Amur Minerals (AMC)

Business description

Amur Minerals is an exploration and development company focused on base metal projects in Russia’s far east. The company’s principal asset is the Kun-Manie nickel sulphide deposit in the Amur Oblast, comprising almost 1Mt of contained nickel equivalent in at least five deposits.

Linking up deposits

Flash note | Mining | 15/02/2013

Amur has continued to demonstrate the increasing likelihood for its Maly Kurumkon/Flangovy deposit to join up with a new 750m drill-defined mineralised body called Gorny (all situated in its Kun-Manie exploration licence in the far east of Russia), situated c 2km to the east. Of the 11 holes drilled into Gorny in 2012, nine hit mineralisation, with an average combined thickness of 12.8m per hole at a nickel grade of 0.45% and 0.13% copper.

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Stock data

Market cap.£51.4m
Last close8.100p
High / Low (52 weeks)15.2p / 2.4p
Stock market listingLN
Forecast net cash (US$m)138
Forecast gearing ratio (%)N/A
TeamResources - Mining
SectorMining

Price performance

%1m3m12m
Actual(23.8)30.7155.1
Relative *(22.9)32.5139.5

* % Relative to local index

Company news

Amur Minerals Corporation

Tue, 26 Sep 2017 11:15:00 GMT

Amur Minerals Corporation

Mon, 25 Sep 2017 06:56:15 GMT

Amur Minerals Corporation

Tue, 08 Aug 2017 10:08:52 GMT

Amur Minerals Corporation

Tue, 07 Mar 2017 15:07:09 GMT

Amur Minerals Corporation

Thu, 31 Aug 2017 13:51:40 GMT