Moly Mines Limited: China Development Bank Approves US$500 Million Project Finance Facility for the Spinifex Ridge …

April 12, 2011 | FINANCE

TORONTO, ONTARIO–(Marketwire – April 11, 2011) – Moly Mines Limited (TSX:MOL)(ASX:MOL) is pleased to announce it has been advised by Hanlong Mining Investment Pty Ltd (“Hanlong”), that the China Development Bank (“CDB”) has approved US$500 million in project finance facilities to develop the Spinifex Ridge Molybdenum / Copper mine.
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