Amur Mining, Russia Metals and Mining
Kun-Manie (affiliate of Amur Minerals, UK) plans in 2018 to complete geological exploration works at the copper nickel deposit Kun-Manie in the Amur region.
Amur Minerals Corp is about to increase nickel reserves of the deposit Kun-Manie in the Amur region by 2.8 times to 860 thousand tons, copper - 3 times to 260 thousand tons, director L.Randolph say
The Federal Anti-monopoly service of Russia considered a request of Petropavlovsk Plc to acquire 100% of the registered capital of “Amur zoloto” LLC.
Within the framework of the deal on an acquisition of “Amur Zoloto” LLC gold-mining company Petropavlovsk ordered asset pricing in a consulting company SRK Consulting.
Gold production in the Amur region will keep the level of 2015 and make up about 25 tons in 2016-2017, Minister of Natural Resources of the Amur River region Y.Privalov stated.
The enterprises in Khabarovsk region increased placer gold production twice up to 0.56 tons since the start of washing season, press-service of the regional government stated.
“Such figures have been mainly reached owing to early spring. We managed to start development at the beginning of May. Readiness of the enterprises played a major role too. Gold-mining cooperatives “Far-Eastern resources” and “Vostok”, which operate in the area named after P.Osipenko and Nikolaevo district, showed the best results,” deputy head of the department for subsurface use of the regional Ministry of Environment A.Volkov said.
Amur Minerals has announced about the completion of the evaluation of the resources at the Kubuk site at the Kun-Manie deposit in the Amur region. In comparison to the previous evaluation, the deposit’s copper and nickel ore resources increased by 25% to 25.7 million tons with average nickel content of 0.52% and copper content of 0.15%. The prospected nickel resources increased by 12% to 133,000 tons, copper resources increased by 20% to 39,400 tons and the platinum group metal resources increased by 33% to 7.2 tons.
The authority of the Amur Region is about to support the Closed Joint-Stock Company “Kun-Manie” (part of Amur Minerals) in the receipt of state subsidies for the construction of infrastructure for the development of the same named field, the governor of the Amur region, A.Kozlov said in an interview with RIA Novosti.
Issues of development of the mining industry of the Khabarovsk Region have become the subject of discussion in the regional government. During the meeting, participants discussed measures to increase the production of precious metals in the Khabarovsk Region. For example, new mining and processing plants are planned to be build in the region.
The first Deputy Chairman of the Government for Economic Affairs Vasiliy Shikhalev held a meeting of the board of the Ministry of Natural Resources.
The Americans and the Canadians can start developing the Malmyzhsk deposit.
As the "Kommersant" informs, the government is ready to allow "Amur Minerals", a joint venture of the American Freeport-McMoRan (49%) and the Canadian IG Copper (51%), to develop a large Malmyzhsk copper-gold deposit in the Khabarovsk Region. Malmyzh relates to mineral resources of federal significance, and, despite the fact that " Amur Minerals" was a pioneer, the government could ban the production for the company. JV plans to invest $ 1.5 billion into the project in the presence of co-investors, but experts are skeptical about the prospects.