TORONTO, ONTARIO — (Marketwired) — 07/02/13 — Moly Mines Limited (ASX: MOL)(TSX: MOL) is pleased to advise that, following the approval of the Company-s shareholders obtained at last week-s General Meeting, the mine gate sale agreement for iron ore produced at the Company-s Spinifex Ridge Iron Ore Mine with Mineral Resources Limited (ASX: MIN) (MRL) (Transaction) has come into effect 1 July, 2013.As a result of the Transaction about 15 site and Perth office employees have left the Company.
TORONTO, ONTARIO — (Marketwired) — 06/26/13 — Moly Mines Limited (TSX: MOL)(ASX: MOL) is pleased to provide the following update.Following the approval of the Company-s shareholders obtained at today-s General Meeting, the mine gate sale agreement for iron ore produced at the Company-s Spinifex Ridge Iron Ore Mine with Mineral Resources Limited (ASX: MIN) (MRL) (Transaction), has become unconditional. The Company and MRL have agreed that the Transaction will take effect from 1 July 2013.Und
TORONTO, ONTARIO — (Marketwired) — 05/31/13 — Moly Mines Limited (TSX: MOL)(ASX: MOL) advises of the following voting results obtained at the Annual General Meeting of the shareholders of Moly Mines Limited held on May 31, 2013 in Perth WA, (May 30, 2013 EST):All resolutions put to the meeting were carried on a show of hands.A copy of the Annual General Meeting presentation and the Chairman-s address is available on the Company-s website at and on SEDAR.The Company also reports that in acc
TORONTO, ONTARIO — (Marketwired) — 05/21/13 — Moly Mines Limited (TSX: MOL)(ASX: MOL) advises that non-executive director Mr. Andy Zhmurovsky has today resigned from its Board effective immediately. Mr. Zhmurovsky had been nominated by the Company-s shareholder, EIG Global Energy Partners (EIG), under a contractual arrangement between EIG and the Company made in 2008. EIG has indicated that it does not intend to nominate a replacement for Mr. Zhmurovsky at this stage but it retains its righ
TORONTO, ONTARIO — (Marketwired) — 05/10/13 — Moly Mines Limited (ASX: MOL)(TSX: MOL) is pleased to advise that the Company has entered into a mine gate sale agreement for iron ore produced at the Company-s Spinifex Ridge Iron Ore Mine (Transaction) with Mineral Resources Limited (MRL) (ASX: MIN). The Transaction is subject to approval of the Company-s shareholders at an extraordinary general meeting to be held in the second half of June 2013.Under the Transaction, the Company-s wholly owne
TORONTO, ONTARIO — (Marketwired) — 04/24/13 — Moly Mines Limited (TSX: MOL)(ASX: MOL) reports the highlights of their Quarterly Activities Report and Quarterly Cashflow Report for the period ending March 31, 2013, available on the Company website () and on SEDAR ().HIGHLIGHTS (all amounts are in A$ unless otherwise stated)Mine Performance (unaudited):Operations:Finance (unaudited):Corporate:Exploration:This news release includes "forward-looking statements" as that term within the
TORONTO, ONTARIO — (Marketwired) — 04/10/13 — Moly Mines Limited (TSX: MOL)(ASX: MOL) advises that the Board and the Company-s major shareholder Hanlong Mining Investments Pty Ltd (Hanlong) have agreed the following in respect of the composition of the Board:With respect to the Company-s merger and acquisition strategy, Hanlong has advised that it maintains its support for that strategy. Although it is unlikely that Hanlong will be in a position to directly financially support an acquisitio
TORONTO, ONTARIO — (Marketwired) — 04/09/13 — Moly Mines Limited (TSX: MOL)(ASX: MOL) refers to a report in today-s West Australian that its majority shareholder Hanlong Mining Investments Pty Ltd (Hanlong) is to remove the Company-s independent directors and advises as follows.Hanlong and the Board are in discussions in relation to the future structure and composition of the Board. The Company will advise the market further once those discussions have concluded.The Company also notes the r
TORONTO, ONTARIO — (Marketwire) — 03/20/13 — Moly Mines Limited (TSX: MOL)(ASX: MOL) advises that it is aware of media reports in China and Australia that Mr Liu Han, CEO of the Company-s major shareholder Sichuan Hanlong Group (Hanlong) and a director the Company, is being detained by Chinese authorities. The Company is seeking clarification from Hanlong as to whether this event has any consequences for the Company and Mr Liu-s position as a director and will advise the market further shou
TORONTO, ONTARIO — (Marketwire) — 12/20/12 — Moly Mines Limited (TSX: MOL)(ASX: MOL) is pleased to advise that the Company has conducted a review of its merger and acquisition strategy in consultation with its major shareholder, Hanlong Group (Hanlong).Hanlong has advised the Company that Hanlong maintains its support for the Company-s acquisition strategy and that it will be in a position to financially support an acquisition or project development by the Company from the second half of 20