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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (6003)	9/4/2007 10:47:21 AM
From: LoneClone	Read Replies (1) of 193687

Amur Minerals H1 losses steady; Kun-Manie pre-feasibility study delayed further 09.03.07, 3:18 AM ET forbes.com LONDON (Thomson Financial) - Amur Minerals Corp, a nickel and copper development company operating in Russia's Far East, posted slightly wider losses for the first half and announced a further delay in the expected release of a pre-feasibility study for its flagship Kun-Manie project. Pretax losses for the AIM-listed company widened to 1.16 mln usd from 1.15 mln in the year-earlier period as the company continued to spend on exploration and equipment. It has no revenue. Amur Minerals said the pre-feasibility study is targeted for release in October. It originally expected the study to be published at the end of June or early July, but in mid-July said that it anticipated a delay of five weeks. The company has also asked SRK, its primary contractor on the pre-feasibility study, to include data from a separate study on the potential of building a flash smelter or electric arc furnace that would enable Amur Minerals to produce a final saleable nickel copper product on or near the site. julie.crust@thomson.com

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