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Amur Minerals - Capital Network:Further Resource Upgrades Likely

Writen by Sam Catalano

Amur Minerals (LON:AMC) is a London AIM listed minerals exploration and Development Company, currently focussed on developing the Kun Manie project, located in the far east of Russia. The project is primarily a nickel project, but with significant by products of copper, cobalt, platinum and palladium.

 

 

Amur Minerals possesses a large-scale nickel sulphide deposit, in close proximity to the key Asian markets, which will target production at a time when nickel demand should be increasing. That said, with potential production still some years away, the key for those investing at this stage of project development is further discovery and de-risking of the project, so milestone such as the PFS, Resource upgrades, offtake agreements, and funding newsflow should be the key drivers for the short to medium term.

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