11 Aug 2014 11:23
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Mon, 04th Feb 2013 09:30
Amur Minerals Corporation on Monday said it expanded the strike of the Kubuk nickel and copper anomaly at the Kun Mani licence in Russia by 50 per cent. The exploration and resource development company made the announcement in its results of last year's soil and rock chip sampling programme at the licence. The company increased the Kubuk anomaly to three kilometres from two kilometres while carrying out sampling work and drilling at the licence area.The area is a prime drill target as trenches have previously been excavated along a one-kilometre length of the geochemical anomaly. Trenching exposed mineralised thicknesses of 48.3 metres with an average grade of 0.63% nickel and 0.16% copper.Amur Minerals plans to drill in the target area during the upcoming 2013 field season.Chief executive Robin Young said: "The expansion of the Kubuk nickel and copper anomaly by 50% is an excellent result and the trenches, geophysics and detailed mapping all further support a drilling programme on this area."Successful drilling of thicknesses at nearly 50 metres can yield substantial tonnages for consideration in production, and having further targets from which to source additional resources emphasise the highly prospective nature present within the licence area."Shares soared 9.15% to 7.75p at 9:56 Monday. RD
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11 Aug 2014 11:18
30 Jun 2014 16:48
Amur Minerals says no drilling at Russian nickel pit without licence
Amur Minerals reported progress on a nickel copper sulphide project in the Russian Far East, but said there would be no drilling this season unless it secures a mining licence. The group said drilling had found a fifth deposit that would substantially increase resources at its Kun-Marie scheme. It
Read more30 Jun 2014 12:15
30 Jun 2014 12:05
19 Jun 2014 10:54
Amur Minerals Clears Next Step In Russia Mining Licence Application
LONDON (Alliance News) - Amur Minerals Corp said Thursday that it has cleared the next step of advancing its mining application for its Kun Manie project in far east Russia through the Russian licence system. The company has received a protocol confirming that the exploration phase of the p
Read more3 Jun 2014 16:14
Amur hails Russia's removal of metal export tax
Russia has announced the removal of export taxes on nickel and copper, which AIM-listed Amur Minerals says could save it around $230m. Amur, which is focused on exploration and development of base metal projects in the far east of Russia, noted that the Russian Federation eliminated the 5% export t
Read more3 Jun 2014 10:30
UK WINNERS & LOSERS: Wolseley Stands Out From Negative FTSE 100
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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Wolseley, up 2.7%. The plumbing and heating products distributor is one of ju
3 Jun 2014 09:38
Amur Minerals Could Net USD230 Million On Russian Export Tax Removal
LONDON (Alliance News) - Amur Minerals Corp said Tuesday the recent decision by the Russian Federation to remove export taxes on intermediate-product nickel and copper could net it as much as USD230 million over its current life-of-mine cycle. The nickel copper exploration company focused i
Read more24 Mar 2014 13:15
UK MIDDAY BRIEFING: Centamin Soars As Production Beats Expectations
LONDON (Alliance News) - Metals and minerals producer Centamin is leading the FTSE 250 index Monday despite reporting a hit to pretax profit in 2013, due to a large exceptional cost, but a significant increase in revenue and production.
Centamin said pretax profit f
24 Mar 2014 12:15
UK WINNERS & LOSERS: Barratt Falls On Return To FTSE 100, Downgrade
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.
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FTSE 100 - LOSERS
Barratt Developments, down 2.1%. Following the quarterly FTSE review on Ma
24 Mar 2014 10:48
Amur Minerals Completes Winter Ice Road Construction
LONDON (Alliance News) - Amur Minerals Corp Monday said it has completed construction of its 2014 winter ice road from the Baikal-Amur rail siding to its Kun-Manie project. The Russia-focused nickel-copper sulphide mineral exploration-and-development company said a total of five convoys wil
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