Investments and investor services
FTSE up with copper, FTSE 250 marks record 19,000 as Scots want referendum
Around 3.30pm, the FTSE 100 index was up almost 28 points at 7,371, just below the day’s best level of 7,376, having only hit a low of 7,342
Company
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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Investments and investor services
Around 3.30pm, the FTSE 100 index was up almost 28 points at 7,371, just below the day’s best level of 7,376, having only hit a low of 7,342
Main share price rises and falls at 3.15pm: FastForward, Rose Petroleum, Aggreko
A total of 15,000 metres of in-fill and step out holes are planned, though Amur has enough supplies in place to drill 20,000m.
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FTSE 100 shares end lower on Tuesday ahead of the Spring Budget speech on Wednesday and as Paddy Power Betfair shares slump
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A look at the week just gone in the junior mining sector
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Amur classifies over a million tonnes of nickel at Kun-Manie; European Metals reports huge lithium intercept in latest Cinovec drill hole; Metal Tiger chief joins Greatland Gold board; and much more…
Some of the big risers and fallers at 2pm: Elementis, Boxhill Technologies, Billington, Electrocomponents
"It is rare to see a junior resource company have such a large asset with so much of it drilled to such a high level of confidence”
FTSE 100 shares closed higher on Friday, led by miners buoyed by strong trade data from China while several UK companies were snapping up US stocks in a role reversal from that seen in the days after the June Brexit poll when UK companies w
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Greatland has unearthed two large gold zones in Western Australia, while Metal Tiger has set out its plans to spin out its Thai assets
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A glance at some of the stories on the Proactive newswire today.
Nickel revenues may be 10% higher than anticipated and copper income 6% better
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A glance at some of the stories on the Proactive newswire today
To say 2017 has already been volatile for InfraStrata investors would be an understatement
Amur Minerals has bolstered the board by hiring a Russian expert
Footsie was expected to hit another high today, but it has not happened yet