• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Industrial Metals Market
    Industrial Metals News
    Industrial Metals Stocks
    • Industrial Metals Market
    • Industrial Metals News
    • Industrial Metals Stocks
    market news

    Moly Mines Discontinues Spinifex Ridge

    Investing News Network
    Dec. 28, 2011 02:49PM PST
    Industrial Metals

    Bloomberg reported that Moly Mines (ASX:MOL) has cancelled its planned Spinifex Ridge moly-copper project.

    Bloomberg reported that Moly Mines (ASX:MOL) has cancelled its planned Spinifex Ridge moly-copper project.

    As quoted in the market news:

    Weak global molybdenum prices and a strong Australian currency have rendered the project “sub-economic”, the Perth- based company said in a statement today.

    Click here to read the full Bloomberg report.

    market newsasx:molmoly mines
    The Conversation (0)

    Go Deeper

    AI Powered
    Salt flats with text overlay: "5 Top Australian Mining Stocks This Week."

    Top 5 Australian Mining Stocks This Week: Argosy Climbs 89 Percent on Rincon Lithium Spot Contract

    Closeup of pile of white kaolin clay mineral with text: "5 Top Australian Mining Stocks This Week."

    Top 5 Australian Mining Stocks This Week: Andromeda Soars on Report, HPA Scoping Study

    Latest News

    Troy Minerals Achieves Key Milestone Toward Operational Mining License for Its Tsagaan Zalaa Silica Project, Mongolia

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES