Molybdenum

Avanti Mining Inc. (TSXV:AVT) announced an update on its Kitsault molybdenum project, commenting that it has achieved some significant milestones since starting construction at the site in June.

Avanti Mining Inc. (TSXV:AVT) announced an update on its Kitsault molybdenum project, commenting that it has achieved some significant milestones since starting construction at the site in June.

The company also announced “key corporate changes.”

Here’s the company’s construction update:

  • Construction on the access road to Kitsault’s proposed plant site is now complete, and the area surrounding the proposed plant site is now accessible for the transportation of equipment;
  • Front-end engineering and design work is approximately 34% complete; AMEC Americas Inc. (‘AMEC’) has been engaged as the engineering and procurement manager for the Project;
  • There are presently 60 engineers dedicated to the Project with plans to increase to approximately 70 engineers in November;
  • Camp expansion is currently underway and once complete will support a 150 bed construction camp;
  • Construction of the Nass River Bridge commenced in late October; and
  • Avanti’s owner’s team has been expanded to oversee management of the Project and related construction activities, including coordination of safety and quality efforts.

Click here to read the full Avanti Mining Inc. (TSXV:AVT) press release.

MARKETS

Markets
TSX18861.36-217.28
TSXV617.26-9.08
DOW30775.43-253.88
S&P 5003785.38-33.45
NASD11028.74-149.16
ASX6700.20-63.40

COMMODITIES

Commodities
Gold1807.40-11.42
Silver20.28-0.46
Copper3.68-0.10
Palladium1938.50-23.50
Platinum898.00-21.00
Oil106.01-3.77
Heating Oil3.86-0.10
Natural Gas5.51-0.99

DOWNLOAD FREE REPORTS

×