Today's Market View Including Aureus Mining, DiamondCorp, Eurasia Mining and SolGold
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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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Investments and investor services
Here are the Proactive Investors small cap news highlights for Tuesday November 3.
Technical design planning, forestry applications and additional exploration to enhance and expand the mine ore feed is underway.
Archive
There has been a significant increase in the resources at Yangibana, the rare earths project in Western Australia, Rare Earth Materials (LON:REM) revealed. Total mineral resources have been upped to 71,828 contained tonnes of total rare ear
"Formal award and receipt of the Mining Licence is a monumental step forward.”
Investments and investor services
Below are the main news-driven share price movements at 4pm.
A mining licence was awarded for the West Kytlim alluvial deposit earlier this year and a detailed development plan is being prepared.
“The Kibo transaction gave us some working capital and we wanted to reinvest it quickly and efficiently."
There was a lot of news this week in the small cap mining space...
Archive
A summary of the days news from the Proactive universe
Investments and investor services
Beijing allowed yuan to fall to three-year lows against the dollar
Investments and investor services
Chinese currency devaluation offsets encouraging Greek news
Investments and investor services
Asiamet Resources was higher as city analysts noted the new management's pedigree for turning small firms to multi-billion dollar companies.
The work will add reserves and resources to the project as part of a mining licence application.
Investments and investor services
There was a lot of news this week in the world of the small cap miners.
Metal Tiger, the investment specialist, says it's well funded and ready for the cycle to turn in favour of natural resource investors....