Amur Minerals Corporation (AMC) is a rapidly-growing mineral resource exploration and development company focused on base metal projects located in the far east of Russia. The Company has three properties in the region with its principal asset being the Kun-Manie sulphide nickel, copper project located in Amur Oblast. With a JORC compliant resource of over a quarter of a million tons of contained nickel, Kun-Manie is one of the five largest new nickel sulphide discoveries since Voisey’s Bay.
Amur Minerals CEO says the company is “cashed up to move the project forward”
Thursday, September 29, 2011
Robin Young, CEO of Amur Minerals (LON:AMC), tells Proactive Investors that with £5mln cash on the balance sheet the company is in a good position to move on. Robin says that as soon as the mining licence is approved the whole project is de-risked and there will be a “significant increase in value” of the company.
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