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Eurasia Mining close to production at West Kytlim in Russia

Plans for refining the concetrate will be announced shortly

picture of platinum on trays
A refining deal is expected shortly

Eurasia Mining plc (LON:EUA) expects to produce the first concentrate from its West Kytlim alluvial platinum prospect in Russia in ‘a matter of weeks,’ according to its managing director.

“We anticipate that the final components of the washplant will be delivered and the washplant commissioned within two to three weeks, which gives us enough time to complete the tailings dam and install the final elements of the mine design, including the facility for upgrading to a shippable black sand concentrate,” said Christian Schaffalitzky

“We are also finalizing our plans for metal refining which will be announced shortly," he added.

Russian firm SK Region-Story (SKRS) is carrying out the work at West Kytlim on a toll basis in return for a 70% share of revenues.

Quick facts: Eurasia Mining PLC

Price: 29 GBX

AIM:EUA
Market: AIM
Market Cap: £800.02 m
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