Proactive Investors - Run By Investors For Investors
Why invest in AMC?
Amur Minerals Corporation: DEEP DIVE
OVERVIEW

Amur outlines strategic plan for the development of Kun-Manie

Amur has already delineated a substantial resource at Kun-Manie
Amur outlines strategic plan for the development of Kun-Manie
OVERVIEW: AMC The Big Picture
Nickel will be in increasing demand for use in electric vehicle batteries

Amur Minerals Corporation (LON:AMC) has set out a strategic plan for the development of the Kun-Manie nickel-copper sulphide mineral project in the far east of Russia.

The company will focus on engineering and taking the Kun-Manie project to bankable feasibility study level, on infrastructure, on the engagement of a strategic partner, and on a phased funding process.

READ: Nickel from Amur’s Kun-Manie project destined for China and electric vehicle batteries

"The Kun-Manie nickel-copper sulphide project has now been sufficiently explored wherein the resource and numerous studies have confirmed both its technical and economic potential to produce Class 1 nickel suited for the expected growth of the Electronic Vehicle ("EV") market,” said Amur chief executive Robin Young. 

"The fully integrated, strategic plan is intended to build on the company's exploration success and address the technical and financial challenges a junior miner, such as Amur, faces when it controls 100 per cent of the largest undeveloped nickel sulphide project immediately adjacent the world's three largest nickel consumers.

"Going forward, Amur and its management team will be working to progress the Kun-Manie project up the mining value curve, although this will now feature more corporate and project development work rather than exploration work. We will also be intensifying our past and current activities to identify additional, well suited, expertise and industry partners, who tend to contribute at an asset rather than group level.”

 

 

View full AMC profile View Profile

Amur Minerals Corporation Timeline

Related Articles

1542615822_nickel.jpg
November 19 2018
Amur has already delineated a substantial resource at Kun-Manie
1542052159_handshake--bus.jpg
November 12 2018
Tantalex is focused on the exploration and development of lithium, cobalt, tantalum properties in Africa
Araguaia mine
January 18 2019
Broker share price targets range from 8p to 21p per share

© Proactive Investors 2019

Proactive Investors 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.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use