Amur Minerals Share Discussion Threads

[madengland_] 08/8/2017 19:42

Spot the so called link......Tadastadska - 08 Aug 2017 - 10:51 - 41767 of 41795 - 2Some interesting news in Russian press:The Development Fund of the Far East signed an agreement with the British Amur Minerals on further intentions. Photogalleries < A href = "#" class = "img"> In 2017, the mining company Amur Minerals can receive financial support from the Development Fund of the Far East and the Baikal Region. It is about financing a project to develop a copper-nickel deposit in Kun-Magnier in the Zeya district of the Amur Region. The license for the extraction of copper, platinum, cobalt and other minerals belongs to CJSC "Kun-Magnier" (Russian subsidiary of Amur Minerals). The state support funds are planned to be spent on the construction of a concentrating mill and metal smelting facilities, infrastructure facilities, the Fund's press service reports.The license for the development of the Kun-Magne deposit was received by the Russian "daughter" Amur Minerals in May 2015. Since 2004, the company has been engaged in exploration at the Kun-Magnier field. The project Kun-Magnier assumes processing for 15 years.

[kumala] 08/8/2017 19:41

Lets hope the sun shines tomorrow, it is August after all.
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

:)
K

[tadastadska] 08/8/2017 19:36

Mad,let me repeat myself,all my posts were backed up with links,all links were given to everyone on this bb. Now with regards to validity of Russian news websites,sorry but I don't understand how you want to validate a news website? Its a same like I would ask you to validate bbc or any other news provider...you can see all links in my previous posts,please check them,validate and keep us informed if they are not genuine. And I wasn't asking to be your friend...everyone thinks he/she is cool behind the pc monitor and in a real life they usually scared to repeat all the bad words they were typing in...

[madengland_] 08/8/2017 19:17

"Tad" why in heavens name would I want to meet up with you? I have a nice group of friends thank you. Sorry, I don't believe you're posts. You are incorrect, you've posted many without links or to links to Russian sites that you claim to translate. I question the validity of those claims.

[callmebwana] 08/8/2017 18:50

Calm down Tadaska and Mad.
Nickel Price up today to $4.85.The share price has broken the 6P strangle hold.
Soon be time for a drink or two.
ATB and GLA.

[tadastadska] 08/8/2017 18:40

Mad,you did not asked me any questions but instead you've said I am well known person posting false information and need to be reported! That is a fact! You did not asked anything!!!All my posts were always backed up with links and so would have been this,as from now on do your own research if you can,if you know any more languages...good luck... and I hope we will meet one day ( next month I am in UK,Manchester) and we keen meet so you can tell me face to face am I a big muppet or a little muppet...agreed?

[gizmohican] 08/8/2017 15:23

Ok can we just agree to disagree and move on

[1i1i1i] 08/8/2017 15:17

Madengland has been a well respected long term holder for many years and posts factual research, yes he does post that he thinks this share in his opinion is worth multiple times than the current price, so do I.He also tells people to do their own research, look at today's earlier posts for evidence of that. There really is no need for the vulgar outbursts that frequent these boards, especially to those that have added valuable input over a long period of time.

[gizmohican] 08/8/2017 15:16

Electric Car Boom Drives Rush to Mining's $90 Billion Hub
By David Stringer
6 August 2017, 20:00 BST 7 August 2017, 10:26 BST
Lithium scramble likened to Big Oil’s race to Middle East
Australia cementing status as a dominant supplier, UBS says


0:24
0:30
Why Electric Cars May Dominate the Auto Market by 2040
Why Electric Cars May Dominate the Auto Market by 2040
A scramble by the lithium market’s biggest players to tie up supply of the high-tech metal is gathering pace in the 170-year-old heartland of Australia’s $90 billion mining industry.

Rising Chinese demand for lithium-ion batteries needed for electric vehicles and energy storage is driving significant price gains and an asset boom in Australia, already the world’s largest lithium producer. The fast-developing hub is drawing investment and deals from global producers as well as chemical-to-battery manufacturers in China, the top consumer.

Western Australia has four operations in production and three more major projects being advanced to begin output. Major players are likely to continue to scope for deals in the state to secure supply for the next 20 or 30 years, according to consultant Benchmark Mineral Intelligence.

“There are serious companies investing and people are starting to lock up the biggest, long-life resources. The question is -- who’s next?” Simon Moores, managing director of Benchmark Mineral, said by phone from London. Though on a smaller scale, “it’s a land grab like in the petroleum industry when BP, Shell and others rounded on the Middle East in the 1960s and 1970s,” he said.


Greenbushes in Western Australia, the world’s biggest hard-rock lithium mine, is being expanded to more than double annual capacity, Talison Lithium, a joint venture between China’s Tianqi Lithium Corp. and North Carolina’s Albemarle Corp., said in an email. The site, first mined for tin from about 1888, already accounts for about 30 percent of global lithium production, according to Australia’s government. Tianqi is also planning about A$717 million ($578 million) of processing plant expansions.

Jiangxi Ganfeng Lithium Co., which has interests in projects in countries including Ireland and Argentina, holds about 43 percent of Australia’s Mt. Marion operation and in May agreed a supply and investment pact with Pilbara Minerals Ltd. for a mine development. Battery maker Shaanxi J&R Optimum Energy Co. in July struck an agreement for future output from Altura Mining Ltd.’s project.


An open pit mine at the lithium operation site of Talison Lithium Ltd. in Greenbushes.Photographer: Carla Gottgens/Bloomberg
“It’s the most significant expansion in lithium supply ever, and we are still undershooting demand,” said Chris Reed, chief executive officer of Neometals Ltd., a partner with Ganfeng and Mineral Resources in the Mt. Marion operation. Reed is scheduled to speak Wednesday at the close of the three-day Diggers and Dealers mining forum in Kalgoorlie, Western Australia.

Soc. Quimica & Minera de Chile SA, the world’s second-largest lithium supplier, in July made a first move outside South America to invest about $110 million for 50 percent of Kidman Resources Ltd.’s Mt. Holland project in Western Australia, aiming to enter production by at least 2021. The project would add to SQM’s expansion into Argentina.


Prices of lithium carbonate, the primary base-chemical produced by the industry, more than doubled in the 5 years to 2016, according to UBS Group AG. The material advanced about 5 percent to average $14,250 a metric ton in July from the previous month, even as Australian exports rise, according to Benchmark Mineral.

“We don’t see any price fall in the next three years,” Benchmark’s Moores said. “When you look at all the battery plants being built and the plans for EVs, even if only about 25 percent of those are realized, we’re still going to be short of lithium. It’s a unique once-in-a-generation situation.”

Chinese companies plan battery factories with capacity to pump out about 120 gigawatt-hours a year by 2021, more than three times the proposed volume of Tesla Inc.’s Gigafactory in Nevada, according to Bloomberg New Energy Finance. About 55 percent of global lithium-ion battery production is already based in China, compared with 10 percent in the U.S. by 2021, China’s share is forecast to grow to 65 percent, according to the forecasts.

To read a QuickTake Q&A on electric vehicles, click here

Electric cars will outsell fossil-fuel powered vehicles within two decades as battery prices plunge, Bloomberg New Energy Finance estimates.

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The world’s biggest car manufacturers are joining the race to secure raw materials, Galaxy Resources Ltd.’s Chief Financial Officer Alan Rule told reporters Monday at the Kalgoorlie forum. “They want to talk to us directly, to get access to long-term supply,” he said. “They are really concerned.” Galaxy visited major Western automakers in recent weeks, some of whom have reviewed more than 200 lithium projects and developers, he said.

Mineral Resources Ltd. and Galaxy are Australian producers that this year began new shipments of lithium concentrate to China, while project developers including Pilbara Minerals are targeting exports from 2018. The project pipeline is cementing Australia as a dominant player, UBS said in a June report.

For battery makers and auto-manufacturers “it’s starting to dawn on them that there could be a supply chain issue,” Pilbara CEO Ken Brinsden said Monday in Kalgoorlie.


Perth-based Mineral Resources is a touchstone for the shift from old-to-new industry in Western Australia as this fiscal year the iron ore producer will earn more from lithium than the steel-making ingredient, according to Deutsche Bank AG, which has a buy rating on the stock. It also sees Albemarle and Orocobre Ltd. as among the best global lithium prospects.

Lithium’s current $2.5 billion market is a fraction of the $86 billion a year seaborne iron ore trade and some miners have eschewed opportunities to add projects. Fortescue Metals Group Ltd. in December agreed the sale of a lithium exploration portfolio. BHP Billiton Ltd. argues it’s poised to benefit most from electric vehicle growth through copper demand. Australia will face competition from lithium projects in Canada, Chile and Argentina, according to UBS.

New lithium production and a potential addition of cobalt output and graphite projects -- two other metals experiencing rapid demand growth from the battery sector -- promise to add to mining exports from Australia. The value of mined exports is forecast at A$113.7 billion ($89.6 billion) in the year to next June 30, according to its government.

[gizmohican] 08/8/2017 14:58

made and you seem to spend a lot of time ramping robin even when the share price has been performing so badly, surely you can have a more open view to both sides

[madengland_] 08/8/2017 14:49

Yeah indeed Reggie.

[madengland_] 08/8/2017 14:47

Giz you seem to spend lots time moaning that Robin is not driving the share price, whatever that means.Have you now taken to supporting someone who blatantly lies and misleads?

[reggie123] 08/8/2017 14:46

Tad appears to have the same low fuse rating as CMB when it comes to controlling one's emotions.Similar foul language in tandem with an overly defensive streak once questioned"Both" are very weird characters...not so sure they're of adult age