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.£33.6m
Last close5.300p
High / Low (52 weeks)11.2p / 5.1p
Stock market listingLN
Forecast net cash (US$m)138
Forecast gearing ratio (%)N/A
TeamResources - Mining

Price performance

Relative *(25.6)(26.7)(55)

* % Relative to local index

Company news

Amur Minerals Corporation

Tue, 09 Jan 2018 07:59:11 GMT

Amur Minerals Corporation

Tue, 08 Aug 2017 10:08:52 GMT

Amur Minerals Corporation

Tue, 29 Nov 2016 10:52:30 GMT

Amur Minerals Corporation

Tue, 20 Jun 2017 07:07:08 GMT

Amur Minerals Corporation

Tue, 13 Feb 2018 08:18:04 GMT