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, August 31, 2010
Avanti Mining Inc. (CVE:AVT) reports results for the six months ended June 30, 2010. In addition the Company deferred $3.9 million (2009 – $2.5 million) relating to the development costs of the Kitsault property. The Company had a cash balance of $13.4 million on hand as at June 30, 2010. For complete news release, click here. [...]
Thursday, July 8, 2010
“Sell in May, and Go Away,” may hold true for minor metals such as molybdenum this year. However, recent moves by the Chinese and speculation on China’s growth numbers may be the true factors driving the molybdenum market.
Continue reading "Moly Price Action: Summer Slowdown or Market Reaction to China?"
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Tuesday, August 31, 2010