Eurasia Mining PLC

Eurasia Mining receives approval of Monchetundra mine permit application

Christian Schaffalitzky, executive chairman of Eurasia Mining plc (LON:EUA) tells Proactive they've received approval of the Monchetundra mine permit application by two key Russian federal agencies: the Federal Securities Board (FSB) and Ministry of Defence (MOD).

Schaffalitzky adds the mine permit application for the 2mln ounce PGM project has now progressed to ministerial level.

He says the application process remains on track for a successful grant by late summer.

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Market: AIM
Market Cap: £11.44 m

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Full interview: Eurasia Mining PLC's chairman encouraged by progress at...

Christian Schaffalitzky, chairman at Eurasia Mining PLC (LON:EUA), tells Proactive that good progress is being made with the groundwork ahead of construction Monchetundra mine in the Kola Peninsula in Russia. EPC contractor Sinosteel will start to build two open-pit mines and the processing...

on 14/8/19

2 min read