focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Extractive industries
The Amur Region plans to develop the Elginskoye gold deposit, the Kun-Manyer copper-nickel deposit, the Ogodzhinskoye coal deposit, the magnetite titanium magnetite deposits Bolshoy Seim and Kuranakhskoye, the construction of the Erkovetsky open-pit mine.
What is needed for development: Simplify the procedure for the use of natural resources of technogenic (waste) deposits, increase federal funding for the initial stages of exploration, exempt from all types of tax and other payments of enterprises investing in development of deposits located in hard-to-reach territories for 3 years.
What the region will receive: The volume of investments will amount to 60 billion rubles, 5.5 thousand new jobs will be created. GRP increase - more than 9 billion rubles
https://www.ampravda.ru/2019/03/15/087417.html
The basis of economic development centers will be large investment projects:
- the construction of the Power of Siberia gas pipeline, a gas processing plant, a gas chemical complex with the creation in Svobodny of a modern social sphere and additional residential complexes, a methanol plant, and a refinery;
- development of gold mining in the Selemdzhinsky district, development of the Bamsky gold ore deposit, the development of coal mining, the Yerkovetsky mine, the development of the Kun-Manyer copper-nickel ore deposit, the Darmakanskoe quartz sand deposit, the construction of an autoclaved hydrometallurgical complex at the Pokrovskoye deposit;
I had a chemistry set when I was a kid, that could do all that !
FitLike,
Thanks for that. It makes comfortable reading. Very impressive figures from China.
Thanks FRAK
Daily Nickel/Stainless Steel Briefing (7:00 AM CST is 12 PM in London)
Three month nickel closed Monday's trading session at $5.16/lb . Indicators at 6:20 am CST today show 3 month nickel trading around $.04/lb higher. Stockpiles of nickel stored in LME licensed warehouses fell on Monday and now total just under the 198,000 tonne level. Nickel fell yesterday after China released export and import numbers, which took the market by surprise. Today, markets are again trading higher, on news that President Trump is promising China wants a trade deal, and China is promising more tax cuts to stimulate their economy. Even if President Trump is just trying to keep the market rally going with his comments, and China's tax cuts turn out to be more of a feel good stoke to the rally, the news that China's imports and exports are slowing could signal China will be more willing to come to an agreement. Washington could be realizing last months PMI number is evidence the trade war is affecting US industry as well. Could they be more willing to find an agreement as well? As long as they are both talking, there is hope and there are plans for more face to face later this month. It's the half way point of the first month of 2019 already. And so far this year, nickel had traded mildly bullish.
Average price of cash nickel so far this month - $5.01/lb
Average price of LME traded nickel in in 2018 - $5.95/lb / 2017 - $4.73/lb / 2016 - $4.36/lb / 2015 - $5.37/lb /
Interesting CT
Niron
‘Nature of business- Mining of iron ores’
Ni iron ?
Noloss
Yesterday, my 'buy' came up as a 'sell' ! Hard to know what's what when they can do this.
Thanks, Noloss
Seems like the AGM is a formality, but I would have liked to have had a chat after the meeting!
As you say, another time, maybe ?
Just received my Letter of Acceptance from Barclays which would allow me into the AGM !
I don't think I'll bother now. Was it worth it anyway for 15 mins ?
Put down to experience and the knowledge that Barclays are hopeless.
I made a note of the lecture I was given for not giving them two weeks notice, bloody jobsworths !
Thanks , ftsedow and Noloss
I will call the broker tomorrow.
Much appreciated.
Noloss,
I have long since wanted to attend one of these AGMs and I am I London on the day. What do I need to do to get in ? I realise I can't just turn up !
Cheers, in advance.
Just this:
"We are striving to provide an as accurate picture as possible of Kun-Manie’s potential. This is a complex and large scale project".
There was a Russian speaker, Tadaskar or similar, who stopped posting after being bullied and abused on here ! Shame.
They are talking, in the main, about gold here, but this applies across the board
http://www.kitco.com/news/video/show/Precious-Metals-Summit-2018/2105/2018-09-25/Major-Miners-Are-Hungry-For-Junior-Acquisitions#_48_INSTANCE_puYLh9Vd66QY_=http%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DPrecious-Metals-Summit-2018
A reminder from tad, on advfn.
http://docs.cntd.ru/document/450386755
This from sometime in 2017. Could it be about to be finalised ?
'In the future, using the resources of the Development Fund of the Far East, the project for the development of the Kun-Magnier field is planned, the application for consideration of which has already been sent to the Development Fund'
Excellent, timken.
We know who you mean ! I am trying to decide if should stop looking on here or use the filter.
Thanks.
After a decade invested here I hope we don't need luck. Don't think we do.
I will enjoy the malt, no problem there !
Two late trades within seconds of each other, totalling 500,000. Machinations !