Amur Minerals Share Discussion Threads

[seaclipper] 26/2/2018 09:29

Nickel warehouse stocks in decline.

[gizmohican] 26/2/2018 08:33

Nickel shifting again...come on RY!

[tadastadska] 26/2/2018 08:06

We should see a lot of various news in a next month,meeting this week in Moscow and new season starts in Far East:)

[madengland_] 26/2/2018 06:41

Well I for one expect our MRE this week, quite possibly today

[loganair] 25/2/2018 12:04

Apple Is Looking to Lock Down Its Cobalt Supply:

With the demand for electric vehicles surging, Apple is looking to ensure sufficient supplies of a key ingredient in its iPhone batteries.

Apple is well-known for its design innovation, the quality of its products, and the fan-like devotion of its customers. Another less celebrated, though key factor to the company's success is its strict management of its supply chain, which is among the finest in the world.

Apple has used its substantial warchest, massive financial resources, and industry clout to secure key components from suppliers in the past. Now it looks like Apple is going back to the well -- or in this case, the mine -- to ensure it has sufficient cobalt for its needs.

Apple has a history of acting to lock down key components:

Apple is seeking to negotiate exclusive contracts with cobalt miners to ensure it can lock down a sufficient supply of the metal used in its iPhone batteries. This is the first time Apple has dealt directly with the miners, according to a report by Bloomberg.

The price of the element, which is a key ingredient in lithium-ion batteries, has seen its price triple over the last 18 months alone. Demand for batteries that use the mineral have spiked in recent years, as they are used in both smartphones and electric cars.

The increasing popularity of electric vehicles has prompted fears of a brewing shortage of the raw material, as electric car batteries consume more than a thousand times the amount of cobalt used for cell phone batteries.

Apple isn't the only company looking to ensure its supply. A number of other companies were cited, including electronics manufacturer Samsung, as well as car makers BMW and Volkswagen AG, according to the report.

This comes on the heels of a deal reached between Australian Mines and SK Innovation, which produces electric vehicle batteries. Under the terms of an exclusive agreement, SK will buy the all of the output produced by Australian's Sconi mine for the next 13 years -- guaranteed at today's prices.

Not the first time -- or the last:

This isn't the first time Apple has gone directly to suppliers to ensure the company has control of vital components necessary for its products. Reports indicate that Apple worked out an exclusive deal with Taiwan Semiconductor Manufacturing Company to supply the custom A10 Fusion and A11 Bionic chips that are used in the company's iPhones.

Apple also made a strategic $390 million investment in Finisar, which supplies the vertical-cavity surface-emitting lasers (VCSELs) used in the 3D sensing technology in iPhones. These components enable the FaceID and TrueDepth camera system that are key features in the iPhone 8 and X models. This way, Apple was able to ensure sufficient output while likely denying competitors access to the emerging technology. It should be noted, though, that the exact terms of the deal were not disclosed.

There were also reports that Lumentum Holdings, the only other notable supplier of VCSELs, may have reached an exclusive supply deal with Apple, at least according to analyst Jun Zhang of Rosenblatt Securities. If true, this would leave limited supply of the hardware necessary for Apple competitors, while providing a guaranteed revenue stream for Lumentum.

The importance of inventory and the supply chain:

It is important to remember that prior to becoming Apple's CEO, Tim Cook spent more than a decade developing Apple's supply chain and making it one of the best in the world, a key factor to the company's continuing success.

Market research company Gartner publishes an annual report of the top 25 supply chains worldwide. After Apple spent more than a decade at the top of the list, Gartner created a special "Masters" category in 2015 "to recognize sustained leadership over the last 10 years." Apple and Procter & Gamble were the inaugural members of the category, which has since seen the addition of Amazon.

[loganair] 25/2/2018 11:06

duxy - I totally agree, when it comes to Apple it is all about locking in supplies of Cobalt.

It seems to me, Apple and others say about it being 'Non-conflict' - Clean Cobalt is more to do with PR as what I've been hearing it is much more to do with making sure they have locked in the supply of the Cobalt they need.

I understand that Samsung for their smart phones, BMW and other car companies are also looking at locking in supplies of Cobalt, rather then what the price of Cobalt is likely to be.

The latest reports says there will be, 100 million electric cars by 2030 and 350 million electric cars by 2040 with each car requiring several Kg's of Cobalt in their batteries.

[duxy786] 25/2/2018 10:03

Demand for nickel. Let's assume for a second that the substitution project remains in draft and that cobalt remains indispensable. Around Ninety-five percent of the world's supply of cobalt comes as a by-product of nickel or copper. As illustrated by John Petersen, "Every year, the world's nickel miners sell $14.58 billion of nickel and $1.05 billion of cobalt, which means cobalt revenue represents 6.7% of their total revenue. It's even worse with copper miners who sell $68.4 billion of copper and $0.92 billion of cobalt, which means cobalt revenue represents 1.3% of their total revenue." 

[loganair] 23/2/2018 18:58

I heard a report today, because the price of Cobalt has tripled in the past 18 months Apple say they are now going to look at going straight to the smaller local miners to get their Cobalt thereby cutting out all the middle men.

Apple say they are worried about the future availability of Cobalt due to the expected increase in the use of Cobalt in batteries used for electric vehicles, so they say they want to lock up the supplies they need.

Apple say they require 8gms of Cobalt per battery used in their various devices while electric cars need about 1,000 times this amount.

[s0lis] 23/2/2018 07:39

Loganair

Not worth my time replying to you.

[madengland_] 23/2/2018 07:36

Logan, give it a rest. Solis clearly will not know that level of detail right now. People do understand the concept of interest, so stop being so patronising. Your opinions lack any insight and really aren't of much interest, which is the reason some people are frustrated by you.

[tadastadska] 23/2/2018 00:54

Thanks S0lis for the info,very interesting!Some people will use anything for their deramp:) won't be surprised if your info and my above will be interpreted to try to make as much as possible negativity:)

[loganair] 23/2/2018 00:03

S0lis - Interestwise, a very good loan by Amur. By any chance do you know how much the loan is likely to be for.

If the loan is say for $50mln, even at around just 3% interest will still mean Amur paying $1.5mln per year in interest or do you know if Amur have a grace period, so for example after taking the loan out, they can pay the interest they owe after the mine is in production?

[s0lis] 22/2/2018 23:46

Tad

I don't know why people go on about the road. Those that were at the meeting on 28th July 2017 to alter the M&A can confirm the discussion I had with RY on the financing of the road and how it would work.

Please see my posting on iii on 30/7/17. I should have stressed more clearly that RY was saying that 100% of the finance would be provided as soft loans by different bodies. What is LIBOR now ? 2.4% and they will only charge 1/2% over LIBOR - cheaper than UK inflation. They had the topographic and hydrological details in April 2017 (RNS) and have said on a couple of occasions that they have requested cost estimates from some road contractors. I would not be surprised if the final plans are not completed.

Not an issue. Closed book.

I believe he is now dealing with the rest of the finance required, mine plan to high grade the start and pay off loans, offtake agreements, further drilling to confirm more high grade areas, etc.

[tadastadska] 22/2/2018 23:17

Could the below be a reason for delayed plan to publish PFS by RY? Perhaps they had it all ready but been asked to include more details,calculations,costs etc...would make sense for a delay...they just need to get the numbers right and we have a green light:)Russia> Real Estate, Construction> minstroyrf.ru, 22 February 2018> No. 2505998Since 2019, projects with state participation will pass mandatory public technological and price audit of investment justificationOn the instruction of the Government of Russia and the Ministry of Construction,drafted amendments to the legislation aimed at introducing a mandatory technological and price audit (TCA) for justifying investment projects with state participation. This was announced by Deputy Head of the Department Hamit Mavliyarov during a working visit to Samara on February 22.As explained by the deputy minister, before making a decision on the construction of the facility at the expense of budgetary funds, the developer must compulsorily prepare a justification for investments - documentation that will include, among other things, the draft task for architectural and structural design of the facility and contain a brief description of the investment project.The requirements for the composition and content of the investment justification are established by the Government of the Russian Federation. The structure includes information about the main architectural, technological, constructive, volumetric planning and engineering solutions, as well as the justification for the proposed maximum cost of construction or reconstruction of the facility. In addition, the document should contain information on technological and engineering equipment, on the networks of engineering and technical support, on the construction project, on the design and list of measures for environmental protection, fire safety, and compliance with the energy efficiency requirements of buildings.All decisions reflected in the investment justification will be evaluated for their economic efficiency and compliance with the current level of technology and technology.The term of the TCA should not exceed 32 working days, depending on the complexity of the construction site. In conclusion, TCAs should contain expert assessment and conclusions on the possibility of optimizing selected solutions, basic technological equipment, as well as planned construction and finishing materials, reducing the time and cost of construction in general and its individual stages. After that, a decision will be made about the expediency of building the facility. Materials of the investment justification and the results of its audit will be placed in a single database, on the basis of which an electronic portal is created for public discussion of the specified materials."Justification of investment and its audit is a measure that will help to optimize the costs of designing and building an object without reducing quality and maintaining safety of construction," Deputy Minister Hamit Mavliyarov said.Russia> Real Estate, Construction> minstroyrf.ru, 22 February 2018> No. 2505998http://mco-panacea.cl.informa.ru/news/?person_id=17052&cs%5B195%5D=on&page=1

[ciao4niao] 22/2/2018 21:56

loganair

You really appear to me to be a child of a lesser God! A very minor God.

It's obvious to any sane person that AMC does not have skill sets to develop the mine to production stage. They will either have to employ the people with the appropriate skill sets or they will JV or be taken over by a company that has.

All that pretence about asking the questions that others in your classes at school were too afraid to ask because they would look stupid is clearly a cover for your posts on this board. Phuh! You certainly have made yourself look stupid.

I have against my better judgment resisted putting you on filter. But now I have ... filleted you.

Silence is bliss!

[loganair] 22/2/2018 21:35

Mr Negative here - Another reason I can see why AMC's share price is where it is, is because the cost of production is a long way from being established and therefore the risk is not closely link to the price of the commodity which creates uncertainty.

AMC have discovered a huge deposit and I know I keep harping on about this, it takes vast amounts of funds, expertise and time to develop a mine is why I think AMC will need a major producer to buy in and do the actual mining.

The question I would like to ask is what expertise does AMC have in bringing the mine into production?

[loganair] 22/2/2018 18:07

flug - Your posts show you have no understanding of me what so ever. If you read posts from other threads I'm on I've posted both positive and negative on the same board. In the past on this board I have written many positive posts.

Mentioned has been JRS, for a year and a half, most my posts were very negative and critical about Russia while for the past year have been increasingly positive.

[madengland_] 22/2/2018 17:57

Tad keep up the investigative work, I've no doubt we will get the big news before the crowd with you on the case!This may be of interest to some, check out the RNS if you want to read anymore About Cobalt 27Cobalt 27 Capital Corp. is a minerals company that offers direct exposure to cobalt, an integral element in key technologies of the electric vehicle and battery energy storage markets. The Company owns over 2,982 Mt of physical cobalt and manages a portfolio of cobalt royalties. The Company intends to continue investing in a cobalt-focused portfolio of streams, royalties and direct interests in mineral properties containing cobalt, while potentially adding to its cobalt physical holdings when opportunities arise.About RNC MineralsRNC is a multi-asset mineral resource company with a portfolio of nickel, cobalt, and gold production and exploration properties. RNC has a 50% interest in a nickel joint venture with Waterton Resources that owns the Dumont Nickel-Cobalt Project located in the Abitibi region of Quebec which contains the second largest cobalt reserve and eighth largest nickel reserve (the largest undeveloped nickel and cobalt reserves in the world). RNC has a 100% interest in the producing Beta Hunt gold and nickel mine located in Western Australia. RNC has a strong management team and Board with over 100 years of mining experience at Inco and Falconbridge. RNC's common shares trade on the TSX under the symbol RNX. RNC shares also trade on the OTCQX market under the symbol RNKLF.

[tadastadska] 22/2/2018 17:12

Not sure if the below was ever mentioned before...it is not a new article in Russian press but still worth a read and a research too,its just over one year old,december 2016 but very interesting...«AmurLenta». On the eve of the meeting the governor of the region Alexander Kozlov met with the director of the British company Amur Minerals Corp Lewis Rendolph.It was about financing a project to develop a copper-nickel deposit Kun-Magnier in the Zeya district. The license for the extraction of copper, platinum, cobalt and other minerals belongs to CJSC "Kun-Magnier" (a subsidiary of Amur Minerals in Russia).Now everything depends on our design, which we are now very tightly engaged. Much has been done in the past and this year. Next year, when the exploration is completed, the design will begin, primarily roads. There is a search for investors, - said the director of Amur Minerals.The day before this meeting, Alexander Kozlov met with a potential Chinese investor - a representative of the company "Hannun"

[carl valentin] 22/2/2018 17:10

hxxps://books.google.de/books?id=kODn0nFL1gYC&pg=PA139&lpg=PA139&dq=police+school+villingen&source=bl&ots=jJHXHRz1Aw&;sig=ejXSJ7tdIuKNvWe2hVT2yJ61Su4&hl=de&sa=X&ved=2ahUKEwjo79mK_rnZAhXD_qQKHcQkBNIQ6AEwGXoECAQQAQ#v=onepage&q=police%20school%20villingen&f=false

Project .amur minerals. trainees best work datas to interpol russia uk eu foreign financial crimes hwo is hwo ended
Please go to bed and tommorow do the right decission.
The chinese trainees did only their work.

[tadastadska] 22/2/2018 16:44

We should be researching Chinese company Hannun...