Industrial Metals

Moly Rises on Financing News

Industrial Metals

Mining Weekly reported that shares of Moly Mines are up after its announcement that a Chinese investor is doubling its funding.

Mining Weekly reported that shares of Moly Mines (ASX:MOL) are up after its announcement that a Chinese investor is doubling its funding.

The editorial is quoted as saying:

Moly said Hanlong Mining Investment had told it the China Development Bank would now provide $500-million to expand the operation.

To read the full editorial, click here.

MARKETS

Markets
TSX20714.48+13.98
TSXV622.01+0.87
DOW33978.08+28.67
S&P 5004070.56+10.13
NASD11621.71+109.30
ASX7493.80+25.50

COMMODITIES

Commodities
Gold1927.96+0.24
Silver23.60+0.01
Copper4.23-0.04
Palladium1713.170.00
Platinum1087.260.00
Oil79.38-1.63
Heating Oil3.19-0.11
Natural Gas2.85-0.09

DOWNLOAD FREE REPORTS

×