Moly Mines

Moly Mines (MOL)

Stock Code

MOL

Stock Exchange

ax

Moly Mines (MOL) is a listed resources company focusing on the development of base metals projects including the world class Spinifex Ridge Molybdenum - Copper Project. MOL has achieved all significant milestones to attain full project funding for the Spinifex Ridge Project. The mine will operate at 20Mtpa to produce ~10,900t of contained Mo and 12,250t of contained Cu per annum. The Measured and Indicated resource has been increased to 652Mt at 0.045% Mo, 0.08% Cu and 1.27g/t Ag. The project life will be in excess of 20 years.

Moly Mines Puts Spinifex Ridge Project On Hold


Chinese controlled Moly Mines (MOL) has put its $700 million Spinifex Ridge molybdenum and copper project on hold due to molybdenum price decrease and strong Australian dollar. The company, however, will return in the market with a fund lower at $US244 million from its financier China Development Bank, which was previously amounted to $454 million.

Moly Mines Dividends

1 September, 2010 - 13:29

Study the dividend history for MOLY MINES LIMITED. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive MOL dividends if you own the MOLY MINES LIMITED shares on the ex-dividend date. Traders and investors must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the MOL dividend if you buy the stocks on or after the ex dividend date.

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