US Gold clears final hurdle for mine permit Wyoming, PFS work underway
The company says the optimized PFS could be released as soon as the end of this year.
Moly Mines Ltd (MOL.TO: Quote) (MOL.AX: Quote) said it got loans totalling $494 million from China Development Bank Corp(CDB) for the construction of its Spinifex Ridge molybdenum and copper project in Western Australia.
The miner said the loans will include a $454 million syndicated loan. CDB will also provide the company with a $40 million working capital loan.