The combined profit of Amur Minerals, developing the Kun-Manye deposit in Amur region, in January-June totaled $924 thousand as opposed to a loss of $3.6 million in H1 2018.

The result was mostly due to the currency exchange rate fluctuations.

Moreover the company was able to decrease prospecting expenses to $161 thousand from $1.3 million.

Operational losses grew by 9%, to $1.2 million. (Ukrainian metal)

Leave a Reply