Avanti Mining Inc. (CVE:AVT) reports that it has entered into an off-take commitment letter with a Asian Steel producer. The press release is quoted as saying: This represents approximately 10% of the expected average annual production from the Kitsault mine during the term of the agreement. The Strategic Partner has the option to increase the off [...]
Continue reading "Avanti Mining Reports Off-Take Agreement & LOI"
Tuesday, August 31, 2010
Avanti Mining Inc. (CVE:AVT) reports there was a typographical error in the press release dated August 31, 2010 in which the historical resource at the Bell Moly deposit of 96.4 million tonnes was stated to have a grade of 0.54% instead of 0.054%. The corrected press release is as follows: Avanti reported a net loss [...]
Continue reading "Corrected Press Release – Avanti Reports Results to June 30, 2010"
Tuesday, June 29, 2010
Your Mining News reports Avanti Mining received yesterday that it had received an order under section (10) of the British Columbia Environmental Assessment Act in respect of its Kitsault mine project. “This is significant step in Avanti’s efforts to re-open the Kitsault molybdenum mine because it formally commences the environmental assessment (EA) process under BCEEA” said Craig Nelsen, [...]
Wednesday, June 2, 2010
Recently molybdenum mining companies stock prices have fallen on fears that Chinese steel demand may be waning, a sign of a slowing recovery.However, most analysis of world markets has steel demand rising through 2012. How will this speculation effect the stock price of profitable molybdenum companies?
Continue reading "Speculation or Reality? Steel Demand and Molybdenum Prices"
Tuesday, June 1, 2010
Avanti Mining reports an alternative location for a Tailings Management Facility for its Kitsault molybdenum project has been identified. Avanti is currently advancing its Feasibility Study. It has been studying alternative TMF sites since the PFS was published in November 2009, under the direction of Knight Piesold. The study involved the selection of a more optimum TMF [...]
Continue reading "Avanti Mining announces alternative site for TMF"
Thursday, April 22, 2010
Avanti Mining reports that it has signed an agreement to purchase a 100% interest in two mineral claims located in Kitsault, British Columbia, Canada. Avanti is focused on the development of the past producing Kitsault molybdenum mine located north of Prince Rupert in British Columbia. Kitsault has Proven and Probable reserves of 215 million tonnes grading 0.085% Mo [...]
Continue reading "Avanti Mining reports purchase of contiguous mineral claims"
Wednesday, January 6, 2010
The Kitsault Molybdenum Mine - owned 100% by Avanti Kitsault Mine Ltd (CVE:AVT), is a former producing mine (total production during two prior periods was approximately 30 million pounds of moly) and is considered one of the top-five undeveloped primary molybdenum assets worldwide.
Continue reading "Avanti – Production at Kitsault by 2013"
Wednesday, July 15, 2009
Avanti Mining Inc. declared that the expiration date for its approximately 34 million outstanding warrants, dated as of August 15, 2007, will be extended through Monday, August 17, 2009. For full story, click here
Continue reading "Avanti Mining has confirmed expiration date for Warrants"
Thursday, April 9, 2009
Vancouver’s Avanti Mining announced the updated resource estimates for its Kitsault moly project are 54 million tonnes at 0.112% Mo in the measured category, 153 million tonnes at 0.088% Mo in the indicated category, and 26 million tonnes grading 0.069% Mo in the inferred category. Craig J. Nelsen, Avanti president and CEO, stated: This new [...]
Continue reading "Avanti Mining updated resource estimates for Kitsault numbers"
Monday, April 6, 2009
Avanti Mining Inc. declared an updated Mineral Resource Statement for its 100% owned Kitsault molybdenum deposit located in British Columbia, Canada. Craig J. Nelsen, President and CEO, stated: This new resource statement resulted in an increase of 24% of contained Molybdenum in the Measured and Indicated classification over our previous resource model. For full story, [...]
Continue reading "Avanti Mining updates Kitsault Moly Mine resource statement"
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Tuesday, October 19, 2010