Amur Minerals Share Discussion Threads

[gizmohican] 13/5/2021 08:12

Given what EUA has achieved there is still hope for us!

[bwana4] 13/5/2021 07:56

Yes that is very good news for the share holders there.
Perhaps one day our boat too would come in. ATB.

[1liam] 12/5/2021 23:56

Apologies for posting the belowIN BRIEF: Eurasia Mining receives proposal from party to buy assetsSource: Alliance News

[bwana4] 11/5/2021 07:31

I read nothing that Captain Pugwash writes !!

[gizmohican] 11/5/2021 06:40

China moves to cool rally as iron ore prices explode
MINING.COM Staff Writer | May 10, 2021 | 10:05 am Intelligence Markets Top Companies Australia China Latin America Iron Ore
The recent deterioration of China-Australia relations and disappointing output figures from Rio Tinto and Vale have also helped to fuel the rally.
Train carrying iron ore. Stock Image.
China’s commodity exchanges on Monday moved to raise trading limits and margin requirements for some iron ore contracts and reinstated fees on steel futures as a blistering rally in the ferrous metals complex showed no signs of abating.


Benchmark 62% Fe fines imported into Northern China (CFR Qingdao) hit a new high on Monday, changing hands for $230.56 a tonne, up 8.62% from Friday session, according to Fastmarkets MB.

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The high-grade Brazilian index (65% Fe fines) also advanced to a record high of $263.00 a tonne.

The Dalian Commodity Exchange said it would raise trading limits and margin requirements for iron ore contracts for delivery in June, September, October and December, as well as for January-April 2022 from the May 11 trading day, without providing figures.

THE IRON ORE SECTOR “IS VERY, VERY HOT”
Vivek Dhar, commodities analyst at Commonwealth Bank of Australia
The Dalian bourse also warned market participants to control risks amid fluctuations in prices of iron ore, coking coal and coke, in a statement on its website.

Several trends, including optimism that central banks will retain supportive policies even as the global economy recovers triggered Monday’s gains in iron ore.

Expectations that China will tighten environmental rules have added to the bull case for copper and fueled speculation that steelmakers may front-load iron ore purchases before new curbs kick in.

The recent deterioration of China-Australia relations and disappointing output figures from Rio Tinto and Vale have also helped to fuel the rally.

Operational problems and heavy rains affected iron ore shipments in Brazil in the first quarter. The North System, which has a 206 million tonne output capacity per year delivered 55 million tonnes from January to April, up from 51.7 million tonnes during the same period last year.

“Demand today is higher than the system’s capacity to meet additional supply, leading to an imbalance that is reflected in prices,” analyst Ilan Arbetman told Notícias de Mineração.

The iron ore sector “is very, very hot,” Vivek Dhar, commodities analyst at Commonwealth Bank of Australia, said in a Bloomberg Television interview.

“Supply is still not able to meet that strong demand.”

The boom comes as China’s steelmakers keep output rates above 1 billion tonnes a year, despite a swath of production curbs aimed at reducing carbon emissions and reining in supply.

Those measures have boosted steel prices and profitability at mills.

Erik Hedborg, Principal Analyst, Steel at CRU Group said:

“Recent production cuts in Tangshan have boosted demand for higher-quality ore and prompted mills to build iron ore inventories as their margins are on the rise. Iron ore producers are enjoying exceptionally high margins as well, around two-thirds of seaborne supply only require prices of $50 /dmt to break even.”
Steelmakers in the rest of the world, such as ArcelorMittal SA, are also enjoying a boom as demand bounces back from pandemic lows.

“There is a chance that ex-China demand can come back to such an extent that we still see steel demand pick up globally and that will see iron ore demand remain at these elevated levels,” CBA’s Dhar said.

[patio58] 10/5/2021 15:58

It's 6 years ago since Errol Brown died....You don't remember him do you?

[roofer2] 10/5/2021 07:56

AMC are going for a massive push on the recruitment side too, “man with wheel barrow wanted for immediate start !”
Looking good here now !
Imo

R2

[roofer2] 10/5/2021 07:53

The rumour of a JV with Meccano have been doing the rounds all weekend, not been RNSd yet !
Imo

R2

[madengland_] 10/5/2021 07:23

Many thanks interesting

[northpole34] 09/5/2021 21:51

Nice, thanks for the link

[trickydickytwo] 09/5/2021 16:16

DRH3

Good spot. Thanks for posting.

TDT

[drh3] 08/5/2021 21:59

interesting slides (35-36) on this presentation.... hxxps://talonmetals.com/wp-content/uploads/2021/05/TLO_Presentation_May_2021.pdf

[madengland_] 07/5/2021 08:29

Well Giz you would hope RY is not doing sweet FA but it's possible. He clearly isn't concerned that his shareholders are left hanging without any form of communication despite suffering considerable losses from delays, boardroom shenanigans and poor communication. I wander what he thinks when he looks in the mirror each day? Personally I think he should be pretty ashamed

[gizmohican] 07/5/2021 08:18

Iron ore, copper and nickel prices booming, and wats robin young doing.....sweet FA!

[gurunostradamus] 06/5/2021 07:45

Rocket in the downward direction!

[madengland_] 05/5/2021 12:37

Very true on both points..... the eerie deafening silence. CT was a ramping entity as for RY, he may well be doing the right things for the long term but his attitude towards his shareholders is shameful

[inaminute] 04/5/2021 17:40

A badge of honour. CT has called so many false dawns he is an embarrassment. We need real news.

[showercubicle] 04/5/2021 13:45

Didn't know Robins hibernated for 12 months of the year.

[madengland_] 04/5/2021 13:18

Giz how funny is that!