Amur Minerals Corporation (AMC)

Sector:

Mining

 0.090p
   
  • Closing Price Chg:
      0.000p
  • 52 Week High: 1.84
  • 52 Week Low: 0.090
  • Currency: UK Pounds
  • Shares Issued: 1,392.87m
  • Volume: 0
  • Market Cap: £1.25m
  • RiskGrade: 404

Amur Minerals completes construction of ice road

Date: Wednesday 06 Mar 2013

LONDON (ShareCast) - Amur Minerals Corporation, a nickel-copper sulphide mineral exploration and resource development company, has completed the construction of its winter ice road from the Baikal - Amur rail siding to its Kun-Manie project.

The road is constructed every year and is used by the comnpany to restock the project site for the upcoming field season.

The group said that fuel, supplies, spare parts and drill materials are currently being transported along with road, which will continue over a period of four months.

The restocking process will enable the company to drill approximately 6,000 metres using the LF-90 Boart Longyear rig which the company purchased in early 2012. Last year's average drilling cost per metre was reduced from more than $250 per metre to $165 per metre due to the purchase of the rig precluding the need to utilise more expensive contract drilling services.

Chief Executive Officer Robin Young of Amur Minerals, said: "We are pleased to be setting up for our 2013 field season during which we intend to undertake the initial drilling within one of our prime exploration targets at Kun-Manie. Geochemical sampling, geophysical surveys and trenches confirm that the Kubuk area could contain a substantial mineralised zone of more than three kilometres in length."

The share price fell 3.86% to 5.6p by 14:40.

NR

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

AMC Market Data

Currency UK Pounds
Share Price 0.090p
Closing Price Change 0.000p
% Change 0.00 %
52 Week High 1.84
52 Week Low 0.090
Volume 0
Shares Issued 1,392.87m
Market Cap £1.25m
RiskGrade 404

AMC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
34.66% above the market average34.66% above the market average34.66% above the market average34.66% above the market average34.66% above the market average
38.81% above the sector average38.81% above the sector average38.81% above the sector average38.81% above the sector average38.81% above the sector average
Value
34.66% above the market average34.66% above the market average34.66% above the market average34.66% above the market average34.66% above the market average
38.81% above the sector average38.81% above the sector average38.81% above the sector average38.81% above the sector average38.81% above the sector average
Income Not Available
Growth Not Available

AMC Dividends

  Latest Previous
  Special Interim
Ex-Div 01-Jun-23 n/a
Paid 14-Jun-23 n/a
Amount 1.80p 0.000¢

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

AMC Key Personnel

CEO Robin Jay Young

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