BHS no longer the poor man's M&S now that M&S is
M&S slumps after CEO warns of long haul ahead for the clothing business. People still want to buy BHS for some reason. Also covered: Wizz Air, Eurasian Mining, CentralNic
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 farms out mining at West Kytlim
Eurasia will receive 30% of total sales revenue generated from production
Eurasia Mining makes up for lost time in Russia
As well as being a shareholder, Metal Tiger can partner on future projects undertaken by Eurasia in Russia.
Archive
Proactive mining highlights: African Potash, Eurasia Mining, Lucara Diamonds, Red Rock and more...
Top story this week - Lucara's massive diamond breaks auction records. Even bigger one to come.
FTSE100 closes lower after Carney comments
Latest minutes from the Bank's Monetary Policy Committee said Brexit may cause sterling to fall and unemployment to rise.
Eurasia Mining pays off loan with placing
The Russia-focused platinum explorer arranged the £250,000 loan in February .
Risers & Fallers: Ferrum Crescent, Tern, Jubilee Platinum,Nostra Terra, Hunting, Avocet Mining
Both Nostra Terra and Avocet intend capital reorganisation to reduce the nominal value of their shares, paving the way for fund raisings
Archive
Proactive mining highlights: Aureus, Botswan Diamonds, Gemfields, Tembo Gold, Red Rock...
The weekly wrap up of small cap mining news from Proactive.
Eurasia Mining and Metal Tiger extend due diligence for Russian project
Extra time is needed to allow a metallurgical study to be completed, and to allow a formal joint venture agreement to be concluded.
Proactive news highlights: Ariana, Challenger, Eurasia, Summit and more...
Challenger Acquisitions extends maturity date of convertible notes, Metal Tiger raises £1mln and Summit Therapeutics receives FDA approval.
Aim gloom leavened by demand for Aurasian Minerals and Egdon Resources
Outside of the resources sector, Summit Therapeutics was also going well
Big caps outshine smaller stocks early on
Big caps outshone small caps in early deals, with small cap miners again in focus. FTSE100 was up over 28 at 6,289, while FTSE AIM 100 lost 0.07% to 3,462 and the FTSE AIM All share was practically flat at 731.770.
Eurasia Mining's gold tailings plan passes first hurdle
Eurasia, which is partnered on the project by resources investor Metal Tiger, has started metallurgical work
Archive
Proactive mining highlights – Eurasia Mining, Rambler Metals and Rare Earth Minerals and more…
A fairly busy week for the diggers, with some positive news for Eurasia Mining PLC to round off the week.
Proactive news highlights: 88 Energy Ltd, Andes Energia, Oracle Coalfields, mporium and more
88Energy funding inundated with demand, African Potash shares slump and Andes Energia confirms production volumes.
Archive
Proactive mining highlights – Eurasia Mining, Rambler Metals and Rare Earth Minerals and more…
A fairly busy week for the diggers, with some positive news for Eurasia Mining PLC (LON:EUA) to round off the week.
Eurasia Mining poised for C1 estimate at Monchetundra following drilling
Eurasia Mining PLC has unveiled positive drill results from its Monchetundra project in the far northwest of Russia, which should lead to defining a reserve estimate.
Risers and Fallers: Rosslyn Data Technologies, Action Hotels, Progility ..
Major share price risers and fallers in London at 4.00pm