29
Sep
17:48
Court denies General Moly water permits
The state of Nevada’s Supreme Court has affirmed a lower court’s March 2016 denying steel alloy producer General Moly water permits for its Mt. Hope mine, Kallanish reports.
General Moly intends to schedule a hearing with the Nevada State Engineer to “... present evidence of the company's ability to mitigate any potential impacts to senior water right holders in the basin and to ultimately grant the new applications,” the company says…
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Very good overview of the weekly steel market.
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