Proactive news summary: Sirius Minerals stands out on big day for funding
Also covered: Blur, Eckoh, Eurasia, FairFX, H&T, Rosslyn, KrisEnergy, Sierra Rutile, Tern, ValiRx, Xtract Resources
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.
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Eurasia Mining to bring in contractor to run Monchetundra
Eurasia wants to appoint an engineering firm to run the operation in a similar manner to the royalty agreement signed in May at West Kytlim
Eurasia Mining draws down a further £100,000
Eurasia struck the £700,000 loan deal with Sanderson Capital back in August
Miners are Tuesday’s small cap highlights: SolGold, Eurasia and Savannah Resources top the bill
As our mining expert Alastair Ford pointed out, its been a long hiatus with no corporate activity of any real significance at the junior level for nearly seven years, but deals are now popping up.
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London's largest share price rises and falls at 4pm
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Eurasia doubles on US$176mln deal for Russian project
Sinosteel is a major engineering outfit and one of the largest importers of iron ore into China.
Risers & Fallers: Eurasia Mining , Richoux , Papua Mining...
Main share price risers and fallers in London at 4pm
Metal Tiger to expand asset trading division and get new CEO
Johnson's role will, among others, focus on new project pipeline development
Archive
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Tekcapital picks up the rights to Wire Caddy, Lekoil increases its financing facility and Eurasia Mining should see first revenues this month.
Eurasia Mining eyeing first revenues from West Kytlim this month
Contractor SKRS is providing all the infrastructure and supplies for mining, as well as stumping up the operating costs, in exchange for a 70% return of the gross revenue
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Eurasia Mining sees first platinum concentrate at West Kytlim
A batch of raw concentrate is now ready to be shipped to the Ekaterinburg metals processing plant
Archive
Proactive weekly mining news report, including Eurasia Mining, Metal Tiger and Xtract Resources
A look at some of the news stories from the junior mining sector last week
Eurasia Mining sees first West Kytlim production next week
Mining has already begun at the Malaya Sosnovka deposit, the firm said
Eurasia Mining posts maiden reserve for tailings project
The entire tailings dam has been approved at Russian C2 standard to total 2.99mln tonnes of ore grading 1.18 g/t gold and 16.44 g/t silver
Eurasia Mining gets £700,000 loan for working cap
Eurasia Mining plc now has £700,000 available for working capital after it struck a loan deal with a syndicate led by Sanderson Capital.