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A glance at some of the day's highlights from the Proactive Investors newswire
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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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A glance at some of the day's highlights from the Proactive Investors newswire
Research house Roskill expects demand to expand by 14.5% every year for the decade started 2017
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A glance at this week’s top stories from London’s junior miners
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A glance at some of the day's highlights from the Proactive Investors newswire
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
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It is the second time Trump has mentioned the issue of high oil prices, having previously mentioned it in April
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
A look at some of the biggest risers and fallers in London on Wednesday.
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
The FTSE 100 continued higher on Wednesday, extending the week's winning streak.
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A glance at some of the day's highlights from the Proactive Investors newswire
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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A glance at some of the day's highlights from the Proactive Investors newswire
Ultra Electronics and Melrose were boosted by analyst comments as the week drew to a close
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
This week the mining sector brought news of boosted resources, mine acquisitions, and production records
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Tuesday
The resource increase makes Kun-Manie a top three nickel sulphide project by size globally
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The Footsie has been in consolidation mode for most of the day
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A glance at this week’s top stories from London’s junior miners
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A glance at some of the day's highlights from the Proactive Investors newswire
AMur Minerals said this step is the first in a three-component process to earn long-term access to the site of the huge nickel/copper project
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The premier UK blue-chip exchange added around 45 points at 7,203, while FTSE 250 also stormed higher, up 193 points at 19,968.
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A glance at this week’s top stories from London’s junior miners
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A glance at some of the day's highlights from the Proactive Investors newswire
Proactive takes a look at some movers and shakers throughout the day in London
Amur Minerals said that nine vehicle convoys are now transporting the supplies to Kun-Manie, its nickel sulphide deposit in Russia
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Fears of a trade war have rattled investors, with minerals companies particularly hard hit
A major work programme is planned for Kun-Manie this year, which will allow for economic studies to take place
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Andrea Williams, the new chief executive officer, is conducting a strategic review of the operating businesses and putting in place measures to stabilise the business, reduce operating costs and grow net fee income.
Amur is now beginning to focus on development rather than exploration
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New Fed supremo Jerome Powell will likely stick to a gradual, three hikes scenario, but the case for a faster pace of tightening is growing stronger, according to Nordic investment bank, SEB
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A glance at this week's top stories from London's junior miners
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of today's top risers and fallers in London
The new money will allow for continued development of Kun-Manie, one of the last major nickel sulphide projects in the world
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The index of blue-chip shares ended the day down 0.1% or points at 7,178.01 points after the CPI data
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A glance at some of the day's highlights from the Proactive Investors newswire
Proactive takes a look at the movers and shakers in London
Amur highlighted that the new assessment will estimate resources across 3.6 kilometres of strike, whereas last year's estimate covered 1.4 kilometres of mineralisation.
The dollar's revival did not last long, and although a weak dollar is regarded as being detrimental to the FTSE, the top-shares index still managed a 50 point gain
Eurasia Mining has an enviable position in Russia platinum and platinum group metals
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
London's top tier index reached a new record high on Tuesday, led by supermarket shares
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Currency manager services group Record Plc (LON:REC) is among the very few names fixed in the diary, with interim results due.
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House builders and telcos will provide some of the weeks highlights.
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London today
An open-pit at MKF could yield some 77mln tonnes, containing 564,100 tonnes of nickel and 151,500 tonnes of copper as well as by-product cobalt, platinum and palladium.
FTSE 100 closed at 7,542, below last Thursday’s closing high of 7,556.24 while the Dow soared above the 23,000 level today
Amur Minerals' Robin Young in studio next Thursday - Oct 19
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Sirius Minerals was a key highlight of the week in the junior mining sector.
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A glance at some of the day's highlights from the Proactive Investors newswire
The mine developer is aiming to extend and complete an ongoing drill programme
A look at some notable movers - risers and fallers- in London trade
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A glance at some of the day's highlights from the Proactive Investors newswire
Former directors are proving to be flies in the ointment at MBL Group and Altona Energy
Ongoing drilling at Amur's Kun-Manie nickel project is delivering significant new mineralisation
FTSE 100 closed 9.35 lower at 7,301 and the FTSE 250 added over 49 points at 19,566
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We look at the week's news from the small cap mining news arena
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A glance at some of the day's highlights from the Proactive Investors newswire
Some of the main news-driven risers and fallers at 3.45pm...
Robin Young, Amur’s CEO, commented: "It has been a highly successful drill season. We have substantially expanded our resource at both Ikenskoe/Sobolevsky and Kubuk with the identification of a new mineral extending each deposit by an addit
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Sterling surged past US$1.33 shortly after the Bank of England voted in favour of keeping interest rates at 0.25%, with analysts describing the move as a 'hawkish hold'
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Some of the mining news highlights over the past week
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A glance at some of the day's highlights from the Proactive Investors newswire
A 20,000m drill campaign showed that the Ikenskoe/Sobolevsky and Kubuk targets are in fact a single deposit
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A look at the world of Proactive's small cap mining news highlights
A look at some of the biggest risers and fallers in London today
The FTSE 100 index finished down around 44 at 7,498, above the session low of 7,475.83, but unable to reach the opening peak of 7.542.73
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Real Good Food and Amur Minerals were two of the big gainers today
Confirmed and verified lab results will feed into desktop work for an upcoming new resource estimation
A look at some of the biggest risers and fallers in London today
“Resource expansion drilling at Ikenskoe / Sobolevsky has reaped substantial benefits since mid-May of this year," Robin Young said.
The FTSE 100 index closed 10.79 higher at 7,542. The session peak was 7,549, and the day’s low was 7,518
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Some of the day's headlines on the Proactive Investors newswire
A glance at some of the bigger risers and fallers today in London ...
Amur's drilling at the Kun-Manie nickel sulphide project in the Russian Far East continues to give grounds for encouragement
With an hour and a quarter of trading to go, the UK benchmark index was ahead 58 points at 7,430, just easing back from the afternoon peak of 7,438.90
Just days after the Tanzanian authorities slapped the miner with a S$190bn bill for unpaid taxes and penalties, on Friday it emerged that a senior Acacia Mining employee was arrested at the airport.
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Some of the day's headlines on the Proactive Investors newswire
A glance at some of the bigger risers and fallers today in London ...
The limits of the mineralisation have now been expanded by around 50% from the February 2017 model