Other Industrial Metals & Mining Industry | Basic Materials Sector | Mr. Robin Jay Young CEO | OTC PINK Exchange | VGG042401007 ISIN |
British Virgin Islands Country | 4 Employees | - Last Dividend | 31 May 2024 Last Split | - IPO Date |
Amur Minerals Corporation is an enterprise that focuses on the discovery and development of mineral resources within Russia's Far East. Since its incorporation in 2004, the company has dedicated its efforts towards the identification, evaluation, acquisition, exploration, and development of various mineral projects. With its headquarters stationed in Road Town, British Virgin Islands, Amur Minerals positions itself strategically to manage its operations and investments in the mineral-rich regions of the Russian Far East. This geographic focus not only allows the company access to a wealth of mineral resources but also positions it within a significant distance from the rapidly growing markets in Asia, potentially facilitating the export and trade of its commodities.
Amur Minerals Corporation specializes in identifying potential mineral properties in the Far East of Russia. This initial step involves comprehensive research and analysis to determine the geographical areas with promising mineral deposits.
Once potential properties are located, the company conducts detailed evaluations to assess the viability and value of the mineral deposits. This includes geological surveys, sampling, and preliminary feasibility studies to ensure the project's potential for development.
Following the evaluation phase, Amur Minerals proceeds to acquire rights to the mineral properties that show significant potential. This process involves negotiations, securing permits, and finalizing deals to gain ownership or exclusive exploration rights.
With the mineral properties secured, the company undertakes exploration activities. These activities are designed to precisely determine the size, grade, and accessibility of the mineral deposits. Exploration may include advanced geological mapping, drilling, and comprehensive resource estimation.
Once a property is confirmed to contain viable mineral deposits, Amur Minerals Corporation initiates project development. This phase encompasses designing mine layouts, securing further permits, and establishing infrastructure required to commence extraction and processing of minerals.