Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

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.

 
Meet Allergy Therapeutics plc, Cello Group plc, Sphere Medical Holding PLC and ValiRx Plc at our event, London, 06 October 2016. Register here »
View full AMC profile

Amur Minerals Corporation Timeline

© Proactive Investors 2016

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.