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Mining Capital

Amur Minerals highlights significant increase in underlying earnings for Kun-Manie

Robin Young, chief executive at Amur Minerals Corporation (LON:AMC), discusses with Proactive's Andrew Scott an increase in the projected global underlying earnings (EBITDA) assessment of the mining potential at the Kun-Manie nickel copper sulphide project.

The projected EBITDA has increased by 78.75% to US$2.7bn, up from US$1.6bn a year ago.

Young says the increase is attributable to mining Maly Kurumkon/Flangovy (MKF) by a combination of open pit and underground extraction methods in lieu of open pit only production.

 

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