Surface Mining
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Amur Minerals Pitches Kun-Manie Nickel Project in Russia to Korean Investors

Published: May 25, 2016 |

[Click image to enlarge]

Amur Minerals has pitched the potential of its Kun-Manie nickel project in Far East Russia to potential investors in Korea.

Through its tie-up with Russia’s Far East and Baikal Region Development Fund, Amur met with a number of Korean state agencies over funding and participation options at Kun-Manie.

These included the Ministry of Strategy and Finance, International Economic Co-operation Division, Korea Investment Corporation, Private Equity Team and a business team from Korea Exim Bank.

Robin Young, Amur Minerals’s chief executive, said: “Our involvement in these high-level government-to-government discussions has been made possible by our relationship with the Far East Fund.

“The economic strength neighboring Korea provides another avenue of project development to us.

“Korean officials are looking to Russia as a source of metals and other materials for their highly industrialized economy and to develop additional service industry related activities such as engineering and construction projects.”

“We will continue our work with the Far East Fund on this type of business development and will move forward into more detailed talks with the Koreans as well,” he added.

Source: ( May 19, 2016) Proactive Investors


About Amur Minerals
Amur Minerals Corporation (AMC) is a developing mineral exploration company focused on base metal projects in the far east of Russia. The company’s principal asset is the Kun-Manie sulphide nickel, copper project located in Amur Oblast, with JORC resources in excess of 830,000 nickel equivalent tonnes. The project also contains the by-product metals of copper, cobalt, platinum, palladium, gold and silver. This resource places it among the 20 largest nickel copper sulphide projects in the world with substantial potential to further expand the resource immediately adjacent to the drill identified deposits of which there are five. Discovery costs per pound of nickel are projected to be in the order of $0.03 US. Geographically, it is located adjacent the three largest nickel consuming markets in the world including China, Japan and South Korea.

To stop by Amur’s website, CLICK HERE


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