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Molycorp shares dive as CEO quits and firm faces investigation

Cecilia Jamasmie | December 13, 2012 | 4:44 pm Battery Metals Europe Rare Earth 

Shares of rare earth miner Molycorp Inc. (NYSE:MCP) were falling Thursday morning as the company’s president and chief executive, Mark Smith, left without explanation and the company revealed it was under investigation from the United States Securities and Exchange Commission...

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