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Eurasia Mining PLC

Eurasia Mining Plc hails final approval for Monchetundra mine

Christian Schaffalitzky, chairman of Eurasia Mining plc (LON:EUA), caught up with Proactive London after announcing that the extensive permit application process for the Monchetundra PGM and base metals project has now concluded.

The development ends the formal procedure and involves the issue of the licence together with details of the advance royalty payment, which will follow shortly.

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Market: AIM
Market Cap: £11.82 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