Growth for steel demand in China is expected to dip below 10 percent for the first time in recent years. Growth in the steel market, and consequently growth for moly is expected to improve, however, at a slower pace than in recent years. These factors may influence moly price in 2011.
Avanti Mining Inc. (CVE:AVT) reports results of the NI 43-101 feasibility study on Kitsault molybdenum property in northwest British Columbia, Canada.
Avanti Mining Inc. (CVE:AVT) reports that it has received results of an initial six hole program intended to confirm historical drill information at its Roundy Creek prospect, northwest BC.
Avanti Mining Inc. (CVE:AVT) reports progress on the environmental assessment of the Kitsault Mine project.
Avanti Mining Inc. (CVE:AVT) reports the issuing of shares.
Analysts are bullish for the future of the molybdenum market stemming from growth projection in China. Steel demand, and consequently, demand for moly is expected to grow by 9 percent through 2012.
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 [...]
Avanti Mining Inc. (CVE:AVT) has entered into a Molybdenum Concentrate Tolling Agreement with Molymet of Chile for the life of mine molybdenum concentrate production at the Company’s Kitsault Project. “This agreement is an important milestone for Avanti as it assures the steel producers that we can deliver quality products to them throughout the term of [...]
Molybdenum exploration in Canada is heating up along with demand for the metal. Miners are looking to take advantage of China's appetite for steel, for which moly is a vital ingredient. This article is a guide to some of the promising molybdenum projects underway in Canada.
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 [...]
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