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    market news

    Moly Awards $608m Spinifex Ridge EPC Contract

    Investing News Network
    May. 23, 2011 08:35AM PST
    Industrial Metals

    Mining Weekly reported that the EPC contract for Moly Mines’ (ASX:MOL) Spinifex Ridge project was awarded to CACS Corporation.

    Mining Weekly reported that the EPC contract for Moly Mines’ (ASX:MOL) Spinifex Ridge project was awarded to CACS Corporation.

    The market news is quoted as saying:

    The EPC contract would only start once Moly Mines has secured unconditional financing for the project, and once the board made a final investment decision to proceed with the project.

    To read the full market news, click here.

    moly minesmarket newsasx:mol
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