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Moly Mines won't be developing its Spinifex Ridge molybdenum copper project

Michael Allan McCrae | December 28, 2011 | 8:40 pm Base Metals Australia Canada Europe Copper Molybdenum 

Due to the high Australian dollar and low molybdenum prices, Moly Mines says the Spinifex Ridge molybdenum/copper project is sub-economic and the company won't be developing it. In the same news it released on Wednesday, the company added that it...

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