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Company
Amur Minerals Corporation
LON:AMC
Amur Minerals Corporation is a cash shell in accordance with Rule 15 of the AIM Rules as a result of the sale of its only asset, the Kun-Manie sulphide nickel, copper project. As a cash shell and to continue as a listed entity, Amur is now required to fully complete an acquisition which constitutes a reverse takeover (RTO) under AIM Rule 14. The company continues to review a number of reverse takeover opportunities in multiple countries and for multiple commodities. Two non-mineral resource companies have also approached the company from the AI/entertainment and financial services space. As of 30 June 2023, Amur had cash reserves of US$6.3 million, up from US$5.3 million at the end of 2022, and an additional US$1 million of restricted cash.
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Amur Minerals focused on Kun-Manie resource upgrades
The 2017 field programme includes 10,000 metres of planned resource drilling at Kubuk and 5,000 metres of planned resource drilling at IKEN.
Amur Minerals says independent costs review makes progress
The operating costs estimate is based on Russian costs and productivity factors
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Amur Minerals kicks off new drill programme at Kun-Manie
'We look forward to reporting our results and achievements as they develop over the course of this drill season."
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First phase of road work set to begin at mine developer Amur Minerals Corporation’s Kun-Manie project
Amur has received the data it needs to start work on the preliminary designs for the access route
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Amur completes largest ever resupply at Kun-Manie, ready for new field season
A mammoth resupply has left Amur Minerals well set-up for this season's exploration effort
Investors jump ship as Quadrise's fuel trial is halted
Some the main risers and fallers in London at 2.45pm: Quadrise, Concha, Oilex
Amur Minerals builds ice road early to ready for 2017 drilling
Robin Young, chief executive, said it had built the ice road earlier than normal this year due to the large amount of supplies to be delivered to Kun –Manie.