Amur Minerals Share Discussion Threads

[madengland_] 06/3/2018 08:39

One thing is for sure, there is a bull versus Bear tug of war at the top of major miners, and when the bulls eventually win and majors start going for growth..... amc will be well placed.Very interesting to watch the two tribes go to war wrestling battle at the top of our neighbour!

[tadastadska] 06/3/2018 08:06

np mad,in russian it reads same as english,start of construction end of 2018...

[madengland_] 06/3/2018 08:03

Tad, was never questioning you had found an article! Sorry if that came across. The timelines aren't correct and I don't think RY would say them.... so he could be misquoted or it lost in translation maybe?

[tadastadska] 06/3/2018 07:58

Found it!!! Mad it is not fake news and only 6 months old!!!Scroll down to page 46 can't really fake something like this....http://vnedra.ru/wp-content/uploads/2010/01/Globus_347_int.pdf

[madengland_] 06/3/2018 07:53

Tad. RY has been misquoted or even falsely quoted more times than I can shake a stick. From people on BB claiming things were said, to I am sure articles in far off publications. It's so easy to create false news. At the same time, your research is very much appreciated as I am sure when real news is about to break you will find some nuggets before. So thank you

[tadastadska] 06/3/2018 07:47

I will find an article as was using my app and not web browser.Later on today once I get the minute will investigate,but at the same time would be good if someone could ask Amur to clarify all this as this is significant if true.

[madengland_] 06/3/2018 07:44

It's not difficult to put false news out there in this day and age, and let's face it it's not just Russians doing that, as the western press would have people believe

[madengland_] 06/3/2018 07:40

Exactly Tad. This is not going to be the route we see the timelines firstly, and secondly they are quite clearly incorrect. The road is a 2 year build for example, we have not started the Road. I personally expect we will get bought out, however this is a project I would imagine will start 2019 and be running 2021. No earlier.

[tadastadska] 06/3/2018 07:32

Mad why timelines are not correct? This is first time we ever see timelines at all?

[madengland_] 06/3/2018 07:25

Not suggesting by you Tad! You may well just be finding it with your research. Keep it up!

[madengland_] 06/3/2018 07:23

I am sure there is some false news being pushed out...... lots of people have agendas

[madengland_] 06/3/2018 07:22

Tad the surprising thing in that article is that the timelines are not correct, and many of the details it purports are not yet decided. Personally I don't believe RY said that stuff, let alone to the press of any sort.

[madengland_] 06/3/2018 07:11

Norilsk could swallow us in one big gulp! If I was a Chinese or Korean firm I'd be thinking it's better to move quickly maybe.Very smart chess by RY. Sticking to his mine plan, keeping us financed and making it very clear we will listen to any sensible offers. What's sensible for a 13bn worth assets in a tax free zone?

[madengland_] 06/3/2018 07:07

Metals Billionaire to Win Whether Electric Cars Boom or Bust https://www.bloomberg.com/news/articles/2017-11-20/billionaire-to-win-either-way-whether-electric-cars-boom-or-bust

[madengland_] 06/3/2018 07:01

Let's hope Potanin wins...... he's ready to start spending and investing in EV. The Future of Electric Cars Depends on Two Feuding Russian Billionaires https://www.bloomberg.com/news/articles/2018-03-06/the-billionaires-feud-that-will-affect-electric-cars-quicktake

[carl valentin] 06/3/2018 05:37

Where is the next free smelter? How long need a transport to the next railroad and back on the iceroad in summertime? 6 mil tonnes a year needs 200000 transports on 360 kilometer iceroad, how is this possible? You need a smelter in kun manie!

[tadastadska] 05/3/2018 22:48

!!!!!!!!!Boom!!!!!!!Special Project!!!!!!search/phrase/amurminerals/kunmagne/project/amur/yandex2618946 SPETSPROEKT A NEW PLAYER ON THE RUSSIAN COPPER-NICKEL MARKET construction of a large mining and processing complex for the production of copper-nickel concentrate will begin in the Amur Region. The development of the Kun-Magne deposit and the processing of its mines will be conducted by Kun-Magnier CJSC by the Russian subsidiary of the public company Amur Minerals Corporation, whose shares are traded on AIM in London. The questions of the magazine "Globe" are answered by the executive director of the company "Amur Minerals Corp." Robin Young. Mr. Young, when will the construction of the mining and processing plant begin and what is the time frame for its withdrawal to the designed capacity? The construction is scheduled for completion by the end of 2018. The plant should reach its full capacity by the end of 2019: the volume of production and processing will be 6 million tons of ore per year. In the near future, our specialists will begin to prepare a feasibility study of the permanent conditions for this field. ROBIN YANG, Chief Executive Officer, Amur Minerals Corporation What type of ore will be mined and what production method is planned to be used? Kun-Magne ore deposits are copper-nickel sulfide ones. Their extraction will be carried out both in the open way, and with the help of underground excavations. Among other useful components of the ore deposits are cobalt, platinum, palladium, gold and silver. The extracted ore will be delivered to the beneficiation plant by quarry dump trucks of four quarries and two mines. To date, the deposit includes four large ore deposits. What performance indicators are expected to be achieved? The recoverability of nickel and copper for the ores of the three deposits is estimated at 80%, for the fourth 70%. For cobalt, platinum, palladium, gold and silver, the recoverability varies within%. As a result of the enrichment, a collective concentrate containing all the metals listed will be produced. The total yield of copper and nickel in the concentrate is on the order of%. 4647 SPETSPROEKT Figure 1. Preliminary scheme of GOK "Kun-Magnier" It is already known which scheme of ore enrichment will be used in the factory? Are there significant differences from conventional methods? With the help of a traditional and well-proven technological flotation scheme, a collective concentrate will be produced. The enrichment plant will be designed and constructed from an annual production capacity of 6 million tonnes of ore. The annual volume of concentrate produced will be approximately 375 thousand tons. The average content of the main useful components in the ore is from 0.8 to 0.9% for nickel and about 0.25% for copper. What methods of research will be used in the factory laboratory? What equipment is planned to install filtering, grinding, drying, weighing, mineralogical and so on? We are at the pre-production stage of the project development, and the final technological studies are still ahead of us. The final technological scheme is finalized, and based on it, key parameters will be determined for the design of the concentrator and its laboratory, equipment will be selected to optimize the extraction of metals. The same applies to the selection of specific equipment for ore dressing, which will correspond to the adopted enrichment technology. How will the tails of enrichment be disposed of? For this purpose, a tailing dump of a bulk type is envisaged. What measures will be taken to protect the environment? Now we are preparing for a full-scale study of the state of the environment and assessing the impact of the projected enterprise on the environment, based on the generally accepted principles of the equator. These studies will include both environmental measures aimed at minimizing impact, and a full-scale study of the impact on the social environment, that is, the impact on the socio-economic and environmental component of life of the local population.

[carl valentin] 05/3/2018 09:47

Let's rock everybody, let's rock
Everybody in the whole cell block
Was dancin' to the Jailhouse Rock

[carl valentin] 05/3/2018 08:16

Paul, dont remember me?!

[s0lis] 04/3/2018 22:07

tad

I would not pay too much attention to the resource map which is very out of date and

I don't think the figures can be believed if they have a page like this
hxxp://map.minvr.ru/#natural-resources/62

[seaclipper] 03/3/2018 21:49

Good research tad and thanks, and as I keep saying we should see some BLOCKBUSTING RN`s come out from AMC.

Perhaps info requested by prospective buyer or some one interested as a J V ??????????????

[tadastadska] 03/3/2018 20:47

Interesting milestones isn't it...
Other milestones required are the completion and announcement of the resource update, updated open pit design, the open pit / underground trade off study and the updated pre-feasibility project economics, all of which milestones the Directors believe will be completed prior to the date that the Company exercising its option to give notice for a further loan advance.
Why would they want these milestones???If I was to lend someone $10mil I would ask for guarantee it will be paid back,for a future finance details,for the assets in case of failing to achieve the promises and going bust,etc...
But no,they are asking for open pit design,underground design,pfs...
It looks like they have far more bigger plans then just a $10 mil ( also looks like they are not bothered about Amur being able to pay it back,but like being guaranteed they will pay back...) it is really very interesting milestones....

[tadastadska] 03/3/2018 18:17

he is my russian hacker friend:) we both hacking and ramping:)

[peawacks] 03/3/2018 17:53

Tad, you are NOJUS ?

[tadastadska] 03/3/2018 17:28

There is more to it!!!
First - thanks to the person who found this!!!
Now if you click the below link it will show you the money!!!:

According to this the total cost are 75.9 billion russian rubble and next to it it is showing the amount still required and it is only 6 billion rubbles,so do we have 69 billion and only need 6 billion which is only $100 million???