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Proactive news snapshot: Solo Oil, Alba Mineral Resources, Premier African Minerals, Cadence Minerals …
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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 completes 25% of drilling programme at Kun-Manie
The AIM-listed mine said since the start of the drill programme on May 6, it completed 5,078.2 metres of drilling, with 1,085 mineralised samples prepared and analysed
Investments and investor services
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Proactive news snapshot: Savannah Resources, VR Education Holdings, Jubilee Metals Group …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Midatech Pharma doubles as biotech stocks excited by sector takeover moves
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Amur Minerals estimates Kun-Manie nickel costs will be below industry average
Based on in-house data, the Life Of Mine C1 cost per pound of nickel is projected to range from US$2.61 to US$2.77
Investments and investor services
FTSE 100 rises for fifth session a row, buoyed by miners
The FTSE 100 continued higher on Wednesday, extending the week's winning streak.
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Proactive news snapshot: Amur Minerals, Itaconix, Papua Mining …
A glance at some of the day's highlights from the Proactive Investors newswire
Amur Minerals reports 78% increase in projected underlying earnings for Kun-Manie project
The AIM-listed firm said the projected EBITDA has increased to US$2.7bn, up from US$1.6bn a year ago
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Proactive news snapshot: Lionsgold, ECR Minerals, Echo Energy, Powerhouse Energy …
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Royal Mail Group delivers share drop as RBC Capital downgrades stock
Ultra Electronics and Melrose were boosted by analyst comments as the week drew to a close
Amur Minerals to begin field engineering campaign at Kun-Manie project
The AIM-listed firm said this year’s field season will be focus on gathering information for inclusion in project engineering study work
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After an up-and-down day, the FTSE 100 finished in positive territory after a late surge
Proactive weekly mining news highlights: Amur Minerals Corporation, Hummingbird Resources PLC, Strategic Minerals PLC, Amur Minerals Corporation ...
This week the mining sector brought news of boosted resources, mine acquisitions, and production records
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Proactive news snapshot: Amur Minerals, Strategic Minerals, Bloomsbury Publishing …
A glance at some of the day's highlights from the Proactive Investors newswire
LiDCO Group shares fall as it ends third party UK distribution agreement
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Amur boosts nickel resource at Kun-Manie by 50%
The resource increase makes Kun-Manie a top three nickel sulphide project by size globally