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January 9, 2013
08:31 EDTGMOGeneral Moly initiates preliminary construction activities at Mt. Hope
General Moly announced through its 80% owned Mt. Hope subsidiary, Eureka Moly, LLC, the initiation of preliminary construction activities including early well field development and clearing and grubbing of terrain that coincide with the Companyís ongoing cultural clearance efforts at its Mt. Hope Project in Eureka County, Nevada. A crew from Ames Construction, Inc. has been mobilized, and is initially focused on clearing the administrative office and mill site areas as well as clearing the water pipeline corridor in preparation for developing the well field and water distribution system to support heavy construction activities.
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June 29, 2015
08:04 EDTGMOGeneral Moly reaches electricity services agreement for Mt. Hope project
General Moly announced an agreement to terminate the existing third-party transmission contracts to provide power to the Mt. Hope Project in favor of a future arrangement for transmission under the providerís network services agreement. With the agreement, Eureka Moly, of which General Moly is an 80% member, will receive a return of approximately $7.9M net of termination costs, expenses and consideration to the transmission providers.

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