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 moreLONDON (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 moreRussia 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 moreLONDON (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
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 moreLONDON (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
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
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
Read moreLONDON (Alliance News) - Amur Minerals Corp Monday said it has entered into a memorandum of understanding with Aeroscraft Corp to explore the possibility of using Aeros's heavy-lift vehicles for transport operations in the far east of Russia. The Russia-focused nickel-copper sulphide minera
Read moreLONDON (Alliance News) - Amur Minerals Corp Wednesday said its Kun-Manie nickel-copper project in the far east of Russia is set to benefit after the Russian government cut the country's Mineral Resources Extraction Tax and its Profits Tax. The Mineral Resources Extraction Tax was a flat 8%
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