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Print[Ferro-Alloys.com] ELKO — General Moly Inc. received approval for all proposals submitted to stockholders during its annual meeting Thursday in Golden, Colo.
The U.S.-based molybdenum company announced the approval Friday.
Stockholders supported the election of Bruce D. Hansen, Mark A. Lettes, and Nelson F. Chen to the Board of Directors, who will serve for a term of three years, and ratified PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm.
Stockholders, through an advisory vote, also approved of the company's executive compensation structure.
General Moly owns 80 percent of Mt. Hope, a molybdenum mine in development about 21 miles north of the town of Eureka. Mt. Hope is considered one of the world's largest and highest grade molybdenum deposits.
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