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Pin to quick picksAmur Minerals Share News (AMC)

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Share Price: 0.09
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Small caps news round-up

Thu, 04th Feb 2016 15:50

(ShareCast News) - Forbidden Technologies was celebrating its first contract win for its social video platform on Thursday, after a number of proof-of-concept trials. The AIM-traded technology firm's 'eva' platform described itself as "the real video social network", and allows users to create profiles to share videos with friends and other users. Forbidden Technologies said WAE - a London-based design agency - would license a channel for three months initially, with the option of extending for a further 12.MX Oil completed the first of many steps on the road to production at its four Land Contract Areas (LCAs) in Mexico on Thursday, in conjunction with its local partner Geo Estratos. The AIM-traded oil and gas investing company said the four LCAs - Tecolutla, La Laja, Ponton and Paso de Oro - were all located in the prolific Tampico-Misantla Basin, which had produced around 6bn barrels of oil to date, and was currently producing at a rate of 70,000 barrels per day.Rotala's buses were chugging along on Thursday, as the company updated the market on the year to 30 November, with language reflecting a relatively flat year. The AIM-traded omnibus company said pre-tax profit, off a slightly reduced level of turnover and before exceptional items, was broadly in line with management expectations.Things are getting more serious at cartoon animation and events business DQ Entertainment, which fell to an all-time low after being threatened by its AIM nominated adviser, which said it could resign over the potential appointment of two directors. Allenby Capital, the company's broker and official 'Nomad' that all companies on AIM require, said if Anil Chintapalli and Suresh Chitturi are appointed it will resign immediately as due diligence on the pair has not been completed.The UK's relatively buoyant property market made for a good start to the year at M Winkworth on Thursday, with the AIM-traded real estate franchisor passing the 100-office mark. Winkworth reported it was opening new offices in the first quarter in Colindale, Potters Bar and Milford-on-Sea.Dillistone Group was warming up the market for some positive revenue growth in the year to 31 December, releasing a trading update on Thursday. The AIM-traded supplier of software for the international recruitment industry said pre-tax profits before acquisition-related items were expected to be in line with market expectations.One of London's gay institutions was handed its death sentence on Thursday, with the Chariots Roman Spa sauna in Shoreditch to make way for a luxury development. US-based hotelier Highgate Holdings had their planning application approved by Hackney Council on Thursday.Shares in South32 spiked higher after the miner decided to cut costs and production at its South Africa manganese operations, with 620 jobs axed and an expected 0.9m tons (Mt) removed from the market. The company, which was spun out of BHP Billiton last May, said that as a result of its write-downs of forecast commodity demand and prices, it now expects to book pre-tax, non-cash charges of approximately $1.7bn in the half-year to December 2015.Avanti Communications, which provides satellite data communications services, said its loss for the half year narrowed. For the six months to the end of December 2015, the loss narrowed to $45.5m (£31m) from $48m, on largely flat revenue of $31m compared with $31.1m in the same period a year earlier.Alba Mineral Resources was looking at a busy 2016 work programme on Thursday, with the company reporting encouraging results from its remote sensing study at the Amitsoq Graphite Project in southern Greenland. The AIM-traded resources firm said the remote sensing study was highly encouraging, highlighting several anomalies for a variety of commodities.Amur Minerals' programme to rapidly advance its Kun-Manie nickel copper sulphide project in Russia was moving quickly on Thursday, with the company updating the market on its 2016 Field Programme. The AIM-traded firm said capital purchases and delivery of its newly acquired fleet components to the Verkhnezeisk base station was its first step in aggressively moving towards the completion of its Definitive Feasibility Study.Noricum Gold tentatively struck the jackpot in Georgia on Thursday, revealing some very promising results from recent drill testing at the Kvemo Bolnisi Project. The AIM-traded European-focused base and precious metals resource development company said the results highlighted the potential for early stage, low-cost gold production at Bolnisi.Jeremy Nicholds has joined the board of mobile financial services provider Vipera as a non-executive director. Nicholds, a marketing and commercial director in the global payments field, has worked for companies such as Visa, MasterCard, NatWest Bank and Reuters in the past.AIM-listed Xtract Resources said the processing plant at its Chepica gold and copper mine in Chile has been granted permission to restart. The diversified metals and minerals producer said the Inspector of Mines visited the mine earlier this week and found management had implemented all the required recommendations.Imperial Innovations, the UK technology commercialisation and investment company, said on Thursday it has proposed a £100m fundraising by way of placing 425p new ordinary shares. The placing of 425p represents a premium of about 8.0% to the mid-market closing price of the group's ordinary shares on 3 February, according to a company statement.Galasys said on Thursday that reported profit and earnings for the full year are likely to take a hit from certain one-off costs relating to the ongoing litigation over changes to its board, but the underlying performance should be in line with market expectations. In a trading update for the year ended 31 December, Galasys said that if legal costs are ruled by the courts to be for the account of the company, profits for the year could be below market expectations. In a worst case scenario, they could fall materially short, the company saidQueuing and ticketing technology company Accesso Technology expects its performance for the year ended 31 December to be "comfortably" in line with expectations. The group attributed its strong performance to last summer's agreement with Merlin Entertainments, despite significant investment in the business.Synectics' Integration and Managed Services division has won a major contract with a new UK power station. The AIM-listed surveillance technology and security system company said it designed and installed a complex integrated security and safety system for the station.
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29 Jan 2014 09:38

Amur Minerals Says Set To Benefit From Russia Tax Cuts

LONDON (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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11 Oct 2013 08:48

Amur Minerals Completes 2013 Drill Programme As It Moves Toward Russia License

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11 Oct 2013 07:09

Amur minerals completes Kubuk drilling

Amur Minerals has completed its exploration field season at its Kun-Manie project in Russia. The company has drilled to a 900 metre long deposit at Kubuk, where 26 of 31 holes contain potentially economic grades of nickel and copper. On Tuesday the miner completed 32 diamond core holes and a total

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30 Sep 2013 08:51

Amur Minerals Pretax Loss Narrows On Fair-Value Asset Gains

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12 Sep 2013 10:30

Amur Minerals Mining License Application Passes 2 Russian Hurdles

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28 Jun 2013 11:00

Amur Minerals has cash and expects exciting times ahead

Russian nickel and copper developer Amur Minerals revealed it still has more than $2m cash after drilling 7,200 metres in the last year. Amur, which is expecting its mining licence this year, increased the known areas of mineralisation at its Maly Kurumkon and Ikenskoe ore bodies of its Kun-Manie

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12 Jun 2013 09:43

Amur Minerals commences first stage of drilling at Kun-Manie

AIM-listed mineral exploration and resource development company Amur Minerals, has initiated its 6,000 metre 2013 drill campaign at its Kun-Manie exploration licence. The company reported that the first stage of drilling had been initiated at the company's Kubuk target within the Kun-Manie explora

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24 May 2013 08:28

Amur Minerals advances on Kun-Manie mining licence progress

Amur Minerals, the exploration and development company focused on Far East Russia, has received formal notification that the Federal Agency on Subsoil Use (Rosnedra) has completed calculation of the one-time payment to convert a portion of its exploration licence to a mining licence on its Kun-Manie

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23 Apr 2013 16:26

Wessex Exploration directors keep the faith

Three directors at Wessex Exploration have demonstrated their support for the oil and gas group after it said no hydrocarbons were found at the GM-ES-3 well in French Guiana. Drilling activities have been terminated and the well is being plugged and abandoned, the firm said. The biggest purchase

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19 Apr 2013 12:47

Amur Minerals prepares drilling of Kun-Manie nickel-copper mine

Amur Minerals Corporation's shares rose Friday after the miner announced it the completion of restocking at its Kun-Manie nickel-copper sulphide project in Russia. The delivery of more than 200 tonnes of fuel, supplies, spare parts and materials will allow the company to begin 6,000 metres of dril

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25 Mar 2013 07:12

Monday broker round-up UPDATE

Amur Minerals Corporation: HB Markets initiates with a speculative buy. ARM Holdings: Bank of America Merrill Lynch reiterates buy and 1,145p price target. AstraZeneca: Deutsche Bank raises target price from 2800p to 3100p and keeps a hold recommendation. Exane BNP ups target price from 3100p to 3

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22 Mar 2013 10:55

Amur Minerals jumps on hopes of project approval in Russia

Amur Minerals Corporation's shares rocketed Friday after the nickel-copper sulphide miner announced progress on its Kun-Manie project in Blagoveshchensk, Russia. The company said the application for its mining licence is under review by the Ministry of Natural Resources. Approvals from the Mini

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20 Mar 2013 10:55

Amur Minerals advances on approval of Russian development

Amur Minerals Corporation's shares surged Wednesday after the nickel-copper sulphide exploration company said the Russian government accepted a regional development plan in the country's Far East. The plan, which comprises the Kun Manie nickel project, includes an 11trn rouble investment in the reg

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6 Mar 2013 14:39

Amur Minerals completes construction of ice road

Amur Minerals Corporation, a nickel-copper sulphide mineral exploration and resource development company, has completed the construction of its winter ice road from the Baikal - Amur rail siding to its Kun-Manie project. The road is constructed every year and is used by the comnpany to restock the

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25 Feb 2013 10:10

Amur Minerals makes submission to Ministry of Natural Resources

AIM-listed mineral resource and development company Amur Minerals has submitted project information and an associated preliminary development plan for its Kun-Manie nickel-copper project to the Ministry of Natural Resources of Amur Region in Blagoveshchensk. Amur Minerals reported that the prelimin

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