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General Moly, Inc. announced that effective May 12, 2017 Lee M. Shumway, Chief Financial Officer and Principal Accounting Officer, will depart from the Company. Mr. Shumway informed the Company last […]
Bruce D. Hansen
Mt. Hope Mine Hits Another Snag
Opponents of the Mount Hope Molybdenum Mine near Eureka scored a win when a federal appeals court vacated the Bureau of Land Management’s approval of the mining project. The ruling […]
General Moly cutting costs while pursuing financing for Mt. Hope
The company in charge of the stalled Mt. Hope mining project is slashing executive salaries and looking for other ways to cut costs as it seeks new funding to one […]
General Moly searches for new backers as Hanlong Mining agreement is terminated
The Mt. Hope mine outside Eureka is basically on life support after the Colorado company developing it formally terminated its agreement with the mine’s Chinese backers. All major ground disturbing […]