Amur Minerals is an AIM listed mineral exploration company focused on base metal projects in the Far East of Russia. The feasibility study forecasts for the Kun-Manie project’s annual production rate to be 12,4m tons of ore, and the pre-production capex is estimated at USD 1,14bn.
The project was led by Senior Partner Anton Sitnikov. The team also included Senior Associate Gulnara Aleeva (M&A), Principal Associate Alexander Gavrilov (Regulatory and Antitrust) and Associate Oxana Lobova (M&A).
The deal has been closed at the beginning of March 2023 for a total consideration of USD 35m. Further details can be found at Amur Minerals website – Completion of disposal of Kun-Manie Project for US$35 million (amurminerals.com).