An independent review has projected an “encouraging” price tag of $1.78/lb of nickel-in-concentrate delivered to Ulak rail station, located on the Baikal Amur rail line, from the potential Kun-Manie nickel-copper sulphide project, in Russia, said Aim-listed Amur Minerals on Monday. The appointed mining consultancy RPMGlobal Asia (RPM) projected all-in operating costs of $24/t of ore to deliver concentrate to the planned Ulak rail station, lower than Amur’s estimated cost of $26/t in the first quarter of 2015.
