Amur Minerals Share Discussion Threads

[jrewing3] 22/8/2019 15:44

Cartel ramping away. Makes no difference as share price down. Bwana banging on about other shares which are rising. He tipped MTL at 2.5p. Now 0.6p. Ouch

[qui quaerit reperit] 22/8/2019 15:31

Great news!!! Thanks for sharing it!!!:)

[gizmohican] 22/8/2019 15:24

Putin confident EEF will lay ground for new projects
August 21, 2019 Author: CanIndia New Wire Service
Views: 23

Moscow, Aug 21 (IANS) Ahead of the annual Eastern Economic Forum (EEF) in Vladivostok, Russian President Vladimir Putin has expressed confidence that the event would lay the ground for new and prospective projects, which will facilitate the development of mutually-beneficial collaboration and cooperation.

He expressed his views in a message of greetings to the guests and participants of the 5th EEF to be held from September 4 to 6 and to be attended by Indian Prime Minister Narendra Modi, Japanese Prime Minister Shinzo Abe, Malaysian Prime Minister Mahathir Mohamad, and Mongolian President Khaltmaagiin Battulga. Ministers and business representatives from a number of other countries will also attend the event.

In his message, Putin said, “The development of the Russian Far East, including strengthening of its economic and innovative potential, as well as raising the living standards of its residents, is our indisputable priority, a truly all-encompassing national task.”

He said lately, “an array of unprecedented efforts” supported the regional business development, and the formation of Advanced Special Economic Zones.

“Industrial, social, educational and sporting infrastructure is being expanded. Significant attention is being paid to the Free Port of Vladivostok, a zone with a special legal regime. Partnership between the business circles of Russia and the Asia-Pacific Region is growing stronger,” the Russian President said.

He emphasized that “being the largest Eurasian power”, Russia supports the dynamic development of the Asia-Pacific Region and welcomes equitable dialogue, both bilateral and multilateral within the EAEU, the SCO, and APEC.

Expressing confidence that the EEF would be productive, he said, “And, of course, the forum will allow representatives of federal and municipal executive bodies, entrepreneurial, and expert communities to chart highly professional approaches and paths towards implementing the National Programme for the Development of the Russian Far East, for the benefit of the residents of the Russian Far East and all of Russia.”

The EEF will be marked by over 70 business events, including panel discussions, with an aim of expanding international cooperation in the Asia-Pacific region and developing the economy in Russia’s Far East.

The event will also feature country-specific business dialogues with entrepreneurs from India, China, Japan, South Korea, ASEAN, and Europe. IANS is the media partner of the EEF.

The EEF programme consists of four main thematic pillars — ‘New Solutions for Accelerating Economic Growth’, ‘Improving the Business Environment’, ‘The Far East and Asia Pacific: Fostering Collaboration’, and ‘New Solutions for Improving Quality of Life’.

As per the tradition, the central event of the EEF will be a plenary session attended by Putin, Modi, Abe, Mohamad and Battulga.

The ‘New Solutions for Accelerating Economic Growth’ theme will include sessions on preferential regimes in the Far East as well as new tools for economic growth and enhancing the region’s investment appeal.

The participants will discuss ways to improve such mechanisms as advanced special economic zones, the Free Port of Vladivostok, the Far Eastern Hectare programme as well as measures to provide financial and non-financial support to investors. They will also consider prospects for the development of key industries in the region.

Discussions within the ‘Improving the Business Environment’ pillar will focus on creating new opportunities for investors in the Russian Far East.

The main themes of the sessions will be improvements to national jurisdiction and the protection of investors’ rights, the transformation of the public administration system within the context of digitalization as well as the development of small and medium-sized businesses.

The theme of ‘The Far East and Asia Pacific: Fostering Collaboration’ will address interaction between Russia and countries of the Asia-Pacific region.

The key discussion topics will be: international scientific and technical cooperation, the digital transformation of international trade, the future of the Russian Arctic, and transport corridors through the Far East.

The ‘New Solutions for Improving Quality of Life’ pillar will be devoted to social development issues in the Russian Far East. The main themes will include: attracting private investment to the social sector, improving the quality of education and healthcare in the region, developing a modern urban environment, and creating cities of the future.

[seewhatimean] 22/8/2019 08:54

Does she do 'extras'? ;-)

[seewhatimean] 22/8/2019 08:54

No I haven't tried your mum. What website is she on?

[seewhatimean] 22/8/2019 08:54

I guess you have to start drinking early to get yourself through the day.

Bleeeeeeeeeesssssssssssssssssssssss!!!!!!!!!!!!!!!

[russian turnip farmer] 22/8/2019 08:18

open the bottle.....close the bottle

[russian turnip farmer] 22/8/2019 08:18

you certainly know about parting it, and i'm not taking about Moses

[seewhatimean] 22/8/2019 08:14

Well that is what happens when your mum helps you out.

Bless.

[russian turnip farmer] 22/8/2019 08:10

spread at 54% never seen it that big

[callmebwana] 21/8/2019 21:45

O/T.
Some on here hold AAZ.
Wake up tomorrow morning and read the RNS.
The Gov. wants to buy us out. At what price ?? We will know soon enough.

Come on Norilisk, buy AMC as well .

[seewhatimean] 21/8/2019 19:59

Why are you always so drunk?

[seewhatimean] 21/8/2019 19:40

Why are you always so drunk?

[qui quaerit reperit] 21/8/2019 17:12

https://russiabusinesstoday.com/energy/amur-minerals-appoints-mining-veteran-tom-bowens-as-non-exec/

[thedickster] 21/8/2019 17:08

Sooty, Sweep, Jimmy Saville-row, Banksy, Barbie and Lord Lucan's Estate.

[jrewing3] 21/8/2019 16:41

Cartel members and rampers already exposed are,

Duxy786.
Bwana.
QQR.
Leechang.
Mad
Crazytowner.
Showercubicle.
Tad.
Nolosstillsell.
Inaminute
Patio58
Callmebwana
NY Boy
Kumala
Brasso3
gb99165
gizmohican

Please add to list as necessary

[jrewing3] 21/8/2019 16:41

Cartel members and rampers already exposed are,

Duxy786.
Bwana.
QQR.
Leechang.
Mad
Crazytowner.
Showercubicle.
Tad.
Nolosstillsell.
Inaminute
Patio58
Callmebwana
NY Boy
Kumala
Brasso3
gb99165
gizmohican

Please add to list as necessary

[russian turnip farmer] 21/8/2019 16:35

Cartel members and rampers already exposed are, Duxy786. Bwana. QQR. Leechang. Mad Crazytowner. Showercubicle. Tad. Nolosstillsell. Inaminute. Patio58. F1oydymag1c. Gizmohican. Please add to list as necessary

[gizmohican] 21/8/2019 16:08

BHP Group and Western Areas forecast big future for nickel as price continues climbing
By Lorna Nicholas - August 21, 2019
Western Areas ASX WSA BHP nickel price rise low stockpiles
Miners such as BHP and Western Areas are poised to take advantage of the mounting demand for nickel.

Despite global economic headwinds and the ongoing trade war, nickel’s price has continued climbing in recent weeks with nickel producers BHP Group (ASX: BHP) and Western Areas (ASX: WSA) both forecasting a positive future for the commodity in their latest updates.

Nickel pushed past US$7 per pound (US$16,000/t) this month reaching US$7.30/lb (US$16,090/t) last Friday as stockpiles on the London Metal Exchange continue eroding.

Nickel price chart BHP Western Areas ASX WSA
The nickel price has surpassed its 12 month high.
Nickel’s stockpile at the LME has remained under 150,000t since late July – slipping to 141,906t earlier this month, before rebounding slightly to reach 149,640t on Tuesday.

Jervois Mining (ASX: JRV) executive general manager Michael Rodriguez told Small Caps the stockpile figure represented less than two months’ worth of nickel supplies.

Analysts and miners have been predicting nickel’s resurgence for the last two years, but the comeback has been stunted by the ongoing trade war between US President Donald Trump and China’s President Xi Jinping, which heated up mid-last year and remains volatile.

However, global uncertainty hasn’t been able to keep the nickel market subdued endlessly, with underlying fundamentals remaining strong – driven by continuing growth in the metal’s primary end-market stainless steel.

In addition to stainless steel, a new market for nickel is emerging in the lithium-ion battery space, which is surging on the back of global electric vehicle demand.

Nickel is a critical element in the nickel, manganese, cobalt (NMC) cathode formula for lithium-ion batteries used in electric vehicles.

Each electric vehicle with an NMC lithium-ion battery requires about 50kg of nickel.

Stainless steel and batteries vie for nickel
Mining behemoth BHP’s vice president of market analysis and economics Dr Huw McKay said although stainless steel would continue to be the metal’s primary end-use for many years, he envisages a future where batteries and stainless steel become “equally important” nickel consumers.

He said nickel’s future in this sector will be dependent on several factors including how fast EVs can penetrate the auto fleet, the mix of battery chemistries that will eventually power these vehicles and the cost of converting nickel laterite into a battery grade nickel product.

Looking ahead, Mr McKay noted BHP’s lowest plausible scenario was that by 2035 EVs will make up 7% of light vehicles on the road, with this anticipated to expand to 27% by 2050.

Putting a number on these percentages – the company expects to see 132 million EVs on the world’s roads by 2035 and 561 million in 2050.

Nickel electric vehicle EVs BHP forecast
BHP forecasts 1.6 billion EVs could be on the world’s roads by 2050.
In a more bullish forecast, Mr McKay said the world’s EV fleet could surpass 700 million by 2035 – rising to 1.6 billion by 2050.

Driving the rise of EVs is an ongoing decline in average battery costs with Bloomberg New Energy Finance estimating a full battery pack now costs less than $180 per KWh – down from $290/kWh only two years ago.

When looking at the main battery chemistry that will power these vehicles, Mr McKay pointed out “no battery is perfect” and there would be “trade-offs221; with any battery chemistry that is selected.

However, he noted nickel rich chemistries “present the best opportunity to achieve the positive performance” that is required at an “acceptable cost” and manageable weakness.

“We expect the NMC 8-1-1 to be the workhorse technology of the EV future.”

With nickel demand currently about 2Mtpa, this is expected to grow to around 6Mtpa by 2035. Batteries are forecast to account for almost half that need.

To take advantage of this expected growth, BHP is looking to boost its nickel sulphide resources.

Compared to nickel laterite deposits, nickel sulphide resources are less costly to process into battery grade nickel.

Western Areas receives increasing interest from lithium-ion battery market
In today’s full year results presentation, Western Areas managing director and chief executive officer Dan Lougher revealed the company had received a “significant increase” in offtake enquiries for its nickel sulphide concentrate.

He said the company’s existing offtake contracts with BHP Nickel West and China’s largest steel producer Tsingshan are due to expire early next year.

Although stainless steel is expected to remain nickel’s primary market for many years, Mr Lougher noted the higher interest in the company’s products was arising primarily from the lithium-ion battery sector.

Dry pipeline and vying markets
As nickel’s primary market in stainless steel continues to strengthen and NMC lithium-ion batteries are installed in even more electric vehicles, manufacturers and investors are increasingly looking at available nickel supply.

This poses a problem with little investment made in discovering and advancing nickel projects over the past decade – resulting in the nickel market slipping into a deficit in 2016.

As demand intensifies this deficit is anticipated to continue through to at least 2025.

Even with the nickel price rising in recent weeks, Mr Lougher said it was still too low to incentivise new projects and mines.