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Proactive news round-up: MySQUAR, Eurasia Mining, Greatland Gold...
A glance at some of the small cap stories on the Proactive newswire today
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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A glance at some of the small cap stories on the Proactive newswire today
A loan arrangement with third parties and Dmitry Suschov, a director of the company, for £1.6mln will repay the existing Sanderson loan arrangement,
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A glance at some of the stories on the Proactive newswires today
Eurasia is mining West Kytlim on a revenue share deal with a contractor,
A look at some of the biggest London-listed risers and fallers today
The UK blue chip index finished 41 points higher at 7,342, retreating from the session peak of 7,359 but still well above the day’s low of 7,300
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A glance at some of the stories on the Proactive newswire today
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A recap of the week just gone in the mining sector
With its diverse portfolio of precious metals assets in Russia at various stages of development, Eurasia says it's "steadily securing its future"
Russian firm SKRS has agreed to new production targets under a 17 year schedule
The best of the share price rises and falls in London at 3.30pm
Christian Schaffalitzky, Eurasia’s managing director, said: "It is encouraging to have had an initial response from GKZ.
More testwork is need at the tailings project in Russia
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A glance at some of the stories on the Proactive newswire today
The facility includes £500,000 drawn down under the previous loan arrangement between the two.
A round-up of today's small cap stories on the Proactive newswire
The latter has been granted exclusive due diligence at the site until January 15 next year..