New legislation expected to positively impact Kun-Manie operation
Amur Minerals Corporation (“Amur” or the “Company”), the nickel copper sulphide exploration and development company focused on base metal projects located in the far east of Russia, confirms that the Mineral Resources Extraction Tax (“MRET”) and Profits Tax (“PT”) have been passed into law by the Russian government effective from 1 January 2014. This reduction in both the MRET and the PT (draft legislation announced 9 April 2013) will positively impact the proposed operation at the Company’s Kun-Manie project.
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