Amur Minerals, the exploration and development company focused on Far East Russia, has received formal notification that the Federal Agency on Subsoil Use (Rosnedra) has completed calculation of the one-time payment to convert a portion of its exploration licence to a mining licence on its Kun-Manie nickel copper sulphide project.
At the request of the Ministry of Natural Resources (MNR), Amur Minerals said it had been formally notified by Rosnedra that the one-time payment to convert a selected portion of the exploration licence containing the Kun-Manie nickel copper JORC resources and reserves to a mining licence had been determined.
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