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Eurasia Mining PLC Ord 0.1P (EUA)

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28-Sep-2018 03:04 PM

Eurasia Minerals losses narrow as it ramps up production in Russia

Eurasia Minerals booked a narrower first-half loss as it ramped up production at its gold and platinum assets in Russia. Pre-tax losses for the six months through June narrowed to £972k from an on-year loss of £2.1m. Revenue more than double
05-Dec-2017 01:54 PM

Eurasia submits Monchetundra licence application

Eurasia Mining has confirmed that the Monchetundra project mining license application has been completed and submitted for approval. In addition, the Eurasia team is continuing to mine at West Kytlim, with final closure for the 2017 season imminent. Fur
26-Sep-2017 09:14 AM

Eurasia in the red

Eurasia Mining posted a pre-tax loss of £1.1m for the six months to the end of June compared with a profit of £855,090 last time. Revenue of £26,525 compared with nil last time and £139,862 for the 12 months to the end of December
04-Sep-2017 07:38 AM

Eurasia sees progress on projects and off-take talks

Eurasia Mining has made progress towards submission of the production licence application for its Monchetundra project, following the issue of the discovery certificate for the project's 1.9 million ounce palladium equivalent (platinum and palladium)
17-Jul-2017 08:11 AM

Eurasia gets discovery certificate for Monchetundra

Eurasia, the platinum production and gold exploration company, has been granted a discovery certificate for its Monchetundra project's 1.9 million ounce palladium equivalent (platinum and palladium) global reserves and resources. It said this follo
15-Jun-2017 07:39 AM

Eurasia extends Semenovsky tailings heads of terms

Eurasia Mining has announced an extension to the heads of terms agreement with OOO Metallurg Complect, over the Semenovsky tailings project. Eurasia said its exclusive right to acquire up to 67% of the project had now been extended to end of August. I
13-Jun-2017 11:53 AM

Eurasia Mining to present at the Shares Spotlight Evening in London on 21 June 2017

Shares and AJ Bell Media are pleased to present Berkeley Energia, Diurnal and Eurasia Mining at their evening event in London on Wednesday 21 June 2017. The evening event provides an opportunity for board directors from UK listed companies to make a pres
19-May-2017 02:04 PM

Eurasia secures £2m loan facility

Eurasia said it has secured new funding facilities for approximately $2m with three parties. These include its existing funding provider Sanderson Capital Partners, a consortium of investors arranged through Riverfort Global Capital and a further investm
24-Mar-2017 07:57 AM

Eurasia pleased with progress

Eurasia Mining has started production work at the Malaya Sosnovka area within the West Kytlim alluvial platinum and gold mine. And it said an increase in the reserves for the Malaya Sosnovka area had been submitted for approval. It also said that first
22-Feb-2017 08:54 AM

Eurasia draws down £100,000 under Sanderson loan

Eurasia Mining has drawn down a further £100,000 under its loan facility with Sanderson Capital Partners. The drawdown fees of £15,000 have been satisfied by the issue of 2,727,273 ordinary shares at a price of £0.0055 per share, the
17-Jan-2017 03:33 PM

Eurasia gives update on projects

Eurasia Mining has issued an update on the Monchetundra PGM Project, Kola Peninsula, NW Russia, and West Kytlim Platinum and Gold Mine, Ural Mountains. Managing director Christian Schaffalitzky said: "It is encouraging to have had an initial respon
21-Dec-2016 07:48 AM

Eurasia agrees new loan of up to £1m

Eurasia has entered into a new funding facility with a syndicate led by Sanderson Capital Partners Limited of up £1 million. This includes the £500,000 drawn down under the previous loan arrangement with Sanderson, announced on 1 August. Th
03-Nov-2016 08:54 AM

Eurasia updates on three projects

Eurasia Mining has issued an update on progress on its three projects in Russia. Eurasia's West Kytlim platinum and gold project is now in production, first shipments of concentrate began in early September. The Monchetundra Project is in late sta
31-Aug-2016 01:56 PM

Eurasia updates on Semenovsky tailings project

Eurasia Mining has announced what amounts to a maiden reserve calculation under Russian standards for the Semenovsky project where it is working in partnership with Metal Tiger. Highlights: - Reserves approved totaling 2.99 million tonnes of ore g
27-Jul-2016 07:20 AM

Eurasia Mining provides update on West Kytlim mine

Eurasia Mining provided an update on developments at its West Kytlim platinum and gold mine. As reported on 21 June 2016, machinery and personnel from both Eurasia and its contractor SK Region-Stroy (SKRS) are working at the site building necessary infra
04-Jul-2016 07:56 AM

Eurasia update on Semenovsky tailings project

Eurasia Mining has issued an update on progress from the Semenovsky tailings project and assay results from the 2016 metallurgical drilling programme. As reported in RNS dated 26 April 2016, a drilling programme was carried out on site and the samples se
21-Jun-2016 07:40 AM

Mining start-up at West Kytlim under way, says Eurasia

Eurasia Mining, the PGM and gold mining company, has confirmed that the start up operation at its West Kytlim platinum and gold mine has begun. As reported on 25 May, SK Region-Stroy, has been appointed contractor for this work. Under the terms of the a
07-Jun-2016 09:44 AM

Eurasia Mining losses rise

Eurasia Mining posts a pre-tax loss of £1.7m for the year to the end of December - up from £502,500 in 2014. At 31 December 2015 the Group had a cash balance of £104,925 to allow it to continue its core project development, limited to
26-Apr-2016 09:27 AM

Eurasia reports progress at Semenovsky project

Eurasia Mining reports further progress at the Semenovsky tailings project in Bashkiria, Russia. The company says the Russian pre-feasibility study equivalent - the TEO of Conditions - which was submitted to Bashnedra, the local Bashkirian Mines Departme
29-Feb-2016 08:53 AM

Eurasia gives positive update on West Kytlim

Russia-focused PGM explorer and developer Eurasia Mining has confirmed positive developments at its West Kytlim project. Highlights: - The Technical Design Report for the diesel operation at Malaya Sosnovka has been submitted to the Ministry for S
27-Jan-2016 09:41 AM

Eurasia update on West Kytlim project

Russia-focused Eurasia Mining has issued an update on positive developments at the West Kytlim project. In the latter half of 2015 Eurasia secured all necessary approvals and received a production licence for platinum production at the West Kytlim pr
16-Nov-2015 07:44 AM

Eurasia agreement with Metallurg Complect

Eurasia Mining has signed a heads of terms agreement with OOO Metallurg Complect, a Russian minerals company, giving the company the exclusive right to negotiate to acquire up to 67% in a gold tailings opportunity, the Semenovsky tailings project (STP).
08-Jul-2015 02:17 PM

Eurasia's licence

Trading in Eurasia Mining's shares has resumed on AIM after Russia prime minister Dmitry Medvedev approved the company's application for a mining licence of 21.5 square kilometres at West Kytlim in the Urals. The announcement appeared on the
24-Jun-2015 07:21 AM

Eurasia licence gets MNR approval

Russia focused PGM exploration and development company Eurasia Mining says the Ministry of Natural Resources has approved the company's application for a mining licence at West Kytlim and has now delivered the licence submission to the office of Prim
03-Jun-2015 07:54 AM

Eurasia Mining losses narrow

Eurasia Mining posts a pre-tax loss of £502,500 for the year to the end of December - down from £750,339 in 2013. Revenues fell to £3,640 - down from £16,355 last time. Chairman Michael Martineau said the company had moved significantly down the ro
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