AVANTI MINING - "The Moly Pure-Play" - 500 Beiträge pro Seite

[Giochi]

Hi @ll,

Dieser noch unentdeckte kanadische Moly-Explorer in einem aktuell interessanten Stadium ist mir einen thread wert! Einfach mal einlesen - im Management u.a. an Bord: Robert Cross (Gründer und Chairman von Bankers Petroleum).

Homepage: http://www.avantimining.com/s/Corporate.asp

Viel Spaß beim Entdecken!

[Giochi]

Hier die latest news:

Avanti receives Section 11 BCEAA order for Kitsault

2010-11-29 11:00 ET - News Release


Mr. Craig Nelsen reports

AVANTI RECEIVES SECTION 11 ORDER FROM THE BRITISH COLUMBIA ENVIRONMENTAL ASSESSMENT OFFICE

The British Columbia (BC) Environmental Assessment Office has issued a Section 11 order, under the B.C. Environmental Assessment Act, to Avanti Kitsault Mine Ltd., the wholly owned subsidiary of Avanti Mining Inc., for the Kitsault mine project. The Section 11 order defines the scope of the project that is required to be assessed in the environmental assessment (EA) application and includes potential effects to be considered in the EA application.

In addition, the Section 11 order sets out the consultation requirements and the native communities to be consulted for the project. With the Section 11 order, Avanti can move to finalize the application information requirements following a 30-day public comment period tentatively set to begin early in 2011. See Avanti news release in Stockwatch dated Nov. 10, 2010, for more information on the application information requirements.

Craig J. Nelsen, president and chief executive officer, commented: "We are very pleased at the project's progress through both the provincial and federal environmental assessment process and the relationship that has developed between the agencies and members of the working group. The draft application information requirement (AIR) is under review with a goal of it being issued for public comment in January, 2011. We are also very proud of the evolving project design that has taken place during the feasibility study expected by Dec. 15. Environmental considerations have informed this design and made for a much more sustainable operation."

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aAVT-17853…

[Giochi]

Antwort auf Beitrag Nr.: 40.646.521 von Giochi am 04.12.10 15:05:04

"...Craig J. Nelsen, president and chief executive officer, commented: "We are very pleased at the project's progress through both the provincial and federal environmental assessment process and the relationship that has developed between the agencies and members of the working group. The draft application information requirement (AIR) is under review with a goal of it being issued for public comment in January, 2011. We are also very proud of the evolving project design that has taken place during the feasibility study expected by Dec. 15. Environmental considerations have informed this design and made for a much more sustainable operation."

Da werden kurzfristig wichtige Meldungen angekündigt - könnte bald spannend werden!

[Giochi]

Das schaut auch sehr interessant aus!

Avanti Mining Inc. (AVT) As of December 4th, 2010
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Nov 22/10 Nov 19/10 Resource Capital Fund IV LP Direct Ownership Common Shares 11 - Acquisition carried out privately 586,904
Oct 08/10 Oct 07/10 Ali, Amjad Jaan Direct Ownership Common Shares 10 - Acquisition in the public market 10,500 $0.185
Oct 08/10 Oct 07/10 Ali, Amjad Jaan Direct Ownership Common Shares 10 - Acquisition in the public market 39,500 $0.175
Aug 19/10 Aug 19/10 Blair, Robert G. Direct Ownership Common Shares 10 - Acquisition in the public market 15,500 $0.160
Aug 19/10 Aug 18/10 Blair, Robert G. Direct Ownership Common Shares 10 - Acquisition in the public market 14,500 $0.160
Aug 10/10 Aug 04/10 Ali, Amjad Jaan Direct Ownership Common Shares 10 - Acquisition in the public market 173,500 $0.155
Aug 09/10 Aug 09/10 Nelsen, Craig Joseph Direct Ownership Common Shares 10 - Acquisition in the public market 50,000 $0.166 USD
Aug 02/10 Jul 23/10 Resource Capital Fund IV LP Direct Ownership Common Shares 11 - Acquisition carried out privately 895,977
Jul 29/10 Jul 28/10 Nelsen, Craig Joseph Direct Ownership Common Shares 10 - Acquisition in the public market 30,000 $0.160
Jul 23/10 Nov 27/09 Nelsen, Craig Joseph Direct Ownership Warrants 58 - Expiration of rights -416,675 $0.900

http://www.canadianinsider.com/coReport/allTransactions.php?…

[Giochi]

Antwort auf Beitrag Nr.: 40.648.163 von Giochi am 05.12.10 11:43:08

Einfach mal ein paar Infos zusammengetragen - hier ein "älterer" Artikel:

Growth in the Molybdenum Market
Wed, Oct 20, 2010 Feature Articles, Moly Articles

By Michael Montgomery—Exclusive to Moly Investing News

Share Molybdenum prices have fallen slightly since the $18 highs of April down to approximately $15 per pound; however, demand for the metal remains strong. The future price for the metal will be affected by the mining quota in China for 2011. The Asian nation mines about 35 percent of the metal, and consumes a large portion of moly in the production of steel alloys. In the second quarter of 2010, China became a net exporter of the metal after being a net importer for 2009. The robust buying of moly on China’s part help the metal rebound after the $8 lows of 2008.

“Between 2009 and 2012, consumption of molybdenum, an ingredient in making steel, is set to grow by 9.2 percent… Re-stocking of steel could lead to mine re-starts, with Chinese production rising over 11 percent this year,” stated Catherine Virga, director of research at CPM Group, at a London Metal Exchange conference.

The level of growth in the steel market is in line with the projections for the growth of Chinese GDP as a whole. This may be due to large scale construction projects and the heavy use of steel in the rapid urbanization of the Chinese society as a whole.

The amount of investment in overseas moly mining operations on the part of Chinese investment firms foreshadows the bullish nature of the Chinese for future steel demand, and consequently demand for moly. After the stockpiling of moly in 2009, Chinese firms have backed off in 2010, slowly working down the stockpiles. Analysts see the demand for moly starting to grow in the second quarter of 2011.

Molybdenum, unlike some other base metals trades on supply and demand fundamentals, as investors have yet to be drawn to it as a speculation play. However, with the addition of moly to the LME in 2010, investors are making up a smaller portion of the market, adding a new dimension to the market.

“The contract is still gaining traction and at this point of very low levels of liquidity I do think we’ll have investors still be a bit stand offish from the LME contract in the near term. Over time the molybdenum contract is one that could potentially be more liquid than the tin market and opening it up to much greater levels of investment demand,” stated Catherine Virga, in an interview with Geoff Candy, of MineWeb.

While the LME contracts may take time to significantly affect the moly market as a whole, in the long run it remains a positive addition to the demand for the metal, without the concerns of rampant speculation that cloud other metal markets.

Moly Company News

Ivanhoe Australia (ASX:IVA) is looking for a listing on the Toronto Stock Exchange in an attempt to broaden its investment universe. The Australian firm’s parent company Ivanhoe Mines Ltd. (TSE:IVN)(NYSE:IVN) is already listed on the Toronto exchange.

“For molybdenum producers we just don’t have many comparables in Australia and the big institutions holding our shares have said we should get an improved valuation in North America because there’s a more active capital market,” stated Ivanhoe Austraila’s Chief, Peter Reeve.

The company hopes that the gained exposure in the North American market will help boost capital and accelerate the mining operation in Australia. The company plans to keep its headquarters in Australia as well as their list on the Australian exchange.

Avanti Mining Inc. (CVE:AVT) which is developing it Kitsault mine in British Columbia has recently signed an off-take agreement. The company “entered into an off-take agreement with an Asian steel producer for the sale of three million pounds of moly annually for four years if Kitsault is re-opened,” reported J. McKay for Business in Vancouver.

The Kisault mine is expected to cost $600 million to build, and the company has not secured any of it until this recent announcement. The name of the partner has yet to be announced until the letter of intent is signed. The final feasibility study is to be released Jan. 31, 2011.

With help from Assistant Editor Vivien Diniz

http://molyinvestingnews.com/2970-growth-in-the-molybdenum-m…

[30silberlinge]

Antwort auf Beitrag Nr.: 40.646.527 von Giochi am 04.12.10 15:09:04

Könnte man das ganze denn auch mal in deutsch einstellen, wäre prima, nicht jeder User
ist der ausländischen Sprache mächtig. Vielen Dank sagen die 30silbelinge.

[Giochi]

Antwort auf Beitrag Nr.: 40.648.528 von 30silberlinge am 05.12.10 13:57:04

Schlage vor, du arbeitest dann mit einem Übersetzungsprogramm! Bei kanad. Explorern kommen die News und Infos nunmal meist auf Englisch - es sei denn über BBs...

[Giochi]

Hier irgendjemand noch dabei? Das sieht doch sehr gut aus, was sich da anbahnt...

Recent Trades - Last 10 of 29
Time ET Ex Price Change Volume Buyer Seller Markers
13:03:21 V 0.32 0.00 7,000 22 Fidelity 7 TD Sec K
12:59:59 V 0.32 0.00 8,500 22 Fidelity 7 TD Sec K
12:59:59 V 0.315 -0.005 10,000 22 Fidelity 85 Scotia K
12:59:59 V 0.315 -0.005 14,500 22 Fidelity 7 TD Sec K
11:58:55 V 0.305 -0.015 1,500 33 Canaccord 85 Scotia K
11:43:52 V 0.305 -0.015 91,000 33 Canaccord 9 BMO Nesbitt K
11:31:29 V 0.30 -0.02 12,000 2 RBC 79 CIBC K
11:23:55 V 0.305 -0.015 3,000 1 Anonymous 9 BMO Nesbitt K
11:09:52 V 0.30 -0.02 2,000 7 TD Sec 7 TD Sec K
11:09:52 V 0.30 -0.02 7,500 2 RBC 9 BMO Nesbitt

[Giochi]

Antwort auf Beitrag Nr.: 40.666.195 von Giochi am 07.12.10 19:24:46

Time ET Ex Price Change Volume Buyer Seller Markers
13:23:59 V 0.32 0.00 1,500 22 Fidelity 7 TD Sec K
13:23:59 V 0.32 0.00 2,000 22 Fidelity 19 Desjardins K
13:23:59 V 0.32 0.00 1,500 22 Fidelity 7 TD Sec K
13:09:37 V 0.305 -0.015 1,000 7 TD Sec 7 TD Sec K
13:09:37 V 0.31 -0.01 9,000 7 TD Sec 7 TD Sec K
13:03:21 V 0.32 0.00 7,000 22 Fidelity 7 TD Sec K
12:59:59 V 0.32 0.00 8,500 22 Fidelity 7 TD Sec K
12:59:59 V 0.315 -0.005 10,000 22 Fidelity 85 Scotia K
12:59:59 V 0.315 -0.005 14,500 22 Fidelity 7 TD Sec K
11:58:55 V 0.305 -0.015 1,500 33 Canaccord 85 Scotia K

[Giochi]

Antwort auf Beitrag Nr.: 40.666.904 von Giochi am 07.12.10 20:28:57

Hier herrscht ja nicht gerade Hochbetrieb...

Messe die Brüder jetzt einfach daran, ob sie zum genannten Termin etwas Brauchbares vorlegen - oder eben nicht?

"We are also very proud of the evolving project design that has taken place during the feasibility study expected by Dec. 15. Environmental considerations have informed this design and made for a much more sustainable operation."


Quelle s.o. - gäääähhhhnnn

[Giochi]

Für einen Freitag ein sehr passabler Wochenabschluss - Avanti zeigt sich stark - jetzt gehts auf den 15.12. zu!

[Giochi]

Antwort auf Beitrag Nr.: 40.693.344 von Giochi am 11.12.10 09:18:42

Und so gehts gleich in der neuen Woche weiter - schöner Start...!
Jetzt warten wir nur noch aufs Christkind...

[Giochi]

Halloooooo,
an alle Mitleser, sofern vorhanden, wenn hier schon niemand dabei ist...
Könnte jemand netterweise einen CAN-Chart hier reinstellen, das kriege ich irgendwie noch nicht ganz gebacken...- wäre doch schön, wenn's klappte, bevor hier der Ausbruch kommt

[Giochi]

Sumitomo buying stake in Molycorp
Reuters
9:57 AM, E.T. | December 10, 2010
Energy & Resources AA Follow this Japanese trading house Sumitomo Corp. agreed to invest $130 million US in U.S. rare-earth producer Molycorp Inc. (MCP-N 34.19 2.91 9.3%) in exchange for a guaranteed seven-year supply of the minerals, which are used in products ranging from wind turbines to MP3 players.

Molycorp said Sumitomo agreed to buy $100 million of its common stock and provide $30 million in debt financing, to help fund its redevelopment of its Mountain Pass, California, mine and processing facility.

Molycorp has a $2.55 billion market capitalization.

Molycorp, which went public in July at $14 per share, has seen its shares more than double in value since China slashed its export quotas on rare-earth elements.

"This financing will help to ensure that Molycorp will deploy its entire mine-to-magnets manufacturing supply chain on time and on budget," said Mark Smith, Molycorp Chief Executive Officer. The company expects to spend about $500 million updating its mine, which was closed in 2002, at a time when rare earth prices were falling.

Japanese companies have been moving in recent months to secure reliable supplies of rare earths. Last month, Sojitz Corp. reached a procurement deal with Australian miner Lynas Corp.

http://www.bnn.ca/News/2010/12/10/Sumitomo-buying-stake-in-M…

[Giochi]

Zitat von Giochi: Sumitomo buying stake in Molycorp
Reuters
9:57 AM, E.T. | December 10, 2010
Energy & Resources AA Follow this Japanese trading house Sumitomo Corp. agreed to invest $130 million US in U.S. rare-earth producer Molycorp Inc. (MCP-N 34.19 2.91 9.3%) in exchange for a guaranteed seven-year supply of the minerals, which are used in products ranging from wind turbines to MP3 players.

Molycorp said Sumitomo agreed to buy $100 million of its common stock and provide $30 million in debt financing, to help fund its redevelopment of its Mountain Pass, California, mine and processing facility.

Molycorp has a $2.55 billion market capitalization.

Molycorp, which went public in July at $14 per share, has seen its shares more than double in value since China slashed its export quotas on rare-earth elements.

"This financing will help to ensure that Molycorp will deploy its entire mine-to-magnets manufacturing supply chain on time and on budget," said Mark Smith, Molycorp Chief Executive Officer. The company expects to spend about $500 million updating its mine, which was closed in 2002, at a time when rare earth prices were falling.

Japanese companies have been moving in recent months to secure reliable supplies of rare earths. Last month, Sojitz Corp. reached a procurement deal with Australian miner Lynas Corp.

http://www.bnn.ca/News/2010/12/10/Sumitomo-buying-stake-in-M…

[Giochi]

Antwort auf Beitrag Nr.: 40.703.790 von Giochi am 13.12.10 22:17:56

Mark A. Smith
Director

--------------------------------------------------------------------------------
Mr. Smith is a Director for Avanti and is currently Chief Executive Officer, member of the Board of Directors and a shareholder of Molycorp Minerals, LLC. Molycorp Minerals is headquartered in Greenwood Village, Colorado and owns and operates a rare earth mine and processing facilities in Mountain Pass, California, where it produces various forms of rare earth products for sale. Molycorp Minerals is also engaged in technology development concerning rare earth applications and has several patents in this regard. Prior to Molycorp Minerals, Mr. Smith was the president and Chief Executive Officer of Chevron Mining Inc. a wholly-owned subsidiary of Chevron Corporation. Mr. Smith was appointed president and Chief Executive Officer in April 2006. Chevron Mining Inc. operated five mines and was engaged in a joint venture with CONSOL Energy Inc to develop the Youngs Creek Mine, a surface coal mine in Wyoming. Prior to this appointment, Mr. Smith was a Vice President for Unocal Corporation, where he was responsible for managing the real estate, remediation, mining and carbon divisions. Mr. Smith worked for Unocal for over 22 years. Mr. Smith received his Bachelor of Science degree in agricultural engineering from Colorado State University in 1981 and his Juris Doctor, cum laude, from Western State University, College of Law, in 1990. He is a registered professional engineer and an active member of the State Bar of California and Colorado.

http://www.avantimining.com/s/Directors_Officers.asp

So wird sich ein Puzzle-Teil zum anderen fügen...

[Giochi]

[Giochi]

Passables Volumen, auf Tageshoch geschlossen im Plus, sollte in Kürze das Jahreshoch angreifen!


Sym-X Bid - Ask Last Chg %Ch Vol $Vol #Tr Open-Hi-Lo Year Hi-Lo Last Tr News Delay
AVT - V 30.0 0.32 · 0.33 61.0 0.33 +0.015 4.8 594.7 196 80 0.33 0.33 0.315 0.35 0.09 15:53:17 Nov 29 15 min RT 2¢

[Giochi]

We are also very proud of the evolving project design that has taken place during the feasibility study expected by Dec. 15.
...

Das kann hier jeden Moment knallen!

[Giochi]

Schön, schön...step by step!

Time ET Ex Price Change Volume Buyer Seller Markers
15:46:00 V 0.34 0.01 5,500 79 CIBC 9 BMO Nesbitt K
15:46:00 V 0.335 0.005 2,500 79 CIBC 2 RBC K
15:43:20 V 0.335 0.005 1,500 99 Jitney 2 RBC K
15:40:30 V 0.335 0.005 14,500 79 CIBC 2 RBC K
15:29:11 V 0.335 0.005 1,000 124 Questrade 2 RBC K
15:20:59 V 0.335 0.005 210 62 Haywood 79 CIBC E
14:27:16 V 0.335 0.005 10,500 7 TD Sec 2 RBC K
14:19:02 V 0.335 0.005 7,500 7 TD Sec 2 RBC K
14:19:02 V 0.335 0.005 4,000 7 TD Sec 79 CIBC K
14:19:02 V 0.335 0.005 5,000 7 TD Sec 124 Questrade K

SK Tageshoch 0,34 CAD

[Giochi]

[Giochi]

Jetzt gibt es außer in FRankfurt auch Kursstellungen in Berlin und München...

[Giochi]

Avanti Mining Inc. and Bayfield Ventures Corp. Under Current Evaluation
Avanti Mining Inc AVT 12/14/2010 1:30:42 PMDec 14, 2010 (ACCESSWIRE via COMTEX News Network) --
Equedia.com and Equedia Weekly provides research on the top Canadian companies with a focus on mining and resource stocks. Equedia is continuing research and evaluation on the prospects of Avanti Mining Inc. (TSX VENTURE: AVT) and Bayfield Ventures Corp. (TSX VENTURE: BYV). To be further notified of our updates on these companies and special report editions through our Equedia Weekly Newsletter, please obtain your free subscription here:

http://equedia.com/equediaweekly

Companies previously featured in our special report editions have hit new 52 - week highs since the initiation of our coverage and many companies under evaluation have made strong gains since being placed under evaluation. To receive these reports, please make sure to subscribe for your complimentary subscription to Equedia Weekly here:

http://equedia.com/equediaweekly
...
http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n…

[Giochi]

NEWS!

Avanti's Kitsault at 298.8 mt of 0.07% Mo M+I
2010-12-16 19:44 ET - News Release
Mr. Craig Nelsen reports

AVANTI MINING RECEIVES POSITIVE FEASIBILITY STUDY CONFIRMING ROBUST ECONOMICS FOR RESTART OF KITSAULT MOLYBDENUM MINE

Avanti Mining Inc. has released the results of the NI 43-101 feasibility study prepared by AMEC on its 100-per-cent-owned Kitsault molybdenum property in northwest British Columbia, Canada. The complete report will be filed on SEDAR and posted on Avanti's website within 45 days of the issue of this press release. All figures are in U.S. dollars and were derived assuming 100-per-cent equity financing.

Highlights

An increased resource estimate contains measured and indicated mineral resources totalling 298.8 million tonnes grading 0.072 per cent molybdenum and 4.20 grams per tonne silver containing 472.5 million pounds of Mo and 40.3 million ounces of Ag. This represents a 9.7-per-cent increase of contained molybdenum and an 18-per-cent increase of contained silver over the company's prior estimate for measured plus indicated mineral resources. In addition, the inferred category totals 157.1 million tonnes grading 0.050 per cent Mo and 3.65 g/t Ag containing 172.2 million pounds of molybdenum and 18.4 million ounces of silver, an increase of 330 per cent of contained molybdenum and 360 per cent of contained silver over the company's previous resource estimate for inferred mineral resources.

The mine plan calls for a total of 232.5 million tonnes of proven and probable reserves grading 0.081 per cent molybdenum to be mined over a 16-year mine life, producing 373.9 million pounds of molybdenum. The first five years of production averages 0.101 per cent Mo.

A long-term exchange rate of 0.92 has been used to convert Canadian dollars to U.S. dollars.

Initial capital costs are estimated at $770-million (plus/minus-15-per-cent accuracy estimated in Canadian dollars at $837-million).

Cash operating costs (mine gate) are estimated to be $4.76 per pound of molybdenum.

The average annual price of molybdenum for the base case scenario over the mine life as forecast by the CPM Group ranges from $13.75 per pound to $18.25 per pound based upon its June, 2010, molybdenum market outlook. The average over the Kitsault mine life is $16.76 per pound of molybdenum. Forecasts were also prepared for a low- and a high-price scenario.

The base case after-tax net present value (8 per cent) is $798-million, with an internal rate of return of 26.8 per cent.

Projected undiscounted net cash flow (after tax) is $2.0-billion.

Annual metal production for the mine life averages 23.4 million pounds of molybdenum with the first five years averaging 29.6 million pounds per year.

There is a life-of-mine roasting agreement in place with Molymet that assures roasting capacity for the project.

The mine has certain infrastructure in place with road and ocean freight access to the mine site and will be serviced by the existing B.C. Hydro transmission grid.

The reopening of the mine is projected to create over 350 high-paying local jobs during its 16-year life and, at the peak of construction, over 650 jobs. The construction period is estimated at 25 months.

The project is progressing through an environmental assessment process under the B.C. and federal legislation, as well as the Nisga'a final agreement, and the company expects to submit its application in April, 2011.

"We are delighted with the plan developed in this feasibility study by AMEC and other contributors," stated Craig J. Nelsen, Avanti's president and chief executive officer. "We are pleased with the project's robust economics and plan to utilize this study as the basis for negotiating strategic partnerships to assist with the financing plan for Kitsault. Our schedule anticipates receipt of permits toward the end of 2011 and construction to follow in early 2012 with initial production in 2014."

Project description

The Kitsault property is located about 140 kilometres north of Prince Rupert, B.C., and south of the head of Alice Arm, an inlet of the Pacific Ocean. The property includes three known molybdenum deposits: Kitsault, Bell Moly and Roundy Creek. The Kitsault mine was a producer of molybdenum between 1967 and 1972 and from 1981 to 1982 with total production on the property during both periods being approximately 31 million pounds of molybdenum.

Kitsault has road access to the mine site, which is approximately 12 kilometres from ocean transport routes and which is serviced by the B.C. Hydro transmission grid. The feasibility study estimates that the Kitsault mine would operate at an annual resource throughput rate of 14.6 million tonnes, or 40,000 tonnes per day, with a strip ratio of 0.77 to 1 during a mine life of 16 years. The ore mined will be crushed in a gyratory primary crusher then grounded using a SAG-ball mill configuration. Conventional flotation and five stages of cleaning will produce molybdenum concentrate that will be dried and packaged into bags for shipment. The life-of-mine molybdenum production is estimated at 373.9 million pounds of molybdenum contained in 326,150 tonnes of molybdenum concentrate produced from the processing of 233.7 million tonnes of reserves plus planned dilution grading 0.081 per cent Mo. Total molybdenum recovery varies depending on mill head grade but is estimated to average 89.9 per cent.

Mineral resource/reserves statement

The mineral resources are reported in accordance with Canadian Institute of Mining, Metallurgy and Petroleum definition standards for mineral resources mineral reserves and its guidelines and are compliant with National Instrument 43-101. The resource estimate was prepared under the supervision of Greg Kulla, PGeo, an independent qualified person, as this term is defined in NI 43-101. The mineral resource statement for the Kitsault molybdenum project is presented in the attached Kitsault mineral resources table.


KITSAULT MINERAL RESOURCES, EFFECTIVE DATE NOV. 8, 2010,
GREG KULLA, PGEO (CUT-OFF 0.021 PER CENT MO)

Category Volume Density Tonnage Mo Mo Ag Ag
Mm3 g/cm3 Mt % Mlb ppm Moz

Measured 27.6 2.65 73 0.093 150.3 4.28 10
Indicated 84.9 2.66 225.8 0.065 322.2 4.17 30.3
Measured plus indicated 112.4 2.66 298.8 0.072 472.5 4.2 40.3
Inferred 58.8 2.66 157.1 0.05 172.2 3.65 18.4

Mineral resources are inclusive of mineral reserves.
Mineral resources that are not mineral reserves do not have
demonstrated economic viability.
Mineral resources are defined with a Lerchs-Grossmann pit shell and
reported at a 0.021-per-cent-molybdenum-cut-off grade.
Mineral resources are reported using a commodity price of
$15.62 (Canadian) per pound Mo, an average process recovery of 89
per cent, a process cost of $5.84 (Canadian) per tonne
and selling cost of $1.24 per pound of Mo sold. No revenue was
assumed for Ag.
Tonnages are rounded to the nearest 1,000 tonnes, grades are rounded to
three decimal places for Mo and two decimals for Ag.
Rounding as required by reporting guidelines may result in apparent
summation differences between tonnes, grade and contained-metal content.
Tonnage and grade measurements are in metric units; contained molybdenum
is in imperial pounds.


There is potential for a 30- to 50-per-cent recovery of the silver reporting to a saleable concentrate. As of Dec. 1, 2010, the metallurgical work in support of this is indicative only, suggesting that, although there may be a reasonable prospect to extract this silver resource, there is insufficient work to define the level of benefit that would support inclusion of silver in a reserve estimate. No dedicated silver recovery circuit has been included in the process design, but there are reasonable expectations that this can be added in the future.

The mineral resources are reported at a cut-off grade to reflect the reasonable prospects for economic extraction. This estimate of the Kitsault molybdenum deposit is based on open pit extraction, and Avanti and AMEC have not considered underground mining methods for deeper portions of the deposit. Although silver has been reported in the mineral resource, it has not been included in the economic analysis or the reserve statement. There is sufficient metallurgical testwork to suggest it could be an economic contributor, but this work has not yet reached the feasibility level of confidence. The recovery of silver remains a potential-project upside contributor, as well as the opportunity of conversion of inferred to higher confidence categories through additional drilling. Additional drilling will continue through the 2011 field season in parallel with basic and advanced engineering studies.

The attached molybdenum-cut-off table reflects the sensitivity of the resource estimate to various cut-off grades.

MOLYBDENUM-CUT-OFF-GRADE SENSITIVITY ANALYSES WITHIN RESOURCE PIT --
MEASURED AND INDICATED RESOURCES

Cut-off Tonnes Mo Ag Mo Ag
Mo% (kt) (%) (ppm) (Mlb) (Moz)

0.0103 48,203 0.064 4.09 489.7 45.8
0.0153 28,421 0.067 4.13 484.2 43.6
0.0212 98,835 0.072 4.2 472.5 40.3
0.0252 78,316 0.075 4.26 462.1 38.1
0.0302 49,895 0.081 4.34 444.8 34.8
0.0352 24,460 0.086 4.4 426.7 31.8
0.0402 04,924 0.091 4.47 410.6 29.4

AMEC conducted a complete re-evaluation of all old historical and recent drilling information and recalculated the mineral resources from first principals. Ten holes from the previous database were not used in the calculation because of an inability to verify core quality (recoveries) and assay methods.

The Kitsault mine mineral reserves have been prepared in accordance with NI 43-101 standards and CIM definition standard (2010). This statement has been prepared by Ryan W. Ulansky (PEng) of AMEC, a qualified person as defined in NI 43-101. These reserves are sufficient for 16 years of operation at an annual production rate of 40,000 tonnes per day. Mineral reserves are summarized by category in the attached Kitsault mineral reserves table. The notes accompanying the table are an integral part of the mineral reserves and should be read in conjunction with the mineral reserve statement.

KITSAULT MINERAL RESERVES, EFFECTIVE DATE NOV. 8, 2010,
RYAN ULANSKY, PENG (CUT-OFF 0.026 PER CENT MO)

Category Tonnage (Mt) Mo (%) Contained Mo
(MLb)
Proven 69.7 0.097 148.5
Probable 162.8 0.075 267.3
Total proven and probable 232.5 0.081 415.8

Mineral reserves are defined within a mine plan, with pit phase designs
guided by Lerchs-Grossmann pit shells and reported at a 0.026-per-cent-
molybdenum-cut-off grade, after dilution and mining loss adjustments. The
LG shell generation was performed on measured and indicated materials only,
using a molybdenum price of $13.58 (Canadian) per pound, an average mining
cost of $1.94 (Canadian) per tonne mined, a combined ore based cost of
$5.84 (Canadian) per tonne milled and a selling cost of $1.24 per pound of
Mo sold.
Dilution and mining loss have been accounted for based on a waste
neighbour analysis. An amount of 1.5 million tonnes of measured and
indicated material above cut-off was routed as waste. An amount of 1.9
million tonnes of measured and indicated material below cut-off has been
included as dilution material. An additional 200,000 tonnes of inferred
dilution material with grades set to zero are included in the mine plan
as mill feed.
Tonnages are rounded to the nearest 1,000 tonnes, grades are rounded to
three decimal places for Mo.
Rounding as required by reporting guidelines may result in apparent
summation differences between tonnes, grade and contained-metal content.
Tonnage and grade measurements are in metric units; contained molybdenum
is in imperial pounds.
The life of mine strip ratio is 0.77.

Mining

The single ultimate pit will be mined in six phases, with elevated cut-offs in the early years and low-grade stockpiling. A bulk-mining approach has been selected, mining on 10-metre benches. The selected mining fleet features one 26-cubic-metre rope shovel, one 28-cubic-metre electric hydraulic shovel, one 18-cubic-metre front-end loader and up to 10 218-tonne haul trucks with related support equipment. Benches will be drilled with eight-metre-by-eight-metre production drill patterns and wall control patterns as required. The holes will be loaded and shot with a 70-per-cent emulsion/30-per-cent ANFO-blend blasting agent. Ore control will be based on blasthole samples assayed for molybdenum.

Waste rock will be stored in an expansion to the existing Patsy waste management facility. Low-grade ore will be stockpiled throughout the mine life on the top of the existing Clary waste management facility. This ore stockpile will be reclaimed and processed during the last two years of the operation.

The mining production schedule is presented in the attached summarized production table.

SUMMARIZED PRODUCTION SCHEDULE

Ore to
Mining Ore direct low-grade Waste Total Strip Mill Mo grade
period to mill (kt) stockpile (kt) mined (kt) ratio production (%)

-2 -- -- -- -- -- --
-1 362 8,500 23.48
1 13,836 3,801 19,910 37,547 1.13 14,029 0.104
2 14,600 4,126 22,940 41,666 1.23 14,600 0.106
3 14,600 3,088 21,375 39,063 1.21 14,600 0.114
4 14,600 5,969 13,315 33,884 0.65 14,600 0.088
5 14,600 2,833 15,349 32,782 0.88 14,600 0.096
6 14,600 2,581 14,136 31,317 0.82 14,600 0.096
7 14,600 2,087 12,675 29,362 0.76 14,600 0.089
8 14,600 1,043 12,725 28,368 0.81 14,600 0.082
9 14,600 1,024 11,061 26,685 0.71 14,600 0.08
10 14,600 291 8,125 23,016 0.55 14,600 0.074
11 14,600 -- 6,523 21,123 0.45 14,600 0.072
12 14,600 -- 5,360 19,960 0.37 14,600 0.068
13 14,600 -- 3,657 18,257 0.25 14,600 0.079
14 14,600 -- 2,103 16,703 0.14 14,600 0.081
15 1,833 -- 475 2,308 0.26 14,600 0.037
16 -- -- -- -- -- 14,245 0.031
Totals 205,469 27,205 178,229 410,903 0.77 232,674 0.081

As part of the dilution/mining loss adjustments, an additional 202,000 t of inferred
dilution material with grades set to zero are routed to the mill.

Processing

The proposed concentrator in this study is based on an annual resource throughput rate of 14.6 million tonnes, or 40,000 tonnes per day at 92-per-cent plant availability, for the production of a molybdenum concentrate. The processing plant is expected to operate 24 hours/day, 365 days/year. Over the life of mine, the processing plant will produce an estimated 326,150 t of molybdenite concentrate grading 52 per cent Mo. The molybdenum recovery is variable with the average estimated at 89.9 per cent.

The proposed process design is based on historical testwork results, the results from a recent (2009 and 2010) test program and utilizing plant data from the previous Kitsault concentrator operations. Plant design, principally the crushing-grinding circuit, has been revised to reflect current technologies using a primary crusher-SAG-ball mill configuration. The process design is composed of the following unit processes:

Primary crushing using a gyratory crusher;
Grinding using a SAG-ball mill-pebble crusher configuration with cyclones for flotation feed size classification;

Rougher and scavenger flotation;
Five stages of cleaner flotation with three stages of regrinding;
Final molybdenum concentrate thickening, leaching for the removal of contaminants, and the filtering, drying and packaging of the final concentrate;

Flotation to produce desulphidized tailings, which will have a portion cycloned for dam construction, and the rest will be deposited by gravity into an on-site tailings management facility. Pyritic tailings will be deposited in a separate submerged cell in the TMF to prevent oxidation.

Capital costs

Initial capital costs are estimated at $770-million, which includes $50-million for mobile mining equipment. Preproduction stripping costs of $13-million are reflected in the initial operating costs. Life of mine sustaining mine capital was estimated to be $50-million, which is composed mainly of mobile equipment and TMF embankment continuing construction. All capital costs are plus/minus 15 per cent in this estimate.

The capital costs for the mine, plant and TMF are given in the attached capital cost table.
CAPITAL COST SUMMARY

Area Description Cost
(U.S.$M)
1000 Mining 83.8
2000 Site preparation and roads 35.5
3000 Process facilities 195.1
4000 Tailings management and reclaim systems 89.8
5000 Utilities ties 39.7
6000 Ancillary buildings and facilities 38.4
Total direct costs 482.3
8000 Owner's costs 21.1
9000 Indirects 266.7
Total indirect costs 287.8
Contingency Incl above
Total capital costs 770
Operating costs

Life-of-mine unit cash operating costs are $7.64 (U.S.)/t milled, and operating costs for the processing plant are estimated at $4.36/t milled (15-per-cent accuracy). General and administrative costs have been estimated at $1/t milled. The life-of-mine unit cash-operating costs are also summarized in the attached unit cash table.

UNIT CASH OPERATION COSTS (LOM AVERAGE -- U.S.$)

Area Total LOM ($000) U.S.$/t milled U.S.$/lb Mo

Mine operations 528,038 2.27 1.42
Processing operations 1,014,030 4.36 2.71
Administration 232,745 1.00 0.63
Total 1,774,813 7.64 4.76


The NI 43-101 preliminary feasibility study, "Avanti Mining Inc., Kitsault molybdenum property, British Columbia, Canada," was prepared by industry consultants, all of whom are independent of Avanti Mining and are qualified persons under National Instrument 43-101. The QPs have reviewed and approved this news release. The consultants with their responsibilities are as follows:

AMEC Inc. under the direction of Mr. Kulla (PGeo) for matters relating to geology and mineral resource reporting;
AMEC Inc. under the direction of Mr. Ulansky (PEng) for matters and costs relating to mineral reserve statements, mining, mining capital and mine operating costs;
AMEC under the direction of Tony Lipiec (PEng) for matters relating to the metallurgical testing review, mineral processing and process operating costs;
SRK Consulting (Canada) Inc. under the direction of Peter Healey (PEng) for matters and costs relating to mine closure and reclamation;
SRK United States under the direction of Michael Levy (PE, PG) for matters relating to the pit slopes;
Knight Piesold Ltd. under the direction of Bruno Borntraeger (PEng) for matters and costs relating to plant site geotechnical conditions, surface water diversions and the tailings management facility.

Kenneth Collison, senior vice-president of project development for the company and a qualified person as defined in NI 43-101, has reviewed and approved the scientific or technical information in this press release.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aAVT-17926…

[Giochi]

Antwort auf Beitrag Nr.: 40.725.981 von Giochi am 17.12.10 08:54:23

Highlights

An increased resource estimate contains measured and indicated mineral resources totalling 298.8 million tonnes grading 0.072 per cent molybdenum and 4.20 grams per tonne silver containing 472.5 million pounds of Mo and 40.3 million ounces of Ag. This represents a 9.7-per-cent increase of contained molybdenum and an 18-per-cent increase of contained silver over the company's prior estimate for measured plus indicated mineral resources. In addition, the inferred category totals 157.1 million tonnes grading 0.050 per cent Mo and 3.65 g/t Ag containing 172.2 million pounds of molybdenum and 18.4 million ounces of silver, an increase of 330 per cent of contained molybdenum and 360 per cent of contained silver over the company's previous resource estimate for inferred mineral resources.

Das ist ja mal eine Aussage...!!

[Giochi]

Geht doch - endlich stehen die Stückzahlen im bid und ask mal etwas freundlicher...

Sym-X Bid - Ask Last Chg %Ch Vol $Vol #Tr Open-Hi-Lo Year Hi-Lo Last Tr News Delay
AVT - V 194.5 0.305 · 0.31 0.5 0.31 1,475.7 478 194 0.335 0.34 0.305 0.35 0.09 13:51:25 Dec 16 15 min RT 2¢

[Giochi]

Avanti's Kitsault to initially cost $770-million (U.S.)

2010-12-20 09:55 ET - News Release

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
Mr. Craig Nelsen reports

AVANTI MINING ANNOUNCES KITSAULT NPV INCREASES TO US$798 MILLION (AFTER TAX) IN FINAL FEASIBILITY STUDY

Avanti Mining Inc. is releasing the results of the NI 43-101 feasibility study (FS) prepared by Amec Inc. on its 100-per-cent-owned Kitsault molybdenum property in northwest British Columbia. The complete report will be filed on SEDAR and Avanti's website within 45 days of the issue of this news release. All figures are in U.S. dollars and were derived assuming 100-per-cent equity financing.

Highlights include:


The base case after-tax NPV (8%) is $798 million, with an IRR of
26.8%;
Projected undiscounted net cash flow (after-tax) is $2.0 billion;
Cash operating costs (mine gate) are estimated to be $4.76/lb of
molybdenum;
Annual metal production for the mine life averages 23.4 million pounds
of molybdenum, with the first five years averaging 29.6 million pounds per
year;
Initial capital costs are estimated at $770 million and LOM sustaining
capital at $78 million (+/- 15% accuracy estimated in C$ at $837 million
and C$ 85 million respectively);
The average annual price of molybdenum for the base case scenario over
the mine life as forecast by the CPM Group ranges from $13.75/lb to
$18.25/lb based upon their June 2010 Molybdenum Market Outlook. The average
over the Kitsault mine life is $16.76 per pound of molybdenum. Forecasts
were also prepared for a low and a high price scenario.
A long term exchange rate of .92 has been used to convert CDN$ to
US$;
There is a life of mine roasting agreement in place with Molymet that
assures roasting capacity for the project;
The mine plan calls for a total of 232.5 million tonnes of proven and
probable reserves grading 0.081% molybdenum to be mined over a 16-year mine
life, producing 373.9 million pounds of molybdenum. The first five years of
production averages 0.101% Mo;
An increased resource estimate containing Measured and Indicated
mineral resources totaling 298.8 million tonnes grading 0.072% molybdenum
and 4.20 g/t Ag containing 472.5 million pounds of Mo and 40.3 million
ounces of Ag. This represents a 9.7% increase of contained molybdenum and
an 18% increase of contained silver over our prior estimate for measured
plus indicated mineral resources. In addition, the Inferred category totals
157.1 million tonnes grading 0.050% Mo and 3.65 g/t Ag containing 172.2
million pounds of molybdenum and 18.4 million ounces of silver, an increase
of 330% of contained molybdenum and 360% of contained silver over our
previous resource estimate for inferred mineral resources.
The mine has certain infrastructure in place with road and ocean
freight access to the mine site and will be serviced by the existing BC
Hydro transmission grid;
The reopening of the mine is projected to create over 350 high paying
local jobs during its 16 year life, and at the peak of construction, over
650 jobs. The construction period is estimated at 25 months;
The project is progressing through the environmental assessment process
under the BC and federal legislation, as well as the Nisga'a Final
Agreement, and expects to submit its Application in April 2011.


http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aAVT-17932…

[Giochi]

Avanti Mining is developing its core asset, the Kitsault Molybdenum project, a former producing mine, with established infrastructure, located 140 km north of Prince Rupert. British Columbia.

A NI 43-101 compliant Prefeasibility Study completed by Wardrop Engineering in December, 2009 calculated Proven & Probable reserves of 215.3 million tonnes grading 0.085 % Molybdenum, with a 15-year mine life, producing 368 million pounds.

Monday, December 20, 2010

Avanti Mining's final feasibility study for Kitsault molybdenum project sees 46% NPV boost

Avanti Mining's (TSX-V: AVT) final feasibility study for its Kitsault molybdenum property in northwest British Columbia has increased the project's net present value from the pre-feasibility study by 46%, the company said Monday.

The final study, prepared by Amec, reported an after-tax net present value, at an 8% discount rate, of $798 million and an IRR of nearly 27%, assuming a base case average molybdenum price of $16.76/lb. Initial capital costs were estimated at $770 million, with an expected payback period of 2.6 years.

"We are pleased with the projects robust economics and plan to utilize this study as the basis for negotiating strategic partnerships to assist with the financing plan for Kitsault," said president and CEO Craig J. Nelsen.

"The principal reason for the approximately $250 million improvement in the NPV over our Prefeasibility study is the decrease in initial and sustaining capital of almost $200 million and a long term improved outlook for molybdenum prices."

The report assumed an average annual production of 23.4 million pounds of molybdenum for a 16 year mine life at an operating cost of $4.76/lb, with the first five years averaging 29.6 million pounds per year.

The feasibility study also indicated a boost to the project's mineral resources, now estimated to contain Measured and Indicated resources totaling 298.8 million tonnes grading 0.072%molybdenum and 4.20 g/t Ag containing 472.5 million pounds of Mo and 40.3 million ounces of Ag, at a cut-off of 0.021%.

This represents a 9.7% increase of contained molybdenum and an 18% increase of contained silver over the company's prior estimate for measured plus indicated mineral resources, Avanti said.

In addition, the Inferred category now totals 157.1 million tonnes grading 0.050% Mo and 3.65 g/t Ag containing 172.2 million pounds of molybdenum and 18.4 million ounces of silver, an increase of 330% of contained molybdenum and 360% of contained silver from the pre-feasibility study results.

The Kitsault property, which is located about 140 km north of Prince Rupert, includes three known molybdenum deposits: Kitsault, Bell Moly, and Roundy Creek.

The Kitsault mine produced molybdenum between 1967 and 1972 and from 1981 to 1982, with total production during both periods of approximately 31 million pounds of the metal.

According to the current mine plan based on open pit extraction methods, molybdenum production for the life of the mine is estimated at 373.9 million pounds with a production rate of 40,000 tonnes per day. Total molybdenum recovery is estimated to average 89.9%.

"We also expect to add by-product silver recovery after we complete additional metallurgical test that should enhance further the projects economics," added Nelsen.

The Kitsault project has road access to the mine site and is serviced by the BC Hydro transmission grid. The company anticipates receiving permits for the property toward the end of next year, with initial production expected in 2014.

Avanti was up nearly 7% on Monday morning, trading at $0.32 as of 10:11 am EST.

http://www.proactiveinvestors.com/companies/news/10982/avant…

[Giochi]

Hier zur besseren Übersicht noch einmal die Kernaussagen der gestrigen News:

News Releases

Avanti Mining Announces Kitsault NPV Increases to US$798 Million (After Tax) in Final Feasibility Study
12/20/2010 8:30:30 AM - Market Wire

VANCOUVER, BC, Dec 20, 2010 (MARKETWIRE via COMTEX News Network) --
Avanti Mining Inc. (TSX-V: AVT) ("Avanti") is pleased to release the results of the NI 43-101 Feasibility Study ("FS") prepared by AMEC on its 100% owned Kitsault Molybdenum property in northwest British Columbia, Canada. The complete report will be filed on SEDAR and Avanti's web site, www.avantimining.com, within 45 days of the issue of this press release. All figures are in US dollars and were derived assuming 100% equity funding.

Highlights include:

-- The base case after-tax NPV (8%) is $798 million, with an IRR of 26.8%;-- Projected undiscounted net cash flow (after-tax) is $2.0 billion;-- Cash operating costs (mine gate) are estimated to be $4.76/lb of molybdenum;-- Annual metal production for the mine life averages 23.4 million pounds of molybdenum, with the first five years averaging 29.6 million pounds per year;-- Initial capital costs are estimated at $770 million and LOM sustaining capital at $78 million (+/- 15% accuracy estimated in C$ at $837 million and C$ 85 million respectively);-- The average annual price of molybdenum for the base case scenario over the mine life as forecast by the CPM Group ranges from $13.75/lb to $18.25/lb based upon their June 2010 Molybdenum Market Outlook. The average over the Kitsault mine life is $16.76 per pound of molybdenum. Forecasts were also prepared for a low and a high price scenario.-- A long term exchange rate of .92 has been used to convert CDN$ to US$;-- There is a life of mine roasting agreement in place with Molymet that assures roasting capacity for the project;-- The mine plan calls for a total of 232.5 million tonnes of proven and probable reserves grading 0.081% molybdenum to be mined over a 16-year mine life, producing 373.9 million pounds of molybdenum. The first five years of production averages 0.101% Mo;-- An increased resource estimate containing Measured and Indicated mineral resources totaling 298.8 million tonnes grading 0.072% molybdenum and 4.20 g/t Ag containing 472.5 million pounds of Mo and 40.3 million ounces of Ag. This represents a 9.7% increase of contained molybdenum and an 18% increase of contained silver over our prior estimate for measured plus indicated mineral resources. In addition, the Inferred category totals 157.1 million tonnes grading 0.050% Mo and 3.65 g/t Ag containing 172.2 million pounds of molybdenum and 18.4 million ounces of silver, an increase of 330% of contained molybdenum and 360% of contained silver over our previous resource estimate for inferred mineral resources.-- The mine has certain infrastructure in place with road and ocean freight access to the mine site and will be serviced by the existing BC Hydro transmission grid;-- The reopening of the mine is projected to create over 350 high paying local jobs during its 16 year life, and at the peak of construction, over 650 jobs. The construction period is estimated at 25 months;-- The project is progressing through the environmental assessment process under the BC and federal legislation, as well as the Nisga'a Final Agreement, and expects to submit its Application in April 2011.


"We are delighted with the plan developed in this Feasibility Study by AMEC and other contributors," stated Craig J. Nelsen, Avanti's President and CEO. "We are pleased with the projects robust economics and plan to utilize this study as the basis for negotiating strategic partnerships to assist with the financing plan for Kitsault. The principal reason for the approximately $250 million improvement in the NPV over our Prefeasibility study is the decrease in initial and sustaining capital of almost $200 million and a long term improved outlook for molybdenum prices. We also expect to add by-product silver recovery after we complete additional metallurgical test that should enhance further the projects economics. Our schedule anticipates receipt of permits toward the end of 2011 and construction to follow in early 2012 with initial production in 2014."

http://www.stockhouse.com/tools/?page=%2Ffinancialtools%2Fsn…

[Giochi]

Antwort auf Beitrag Nr.: 40.742.432 von Giochi am 21.12.10 09:24:33

Highlights include:

The base case after-tax NPV (8%) is $798 million, with an IRR of 26.8%;

Projected undiscounted net cash flow (after-tax) is $2.0 billion;

Cash operating costs (mine gate) are estimated to be $4.76/lb of molybdenum;

Annual metal production for the mine life averages 23.4 million pounds of molybdenum, with the first five years averaging 29.6 million pounds per year;

Initial capital costs are estimated at $770 million and LOM sustaining capital at $78 million (+/- 15% accuracy estimated in C$ at $837 million and C$ 85 million respectively);

The average annual price of molybdenum for the base case scenario over the mine life as forecast by the CPM Group ranges from $13.75/lb to $18.25/lb based upon their June 2010 Molybdenum Market Outlook. The average over the Kitsault mine life is $16.76 per pound of molybdenum. Forecasts were also prepared for a low and a high price scenario.

A long term exchange rate of .92 has been used to convert CDN$ to US$;

There is a life of mine roasting agreement in place with Molymet that assures roasting capacity for the project;

The mine plan calls for a total of 232.5 million tonnes of proven and probable reserves grading 0.081% molybdenum to be mined over a 16-year mine life, producing 373.9 million pounds of molybdenum. The first five years of production averages 0.101% Mo;

An increased resource estimate containing Measured and Indicated mineral resources totaling 298.8 million tonnes grading 0.072% molybdenum and 4.20 g/t Ag containing 472.5 million pounds of Mo and 40.3 million ounces of Ag.
This represents a 9.7% increase of contained molybdenum and an 18% increase of contained silver over our prior estimate for measured plus indicated mineral resources.
In addition, the Inferred category totals 157.1 million tonnes grading 0.050% Mo and 3.65 g/t Ag containing 172.2 million pounds of molybdenum and 18.4 million ounces of silver, an increase of 330% of contained molybdenum and 360% of contained silver over our previous resource estimate for inferred mineral resources.

The mine has certain infrastructure in place with road and ocean freight access to the mine site and will be serviced by the existing BC Hydro transmission grid;

The reopening of the mine is projected to create over 350 high paying local jobs during its 16 year life, and at the peak of construction, over 650 jobs. The construction period is estimated at 25 months;

The project is progressing through the environmental assessment process under the BC and federal legislation, as well as the Nisga'a Final Agreement, and expects to submit its Application in April 2011.


Erstaunlich, dass hier noch kein BB aufgesprungen ist...

[Giochi]

Man darf gespannt sein, ob in Kürze weitere News kommen - z.B. Bekanntgabe eines Joint Venture Partners, den man ja seit einiger Zeit sucht. Hier ein Bericht aus Juli 2010, der einen guten Überblick liefert:

http://www.avantimining.com/i/pdf/RW-8-7-Avanti.pdf

Ganz am Schluss noch einmal der Hinweis auf das erfahrene Management, das liest sich einfach immer wieder gut!

[christian76]

Hallo du Alleinunterhalter!!


December 22, 2010
Avanti Mining Announces Strategic Alliance with SeAH Holdings Corp. and Private Placements for $15 Million
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, British Columbia: Avanti Mining Inc. (TSX-V:AVT) ("Avanti" or the "Company") is pleased to announce that it intends to form a strategic alliance with SeAH Holdings Corp. ("SeAH"), the largest specialty steel producer in Korea. The initial step toward this alliance is a private placement of 43,650,794 shares at $0.252 per share for proceeds of approximately $11,000,000 (the "Offering") which represents 10.7% of Avanti's basic shares outstanding (and 8.0% on a fully diluted basis). The use of proceeds will be to fund detailed design engineering, environmental assessment, permitting for Avanti's Kitsault molybdenum mine in British Columbia (the "Project") and for general corporate purposes.

The next step toward this alliance will be to enter into a letter of intent ("LOI") allowing SeAH to acquire up to a 30% partnership interest in the Project. The Company expects execution of the LOI early in January 2011. The value of the partnership interest will be negotiated based upon the result of the Kitsault feasibility study announced on December 16th, 2010.

"We are pleased to welcome SeAH as a shareholder and potential partner in the redevelopment of the Kitsault mine" said A J Ali, Chief Financial Officer, "attracting a partner who is a sophisticated consumer of molybdenum not only validates the technical attributes of Kitsault, it moves us closer to sourcing the necessary capital to develop the Kitsault mine. This will also augment our debt financing efforts that are underway".

About SeAH Holdings Corp. - SeAH is a public company listed on the Korean stock exchange. SeAH is the holding company of SeAH Group, established in 2001 by separating the SeAH Steel's investment sector and is based in Seoul, South Korea. SeAH has 18 domestic and 13 overseas subsidiaries/operations with business areas in special steel producing, pipe manufacturing, IT and energy. SeAH Besteel Corp., the largest subsidiary of SeAH, is known as the #1 special steel maker in Korea and the company mainly produces automotive parts and shipbuilding parts for globally renowned automakers and shipbuilders. SeAH and SeAH Besteel are currently listed in Korean stock exchange. CPM Group of New York is acting as financial advisor to SeAH in these transactions.

Avanti is also pleased to announce that it has engaged D&D Securities Inc. ("D&D") of Toronto, Ontario as its agent to raise, on a commercially reasonable efforts basis, up to 10,152,284 flow-through common shares of the Company at a price per share of $0.394 for proceeds of approximately $4,000,000 through the sale, on a private placement basis (the "FT Offering"). Each flow-through common share qualifies as a "flow-through share" for the purposes of the Income Tax Act(Canada). The Company will pay D&D a cash commission equal to 8% of the gross proceeds raised in the Offering.

The funds raised from the FT Offering will be used by Avanti for expenditures on its Kitsault molybdenum property which will constitute Canadian exploration expenditures (as defined in the Income Tax Act (Canada)) and will be renounced for the 2010 taxation year.

All securities issued pursuant to the Offering and the FT Offering are subject to a four month hold period from the date of issuance.

The Offering and the FT Offering are subject to the approval of TSX Venture Exchange and are expected to close before December 31, 2010.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Avanti Mining Inc. is focused on the development of the past producing Kitsault molybdenum mine located north of Prince Rupert in British Columbia.

For further information, please visit www.avantimining.com, or contact:

Craig J. Nelsen, Chief Executive Officer, 303-565-5491, extension 4471, or
A.J. Ali, Chief Financial Officer, 303-565-5491, extension 4472

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

[NewBrokertime]

Giocchi- guter informativer Thread- guter Wert, aber leider noch zu wenig Aufmerksamkeit und nicht sehr liquide im handel...ist aber auf meiner WL.

[Giochi]

Hallo allerseits und ein super Neues Jahr wünsche ich allen!
Avanti hat ja noch einen kräftigen Jahresendspurt hingelegt zuletzt - und Rohstoffwerte gehen zur Zeit super - gespannt, was hier nächste Zeit passiert...!

[Giochi]

Avanti completes two private placements for $15-million

2010-12-31 09:04 ET - News Release

Mr. Craig Nelsen reports

AVANTI MINING CLOSES PRIVATE PLACEMENTS FOR $15 MILLION

Avanti Mining Inc. has closed its previously announced private placement of 43,650,794 shares of the company at 25.2 cents per share for proceeds of approximately $11-million with SeAH Holdings Corp., the largest specialty steel producer in Korea. The company plans to use the proceeds from the offering to finance detailed design engineering, environmental assessment and permitting for the company's Kitsault molybdenum mine in British Columbia and for general corporate purposes.

About SeAH Holdings

SeAH is a public company listed on the Korean stock exchange. SeAH is the holding company of SeAH Group, established in 2001 by separating the SeAH Steel's investment sector and is based in Seoul, South Korea. SeAH has 18 domestic and 13 overseas subsidiaries/operations, with business areas in special steel producing, pipe manufacturing, information technology and energy. SeAH Besteel Corp., the largest subsidiary of SeAH, is known as the No. 1 special steel maker in Korea and the company mainly produces automotive parts and shipbuilding parts for globally renowned automakers and shipbuilders. SeAH and SeAH Besteel are currently listed on the Korean stock exchange. CPM Group of New York is acting as financial adviser to SeAH in these transactions.

The company has also closed its previously announced private placement of 10,152,284 flow-through common shares at a price per share of 39.4 cents, for proceeds of approximately $4-million. The FT offering was sold through D&D Securities Inc. of Toronto, Ont., on a commercially reasonable-efforts basis. The company paid D&D a cash commission equal to 8 per cent of the gross proceeds from the FT offering.

The funds raised from the FT offering will be used by the company for expenditures on its Kitsault molybdenum property, which constitutes exploration expenditures (as defined in the Income Tax Act (Canada)) and will be renounced for the 2010 taxation year.

All securities issued pursuant to the offering and the FT offering are subject to a four-month hold period that expires on May 1, 2011.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aAVT-17962…

[NewBrokertime]

Interessant:

http://www.caesarsreport.com/freereports/CaesarsReport_Minin…

...hoffe der link funzt!

[ernestokg]

Der Link funktioniert nicht, ist aber auch egal, meine Erfahrungen mit dem CR sind nicht die besten ! Eher ein Grund aus zusteigen, aber warten wir mal ab !

[Giochi]

http://www.caesarsreport.com/freereports/CaesarsReport_Minin…

[Giochi]

Heute mit super Volumen in CAN!!

Feb 16/11 Feb 11/11 Bennett, Ryan Todd Indirect Ownership Options 50 - Grant of options 250,000 $0.275
Feb 16/11 Feb 11/11 Arnold, James Raymond Direct Ownership Options 50 - Grant of options 250,000
Feb 16/11 Oct 06/09 Arnold, James Raymond Direct Ownership Options 50 - Grant of options 200,000
Feb 16/11 Oct 06/09 Arnold, James Raymond Direct Ownership Options 00 - Opening Balance-Initial SEDI Report
Feb 15/11 Feb 11/11 Cross, Robert Melvin Douglas Direct Ownership Options 50 - Grant of options 250,000 $0.275
Feb 14/11 Feb 11/11 Blair, Robert G. Direct Ownership Options 50 - Grant of options 100,000 $0.275
Feb 14/11 Feb 11/11 Barnes, Peter Derek Direct Ownership Options 50 - Grant of options 250,000 $0.275
Feb 13/11 Feb 11/11 Smith, Mark Direct Ownership Options 50 - Grant of options 250,000 $0.275
Feb 13/11 Feb 11/11 Ali, Amjad Jaan Direct Ownership Options 50 - Grant of options 1,875,000
Feb 11/11 Feb 11/11 Nelsen, Craig Joseph Direct Ownership Options 50 - Grant of options 2,500,000 $0.275

http://www.canadianinsider.com/coReport/allTransactions.php?…

Hier hat sich ja auch einiges getan!

[MFC500]

Antwort auf Beitrag Nr.: 41.136.872 von Giochi am 02.03.11 22:22:19

das zeigt doch nur die Gewährung von Optionen

[Giochi]

Antwort auf Beitrag Nr.: 41.137.581 von MFC500 am 03.03.11 07:17:31

Jedenfalls scheint sich etwas Positives anzubahnen, wie der CAN Verlauf aussieht...

[MFC500]

Jahresabschluss 2010

Financial Statements http://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=…

Management’s Discussion and Analysis http://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=…

[MFC500]

27.04.11

Avanti Mining reports that it has extended the previously announced letter of intent (LOI) with a major Asian Steel producer to July 31, 2011 in order to permit the Asian Steel producer to complete due diligence. The LOI with SeAH Holdings Corp of Korea has been extended by 30 days to May 25, 2011 as negotiations continue. There can be no certainty definitive agreements will be entered into with either party.

"These extensions do not change the financing strategy of selling up to 30% of Kitsault to strategic partners or the timing to complete the financing for construction start-up early next year," said A.J. Ali, Chief Financial Officer of the Company.

http://finance.yahoo.com/news/Avanti-Extends-LOI-Dates-With-…

[MFC500]

Avanti Extends Letter of Intent With SeAH Holdings Corp Until June 17, 2011

27.05.11

Avanti Mining Inc. (TSX-V:AVT - News) (Pinksheets:AVNMF - News) ("Avanti" or the "Company") reports that the previously announced letter of intent (LOI) with SeAH Holdings Corp of Korea has been extended to June 17, 2011 as negotiations continue. There can be no certainty definitive agreements will be agreed by the parties during this period.

"This extension does not change our financing strategy of selling a minority interest in Kitsault to a strategic partners or the timing to complete financing for construction start up early next year. There are several aspects to this negotiation including debt financing from other parties in Korea that require additional time to finalize," said A.J. Ali, Chief Financial Officer of the Company.

http://finance.yahoo.com/news/Avanti-Extends-Letter-of-iw-28…

[MFC500]

also eine erneute Verlängerung des LOI um ca. drei Wochen

[MFC500]

Q-Bericht

http://www.sedar.com/CheckCode.do;jsessionid=0000ePLMMscn6t1…

http://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=…

[MFC500]

erneute Verlängerung des LOI

06/15/11

Avanti Mining is pleased to announce that it has amended the existing letter of intent ("LOI") with SeAH Holdings Corp ("SeAH") to add Korea Resources Corporation ("KORES") on the same terms as SeAH. The LOI with SeAH and KORES has been extended to July 31, 2011 to allow KORES time to complete its due diligence review and approval process. The LOI is non-binding. Any transaction is subject to conditions including the negotiation and execution of definitive agreements and board approvals from the respective parties. There can be no assurance any transaction will be completed.

The consortium has introduced the Company to the Korea Development Bank ("KDB") and is assisting with discussions regarding a potential debt financing package for the Kitsault project which would be arranged by KDB jointly with WestLB, Avanti's existing financial advisor for project debt.

About SeAH Holdings Corp.
SeAH is a public company listed on the Korean stock exchange. SeAH is the holding company of SeAH Group, established in 2001 by separating the SeAH Steel's investment sector and is based in Seoul, South Korea. SeAH has 18 domestic and 13 overseas subsidiaries/operations with business areas in special steel producing, pipe manufacturing, IT and energy. SeAH Besteel Corp., the largest subsidiary of SeAH, is known as the #1 special steel maker in Korea and the company mainly produces automotive parts and shipbuilding parts for globally renowned automakers and shipbuilders. SeAH and SeAH Besteel are currently listed in Korean stock exchange. CPM Group of New York is acting as financial advisor to SeAH in these transactions.

Additional information on SeAH is available on their website at www.seah.co.kr.

About Korea Resources Corporation.
KORES is wholly-owned by the Korean government and is charged with a policy mandate to further Korea's access to strategically important mineral resources, both domestically and internationally. The company carries out the Korean government's mineral resources policy objectives by engaging directly, or indirectly through joint ventures or in the form of minority investments, in overseas exploration, development and production of strategically important mineral resources, and managing the nation's stockpile of rare mineral resources.

Additional information on KORES is available on KORES' website at http://eng.kores.or.kr.

[MFC500]

07/08/11

Avanti Mining announced today that in accordance with the terms of the Convertible Bridge Loan Agreement (the "Loan Agreement") dated October 16, 2008, as amended October 2, 2009, between Avanti and Resource Capital Fund IV L.P. ("RCF"), Avanti has made an interest payment in the amount of US$100,000.00 on the bridge loan for the period from April 1, 2011 to June 30, 2011. 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 loan in the amount of US$100,000.00 in common shares, and Avanti will deliver to RCF 393,236 common shares in satisfaction of the accrued interest payable for the period from April 1, 2011 to June 30, 2011. The shares will be subject to a four-month hold period.

http://finance.yahoo.com/news/Avanti-Mining-Issues-Shares-iw…

[MFC500]

Das war´s vorerst

Avanti Partnership Discussions Regarding Kitsault Mine With SeAH Terminated

08/02/11

Avanti Mining announces that discussions with SeAH Holdings Corp ("SeAH") with respect to a partnership for the development of the Kitsault project have terminated as terms could not be reached. SeAH has advised that it will continue to support Avanti as a shareholder. Avanti had previously announced these discussions under press releases of January 27, April 27, May 27 and June 15, 2011.

Avanti has recommenced discussions with two other Asian companies that had previously expressed interest in a partnership and has extended the LOI with a major Asian steel producer to September 30, 2011.

"It is disappointing that we could not resolve the issue of molybdenum price support in exchange for a discount above floor price with SeAH in the off take agreement, while most other joint venture investment matters appeared to have been agreed upon and the total debt required was oversubscribed by written expressions of interest from seven financial institutions. We are confident that this strong interest from lenders demonstrates that this project can be financed," said A.J. Ali, Chief Financial Officer.

http://finance.yahoo.com/news/Avanti-Partnership-iw-29136137…

[Andrija]

Antwort auf Beitrag Nr.: 41.885.815 von MFC500 am 03.08.11 15:47:17

http://www.manager-magazin.de/politik/weltwirtschaft/0,2828,…

Als die Preise einbrachen, endete Kitsault 1982 als Geisterstadt. 2005 wurde der Ort als Refugium für Künstler zu neuem Leben erweckt. Sogar unverheiratete Mütter fanden vor streng religiösen Verwandten Zuflucht. Jetzt brausen auf der Hauptstraße fast pausenlos ungezählte Baufahrzeuge und Minengeräte von Avanti Mining durch, um die Molybdän-Förderung bis 2013 wieder anzuwerfen.

Komisch, der Kurs zeigt steil nach unten, 5 Mio Can$-Cash und dort brausen pausenlos Baufahrzeuge? Ohne Partner wird wohl ein benötigter 800 Mio. Can$-Betrag für die Produktionsaufnahme nicht zu stemmen sein und nach dem sieht es wohl derzeit nicht aus?

[ThumsUp]

NEWS
April 19, 2012 09:10 ET
Mandate Awarded for $640 Million Kitsault Project Financing





VANCOUVER, BC--(Marketwire - Apr 19, 2012) - Avanti Mining Inc. (TSX VENTURE: AVT) (PINKSHEETS: AVNMF) ("Avanti" or the "Company") is pleased to announce that it has entered into a mandate letter with five lenders for up to $640 million of project financing to develop the Kitsault molybdenum mine. The lending group is comprised of:

UniCredit Bank AG ("UniCredit")
KfW IPEX-Bank GmbH ("KfW")
Export Development Canada ("EDC")
Korea Development Bank ("KDB"), and
Caterpillar Financial ("CAT")

The mandate letter has preliminary approval of each of the proposed lenders but requires the completion of lenders due diligence, final credit approval and negotiation and execution of a loan agreement under Ontario law.

The key terms of the mandate letter are $560 million senior debt for a term of 12 years plus $80 million in the form of a standby cost over-run facility (if needed) with a term of 8 years. The interest rate is LIBOR (London Interbank Offer Rate) based, loan repayments are semi-annual and there is a prepayment provision of a portion of excess free cash flow.

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

Der Kurs reagiert positiv...