IN BRIEF: Amur Minerals Loss Widens, Focused On Russia Project TEO

Amur Minerals Corp - Russian mineral exploration company - Reports pretax loss of USD1.5 million ...

Alliance News 30 September, 2020 | 3:31PM
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Amur Minerals Corp - Russian mineral exploration company - Reports pretax loss of USD1.5 million for six months to June 30, widening from USD1.3 million a year ago. Administrative expenses rise to USD1.3 million from USD1.2 million. Says fully focused on the completion of the permanent conditions TEO with remaining technical studies "very nearly" completed. The TEO is an independently compiled Russian feasibility study which enables the company to proceed to the next stage of development at the Kun-Manie nickel copper sulphide project in Russia.

Current stock price: 1.845 pence

Year-to-date change: down 7.1%

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Amur Minerals Corp 1.77 GBX 3.36 -

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