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    Armenia Reports 857,000 Tons Moly Reserves

    Written by Investing News Network
    |
    Dec. 27, 2011 11:53AM PST

    News.am reported that Armenia has proven moly reserves of 857,000 tons.

    News.am reported that Armenia has proven moly reserves of 857,000 tons.

    As quoted in the market news:

    The reserves, production of which is now economically feasible, constitute 82% of that amount – about 725 thousand tons, while prospective reserves (category P1) total 3.1 tons.

    Click here to read the full News.am report.

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