Eurasia Mining

• 04/04/12

  Issue of Equity

• 04/01/12

  Share Price Movement

• 30/11/11

  Total Voting Rights

• 07/11/11

  Issue of Equity

• 28/09/11

  Completion of Placing

• 

  29/09/11

  Eurasia Mining’s Schaffalitzky upbeat on prospects for platinum project

  Patient investors kicked in £468,500 via a placing yesterday to fund ongoing exploration in the Urals, where it is planning to establish an alluvial platinum mining operation. We spoke to chief executive Christian Schaffalitzky about the group’s ongoing licence talks with the Russian authorities and its exciting, but somewhat overlooked, potential.

• 

  29/10/10

  Eurasia Mining extends exploration license for West Kytlim platinum project until Dec 2012

  Eurasia Mining (LON:EUA) was successful in its bid to extend the exploration license at West Kytlim, allowing it to fully explore further platinum discoveries made in the area.

   

• 

  26/06/08

  understated progress

  2008?s workload at Volchetundra is focused on drilling at both Ol?che and Yukspor, and exploratory drilling in between to establish whether there is continuity of mineralisation along strike between the two target areas.
• 

  06/06/07

  Eurasia Mining: Revisited

  Exploration funding to the tune of $10 million is being provided by AmPlats as part of their 50% joint venture earn-in, and is deemed to be enough to cover all work until at least the end of 2008. 80% of the projects are held in the joint venture company ? Urals Alluvial Platinum - and the remaining 20% is owned directly by Eurasia, giving them a 60% interest overall in a portfolio with high potential.

• 04/04/12

  Eurasia Mining raises £2.885 mln in private placing

• 28/09/11

  Eurasia Mining raises £468,500 with share placing

• 09/09/11

  Eurasia Mining continues evaluating investment opportunities in Russia and FSU

• 08/09/11

  Eurasia Mining increases Russian-classed reserves at West Kytlim platinum project

• 06/06/11

  Eurasia Mining seeks further success in 2011

• 

  08/10/2008

  Eurasia Mining Presentation (PDF)

  Eurasia Mining Presentation to Proactiveinvestors
• 

  29/09/2008

  Eurasia Mining CEO Interview (MP3)

  Eurasia Mining talks to Proactiveinvestors about all things Platinum and Russian.
• 

  10/05/2007

  Proactive Audio Interview With Eurasia Resources (MP3)

  Christian Schaffalitzky, Managing Director & COE of Eurasia Mining talks to Proactive Investors about recent platinum exploration successes in North West Russia, moving an alluvial platinum mining project towards production, joint ventures with Anglo Platinum, doing business in Russia and plans for the future.

Eurasia operates throughout Russia which is one of the world's main suppliers of Gold and PGMs. Russia already has a well developed mining sector infrastructure.

Eurasia Mining Plc is an international mineral exploration company, listed on the Alternative Investment Market (AIM), currently operating in Russia.

Eurasia's stated objective is to explore for the platinum group of metals (PGMs) and gold through self-funded own exploration targets and joint venture partnerships with strategic operators and local partners. Operations are funded from the company's own equity funds and funded joint venture agreements. Projects are subject to an initial evaluation for viability and once this is established further exploration work is carried out to establish feasibility study level. It is then the company's intention to either proceed with developing the project to production or partnering the project with a suitable operator.

Eurasia Mining plc is incorporated in England and Wales and listed on AIM in London. Eurasia's main area of operation is in The Russian Federation.

In conjunction with working on current projects, the company has sought and assessed advanced precious metal projects in Russia and is continually assessing both Platinum Group Metals and Gold.

The company is targeting projects where discoveries have been made but where the size and potential has not been estimated. These latter projects are of interest because with modest exploration investment considerable value can be added quickly.

In addition to the three areas below, considerable efforts are targeting the acquisition of more advanced gold projects in Russia.

      

URALS ALLUVIAL JOINT VENTURE

   1. Eurasia working in joint venture with Anglo Platinum,
       world's largest platinum mining company
   2. Anglo earning 50% interest by funding work to completion of feasibility study
   3. Bulk sampling in 2007 with mining planned in 2008. (read more)

URALS BEDROCK

   1. New palladium gold mineralization discovered by Eurasia
   2. Potential open pit resource identified at Kluevsky
   3. Drilling underway to assess size and grades (read more)

KOLA/RUSSIA

   1. Good platinum grades identified in all three project areas - Basis of work programmes in 2007
   2. Monchetundra - PGM mineralised zone discovered in 2005 confirmed and detailed in 2006
   3. Monchetundra - Two other zones remain to be explored in detail
   4. Volchetundra - A new PGM discovery in one drill hole in 2006
   5. Fully funded for at least next two years of drilling
   6. Exploration programme of over $3 million for 2007 with 10,000 metres diamond drilling planned (read more)

Michael Martineau, MA, D.Phil, FIMMM - Non-executive chairman

Following a First Class Honours degree and a Doctorate in Geology from Oxford University, he has had 30 years experience in the mining and minerals industry. He was in charge of global exploration for BP Minerals International later becoming Exploration Director of its Australian listed subsidiary, Seltrust. In 1987, he joined Cluff Resources PLC, as Director Minerals and Managing Director of Cluff Mineral Exploration Limited. In 1989 he co-founded Samax Resources, which listed on the Toronto Stock Exchange in 1996 and which was acquired by Ashanti Goldfields in 1998. He is currently Deputy Chairman of Axmin Inc., a Director of Golden Star Resources Limited and First Quantum Minerals.

Christian Schaffalitzky, BA (Mod), FIMMM, PGeo, CEng - Managing Director and CEO

With over 30 years experience in minerals exploration, Christian Schaffalitzky was a founder of Ivernia West PLC, where he led the exploration, discovery and development of the Lisheen world class zinc deposit in Ireland. More recently, he was Managing Director of Ennex International PLC, an Irish quoted mineral exploration company, focused on zinc development projects. He has also been engaged in precious and base metals minerals exploration and development in Russia and the former Soviet Union. He is an independent director on the boards of two Russian companies, Raspadskaya Coal Company and Chelyabinsk Zinc Plant and is a director of the Irish oil and gas company Petroceltic International plc.

Gary FitzGerald - Non-Executive Director

He was previously a Director of Framlington Investment Management Limited and has over 30 years experience in investment management. He has diverse experience of emerging markets including the launch of the first fund for investing in Russia in the early 1990’s.

Dmitry Suschov - Non-executive Director

He is currently a director of Deloan Investments Limited and the following Russian and Ukrainian companies: Daltekhgas (Open Joint Stock Company), Kiev Oxygen Works (Closed Joint Stock Company), and Pivdentekhgas (OpenJoint Stock Company). He has also been a director of NH Capital Limited, Dutch Noble House Limited and Noble House Kazakhstan Limited. He is an Investment Banker with extensive experience in the Russian resources industry and has previously worked with IG Capital (former Lukoil- Reserve-Invest), MDM Bank, PricewaterhouseCoopers and Ernst&Young as mining & metals leader in corporate finance for Russia and CIS.

Michael de Villiers, B Comm. - Chief Financial Officer

Mr de Villiers qualified as a professional accountant with Ernst & Young in Cape Town and gained some fourteen years experience as financial manager at various mining and chemical operation in Namibia, Botswana, South Africa, Ghana and Bulgaria before moving to London in 1999 to become the finance director of Navan Mining Plc and then Oxus Mining Plc.

William Anderson, M Sc, B Sc, FAus IMM - Exploration Manager

During over 20 years with WMC Resources, he rose from chief geologist at Hill 50 Gold Mines and the Emperor Gold Mines in Fiji to occupy the post of general manager at Emperor and subsequently general manager at Kalgoorlie Gold Operations and Kambalda Nickel Mines, in Western Australia and finally chief executive-Brazil. He joined the company in 1997, and has since had responsibility for the development of its platinum group metals projects in Russia.

Updated from Eurasia Mining website 13.09.11

Connect with Facebook to view or add comments for this company