Interims show Eurasia on track with Russian assets
Eurasia Mining continues to make strong progress with its PGM assets in Russia
Company
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.
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Eurasia Mining continues to make strong progress with its PGM assets in Russia
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Where Eurasia identifies potential exploration and mining projects it can collaborate with GoldMint on financing
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Eurasia Mining is progressing towards submitting its mining license application for the 1.9 mln ounces Monchetundra PGM project in Russia
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With the granting of the discovery certificate Eurasia can now move on to apply for a license to mine
Eurasia Mining is making significant progress with its Russian platinum projects
This operation, which is now being costed, comprises crushing, grinding and leaching circuits, with subsequent recovery of gold from leach solutions via a Merill Crowe Machine. At Semenovsky, this would involve bypassing the initial crushin
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Some of the main risers and fallers in London at 3.40pm
"The application for the award of a Discovery Certificate has already commenced, and following that, Eurasia will be entitled for a Production License."
The FTSE 100 closed down 6.56, or 0.09% to 7,519...
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