Planet Resource Recovery, Inc. (Pinksheets: PRRY) is making impressive progress advancing toward production of Antimony from its Raptor Ventures, its Bolivian subsidiary in a joint venture with Franklin Mining and Midwest General. Earlier in August, Planet Resource Recovery, Inc.’s Raptor Ventures, LLC.s’ corporate charter was ratified. The charter includes an import-export license granting Raptor the commercial license and the right to commence mining operations in bolivia as early as August of 2010. Planet Resource Recovery, Inc. has also entered into a contract to sell “Antimony Tailings and Discarded Ore” to Primasur Import & Export. The ore available for sale consists of 35,000 tonnes with Antimony grading 5% to 10%. Planet Resource Recovery, Inc. reports recent pricing of Antimony at US$8,800 per tonne and anticipates revenues from mining operations of over US$1,000,000. The charter opens the door to additional mining at its San Antonio de Turiri Mine with the potential to import and export other raw materials including Oil and Gas. Revenues from mining operations in Bolivia were not included in the financial model in the Introductory Report.
