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China Moly bolsters balance sheet

A copper and nickel rally alongside a spate of positive quarterly results combined to see the majority of leaders by market capitalisation post healthy gains in the past week.

China Moly bolsters balance sheet China Moly bolsters balance sheet China Moly bolsters balance sheet China Moly bolsters balance sheet China Moly bolsters balance sheet

China Moly spent $2.65 billion acquiring a 56% stake in Tenke Fungurume

This might have been the general trend, but China Molybdenum’s (HK:3993) 12.5% boost was more to do with its own corporate housekeeping.