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Amur Minerals receives approval for Russian exploration licence application

Tue, 11th Nov 2014 14:42

Shares at the Russian-based nickel-copper exploration Amur Minerals jumped on Tuesday after the company revealed the Ministry of Economic Development has approved its mining licence application at Kun-Manie.The company said all required independent and external reviews required by state licencing agency Rosnedra are now complete.Amur Minerals intends to convert a portion of the exploration licence into a production licence.Chief executive Robin Young said: "These terms are the result of fair and open negotiations between Amur and the Russian Government."We continue to see the Russian authorities participating on a highly proactive basis to ensure the Kun-Manie project and development of the vast Far Eastern region in general continues."Shore Capital analysts noted that "while encouraging progress", the approval "is still some way off as yet" and the company still needs to wait for the Prime Minister's Dmitry Medvedev final consideration and approval.Shares were up 35.79% to 5.9p at 15:20 on Tuesday.

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8 Mar 2018 12:43

Amur Minerals Begins Review Of Kun-Manie Project Access Road

LONDON (Alliance News) - Amur Minerals Corp said Thursday it has started the access road development programme for the ice road to its Kun-Manie project, a week after the on a

10 Feb 2017 10:31

WINNERS & LOSERS SUMMARY: SummitReheis Purchase Sends Elementis Higher

10 Feb 2017 10:25

Amur Minerals resource estimate surges at Kun-Manie

(ShareCast News) - Russia-focussed nickel-copper sulphide mineral exploration and resource development company Amur Minerals Corporation announce on Friday that Runge, Pincock, Minarco had completed a comprehensive resource update. The AIM-traded firm said the results showed an increase on the miner

12 Dec 2016 12:11

Amur Minerals investigating infrastructure options at Kun-Manie

(ShareCast News) - Eastern Russia-focused base metals exploration and development company Amur Minerals reported that its executive management and key local staff had completed a series of meetings with various state and federal agencies of Russia's Far East Region on Monday. The AIM-traded firm sai

31 Oct 2016 12:14

Amur Minerals partners with Chinese miner to assess Russia project

(ShareCast News) - Shares in AIM-listed miner Amur Minerals soared as it announced that it had signed a memorandum of understanding with Jinchuan Nickel & Cobalt Research and Design Institute of Jinchang, China to assess the potential of its nickel and copper project. The memorandum of understanding

30 Sep 2016 11:27

Amur Minerals shares up as board updates on development

(ShareCast News) - Amur Minerals posted its interim results for the six months to 30 June on Friday - another period of nil revenue as its continued its development activities. The AIM-traded firm did double its loss from operations, however, to $2.34m year-on-year from $1.07m in the first half of 2

2 Sep 2016 15:05