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Amur Minerals (LON:AMC) - District scale nickel?

Friday, Feb 03 2012 by

Feb 03rd 2012 - Edison Investment Research today published a report on Amur Minerals (AMC.L, LSE:AMC, LON:AMC) entitled "District Scale Nickel?". In summary, the report says:

While Amur pursues final approval for its Kun-Manie mining licence with the Russian authorities, recent exploration results achieved over its lease area have led management to believe that what might be at stake is not the exploitation of three discrete deposits (as stated in the November 2007 SRK PFS), but the mining of a new and incredibly rare nickel sulphide district. Although Amur’s licence area is not known to contain massive nickel sulphide, the extent of pervasive lower grade nickel mineralisation at surface lends itself to numerous shallow open pits being mined and, in all likelihood, a call for a new and improved revised feasibility study being completed.




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Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »