Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Tehran- Iran’s president warned on Wednesday that fighting between Azeri and ethnic Armenian forces in the South Caucasus could trigger a regional war as the death toll rose on the 11th day of hostilities.
More than 300 have now died in the renewed fighting in and around the mountain enclave of Nagorno-Karabakh, which under international law belongs to Azerbaijan but is populated and governed by ethnic Armenians.
Azerbaijan says Azeri cities outside the conflict zone have also been attacked in the deadliest fighting in more than 25 years, taking the fighting closer to territory from which pipelines carry Azeri gas and oil to Europe.
Iran, which borders both Armenia and Azerbaijan, has been talking to both the former Soviet republics as concern mounts that Turkey, a close ally of Azerbaijan, and Russia, which has a defence pact with Armenia, could be sucked into the conflict.
“We must be attentive that the war between Armenia and Azerbaijan does not become a regional war,” Iranian President Hassan Rouhani said in televised remarks.
“Peace is the basis of our work and we hope to restore stability to the region in a peaceful way.”
He said Iran would not allow “states to send terrorists to our borders under various pretexts”.
In a new call for a ceasefire, Russian President Vladimir Putin said in a television interview that the events were a tragedy and Moscow was deeply concerned.
Sergei Naryshkin, the head of Russia’s SVR Foreign Intelligence Service, said on Tuesday the conflict was attracting people he described as mercenaries and terrorists from the Middle East.
Naryshkin said Nagorno-Karabakh could become a launchpad for Islamist militants to enter Russia and other states in the region.
Turkey has denied involvement in the conflict and has dismissed accusations first levelled by French President Emmanuel Macron, and echoed by Syrian President Bashar al-Assad, that Turkey has sent Syrian militants to fight in the conflict.
‘Terrorist attack’
But reiterating the allegations in comments to Sky News, Armenian Prime Minister Nikol Pashinyan said on Wednesday that the actions of Turkey and Azerbaijan during the conflict amounted to a “terroristic attack”.
“To me there is no doubt that this is a policy of continuing the Armenian genocide and a policy of reinstating the Turkish empire,” Pashinyan said.
Some 1.5 million Armenians were killed under Ottoman rule between 1915 and 1923.
Turkey accepts that many Armenians living in the empire were killed in clashes with Ottoman forces during World War One, but contests the figures and denies that the killings were systematically orchestrated and constitute a genocide.
https://kashmirobserver.net/2020/10/07/iran-fears-regional-war-as-fighting-rages-around-nagorno-karabakh/amp/
Lol how much???
Watching russian news now, some politics are seriously considering hitting terrorist from Syria in Azerbaijan... russia got a problem that the terrorists are now flowing to Azerbaijan and building camps about 100km from the border with Dagestan...
05-Oct-20 14:16:17 1.9325 4,000,000 Buy* 1.90 1.92 77.30k O
05-Oct-20 14:16:06 1.9325 3,350,000 Buy* 1.90 1.92 64.74k O
05-Oct-20 16:10:01 1.9401 1,030,258 Buy* 1.90 1.92 19.99k O
Longlad, you never know what Erdogan is planning, he is not worth any trust...just my opinion
Basscadet, you may well be right, I tend to think Erdogan is very much involved here and let’s not forget the Turkish genocide of Armenian people...
Tornadotony, I hope you are right, I really do. This war must stop asap, those 2 countries will now be enemies forever, but hopefully the war can be stoped asap
Yes, and they must stop now because if Erdogan will get involved then russia may get involved too...russia said they will send peacekeepers if both sides agree, this would stop the war, armenia said they don’t mind to start peace talks but Azerbaijan president said he will only talk if armenia will withdraw troops and apologise, but we know this will never happen, armenia will never apologise, question is - who is provoking whom in this war...????
Unfortunatly the war is escalating further into Azerbaijan teritory
05 October 2020, 10:59
Azerbaijan claims shelling of three cities
The cities of Beylagan, Barda and Tartar came under fire in the zone of the Karabakh conflict, the Azerbaijani Defense Ministry said today.
Two cities came under rocket attacks from Armenia on Sunday evening, a representative of the Azerbaijani presidential administration said on October 4. In addition, areas near Baku were hit. As a result of the shelling, civilians were wounded.
The Azerbaijani Defense Ministry reported on shelling of three cities. "At present, the cities of Beylagan, Barda and Tartar are under fire from the Armenian Armed Forces," the statement says. "On the morning of October 5, the technical means of radar systems of the Azerbaijan Air Defense Forces recorded the launch of missiles fired at Azerbaijan from launching positions in the Jermuk, Gafan and Berd regions of Armenia," the Azerbaijani Defense Ministry said today
MOSCOW, October 5 - RIA Novosti. Russian President Vladimir Putin does not yet have clear plans to hold talks with Azerbaijani President Ilham Aliyev and Turkish leader Tayyip Erdogan on the conflict in Nagorno-Karabakh, but the war is going on in the region and events are developing rapidly, so it is difficult to guess, said the press secretary of the Russian president Dmitry Peskov ...
"If it is deemed necessary, there is no doubt, - President Putin, of course, will discuss this topic with his counterparts," Peskov told reporters in response to a question whether negotiations with Aliyev or Erdogan are planned at the highest level in the near future.
When asked to clarify whether such negotiations can be expected this week, Peskov noted: “there are no such clear plans yet
Reading some comments I’ve almost convinced myself to sell my holding...strange is that some ppl are building their holding in a company that needs to go to the bottom drawer for years...and a bit contradicting strategy is being used...would like to add a little bit, licence is until 2035, if we can forget amc for next 3 years that would mean amc will start building the road in about 2023-2024 and start production 2024-2025 at least, but this is contradicting to amc plans and to mine life...15 years mine life would mean in 2035 amc would still have 5 years worth of resources to mine but licence would expire, nobody can be guaranteed that licence will be renewed so in theory amc would have to risk billions of dollars to be left and given back to russian government, and who on this earth would take so much risk??? So nobody knows what political situation will be in russia in 2035, nobody knows will the licence be renewed/extended...it would be biggest, stupid mistake for amc to draw such long,extended plans. Their tactic is to get the mine up and running asap and to ramp up production in full scale and as fast as they can...TEO, bidding offtake, road construction/bfs.
Thanks TDT!
But can you see $20-$30 billion resources and $100m yearly income amc has now got?
Hi TDT, as always, would appreciate your thoughts please.
Thank you
Hi GB33, already filtered some of them buddy :)
I still expect Robin or Adam to at least make a comment regarding this. This is so important announcement that it can’t just be left without response by amc bod...As you know this plan should have been signed September 2019 but Putin instructed Russian Government to work out more details, I was hoping that they will not exclude amc from the plan and thankfully they haven’t..., this is Russian Strategic plan and to be included in this plan for a company such as AMC is a huge, huge achievement and shows full russian government support. Some ppl understand the importance very well hence comments like “we’ve heard it all before”, “it means nothing” etc, etc...they’ve got their trading strategy, which is not a problem, but the problem is their stupid attempts to make this look insignificant to support their trading...low life, but filter works fine:)
Dump deramp...good luck
Lol ask company...I’ve done my bit, if you not happy then its your problem:))
Why boom - seriously??? This is Far East Development plan everyone ( every investor...) been waiting for about 2 years...that’s why boom! This plan gives regional government a green light to start developments. Of curse there are no details under signature because you would have thousands of pages to read and including some confidential information...the details are with local government and the companies, hence amc simply MUST issue rns to confirm some details etc. They can’t just ignore such important and price sensitive ingormation!
You welcome. Yes rns never followed. But this is now official, this is from Government official website and signed by Prime Minister. What we had before was draft regional government plans, Kun Magnier included too, but now we have official Russian Prime Minister signature.
Robin Young will lose completely any support and his credibility if he will leave this ignored and attempt to hide such important info.
It is preparation for development, what amc needs to start development ( apart from cash of curse) - a road, amc needs a road, russians can build a road and as mentioned previously, they will use the road to access other unexplored/undeveloped areas. For me, as investor, this is significant news, but I understand pessimism etc too:)
And APPROVED last night:
Mikhail Mishustin approved the National Program for the Development of the Far East
28 September 2020
The document was developed on behalf of the President of Russia.
Order of September 24, 2020 No. 2464-r
The Far East has its own development program. By his order, it was approved by Prime Minister Mikhail Mishustin. The main objectives of the program are to accelerate the development of the regional economy, improve the demographic situation, stop the migration outflow, and improve the quality of life of people in the Far East.
The national program was prepared on behalf of the President of Russia Vladimir Putin. In the June decree "On measures for the socio-economic development of the Far East," the head of state outlined the main strategic goals of state policy in the Far Eastern regions. In the next four years, all key indicators of the quality of life of people and indicators of economic development in these territories should grow faster than the average for Russia.
http://government.ru/news/40487/
As promised on advfn, unfortunately had to cancel my advfn subscription due to very “respected” below poster...well never mind...
FINALY - PREPARATION FOR KUN MAGNIER DEVELOPMENT CONFIRMED BY RUSSIAN GOVERNMENT!!!
Below short recent version for Amur Region, more info if needed via a link
Order of the Government of the Russian Federation of September 24, 2020 N 2464-r
7. Amur region
As of January 1, 2020, the territory of the Amur Region is 361.9 thousand square meters. kilometers (2.1 percent of the area of ??the Russian Federation), population - 790 thousand people (0.54 percent of the population of the Russian Federation).
construction of a transport and logistics complex in the area of ??the cross-border road bridge across the river. Cupid between years. Blagoveshchensk (Russian Federation) and Heihe (China) (2023);
implementation of an investment project to create a tourist and recreational cluster "Vostochny" (sub-cluster "Transboundary") (2024);
implementation of the investment project "Golden Mile" (2025);
preparation for the development of the Kun-Manye copper-nickel deposit, the Bolshoi Seyim and Kuranakhskoye titanium-magnetite deposits
http://www.consultant.ru/document/cons_doc_LAW_363186/1de9a3dd0788f4734ff72d566da1b16750557d61/