Molycorp (MCP) announces a turnover in mangement, saying that John F. Ashburn, Jr., its General...

|By:, SA News Editor

Molycorp (MCP) announces a turnover in mangement, saying that John F. Ashburn, Jr., its General Cousel, and John L. Burba, its Chief Technology Officer, have both resigned from the company, but will remain on in a limited consulting capacity. Geoffrey R. Bedford, the company's EVP of Rare Earths and Magnetics, will assume COO duties, effective immediately. Shares +0.4% AH.