Moly up as Spinifex Exceeds Expectations

Perth Now reported that despite delays, Moly Mines (PINK:MYMNF) has exceeded expectations for its Spinifex Ridge mine.

The editorial is quoted as saying:

Moly Mines in 2009 decided to initially mine iron ore at the Spinifex Ridge project in Western Australia, where it mainly intends to mine molybdenum and copper, after a sharp fall in the molybdenum price, which has since improved.

To read the full editorial, click here.