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General Moly gains latest permit

Keywords: Tags  General Moly, NDEP, Bruce Hansen, molybdenum, reclamation permit


NEW YORK — General Moly Inc. has received a reclamation permit for its Mount Hope molybdenum project from the Nevada Division of Environmental Protection, the company said Wednesday.

The only permit now left outstanding before construction can begin is a water pollution control permit, which falls under the same agency’s jurisdiction ( amm.com, Nov. 19).

The department “continues to make progress finalizing the water pollution control permit,” Bruce Hansen, chief executive officer of the Lakewood, Colo.-based miner, said in a statement.

The reclamation permit authorizes surface disturbance and construction of facilities and approves reclamation costs for Mount Hope’s post-mining land use of $73 million, according to the statement.

The mine is expected to produce 40 million pounds of molybdenum annually.

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