Company
Eurasia Mining PLC
LON:EUA
Eurasia Mining PLC is an international mining and mineral exploration company, focussed on Russia. The company's stated objective is to produce and explore for platinum group metals (PGMs) and gold through self-funded own exploration targets and joint venture partnerships with strategic operators and local partners. Projects are subject to an initial evaluation for viability and once this is established further exploration work is carried out to feasibility study level. It is then the company's intention to either proceed to develop the project to production or partner the project with a suitable operator.
366 stories · page 1 of 4
Eurasia Mining granted approval for feasibility study in Kola peninsula
Management changes have been made to facilitate possible sale of Russian mining assets
Eurasia Mining continues to make progress on platinum assets, with plenty of cash on hand
Eurasia has sizeable platinum group metals projects in Russia
Eurasia Mining names M&A expert as new non-executive director
The experience of Artem Matyushok "can significantly speed up our Russian assets sale process", said Eurasia chairman Christian Schaffalitzky
Eurasia Mining says its closely monitoring Russia sanctions
In a statement, it said: “no individual or entity identified in the sanctions is associated with the company in any way."
Eurasia Mining reiterates no impact on operations from Russian sanctions
No individual or entity identified in the sanctions is associated with the company in any way
Russian-linked mining companies' shares rise on sanctions update
Eurasian Mining and Amur Minerals said they would not be affected by new sanctions imposed on Russia
Eurasia Mining says it is splitting PGM assets into new subsidiary
The company updated on its PGM subsidiary and its 'good progress despite the current geopolitical context'.
Eurasia Mining announces detailed reserves and resources breakdown by metal
JORC-compliant reserves and resources will be announced separately
Eurasia Mining outlines new opportunities in hydrogen/ammonia production
With the opening of its Japan office and the appointment of director Tamerlan Abdikeev, Eurasia has identified opportunities in hydrogen/ammonia production that are complementary to the PGM business in Russia.
Eurasia Mining targets Japan with new board member
Kosaka is currently the chair of the Kono foundation
Eurasia Mining reports Tier-1 scale resource estimate for NKT nickel-copper-PGM mine
"We are delighted that a relaunch of the NKT nickel-dominant mine generates a significant NPV of $1.2-1.7bn," said chairman Christian Schaffalitzky
Eurasia Mining signs cooperation agreement with state-owned Arctic Region Development Corporation of Russia
Eurasia controls huge areas rich in platinum and palladium mineralisation
Eurasia Mining mulls additonal listing on Moscow Stock Exchange
The company's stated objective is to produce and explore for PGMs and gold through self-funded exploration targets and joint venture partnerships with strategic operators and local partners
Eurasia Mining obtains additional exploration license at West Kytlim project in Russia
West Kytlim is an operating platinum, palladium, iridium, rhodium and gold mine
Eurasia Mining says potential asset buyer completes due diligence
Other options for the assets are also being advanced concurrently said the explorer
Eurasia Mining completes US$15mln fundraising
Eurasia Mining has extensive interests in platinum and palladium in Russia
Eurasia Mining to raise £11mln in private placement to fund Rosgeo joint venture
In March, Eurasia signed a binding agreement to create a joint venture with Rosgeo in which Eurasia will own a 75% equity stake in nine platinum group metal and battery metals assets
Eurasia Mining increases production forecast at Loipishnune, West Nittis open pits
The miner has completed a detailed mining plan for the first five years of the project
Eurasia Mining highlights operational progress after share price jump
The shares continued to rise today and were up 24% at 23.0 pence in mid-morning trading
Eurasia Mining commissions three plants at West Kytlim
The electricity powerline project is also progressing on schedule
Eurasia Mining appoints new chief executive for local Russian subsidiaries
Eurasia has built up a very significant portfolio of platinum group metals assets in Russia
Eurasia Mining continues to consolidate platinum and battery metals joint venture in Russia
Eurasia has built up a strong track record of successful operations in Russia over the years
Eurasia Mining completes US$20mln placing to finance joint venture with Rosgeo
The company completed a private placement of 53.3mln shares and warrants to a single institutional investor
Eurasia Mining announces potential asset sale
"We are delighted to have received a proposal from a credible party that could allow us to pay a significant dividend to all shareholders,” said executive chairman Christian Schaffalitzky
Eurasia Mining boosts Russian footprint with new joint venture
Eurasia Mining has established itself as a considerable force in Russian PGMs
Eurasia Mining mourns death of longest-serving director
His main initiative in recent years was to develop the company's environment, social and governance principles
Proactive news headlines: Eurasia Mining, genedrive, Woodbois, Greatland Gold ...
A glance at some of the day's highlights from the Proactive Investors newswire
Eurasia Mining investigates sale of 27,400,000 shares by Alexei Churakov
The company said Churakov has now notified it that he sold the shares to cover an urgent and critical cash call
Eurasia Mining hails approval of production increase plans for Urals project
Stripping and earthmoving activities at Kytlim are ongoing and unaffected by COVID-19, the miner said
Eurasia Mining confirms it has received non-binding offers in respect a possible acquisition of the company
The group said progress to date has been slower than expected reflecting the complexity of the process, involving several parties and structures, as well as external factors including coronavirus (COVID-19) related travel restrictions
Eurasia Mining says it expects final definitive feasibility study approval this month
The approval process is advancing and final approval is now expected soon
Eurasia Mining boasts strong finances as sales process continues
The company's finances are the best they've been in the past decade, Christian Schaffalitzky said.
Eurasia Mining shuffles management team to focus on sale
Christian Schaffalitzky, the group's executive chairman said: "This reorganisation is designed to optimise our execution team"
Eurasia Mining gets licence for Monchetundra Flanks
Eurasia has a long track record of successfully operating in Russia
Eurasia Mining raises US$10mln as work continues on its Russian projects
Eurasia has built up a strong track record of exploration and production in Russia
Eurasia Mining picks up new ground adjacent to West Kytlim
Eurasia has a highly attractive portfolio of platinum group metals assets in Russia
Archive
Proactive news headlines: Eurasia Mining, Tharisa, Ceres Power, Allergy Therapeutics …
A glance at some of the day's highlights from the Proactive Investors newswire
Eurasia Mining soars as it returns to AIM following clarification of relationship with CITIC
The miner also reiterated its announcement from July 1 that it has appointed UBS to assist in a review of its strategic options including asset sales or a sale of the company
Proactive weekly mining highlights: Eurasia Mining, IronRidge Resources, Pembridge Resources, NQ Minerals …
There was once again a steady stream of news from London's small-cap miners this week
Eurasia Mining puts itself up for sale
The miner said it has received “a number of inbound expressions of interest from multiple parties”
Eurasia Mining appoints new Nomad and NED, updates on suspension
The miner said it has appointed SP Angel as its nomad and joint broker with immediate effect
Eurasia Mining chairman says operations ‘ongoing’ without any impact from coronavirus pandemic
The platinum miner said while the pandemic had not affected its operations, it was maintaining its £600,000 cash position as well as a currently unused credit line of US$1mln (£806,505) from its largest shareholder
Eurasia Mining shares suspended as it clarifies relationship with CITIC
The company said further updates will be made shortly
Archive
Proactive news snapshot: Bluebird Merchant Ventures, Keywords Studios, Alien Metals
A round-up of all the events on the Proactive newswire on Tuesday
Eurasia Mining receives approval for Monchetundra flanks project
“We look forward to the formal license issue, which is in line with our strategy to become one of the largest alluvial PGM operations globally”
Eurasia Mining climbs as it says licence applications for Monchetundra and West Kytlim “progressing well”
As part of its announcements, the company clarified that its Monchetundra flanks area and other locations adjacent to its production licence contained a potential PGM resource of around 15mln ounces
Eurasia Mining hails “step change” in development as it takes full control of production at West Kytlim
The miner said it was fully financed to begin the 2020 season without having to employ contractors, meaning it will now receive 100% of revenues compared to its previous share of 30-35%
Eurasia Mining says talks continue with VTB Capital and CITIC Group
VTB Capital and CITIC Group have started to work on Eurasia’s behalf, but no engagement letter has been signed and no success fees have been agreed
The palladium price went on a tear in October, but who stands to gain and will the price strength continue?
Palladium is now the most expensive of all the precious metals
Eurasia Mining appoints Russian adviser to assist on strategic sales
“We have been fortunate to have his advice for over 10 years and he has made the tasks of licencing our projects much easier”
Archive
Proactive Mining Highlights: Eurasia Mining, BlueRock Diamonds, Bushveld Minerals ...
A look back at some of the top news from London's small-cap miners
Eurasia’s fourfold share price increase across two days shows the truth in the old adage that cash is king
Eurasia Mining's shares are enjoying a sudden resurgence
Archive
Proactive news snapshot: Eurasia Mining, AFC Energy, IXICO, BlueRock Diamonds …
A glance at some of the day's highlights from the Proactive Investors newswire
Eurasia Mining in “strong financial position” thanks to cashflow from Russian operations, exercise of warrants
It received notification from holders on Friday that warrants over 16.05mln ordinary shares had been exercised at a price of 0.53p each
Eurasia Mining says VTB Capital and CITIC Group to assist with “strategic options” for its mining assets
The firm said the Russian and Chinese banks started assessing the plans even before signing their respective engagement letters
Eurasia Mining believes flanks area can boost Monchetundra resource 'severalfold'
The area between the Loipishnune and West Nittis deposits is also seen as having significant potential.
Eurasia Mining appoints strategic advisor as SA group runs rule over assets
The visit was arranged by Russian M&A mining specialist Alexei Churakov, who is also to join the Eurasia board as a strategic advisor.
Eurasia Mining signs EPC contract with Sinosteel, continues work required to trigger finance package
The Monchetundra project is dominated by palladium mineralisation
Investments and investor services
FTSE 100 closes higher as global markets buoyed by Fed's hint on rates
Carnival and Evra were the two big fallers among Footsie constituents
Archive
After Federal Reserve decision, ECB boss comments, Bank of England expected to stand pat on rates
Aside from the BoE Monetary Policy Committee decision, the Day Ahead will also bring updates from two mid-cap retailers - Dixons Carphone and N Brown Group
Archive
Proactive news snapshot: Union Jack Oil, Ethernity Networks, hVIVO, Intosol Holdings …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Amigo friendless after broker downgrade
A look at the day's major movers, including Primorus, Staffline, Dukemount, Premier Technical Services, Babcock, Hummingbird and Serabi Gold
Investments and investor services
FTSE 100 closes higher Monday, just, as traders sit on hands
Footsie closed around 11 points higher at 7,357 at the start of the week, while mid-cap cousin FTSE 250 gained over 39 points
Archive
Proactive weekly mining highlights: Asiamet Resources, Salt Lake Potash, Pembridge Resources ....
It was a busy week for the small cap mining companies
Archive
Federal Reserve rate decision to dominate in week ahead, with BoE meeting likely to be dull
The corporate diary is fairly sparse, but there are some bright spots, notably updates from refocused blue chip hotels group Whitbread and housebuilder Berkeley Group
Archive
Scapa boss not scarpering after all
A look at the day's major movers, including Helical, Ocado, Thomas Cook, Scapa, Dods Group, Rockfire Resources and Avesoro Resources
Archive
Proactive news snapshot: AfriTin Mining, Union Jack Oil, Eurasia Mining …
A glance at some of the day's highlights from the Proactive Investors newswire
Eurasia Mining obtains further approvals for West Kytlim, plans upgrades to reserves
Eurasia is building a track record of success in Russia
Investments and investor services
FTSE 100 closes higher as trade tensions ease
The UK's index of leading shares finished the first day of the trading week around 46 points higher at 7,378
Archive
Proactive news snapshot: Argo Blockchain, Sareum Holdings, WideCells Group …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
EQTEC gives ground as it draws on its loan facility
A look at the day's major movers, including Carclo, Sareum, Karelian, Kier, Fulcrum, Microsaic, Dignity and Scapa
Mining at Eurasia’s West Kytlim project underway since first quarter, full scale production since second quarter
Knowledge gained from last year's season will be applied to this year's campaign
Investments and investor services
FTSE 100 closes higher despite continued trade worries
The UK's blue-chip benchmark added over 23 points to close at 7,184
Archive
Proactive weekly mining highlights: Pan African Resources, Anglo Asian Mining, BlueRock Diamonds ...
A look back at some of the top news from London's small cap mining scene
Archive
Toople topples as investors sell the half-year news
A look at the day's major movers in London on Wednesday, including Yu Group, Argo Blockchain, Tavistock Investments, Finablr, Moss Bros, Speedy Hire and Indivior
Archive
Proactive news snapshot: Argo Blockchain, Tavistock Investments, Be Heard Group …
A glance at some of the day's highlights from the Proactive Investors newswire
Eurasia Mining posts maiden gross profit during “key” 2018
Eurasia said 2018 was a “key” year for its development, having recorded a maiden gross profit and obtained a mining licence on its flagship Monchetundra project
Archive
Proactive news snapshot: Xpediator, Kibo Energy, Mirada …
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
Loungers sees good start to first day of trading on AIM
A look at some of the biggest risers and fallers in London on Monday
Eurasia Mining set to resume operations at West Kytlim after winter break
A gravity separation device has been installed to improve recoveries of platinum
FTSE 100 closes higher after US inflation data
It comes after latest data showed that core inflation in the US was flat last month (March) while consumer spending rose
Eurasia Mining announces £500k equity raise to support ramp-up of key projects in Russia
Eurasia Mining has zero debt and expects to be cash positive this year
Archive
Proactive news snapshot: ANGLE, Galantas Gold, SkinBioTherapeutics …
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
Proactive's weekly mining highlights: Shanta Gold, Ariana Resources, Mkango Resources...
A look back at some of the top highlights from UK junior miners over the past week