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Amur Minerals PLC's Young says Russian government talks will not slow project

Robin Young, chief executive at Amur Minerals (LON:AMC) discusses the outline agreement with the Russian government's Far East and Baikal Region Development Fund for its Kun Manie project.

He says the agreement lays the foundation for the company to start negotiations with the fund to establish the needs, expenditures and requirements for the development and extension of a power line where the company intends to build a smelter and a 320-km long road from the mine to the railhead.

He adds the discussions with the Russian government fund will not impact the project's timeline.

 
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Newswire
June 20 2016

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