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 [...]
Avanti Mining (CVE:AVT) reports issuing shares for interest payable under terms of a bridge loan. According to the terms and conditions set out in the Loan Agreement, RCF has the option to receive interest payments in the form of common shares of Avanti. RCF has made a request to receive the interest payable on the bridge [...]
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, [...]
Avanti Mining reports that it had received an order under section (10) of the British Columbia Environmental Assessment Act in respect of its Kitsault mine project, Northern British Columbia, Canada. The next step is to receive a section 11 order that specifies the “Application Information Requirements” (AIR) to be included in the EA application. The Company [...]
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?
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 [...]
Avanti Mining reports on the appointment of Bob Jacko, as General Manager – Project Development effective June 15th, 2010. Mr. Jacko has over 32 years of experience in the mining industry, most recently as Vice President and General Manager, Projects of Thompson Creek Metals which included the responsibility for engineering and construction of the Endako Mine expansion [...]
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 [...]
Avanti Mining Inc. (AVT:CA) announced that the company has signed a definitive agreement to purchase a 100% interest in 99 mineral tenures adjacent to its Kitsault molybdenum property in northern British Columbia from TA Mineral Resources Ltd.
Moly has been priced too low as compared to other minerals already traded in the futures market. The added sauce to the coming moly price surge will be a sure-fire winner for speculators. You in?
Get our independent commentary on moly trends and companies delivered to your inbox.
