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Avanti pops 20% after securing $640 million loan for moly mine

Andrew Topf | April 20, 2012 | 4:43 am Base Metals Canada Europe Molybdenum 

Avanti Mining shares rose 20% Thursday after the Vancouver company secured $640 million in financing for its Kitsault molybdenum mine. The collection of lenders is comprised of UniCredit Bank AG, KfW IPEX-Bank GmbH, Export Development Canada, Korea Development Bank and...

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