Has anyone heard anything about this firm regarding newsflow?

Just found this.The site is free to register.

http://www.proactiveinvestors.com/registered/articles/article.asp?EUA

Eurasia Mining: Nearly time to come back in from the cold?

Do you remember those somewhat daft physcology tests carried out in the 80's where a doctor would hold up a picture of an object and then the patient had to say what first came to mind?

Picture: Dog
Patient: Bone

Picture: Bird
Patient: Sky

Now imagine if the doctor was testing an exploration geologist....

Picture: Platinum
Geologist: Bushveld

A slightly crude analogy, but you get the picture (hahaha)....

As wonderful as my humour is, there is a serious undertone. Platinum is synonymous with South Africa and the Bushveld which is home to the greatest and most consistent platinum group metals (PGM) mineralisation found in the world. Outside of South Africa, there are a number of other areas with PGM, but nothing on the scale of the Bushveld.

Some discoveries of platinum has helped the share price rise.Although not on a large scale say to 15p or 20p.Is this because demand is'nt as great as say oil.Or is it because the company is still doing drilling test to see if mining is economically viable.If the latter is the case then this share must be one for the future.Every report you seem to read is encouraging but nothing seems to happen.

Forgive me if I sound thick as just a small private investor who enjoys trying to pick shares with potential for growth.

second discovery in a month,open pit mining possible,backed by the worlds largest platinum producer,fully funded until end 2008,share price rising,looks good.any comments???

Recent article and analysis, click HERE

hearing some good news very soon

action on plus. http://www.plusmarketsgroup.com/data.shtml?ISIN=GB0003230421/GBX/PLUS-exn

cannot get a buy quote.hmm

had a 100k@1.5 order in for 30mins cannot get it filled.anyone got the same problem

QUOTES BUY 0 V SELL 250K@1.26

http://www.minesite.com/nc/minews/singlenews/article/eurasia-minings-new-russian-partner-gives-it-the-flexibility-to-get-involved-in-gold.html

Is this about to max out?

oh dear - p&d in progress - some rumour about production licenses being granted - beware not to get locked in here

RNS Number : 0080V
Eurasia Mining PLC
04 January 2012



Eurasia Mining plc



("Eurasia" or the "Company")



Share Price Movement



The directors of the Company note the movement in the Company's share price today. The directors can confirm that they are not aware of any reason for the change.

hi dc - yep that about sums it up - for any interested some historic background data.....
http://www.miningmaven.com/rokdownloads/EUA%20VP%2020.06.11%20final.pdf
would place this in the extreme high risk category!!

Eurasia Mining MD happy with Semenovsky progress
16:35 04 Jul 2016


An external assessment of the Semensovsky tailings project in Russia has confirmed the grades, Eurasia Mining plc's (LON:EUA) managing director told Proactive.

Independent verification was important said Christian Schaffalitsky as it moves on to the next stages of cyanide and recovery testing and a reserves report.

If they go to plan, Eurasia, and partner Metal Tiger, will devise an optimisation plan that may see construction get underway as early as next year, permits allowing, he says.

http://www.proactiveinvestors.co.uk/companies/stocktube/5225/eurasia-mining-ceo-happy-semenovsky-tailings-progress-5225.html?utm_source=dlvr.it&utm_medium=twitter

27 July 2016
Eurasia Mining plc (AIM: EUA)

West Kytlim Mining operation update - July 2016

Eurasia Mining plc, the PGM and gold mining company, is pleased to update on developments at its West Kytlim platinum and gold mine. As reported on 21 June 2016, machinery and personnel from both Eurasia and its contractor SK Region-Stroy ("SKRS") are working at the site building necessary infrastructure and preparing open pits for mining. Work remains on schedule with the first black sand platinum and gold bearing concentrates planned for shipment for refining by mid -August 2016.

Highlights:

- Machinery including two excavators, two bulldozers, three dump trucks and one loader are being operated on a shift rota;

- Water pond to manage processing water now fully excavated;

- Work is continuing on a trench to protect the open pit from water ingress;

- Southern end of tailings dump retaining wall now complete, work continues at the northern end;

- Some washplant components including conveyer belts and parts of the sluices have arrived, other components due;

- Construction has commenced on the field laboratory which will upgrade concentrates ahead of shipping for refining.

Further detail

Excellent progress has been made by the team onsite at the West Kytlim Project in the five weeks since commencing the operation. The preparatory work necessary to organise a safe, effective and environmentally sound work site to mine an alluvial orebody is now well advanced. As described previously, (see RNS's date 25 May 2016 And 21 June 1016), the current phase of operations is a start-up operation utilising diesel powered machinery to produce near and at surface ore bodies in the area known as Malaya Sosnovka. Significant capital expansion to include draglines operating on mains grid power is planned for year 2 and for the projected ten-year life of mine.

Once preparatory work has been completed the focus will immediately shift to production from the 5 defined reserve blocks in the Malaya Sosnovka area. Critical elements of the washplant have arrived to site ahead of time while other longer lead time parts are now due. The washplant when constructed will have sufficient capacity to fulfil the 2016 mining schedule. A second washplant owned by Eurasia is being refurbished and can be used to process a small volume of metal bearing gravels before the main washplant is installed.

Documentation and reporting;

The Exploration Project Report covering upgrade of Resource blocks to Reserves, on the entire 21Km2 mining licence will be submitted in the coming weeks. Under the terms of the agreement with SKRS, Eurasia are responsible for exploration on the licence which will be phased to ensure supply of sufficient reserves for the mining operation.


Christian Schaffalitzky, MD at Eurasia Mining commented'

"Our 2016 field season is off to an excellent start thanks to the experienced field personnel in both Eurasia and SKRS. As a consequence we are now a matter of weeks away from producing our first concentrates for refining with no major delays envisaged. We anticipate that the final components of the washplant will be delivered and the washplant commissioned within two to three weeks, which gives us enough time to complete the tailings dam and install the final elements of the mine design, including the facility for upgrading to a shippable black sand concentrate. We are also finalizing our plans for metal refining which will be announced shortly."

http://www.moneyam.com/action/news/showArticle?id=5386213

Been looking at these.

In now looks like the bottom I hope..

Hi driver, news and updates over the next few weeks and months should be positive and create more interest.

28 July 2016
Eurasia Mining plc (AIM: EUA)
("Eurasia" or the "Company")

Platinum refining and sales agreements with Ekaterinburg non-ferrous metals processing plant


Eurasia Mining plc, the PGM and gold mining company, is pleased to provide an update with regard to the chosen provider of metal refining services for product from the West Kytlim Mine. Agreement has been reached with the Ekaterinburg Non-ferrous Metals Processing Plant ("EZOCM"), part of the Renova Group of companies, for processing of black sand concentrates containing a suite of precious metals from the West Kytlim Mine and a separate contract has been agreed to cover sale of the resulting metal bullion to EZOCM. EZOCM have been operating for 100 years and offer a full range of processing services and end products. Details of the agreements are presented below.

Highlights:

- EZOCM has been selected as the stand out candidate with necessary equipment and personnel to refine metals from black sand concentrates.

- Concentrates at greater than 60% platinum to be delivered in batches of not less than 500g.

- Platinum refining at a cost of 2.75%, payable by Eurasia, Gold refining costs agreed at 5.5%

- Other metals in the PGM suite, i.e. Iridium, Palladium and Rhodium will be recovered but are not expected to materially affect project economics.

- Concentrates are assayed and certified by mutual agreement within 30 days of receipt.

- Refined metals are also to be sold to EZOCM with settlement within 5 days.

Further detail

The precious metals refinery at Ekaterinburg was commissioned on 23rd October 1916 and is the oldest producer of pure platinum metal in Russia selling products to circa 1,200 customers in Russia and abroad. Their products and service are internationally recognised as being of the highest quality and are included on the London Platinum and Palladium Market (LPPM) Good Delivery List of refiners and assayers. The main products of EZOCM are precious metal bullions, precious metal anode elements, chemical compounds, catalyst gauzes, crucibles for industrial uses, products used in dentistry etc.

Eurasia has agreed, through its subsidiary Kozvinsky Kamen, contracts governing refining of precious metals from black sand concentrates, and separately, sale of the metal content to EZOCM. The concentrate is upgraded on site at the project in West Kytlim to a concentrate of not less than 60% platinum, and shipped in batches of not less than 500g contained platinum. These are received to the refinery, weighed and assayed and then certified by mutual agreement between the parties. Metals are then refined from the concentrate and are subject to a refining charge per precious metal as indicated above. The metal is then sold to the refinery at 93-95% of London Metal Exchange prices and payment settled in Roubles within 5 days. Contracts will be re-negotiated on an annual basis.

Christian Schaffalitzky, MD at Eurasia Mining commented'

" EZOCM was the natural candidate for metal refining, having processed similar material from the West Kytlim area and elsewhere in the Urals Platinum Belt. We are pleased to work with them now and potentially for the Life of the Project and look forward to shipment of our first concentrates in late August. In addition, we are particularly pleased to have agreed a framework for the sales of the refined metals to EZOCM, and look forward to updating shareholders on this in due course."

http://www.moneyam.com/action/news/showArticle?id=5387045

Got to break out soon..

Big over hang here. Topped up today before it clears..

Big overhang here. Topped up today before it clears..

Good start 8% up.

Interview from last Thursday:

Eurasia Mining looking forward to producing first platinum within weeks
16:00 28 Jul 2016


Eurasia Mining plc (LON:EUA) Managing Director Christian Schaffalitzky tells Proactive Investors that he can meet the terms of a new refining contract for its West Kytlim alluvial platinum project, producing 80 to 100 tonnes of platinum as the first phase of development. “It is not very difficult, we have been working for the last six weeks on setting up the mine and we should start production in the next few weeks, by mid-August” he says.

Schaffalitzky says that mine will eventually be a ten year project and that Eurasia is working with a local civil engineering group who will provide all the equipment and invest the development capital. “They do it at their cost, and Eurasia in return receives 30% of the revenue and the contractor receives 70%. Our job is to monitor the mining, make sure the reserves are mined correctly and to reconcile the production against the actual platinum produced” he says.

http://www.proactiveinvestors.co.uk/companies/stocktube/5337/eurasia-mining-looking-forward-to-producing-first-platinum-within-weeks-5337.html

01 August 2016
Eurasia Mining plc (AIM: EUA)
("Eurasia" or the "Company")

Loan Agreement and Issue of Equity

Eurasia confirms today that it has executed a Loan Agreement with a syndicate led by Sanderson Capital Partners Limited (the "Agreement"). Pursuant to the terms of the Agreement, Sanderson has agreed to make available £700,000 which can be drawn down any time until 31 December 2016 and must be used by Eurasia for working capital purposes, of which £100,000 has been immediately drawn down. The loan must be repaid on or before 28 January 2017.

The Facility comprises the following:

- An unsecured, interest free (save in the event of a default), fixed term loan due for repayment no later than 28 January 2017;

- The loan can be drawn down in five £100,000 tranches no less than 30 days apart and a final tranche of £200,000 on agreement with Sanderson, with tranches two, three, four and five subject to successfully achieving certain specified project deliverables;

- An arrangement fee of £145,000, to be satisfied by the issue of 26,363,636 ordinary shares in the Company at a price of 0.55p ("New Shares");

- In addition, a further drawdown fee of £10,000 payable on each £100,000 tranche of the facility as it is drawn (which shall be satisfied by the issue of 1,818,182 Ordinary Shares in the Company at each drawdown).

Issue of Equity

Following the execution of the Agreement, the Company has today issued the New Shares and, given the drawdown of the first £100,000, has further issued 1,818,182 Ordinary Shares in lieu of the drawn down fee (a total of 28,181,818 Ordinary Shares (the "Total New Shares"). Application has been made to admit the Total New Shares to trading on AIM. Admission is expected to become effective on 4 August 2016 and the Total New Shares will rank pari passu in all respects with the Company's existing Ordinary Shares in issues.

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following the allotment of the New Shares consists of 1,433,136,055 Shares with voting rights attached (one vote per Share). There are no Shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Eurasia under the DTRs.

Christian Schaffalitzky, Managing Director said: "We are pleased to have arranged this financing with Sanderson. It removes some uncertainty in the medium term as we bring West Kytlim into production with income due in the next quarter. It retains the flexibility to freely investigate additional or substitute funding alternatives and the Board considers it to be competitive vis a vis other funding options currently on offer, given the prevailing market conditions. The Company is also looking at financing options for its other projects, bearing in mind the objective of minimizing dilution for shareholders."

http://www.moneyam.com/action/news/showArticle?id=5390011

A very quick reply from my email I sent yesterday (after topping up @ .68) to EUA regarding the RNS and future dilution. Also said they should have waited a couple of weeks when the sp hits 2p.
Happy to hold.


Re: Loan Agreement
Today at 0947
Der Mr @@@ (driver)

I understand your conclusion on the share price rise but we spent the previous few weeks negotiating the loan as well as looking for alternatives. Looking at the mining sector, there was no guarantee that our share price would improve, in fact many companies have seen the opposite. It was not apparent on Friday but it took off yesterday, too late to re-price. Equity finance is very thin on the ground and available at huge discounts. Of course we wanted to avoid this but we have spent two years living on the edge financially, unable to develop our business properly. I don’t recall a time like this in my forty years at work in the minerals industry.

Other financing options means looking at funding subsidiaries, joint ventures, partial sales etc., i.e not raising equity in Eurasia.

Regards
Christian Schaffalitzky

Cheers for posting, driver. I thought and still think it was good news or at the very least sensible to get the loan sorted and in place assisting in the companies progress rather than hindering.

Good honest reply is my take and understand where he is coming from.

In 2-3 weeks there should be an announcement regarding production at West Kytlim.

Mick

I agree, they have now got finaces in place and production about to start EUA are in a good place. Just have to wait till the overhang cleares witch shouldn't be long with the large volume of late.

Mick.

Cheers for the link increased my holding here, on the lows.

driver, No problem.

Eurasia Mining - Semenovsky Tailing Project site overview (Video)
Thu, 18 Aug 2016, 11:00am BST

https://www.brrmedia.co.uk/broadcasts-embed/5788af8ea7593e3c7bbf7af2/event/?livelink=true&popup=true

31 August 2016
Eurasia Mining plc (AIM: EUA)

Semenovsky Tailings Project - Reserves Approval and Extension of Exclusivity

Eurasia Mining plc,("Eurasia") the Russia focused PGM and gold production and development company, here working in partnership with Metal Tiger plc ("MTR"), is pleased to update progress on work on the Semenovsky Tailings Project (STP), in Bashkiria, Russia.

Highlights:

· Reserves approved totaling 2.99 million tonnes of ore grading 1.18 grams/tonne ("g/t") of gold and 16.44 g/t of silver, with contained metal calculated as 3.5 tonnes of gold and 49.3 tonnes of silver.

· An agreement to extend the exclusivity option on STP until 15 November 2016.

As reported on the 26 April 2016, a Russian Pre-Feasibility Study equivalent - the TEO of Conditions - had previously been reviewed and approved by the expert panel at the Bashkirian mines department. A Reserves Report incorporating a fresh Reserve calculation was immediately lodged for approval and has now been approved. Previous reserve calculations had not been approved at the deposit due to insufficient metallurgical work - Eurasia have integrated metallurgical work carried out on-site in 2014 which has now been considered sufficient for approval of C2 category reserves.

The entire tailings dam reserves were approved as Russian C2 standard - 2.99m tones of ore grading 1.18 g/t gold and 16.44 g/t silver - contained metal calculated as 3.53 tonnes gold and 49.28 tonnes of silver. The drill grid density and metallurgical work was sufficient for the approval of a C2 Reserve under the Russian system of Reserves assessment.

***See Link at BOP for Table***

C1 and C2 Reserves are defined by the national Russian standards on mining and minerals as published by the National Certification Body of the Russian Federation. Data included under this standard must be approved by the Russian Federal Agency for Subsoil Use ("Rosnedra")

The work at STP is being carried out under the Heads of Terms agreement ("Heads") outlined in mid November 2015 (see RNS dated 16th November 2015). The Heads allows Eurasia and Metal Tiger to acquire 67% of the Semenovsky Tailings Project ("STP") owned by OOO Metallurg Complect. These Heads, signed between Eurasia, Metal Tiger, and the Russian registered company OOO Metallurg Complect, covered an exclusive option period of 6 months to allow for due diligence by Eurasia and Metal Tiger personnel. This was extended in May 2016 to 15 August 2016. A further extension of the exclusive option has been entered into today, to extend that exclusivity period to 15 November 2016 as work continues on detailed metallurgical testwork.

Eurasia as manager aims to complete the due diligence work and if satisfactory conclude the acquisition under the terms of the Heads, although at this stage there can be no guarantee that it will do so. Subsequently a feasibility study will be completed, which is expected to include bulk sampling, flow sheet studies and mine design.

Christian Schaffalitzky, Managing Director at Eurasia Mining comments

"We are pleased to confirm what amounts to a maiden reserve calculation under Russian standards for the Semenovsky project. It is a significant milestone and shareholders can see positive results less than 12 months from announcement of the initial Heads of Terms. Our focus now turns to the ongoing SGS metallurgical work, updated on 4 July, from which we hope to see results of our optimization study on cyanide gold recovery in September."

Consent for release

EurGeol Christian Schaffalitzky, FIMMM, PGeo, MIEI, CEng, is a director of the Company. He has reviewed the update and consents to the inclusion of the exploration information in the form and context in which it appears here. He is a Competent Person for the purposes of the reporting of these results.

http://www.moneyam.com/action/news/showArticle?id=5405930

01 September 2016
Eurasia Mining plc (AIM: EUA)

West Kytlim Mining operation update - August 2016

Eurasia Mining plc ("Eurasia") the Russia focused PGM and gold production and development company is pleased to update progress on the commencement of mining at West Kytlim, Urals, Russia.

Highlights:

· Two mining blocks have been cleared of vegetation for production with a third to be finished by 1 September 2016.

· Gravels are being excavated from block 4 and hauled to the wash plant.

· The principal equipment for the on-site laboratory is in place including the concentrating table.

· One wash plant is assembled with a second main plant to be completed next week.

· First production is planned to commence next week.

Further detail

Mining has commenced at Malaya Sosnovka, with two blocks cleared of vegetation (blocks 4 and 5) and a third block (block 1) to be cleared by 1 September 2016. Gravels are being excavated from block 4 and hauled to the wash plant site. Two wash plants will be used, with the smaller wash plant ready to process metal bearing gravels. The main wash plant is installed but not yet operational - this is expected in the first week of September. The late delivery of critical parts for this wash plant have delayed start-up by 10 days but the projected production for 2016 is still expected to be met.

For the processing of the concentrates the on-site laboratory is ready, with all the main equipment in place, including a concentrating table.

A map showing the blocks at Malaya Sosnovka has been added to the company website www.eurasiamining.co.uk.

Consent for release

EurGeol Christian Schaffalitzky, FIMMM, PGeo, MIEI, CEng, is a director of the Company. He has reviewed the update and consents to the inclusion of the exploration information in the form and context in which it appears here. He is a Competent Person for the purposes of the reporting of these results.

http://www.moneyam.com/action/news/showArticle?id=5406987

Eurasia Mining - Mining operations update
Thu, 01 Sep 2016, 04:05pm BST

https://www.brrmedia.co.uk/broadcasts-embed/57c831ec3f18d58e362bef15/event/?popup=true#

Interesting update especially on future growth.

overhang gone?

Bj
We hope.

A chart:

PLATINUM QUARTERLY
Q2 2016
8th September 2016

https://www.platinuminvestment.com/files/784372/WPIC_Platinum_Quarterly_Q2_2016.pdf

09 September 2016
Eurasia Mining plc (AIM: EUA)

First platinum concentrate at West Kytlim

Eurasia Mining plc ("Eurasia") the Russia focused PGM and gold production and development company is pleased to announce the production of its first platinum concentrate at West Kytlim, Urals, Russia.

A batch of raw platinum concentrate is ready for shipment to the Ekaterinburg Non-ferrous Metals Processing Plant, as per the platinum refining and sales agreement announced in RNS dated 28 July 2016. Meanwhile gravel washing at site has been adjourned while a new water supply using steel piping is installed. This will be completed early next week. Mining continues and gravels are being stockpiled adjacent to the plant ready for washing.

A video of the operation is being prepared and when completed will be uploaded on the company's website at www.eurasiamining.co.uk. Photos of the first concentrate produced will follow this press release on the company's twitter feed and website.

http://www.moneyam.com/action/news/showArticle?id=5411959

1st Concentrate prod at West Kytlim Pt & Au mine, as shown by senior geo S Bersenev

The pic is not doing it Bj

Morning driver, Next couple of week should see the SP double............that's the plan anyway! :-)

09 September 2016
Eurasia Mining plc (AIM: EUA)

Acceptance report from Ekaterinburg refinery

Further to the announcement made earlier today, Eurasia Mining plc ("Eurasia") the Russia focused PGM and gold production and development company is pleased to announce the acceptance of its first batch of concentrate at the Ekaterinburg Non-ferrous Metals Processing Plant ("EZOCM" or 'The Refinery").

Eurasia had previously agreed terms with EZOCM, as announced in RNS dated 28 July 2016 and has commenced shipment of raw platinum concentrate from its mine in the Ural Mountains. The concentrate was weighed on entry to the plant as 574.18 grams of raw platinum concentrate. Under the terms of Eurasia's agreement with EZOCM, the refinery will now separate pure platinum and gold from waste (mostly iron) in the concentrate. The refined metals are then sold to the refinery.

The exact quantity of pure platinum will vary with each batch but is expected to be in line with similar products from other Uralian Mines and range between 70 and 75% pure platinum. Platinum, gold, other platinum group metals and iron form nuggets which are separated from gravel to form the company's mined concentrate product.

Christian Schaffalitzky, MD at Eurasia comments. 'This acceptance receipt represents the first step on a long road through development at the West Kytlim project. We now look forward to steady state production from the mine site once a necessary upgrade to our water supply system is completed. We appreciate our stakeholders' patience and salute the hard work and diligence of our co-workers and colleagues in Ekaterinburg and at the mine site.'

http://www.moneyam.com/action/news/showArticle?id=5412448

BJ
I agree and the coat brought the sp back..

15 September 2016
Eurasia Mining plc

Interim Results for the six months ended 30 June 2016

Chairman's Statement

Dear Shareholder,

As I anticipated in the Annual Report, platinum and gold mining at West Kytlim has commenced, with the prospect of at least 10 years of production lying ahead. At the time of writing we have shipped and had notification of receipt of the first concentrates from the mine. A single shipment of 574.18 grams of raw platinum was received at the Ekaterinburg Non-ferrous Metals Processing Plant and will be refined and then purchased by the refinery under the terms of our refining and sales agreement.

We are very pleased that we have come to this point despite difficult market conditions. Furthermore, we believe our royalty-like structure with OOO SK Region Stroy ("SKRS") has proved to be the correct course, sparing the Company additional shareholder dilution, project finance or loans. SKRS is a reputable contractor working with major companies in Russia and has undertaken to provide all the infrastructure, equipment and supplies for mining, as well as the operating costs, in exchange for a 70% return of the gross revenue. This allows Eurasia to earn 30% of top line sales without any financing risk. Meanwhile Eurasia has committed to leverage its expertise in alluvial platinum exploration and reserves definition to upgrade known resources to reserves within the mining license.

As SKRS had surplus earth-moving equipment and personnel to deploy to our West Kytlim site and Eurasia was seeking a risk-free structure, our agreement with SKRS presented a mutually beneficial agreement which is now bearing fruit. Revenue should now commence in the month of September with its distribution to the parties managed by Eurasia. The recent significant improvement in platinum and gold prices is a timely bonus for the operation. Further price growth is projected for precious metals by many analysts, in particular due to the structural deficit in notably South African platinum supply. This could further improve the economics at West Kytlim, even as Eurasia is protected from some downside risk through the royalty-like structure which awards a share of top line sales regardless of the operation's bottom line.

As I wrote earlier, we plan to increase the mining rate over the next two years and this will involve the installation of a powerline and the use of mains-powered draglines for waste stripping and ore stockpiling. These activities are to be undertaken by SKRS throughout this winter at no cost to Eurasia.

At Monchetundra, we continue to work on completing our filings for the eventual application for a discovery certificate and later a mining licence. The two target open pit resources are at West Nittis and Loipishnune. Initial positive drilling results from West Nittis, as well as the successful application of shallow soil geochemistry profiling, were announced on 22nd April 2016. This project is being reviewed by several interested parties and we are hopeful we can find a partner or a purchaser to advance it to production

At Semenovsky, our new gold in tailings project, we are continuing with detailed metallurgical testwork as the last step in our due diligence work, in advance of designing a mine. The exclusive option has been extended to November to allow more time to complete the transaction. In addition Eurasia, working in joint venture with Metal Tiger plc, has sought and been granted approval of a feasibility report (TEO in Russia) and its related reserves calculation. Both have now been approved and this, a maiden reserve for the project, has been registered on the state balance sheet as a C2 Reserve containing 3.5 tons of gold (112,000 ounces) and 49.3 tons of silver (1,578,000 ounces) (see announcement dated 31st August 2016). Results from the Eurasia drilling program carried out in April 2016 at Semenovsky also confirmed previously assessed grades in gold and silver. Average grade from the EUA drill program are 1.16 g/t gold and 17.3 g/t silver.

In conclusion, the directors of Eurasia have targeted cash-generative and 'straight-forward' mining projects to support the development of the Company. We believe this strategy has proven successful for the Company's survival in the long term. Eurasia's royalty-like financing structure for the West Kytlim mine has allowed us to advance the project to mining and we look forward to crystallizing further value from our partnership with SKRS when the project achieves steady state production in the short term, and benefits from capital expansion in the medium term.

Michael Martineau
Chairman

http://www.moneyam.com/action/news/showArticle?id=5415220

Eurasia Mining eyeing first revenues from West Kytlim this month
07:56 15 Sep 2016

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



Eurasia Mining plc (LON:EUA) should see first revenues this month (September) after mining begun at its West Kytlim platinum project in Russia, it told investors in its half year results.

As reported last Friday, the Ekaterinburg refinery had accepted the first batch of platinum concentrate, which will be refined and then purchased as per previously agreed terms.

And the West Kytlim operation will be boosted by the significant improvement in platinum and gold prices, said Eurasia, while prices are thought to go higher still by analysts.

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.

Eurasia reckons this royalty structure was a good move, allowing it to spare further shareholder dilution or loans, allowing it to earn 30% of top line sales with no risk.

At the group's other projects, at Monchetundra on the Kola peninsula, it is working towards a discovery certificate and later a mining licence and there have been initial positive drilling results from one of the open pit resources at West Nittis.

The firm hopes to find a partner or buyer to advance it to production

In August, it reported a major milestone for its Semenovsky Tailings Project (STP) in Russia - namely a maiden reserve, with the entire tailings dam approved at Russian C2 standard to total 2.99mln tonnes of ore grading 1.18 g/t gold and 16.44 g/t silver.

For the six months to end June, the pre-revenue firm posted a profit of £855,000 (2015: loss of £1.68mln) and the cash at end of period was £183,591.

Giles Gwinnett

Looks good to me, just a rerate waiting game..

21 September 2016
Eurasia Mining plc (AIM: EUA)

West Kytlim update/ Loan facility draw down and issue of equity

Eurasia Mining plc ("Eurasia") the Russia focused PGM and gold production and development company is pleased to confirm that mining is underway at West Kytlim and concentrate continues to be produced. An interruption necessary to refurbish the water supply was resolved within three days and production of concentrate has continued since. A more detailed announcement will follow in due course.

Separately, Eurasia confirms that it has executed a further draw down of its loan facility with Sanderson Capital Partners Limited("Sanderson") as per the agreement outlined in the announcement dated 1 August 2016. Pursuant to the terms of the Agreement, Sanderson had agreed to make available £700,000 which can be drawn down any time until 31 December 2016 and must be used by Eurasia for working capital purposes. The facility may be fulfilled in £100,000 tranches not less than 30 days apart and must be repaid on or before 28 January 2017. This is the second draw down of the facility; an initial draw down was executed when the agreement was finalized on the 1 August 2016.

Furthermore, each drawdown shall be subject to a fee of £10,000 payable as each tranche of the facility is drawn and may be met by the issue of Ordinary Shares in the company. Eurasia confirms that 1,538,462 ordinary shares ("New Shares") have been issued to Sanderson in lieu of the drawdown fee and application has been made to admit the new shares to trading on AIM.

Admission is expected to become effective on 26 September 2016 and the New Shares will rank pari passu in all respects with the Company's existing Ordinary Shares in issues.

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following the allotment of the New Shares consists of 1,434,674,517 Shares with voting rights attached (one vote per Share). There are no Shares held in treasury. The total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Eurasia under the DTRs.

Christian Schaffalitzky MD at Eurasia comments ' This is a particularly busy time for Eurasia as we are active at all three of the company's projects. We continue to work to produce from this season's mining allotment at West Kytlim and have recently (see the announcement dated 9 September 2016) shipped our first batch of concentrate to the Refinery in Ekaterinburg. Our geologists and contractors are finalizing a TEO and reserves statement to be used in application for a discovery certificate before end of year at the Monchetundra hardrock PGM project, while SGS laboratories in Chita are engaged in the final round of optimized cyanide recovery tests on samples from the Semenovsky Tailings Project. The Sanderson facility provides essential working capital to drive these objectives, and we look forward to updating on developments in the near term.'

http://www.moneyam.com/action/news/showArticle?id=5418455

10 October 2016
 
Eurasia Mining plc (AIM: EUA)
("Eurasia" or the "Company")
 
Engineering Procurement, Construction and Commissioning contract
 
Eurasia Mining (LON:EUA), the London Stock Exchange AIM listed PGM and gold mining company, is pleased to announce that an Engineering Procurement, Construction and Commissioning ("EPC") turnkey contract has been signed in relation to its Monchetundra project in the Kola peninsula in northwest Russia bordering Finland, between Eurasia's 80% subsidiary, Closed Joint Stock Company "Terskaya Gornaya Kompaniya" ('TGK') which holds the Monchetundra licence and Sinosteel, a Chinese state owned group operating primarily in mining, trading, equipment manufacturing and engineering.
 
The contract is for the development of two platinum group metal ('PGM') deposits located in the Company's Monchetundra licence area, which also contain gold, copper, cobalt and nickel. Feasibility studies are currently underway on two deposits, Loipishnune and West Nittis, to be completed by year-end. Together with the EPC contract, this will be the culmination of the Company's work since the licence was acquired in 2006. The contract provides for engineering, procurement and construction of a 1.7 million tonnes per annum PGM beneficiation project at Monchetundra.
 
Sinosteel's engineering and construction arm is Sinosteel Equipment & Engineering Co. Ltd. Sinosteel is a major mining company and the second largest importer of iron ore in China. It is one of the largest global EPC contractors with a track record of successfully commissioning similar projects in Australia, Africa, China and Latin America.
 
The proposed contract would provide for Sinosteel to undertake mine and processing plant turnkey construction and commissioning on a commercial arms-length basis. The debt-based finance for the EPC turnkey contract is to be arranged by Sinosteel and is an integral part of the EPC turnkey contract. This EPC contract is being advanced as part of discussions with third parties for the sale or joint venture of the project.
 
Sinosteel's contract is based on a 2 year due diligence and evaluation of the Monchetundra project. The principal terms of the financing are:
 
·    The contract value totals US$176,000,000 with the loan covering 85% of the contract value.
 
·    Within the contract, a subcontract for $50,000,000 million is assigned to TGK to cover all preparatory engineering and pre-strip works on the two open pit deposits. TGK expects that this subcontract will be sufficient to meet the 15% equity contribution required for the project.
 
·    Sinosteel will be responsible for the debt finance of $149,600,000 (i.e. 85% of the contract value) with the financing terms included in the EPC contract as a 10-year loan with early repayment permitted, at an indicative interest floating rate at 6 month LIBOR plus 3.5%.
 
·    Sinosteel will carry the loan on its balance sheet with its rights and obligations under the financing and the loan will only be assigned to TGK following completion of the EPC contract, subject to key performance indicators to be achieved by the plant commissioned by Sinosteel.
 
·    The contract is exclusive to Sinosteel for a period of ten years.
 
·    The contract provides for a schedule of payments commencing within 36 months. This period is to allow for the obligatory steps within the Russian mine permitting system.
 
The contract is conditional on, amongst other things, the Company receiving all the necessary permits from the government and therefore at this stage there is no guarantee that the transaction will complete. Further updates will be provided in due course.
 
Christian Schaffalitzky Managing Director of Eurasia Mining said "We have always considered Monchetundra to be an attractive project and the recent expressions of interest, including the concept of an outright proposal to acquire the project, and the desire to secure an EPC contract in relation to Monchetundra, clearly demonstrates that our judgment was well founded.
 
This contract with one of the world largest EPC contractors provides the framework for the construction of a processing plant designed to treat ore from two open pits in the Monchetundra licence area. Meanwhile our other business continues to progress; at West Kytlim, deliveries to the refinery are continuing and payment amounts for the first batch of concentrate have been agreed, while at the Semenovsky gold project, our metallurgical testing program is nearing completion. We will provide separate updates on these projects in due course."
 
End

http://www.moneyam.com/action/news/showArticle?id=5429852

Looking good for tomorrow. Can't put a price on the sp at the moment but its defiantly a multiple of the current 1p

driver, I think the overhang has gone! :-)

Eurasia doubles on US$176mln deal for Russian project
16:29 10 Oct 2016

Sinosteel is a major engineering outfit and one of the largest importers of iron ore into China.



Eurasia Mining plc (LON:EUA) shares doubled as the Russia-focused junior unveiled a massive deal with Chinese major Sinosteel to develop its Monchetundra platinum project on the Finnish border.

The contract is for the development of two platinum deposits and a 1.7mln tonnes per year beneficiation plant.

Sinosteel is a major engineering outfit and one of the largest importers of iron ore into China.

It will construct and commission the mine on a commercial arms-length basis, with the contract in total worth US$176mln.

Sinosteel will arrange US$150mln worth of finance for the development, with funding an integral part of the EPC turnkey contract said Eurasia.

Some USS$50mln of the contract will be assigned to Eurasia’s 80% subsidiary TGK for open pit preparatory work.

Sinosteel's contract is based on a two-year due diligence and evaluation of the Monchetundra project.

The plant contract is exclusive to Sinosteel for a period of ten years.

Christian Schaffalitzky, Eurasia’s managing director said: "We have always considered Monchetundra to be an attractive project and the recent expressions of interest, including the concept of an outright proposal to acquire the project, and the desire to secure an EPC contract in relation to Monchetundra, clearly demonstrates that our judgment was well founded.

“This contract with one of the world largest EPC contractors provides the framework for the construction of a processing plant designed to treat ore from two open pits in the Monchetundra licence area."

Shares jumped 100% to 1.05p.


Elsewhere, at West Kytlim, deliveries to the refinery are continuing and payment amounts for the first batch of concentrate have been agreed, while at the Semenovsky gold project, our metallurgical testing program is nearing completion, said Schaffalitzky.

Philip Whiterow

Bj
Yes looks like we have seen the back of the overhang.

looks abit better than VOG... fill ya friggin boots!

Just bought in to this stock today

Big deals suddenly flowing in junior mining

http://www.proactiveinvestors.co.uk/companies/news/167229/big-deals-suddenly-flowing-in-junior-mining-167229.html

Interview with EUA MD Schaffalitzky

Tue, 11 Oct 2016, 03:30pm BST

Christian Schaffalitzky, Managing Director of Eurasia Mining, discusses the Engineering Procurement, Construction and Commissioning turnkey contract which has been signed in relation to its Monchetundra project in the Kola peninsula in northwest Russia.


https://www.brrmedia.co.uk/broadcasts/57fce41e23b1a5e411ab8ea1/eurasia-mining-engineering-procurement-construction-and-commissioning-contract

Only just had chance to listen to above interview and all sounds good for short, medium and the long term investor, with the companies growth prospects clear to see.

Another video interview from yesterday:

China deal a 'one-step turnkey' contract to develop Russian mine, says Eurasia boss

Published on Oct 11, 2016
The Russia-focused junior miner's unveiled a massive deal with Chinese major Sinosteel to develop its Monchetundra platinum project. The contract is for the development of two platinum deposits and a beneficiation plant.

Managing director Christian Schaffalitzky tells Proactive: “Those people who follow the mining business will know we've been having a really rough time since the crash of metal prices in 2008. Normally we would do one of two things - we would raise funds to do our development work with equity capital, however the mining funds are no longer present or are much more diminished. The second way would be in joint venture with a major mining company but unfortunately they got too over-leveraged and so have been very inactive in the sector. So those of us who take risks to develop new deposits have been left on our own.”

“This new contract is basically a loan package and EPC contract, so a turnkey operation to develop the mine and plant to extract platinum group metals, precious metals and base metals from the deposits we've been exploring.

“It's basically a one-step turnkey contract with financing already conceptually in place for when we get the go-ahead from the Russian government to develop the mine,” Schaffalitzky added.

Sinosteel will construct and commission the mine with the contract in total worth US$176mln.

https://www.youtube.com/watch?v=CU6vG1qR_MM

Cheers bj the sp should settle down soon then start going back up once the traders have gone..

Charts & tweets:

Eurasia Mining – Update from start up operation at West Kytlim platinum and gold mine

Thu, 13 Oct 2016, 02:15pm BST

This footage, compiled in late September and early October summarises the start up operation at the West Kytlim platinum and gold mine.

https://www.brrmedia.co.uk/broadcasts-embed/57ff71b74ef34929294b9119/event/?livelink=true

26 Oct 2016
Video of the larger washplant operating at West Kytlim

MiningMaven Investor Evening with Kolar Gold (LON:KGLD), Ortac Resources (LON:OTC) and Eurasia Mining (LON:EUA),

Thursday, 3 November 2016 from 18:00 to 21:00 (GMT)
City of London, United Kingdom

https://www.eventbrite.co.uk/e/miningmaven-investor-evening-with-kolar-gold-lonkgld-ortac-resources-lonotc-and-eurasia-mining-tickets-28223342778

Topping up on the dip..

03 November 2016 
Eurasia Mining plc (AIM: EUA) 

Projects Update

The Company is pleased to update shareholders on progress on its three projects in Russia. Eurasia's West Kytlim platinum and gold project is now in production, first shipments of concentrate began in early September (see RNS dated 9 September 2016). The Monchetundra Project is in late stage development and has been bolstered by an Engineering, Procurement, Construction and Commissioning ("EPC") contract with Sinosteel Equipment and Engineering Co Ltd, while the Semenovsky Gold in Tailings Project remains under review as metallurgical test work for cyanide gold recovery nears completion.
 
 
Monchetundra, Kola Peninsula, NW Russia
 
As announced on Monday 10 October 2016, Eurasia has signed an EPC contract between Sinosteel (one of the largest Chinese stated-owned engineering groups), and Terskaya Gornaya Kompaniya ('TGK'), Eurasia's 80% subsidiary which holds the Monchetundra PGM licence near Monchegorsk, an industrialized area of the Kola Peninsula close to the border with Finland.
 
- Under the terms of the EPC contract, Sinosteel has undertaken to build a processing facility capable of treating 1.7 million tonnes per annum from two open pits within the Monchetundra licence and capable of extracting 130,000 oz of platinum equivalent per annum. The contract value totals US$176,000,000 with a US$50,000,000 subcontract assigned to TGK in respect of preparatory and pre-strip works.
 
- Sinosteel is to be responsible for debt finance covering 85% of the contract value with debt obligations assigned to TGK when the facility achieves production of 130,000 oz PGM equivalent per annum. The loan is assigned to TGK only on successful completion of the works such that Sinosteel are motivated to achieve design capacity on schedule. Interest is charged at a floating rate of 6 month LIBOR +3.5% per annum and the loan term set at 10 years with no penalty for early repayment.
 
- Following the success of the royalty-like structure signed and implemented on the West Kytlim project, Eurasia has entered into talks with an international engineering company to manage the mining operation at the Monchetundra project, and to work for the company as the owner's representative throughout the design and build phase of the Sinosteel EPC agreement and thereafter during the operation of the mine. It is envisaged that the structure used successfully at West Kytlim, where the mining operation is outsourced for a split on revenue, can be replicated at the Monchetundra project. Further updates will be made in due course.
 
West Kytlim, Urals
 
Mining and production of platinum continues at West Kytlim, with weather not stopping production and the forecast reasonable for the coming weeks. The Company will provide details of the final production figures and projected income on completion of the season's works. The trial mining operation has tested two washplants, one owned by Eurasia and refurbished on site, and another larger plant supplied by the contractor SK-Region Stroy. The information pertaining to the constitution and washability of gravels gained from these exercises will be instrumental in ensuring a smooth path to next season's production, as we approach the close of this year's mining season.
 
Semenovsky Tailings Project, Urals
 
Metallurgical testwork continues to investigate the details of the tailings composition, in view of the material being sourced historically from three mines with different mineralogy. This work will be completed shortly and then form the basis of an assessment by metallurgists for the optimal production route. Work is being carried out at SGS Chita and further announcements will be made in due course. 
 
MD Christian Schaffalitzky commented: 
 
"We have endeavored to replicate the structure, which has been proven to work at West Kytlim, at the Monchetundra Project with an additional contract to cover the considerable capital outlay. We believe this presents a route to project development which minimizes exposure for Eurasia, further shareholder dilution, and allows the project to be developed despite a continuing resource sector downturn.
 
We believe the transaction is very much on trend considering Sino-Russian relations over the past number of years. Chinese firms are increasingly active in the Russian market in rare earths, PGM, base metals and precious metals. It was our intention to capitalize on this evolving relationship and to offset some of the development risk to a suitably qualified and experienced engineering firm with considerable banking and political reach. Sinosteel is, under the terms of the contract, highly motivated to deliver the plant as stipulated in the contract, because they will be responsible for $150 million until they reach the production level of 130,000 oz of platinum equivalent per annum.
 
Further outsourcing the running of the mine to an international company with experience in operating mines is now a top priority for Eurasia. Engaging such a group to act as owner's representative during plant construction aims to ensure the plant is built in line with best international practice. We look forward to updating on developments in this regard in the near term."

http://www.moneyam.com/action/news/showArticle?id=5442835

Very good update IMO

Link to the presentation slides from the MiningMaven event last Thursday:

http://www.eurasiamining.co.uk/~/media/Files/E/Eurasia-Mining/reports-and-presentations/Copy%20of%20eua%20mining%20maven%20nov%2016.pdf

Eurasia Mining
@eurasiamining
59m
Video of $EUA MD Schaffalitzky presenting @theminingmaven event last week. goo.gl/ugvM3G pic.twitter.com/qilj51yLhf
View photo ·
https://www.brrmedia.co.uk/broadcasts/582209eb9d013e187447c7c6/eurasia-mining-platinum-pgms-and-gold-in-russia

Eurasia Mining
@eurasiamining
2h
$EUA comes up Trumps with a 33g Platinum nugget. Value ranges £570 to £690, or best for a collector? pic.twitter.com/z9Vqbmzjmb
View photo

  

Nice Nugget lets hope they find a lot more of them. I was at the presentation nice grub and plenty to drink. I'm fully loaded on EUA but still may be having a few more at this price.

18 November 2016
  
Issue of Equity
 
Further to the announcement of 1 August 2016, the Company confirms that it has drawn down a further £200,000 under its loan arrangement with Sanderson Capital Partners Limited ("Sanderson"), and accordingly has today issued 4,800,000 ordinary shares in the Company at a price of £0.00625 to Sanderson in satisfaction of the drawdown fee of £30,000 connected to the loan, described in that announcement. The total amount drawn down under this current loan arrangement with Sanderson is now £500,000.
 
Accordingly the Company has today issued a total of 4,800,000 Ordinary Shares (the "New Shares"). Application will be made for the New Shares to be admitted to trading on AIM and dealings in these shares are expected to commence on the 23 November 2016.
 
Following the issue of the new shares the total number of issued ordinary shares in the Company will then be 1,463,792,059 ordinary shares and consequently the total number of voting rights in the Company will be 1,463,792,059. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in the share capital of the Company under the Disclosure and Transparency Rules.

http://www.moneyam.com/action/news/showArticle?id=5451576

21 November 2016 
Eurasia Mining plc (AIM: EUA)

Potential Agreement

The Company is pleased to announce that its 80% subsidiary company, Terskaya Gornaya Kompaniya ('TGK'), has granted exclusivity to Lemuria Royalties Inc. ('Lemuria') of Canada to conduct a due diligence on its Monchetundra PGM project until January 15, 2017. The purpose of the due diligence is to consider the potential financing of some of the project by Lemuria using a royalty structure.

As announced on 3 November 2016, Eurasia entered into talks with an international engineering company to manage the mining operation at the Monchetundra project, and to work for the company as the owner's representative throughout the design and build phase of the Sinosteel EPC agreement and thereafter during the operation of the mine. The directors believe a financing structure with Lemuria would put Eurasia in a safer position and would be a natural hedge for the project risks, although at this stage there can be no guarantee that any transaction will proceed.

The EPC contract was more specifically described in the announcement of 10 October 2016. This contract is on a turn-key basis, with financing and delivery of first production guaranteed. While a loan of 85% of the estimated project cost is covered by a Sinosteel loan facility that will sit on Sinosteel's balance sheet until the project is up and running, a balance of US$26 million is required for completion of the project.

Due diligence work is commencing immediately and both Eurasia and TGK staff will assist Lemuria in their assessment of the project. Further updates will be provided in due course.

Christian Schaffalitzky, Managing Director commented: "We are excited by this opportunity to further reduce the risk on the development of the Monchetundra project. The royalty structure works by providing capital upfront to advance the development and is repaid from the mine revenue streams. This is another option being considered in seeking the best way forward for Eurasia."

http://www.moneyam.com/action/news/showArticle?id=5452103

Eurasia Mining looking to further de-risk Monchetundra development
10:33 21 Nov 2016

The latter has been granted exclusive due diligence at the site until January 15 next year..



Russia-based Eurasia Mining plc (LON:EUA) will potentially have Lemuria Royalties Inc on board to provide finance at its Monchetundra platinum project.

The latter has been granted exclusive due diligence at the site until January 15 next year..

Eurasia says the idea is Lemuria will potentially fund some of the project through royalty streams.

In October, Eurasia unveiled a huge development deal with Chinese giant Sinosteel, which will build both the mine and processing plant through a contract worth US$176mln.

A loan facility from Sinosteel covers 85% of that project cost, which will sit on Sinosteel's balance sheet until the project is up and running, but a balance of balance of US$26 million is required to complete the project, Eurasia said.

Christian Schaffalitzky, Eurasia's managing director, said today: "We are excited by this opportunity to further reduce the risk on the development of the Monchetundra project.

"The royalty structure works by providing capital upfront to advance the development and is repaid from the mine revenue streams. This is another option being considered in seeking the best way forward for Eurasia."

Giles Gwinnett

Nice bit of news, onward and upward as they say.

You would think onward and upwards. Not to sure why its not?? Fully invested in this now for the long term

ff

More news here could come at any time, STP and this seasons production figures when this goes it will fly..

Nov 28 - Dec 1
Europe's largest mining investment forum


Eurasia Mining Plc

Eurasia Mining PLC is a mining and mineral exploration company focused on platinum, PGM and gold projects in Russia.

The company continues to advance two key licences at West Kytlim in the Central Urals, and Monchetundra on the Kola Peninsula, and retains an option over the Semenovsky gold tailings project in the Southern Urals.

Eurasia made the transition from explorer to miner at the West Kytlim platinum and gold mine in August this year, and plans capital expansion in 2017. The company’s strategy is to focus on near term cash generative projects such as alluvial mining and tailings reprocessing, while leveraging 20 years of Russian experience to bring larger projects to market. The Monchetundra Project was bolstered by a $176m EPC contract in early October, while metallurgical testing at Semenovsky is now in its final stages.
With mining continuing at West Kytlim and a pipeline of quality projects established, Eurasia is poised for growth through 2017.

Stand: D28

http://london.minesandmoney.com/exhibitor/eurasia-mining-plc/

Work at West Nittis on $EUA Monchetundra PGM license today. Dawn at 11, sunset 2pm. -20 but stable and actually quite pleasant ! pic.twitter.com/Csr2zBMK5c
4:07 AM - 29 Nov 2016

  


https://mobile.twitter.com/eurasiamining

Looks like winter is setting in, should get news soon on production so far before the freeze, also news on other projects awaits.
Fully loaded here..

Not a bad day for EUA!

2017 could be a great year for this one!!

Yes starting to motor, a long way to go yet.

Nice start.

EUA being rerated here no top end could go any where.

It would be nice to break through and hold above 1p today

ff
1p is on the cards for the end of day IMO

Two sells reported 3.5 m are buys not sells if you check the times.

MiningMaven 7 Year Anniversary 'Elevator Pitches' from 9 AIM/ASX Mining + Exploration Companies including EUA

https://www.youtube.com/watch?v=Ip0BD3Fp_fM&feature=youtu.be

21 December 2016 

Loan Agreement and Issue of Equity

Eurasia is pleased to announce that it has entered into a new funding facility with a syndicate led by Sanderson Capital Partners Limited ("Sanderson"), of up £1 million (this includes the £500,000 drawn down under the previous loan arrangement with Sanderson, announced on 1 August 2016). . The directors believe this loan will provide the Company with sufficient working capital for the immediate future, with cashflow generation from West Kytlim due to begin in April when production commences.
 
The facility comprises the following;
-     A £500,000 unsecured, interest free, fixed term loan due for repayment no later than 15 May 2017
-     The loan can be drawn down in two tranches of £150,000 tranches no less than 30 days apart and two tranches of £100,000, with tranches two, three and four subject to successfully achieving certain specified project deliverables;
-     The option for Sanderson to include the £500,000 drawn down from the previous arrangement with Eurasia (announced on 1 August 2016) into this facility (taking the total to £1m).
-     A fee payable in 30,769,231 ordinary shares in the company shall be issued as soon as is practicable to Sanderson as an arrangement fee on signing.
-     In addition, a drawdown fee of 15% will be paid by Eurasia to Sanderson for each drawdown, and a further 15% fee will be paid if Sanderson elects to include the previous £500,000 into the facility.
 
Issue of Equity
Following the execution of the Agreement, the Company has today issued new shares in lieu of both the arrangement fee and initial drawdown fee. The total number of shares issued amounts to 33,581,731 ordinary shares ("New Shares") (30,769,231 in respect of the arrangement fee, and a further 2,812,500 calculated as 15% of £150,000 at a share price of £0.008).

Admission is expected to become effective on 29 December 2016 and the New Shares will rank pari passu in all respects with the Company's existing Ordinary Shares in issues. 

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following the allotment of the New Shares consists of 1,497,373,790 Shares with voting rights attached (one vote per Share). There are no Shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Eurasia under the DTRs.

 Christian Schaffalitzky, Managing Director said: "We are pleased to have arranged our financing with Sanderson, essential in maintaining liquidity in the business without diluting our shareholders, while allowing us to further our projects in Russia through Q1 2017, as we anticipate the cash flow from our West Kytlim project. We expect to provide a further strategic project update before close of business for 2017.

http://www.moneyam.com/action/news/showArticle?id=5469314

22 December 2016 
Eurasia Mining plc (AIM: EUA) 

Projects Update and Semenovsky Metallurgical Study Results.
 
Update on West Kytlim and Monchetundra Projects

West Kytlim
Eurasia commenced mining operations at its 75% owned West Kytlim Alluvial Platinum Mine in the Ural Mountains this year (See RNS dated 1 September 2016). Shipments of raw platinum concentrate to a refinery in Ekaterinburg continued through the mining season with a final shipment in the second week of December.

A final statement on revenue from Platinum, Gold, Palladium, Iridium and Rhodium revenues is expected from the refinery in January 2017. The project is performing well, while the deferred payment basis from the refinery (which is a high credit rating company) required the use of a debt facility from Sanderson Capital Partners (See RNS dated 21 December 2016), partly as a temporary interim financing.

Monchetundra
A Feasibility Study "TEO" (Technico Economicheskiye Obosnovaniye or Technical and Economic Feasibility) was officially submitted today (22 December 2016) for approvals at the State Commission on Mineral Reserves ("GKZ"). This document, considered equivalent to a 'Western' feasibility study, documents the economic extraction of the reserves already identified at two open pit targets on Eurasia's 80% owned Monchetundra License.

The reserves, when approved, will represent the maiden reserves defined for the license.  In addition, an Engineering Procurement and Construction (See RNS dated 10 October 2016) contract ("EPC Contract") is already in place with Sinosteel, a Chinese state owned group operating primarily in mining, trading, equipment manufacturing and engineering. The signed EPC Contract has an obligation for Sinosteel to provide $150m financing, subject to certain conditions, with production to commence on a turn-key basis by Sinosteel.

Further updates on both the West Kytlim and Monchetundra Projects will be provided as and when information becomes available.

****Link below for more info on****:

Semenovsky Tailings ("STP") Metallurgical Study Update

Background to the Semenovsky project and metallurgy

Metallurgical study

Highlights of the Metallurgical study


http://www.moneyam.com/action/news/showArticle?id=5470547

30 December 2016 
Eurasia Mining plc (AIM: EUA) 

Issue of Equity and directors holdings

Eurasia Mining plc ("Eurasia" or "the Company"), the PGM mining and exploration company, announces that it has issued 12,413,793 ordinary shares of 0.1 pence at 0.725 pence per share (the "New Shares") in settlement of invoices for various services including accrued directors fees. The shares are issued at 0.725 pence per share, being the closing share price on 29 December 2016.

Of the New Shares, 4,827,586 ordinary shares are being issued to Managing Director Christian Schaffalitzky bringing his total holding to 49,696,674 or 3.29% of issued share capital.

A further 7,586,207 shares are issued at 0.725 pence to other suppliers in lieu of accrued fees.

Accordingly the Company has today issued a total of 12,413,793 New Shares and dealings in these shares are expected to commence on the 6 January 2017.
Following the issue of the new shares the total number of issued ordinary shares in the Company will be 1,509,787,583 ordinary shares and consequently the total number of voting rights in the Company will be 1,589,787,583. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in the share capital of the Company under the Disclosure and Transparency Rules.

http://www.moneyam.com/action/news/showArticle?id=5473039

17 January 2017 
Eurasia Mining plc (AIM: EUA) 

Projects Update January 2017
 
The Company is pleased to update shareholders on progress at its projects in early January 2017.
 
Monchetundra PGM Project, Kola Peninsula, NW Russia
 
As reported on 22 December 2016, a Feasibility Study "TEO" (Technico Economicheskiye Obosnovaniye or Technical and Economic Feasibility) was officially submitted on schedule, for approval at the State Commission on Mineral Reserves ("GKZ"). The document is now under review by a panel of experts who have responded with requests for clarifications and additional information, as per the standard process.
 
On 21 November 2016, it was announced that Canadian company Lemuria Royalties Corporation ('Lemuria') were engaged in considering a royalty structure for both the Monchetundra PGM mine and West Kytlim Platinum and Gold Mine ('West Kytlim'). Lemuria, preferring a focus on cash generating projects in their current portfolio, expressed an interest in West Kytlim only, however Eurasia have opted not to progress with Lemuria and to ensure the development of West Kytlim by continuing to advance the project with its existing partner.
 
 
West Kytlim Platinum and Gold Mine, Ural Mountains
 
A revision to the agreement (see RNS dated 25 May 2016) between Eurasia's Russian subsidiary Kosvinsky Kamen ('KK') and OOO SK Region Stroy ('SKRS') is currently being discussed to outline additional responsibilities for both parties and it is anticipated this could include further capital investment by SKRS. A meeting between KK and SKRS is expected to occur in the last week of January 2017 (in advance of the mining season), at which an international alluvial mining specialist has been engaged to bring additional expertise to the project teams. Items for discussion include production scheduling for 2017 and a detailed schedule for resource upgrade drilling. A further report will be released following these meetings.
 
 
MD Christian Schaffalitzky commented: "It is encouraging to have had an initial response from GKZ who are now actively working on approval of the Monchetundra TEO/Feasibility Study. Our experience in successfully attaining a Mining License at West Kytlim has proven that good communication and information exchange between the applicant and issuer is a good indication of a successful and timely application.
 
Our working relationship with SKRS at West Kytlim throughout 2016 was both amicable and mutually beneficial. It is however imperative from a KK point of view to ensure SKRS deploys the necessary capital to allow the project to expand, in this the second year of production. Whilst there can be no guarantee that this will occur, we remain confident that there is interest on both sides to reaching an agreement on this matter.
 
We wish a happy New Year to our shareholders and we look forward to updating on further progress in the near term."

http://www.moneyam.com/InvestorsRoom/posts.php?tid=8369#lastread

03 February 2017
Eurasia Mining plc (AIM: EUA) 

Issue of Equity

Eurasia Mining plc, the PGM mining and exploration company, announces that it has issued 15,652,174 new ordinary shares of 0.1 pence (the "New Shares") both in settlement of fees relating to a drawdown on the Sanderson Capital Partners ('SCP') facility and as a fee for incorporation of a pre-existing facility with SCP into the current loan agreement which was outlined in RNS dated 21 December 2016, the details of which are as follows:

-     a drawdown of £100,000 was executed on the 17 January 2017 with associated fees paid by issue of 2,608,696 ordinary shares in the company's share capital. The shares are issued at £0.00575 per share, being the closing share price on 17 January 2016; and
-     SCP has elected to incorporate an amount of £500,000 outstanding from a previous facility (see RNS dated 1 August 2016)into the current facility; fees associated with this transaction (being a 15% fee) are to be settled by issue of 13,043,478 ordinary shares in the capital of the company at £0.00575, being the mid open price on 30 January 2017.

Accordingly the Company has today issued a total of 15,652,174 New Shares and dealings in these shares are expected to commence on the 8 February 2017.
Following the issue of the new shares the total number of issued ordinary shares in the Company will be 1,525,439,757 ordinary shares and consequently the total number of voting rights in the Company will be 1,525,439,757 . This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in the share capital of the Company under the Disclosure and Transparency Rules.

The Company also confirms that updates regarding the West Kytlim project are expected to be released next week beginning 6 February 2017.

http://www.moneyam.com/action/news/showArticle?id=5490740

Lift off next week.

Quite possibly if West Kytlim news is positive.........

Still think 2017 is going to be a great year for this one IMO.

06 February 2017
Eurasia Mining plc (AIM: EUA)

Successful step up to Production at West Kytlim during 2016

Eurasia can now report on the final results of the initial mining season at its 75% owned West Kytlim Alluvial Platinum and Gold Mine ("West Kytlim"). Mining at West Kytlim is seasonal with gravel washing possible in a weather window between the months of April and November. The 2016 operation commenced in the later half of this season (See RNS dated 27 July 2016) as mining and other permits became available. Site facilities and infrastructure were put in place ahead of first gravel washing which commenced in the first weeks of September and continued to early November.

A total of 11.3kg raw platinum were produced through the season, with some credits from Palladium (32g), Iridium (350g), Rhodium (49g) and Gold (56g). Two washplants employing different processing schemes were tested on site to further improve knowledge of the washability of the near surface reserves at the Malaya Sosnovka Area. Sluice concentrates from these washplants were upgraded onsite to a raw platinum product which was refined by and sold to a Precious Metals Refinery in Ekaterinburg. The larger of the two washplants had downtime due to minor breakage caused by the passing of heavier gravel and cobbles through the system. Modifications to ensure continuous operation of this washplant have been discussed and will be realized ahead of the 2017 season.

The average mining grade was 449 milligrams per cubic metre. It should be noted that mining grades were notably higher than expected. Average grade of gravels mined was 120% of reserves grade.

A further update on our mining plan for 2017, an outcome of detailed discussions held in Ekaterinburg in the last week of January with our contractors operating the West Kytlim Mine, as well as updates to the agreement with the contractor will follow this announcement directly.

Christian Schaffalitzky, MD at Eurasia commented 'Having met with our contractors this past week in Ekaterinburg we are confident that the 2016 mining season was managed well by both the Eurasia and the contractor's personnel. The season was also successful in terms of becoming familiar with the operating environment, mining machinery and the nature of the ore to be worked, essential elements in an alluvial mining operation. We now look forward to a full mining season in this 2017, preparation for which is already well advanced.'

06 February 2017
Eurasia Mining plc (AIM: EUA)

West Kytlim capital expansion and exploration funding

The Company is pleased to further update on material changes to the sub-contracting agreement at the West Kytlim Alluvial platinum and gold mine and in the working arrangements between the parties. Capital expansion by the contractor has been assured for 2017 and subsequent years. In addition, funding has been secured for a five year detailed exploration programme to upgrade resource areas to reserves ahead of mining.

The agreement (see RNS dated 25 May 2016) between Eurasia's Russian subsidiary Kosvinsky Kamen ('KK') and Region Stroy ('SKRS') has now been superseded by a new agreement between KK and Region Metall ('RGML' or 'the Contractor') an affiliate of SKRS, 100% focused on the mining operation at West Kytlim. The new agreement further outlines responsibilities for both parties and guarantees capital expansion by the Contractor.

Highlights :

-- RGML commits to provide capital expansion for the project, sufficient to satisfy a mining schedule agreed in advance by both parties.
-- KK have moved the mining rights from SKRS to RGML, conditional on certain milestones being achieved, including production according to an agreed 17 year Life of Mine Production schedule.
-- Revised schedule for mining over the next 12 years will cover all resources plus reserves on the license. One washplant is already on site, a further three washplants to be added by 2020.
-- Resource drilling and all other third party exploration costs to be funded by RGML and undertaken under the supervision of KK's director of exploration.
-- This funding is structured as an interest free loan from RGML to KK, deployed according to a detailed 5 year exploration schedule. Total third party exploration costs over the 5 year plan are circa $1,000,000 or(57m RUR)
-- Repayment schedule for the interest free loan commences in 2018 but will be a function of mining grade, as 2016 mined grades were found to be 20% higher than reserves.
-- The split on top line sales is unchanged at 70:30, however the Contractor must achieve a number of milestones and production parameters.

All-party meetings, held in Ekaterinburg (in advance of the mining season) concluded successfully with agreement on a new mining schedule which foresees significant capital expansion at the project in 2017 and subsequent years to a 12 year life of mine. Mining operations and site preparation are to commence in February, with first gravel washing anticipated in early summer 2017. The washplant used for 2017 production will be re-commissioned and a further washplant will be built in the second half of the 2017 production season. Further washplants will be added as required, to ensure production targets stipulated in the production schedule are met, up to four operational units by year 5(2020). The production schedule is a cornerstone of the mining rights awarded to the contractor, such that failure to meet production targets may result in an annulment of mining rights.

Mining in 2017 will continue at Malaya Sosnovka and later progress to Kluchki (see map on Eurasia's website www.eurasiamining.co.uk before the end of the season. Overall it is expected that approximately 100kg raw platinum will be produced in 2017, of which 30kg is attributable to Eurasia. Stripping of overburden and mining to stockpiles will commence in March 2017 with washing expected by early summer.
A five year exploration program has been agreed and already approved by the Ministry for Subsoil use. RGML have agreed to fund this program by means of an interest free loan to KK to cover all third party exploration costs including regular, large diameter and hydro geological drilling. KK will manage these exploration programs and, as the mining license holder, will continue to calculate and make applications for reserves approval and permitting.

MD Christian Schaffalitzky commented: "We are pleased to have refreshed our agreement with the Contractor at West Kytlim and to have ensured fresh capital to the project, again without diluting our shareholders and without changing the revenue split formula, which remains favorable for Eurasia. Our working relationship with the Contractor throughout 2016 was both amicable and mutually beneficial. It was however imperative from a KK point of view to ensure the Contractor deploys the necessary capital to allow the project to expand, at no cost to our shareholders, in the second year of production. A further positive result from this new arrangement is that the Contractor has committed to support exploration expenditure by means of a loan to KK, and this without a review of the revenue split. This work is essential to ensure sufficient supply of ore to the washplants.
We feel the project is now well in hand for 2017 and are delighted to remove the additional exploration cost from our budgets for 2017 and subsequent years. Our team in the Urals are doing a great job supervising both the mining and the exploration and this is set to continue. All the technical issues have now been solved and the project is set to have a full and we are confident successful mining season in 2017."

Excellent news up up and away well done CS.

Really surprised at the share price reaction to this news

Eurasia re-draws mining agreement at West Kytlim
14:28 06 Feb 2017

Russian firm SKRS has agreed to new production targets under a 17 year schedule



Eurasia Mining plc (LON:EUA) has renegotiated the terms of its mining agreement for the West Kytlim alluvial platinum mine in Russia.

In return for a transfer of the mining rights Russian firm SKRS has agreed to new production targets under a 17 year schedule.

Next year will see a second washplant come on stream and within five years the aim is to have four running to meet the production targets set down in the new agreement.

In addition, SKRS will put up US$1mln through an interest free loan for exploration though the 70:30 revenue split between SKRS and Eurasia’s local subsidiary KK remains unchanged.

Production in 2017 is forecast at 100kg of platinum (3,220 ounces ) of which Eurasia’s share is 30%.

Christian Schaffalitzky, Eurasia’s managing director, said: “It was imperative from a KK point of view to ensure the contractor deploys the necessary capital to allow the project to expand, at no cost to our shareholders, in the second year of production.

“A further positive result from this new arrangement is that the contractor has committed to support exploration expenditure by means of a loan to KK, and this without a review of the revenue split. This work is essential to ensure sufficient supply of ore to the washplants.”

Trial mining in 2016 produced 364oz of platinum, but notable was the fact that grades were 20% higher than the amount shown in the reserves for West Kytlim.

Philip Whiterow

Happy to hold here, revenue coming in while we wait for the beast of MT and STP to come on board. This is my biggest holding and will add on any dips.

Eurasia Mining - Project update 2017

https://www.brrmedia.co.uk/broadcasts-embed/58919fc8509d1a5e5504a05a/event/?livelink=true&popup=true

Eurasia Mining has a diverse portfolio of Russian precious metals projects

http://www.proactiveinvestors.co.uk/companies/news/173323/eurasia-mining-has-a-diverse-portfolio-of-russian-precious-metals-projects-173323.html

New.
Substantial interview by CS

hTTp://www.share-talk.com/share-news/christian-schaffalitzky-md-ceo-of-eurasia-mining-plc-loneua/

Very interesting interview, cheers driver.

bj

I'm a big fan of EUA this is my second biggest holding, the new mining season is nearly here and news on STP could happen at any time while we wait for the Giant of MT a company changer, so plenty to come here. Load up while its cheap..

Yes, 2017 should be very positive for EUA, they have a good plan of action and are keeping investors updated as they progress.

24 March 2017
 Eurasia Mining plc (AIM: EUA)
 
Company Update
 
Eurasia is pleased to update shareholders on the three projects currently being worked by the Company.
 
Highlights
 
·    Production work has commenced at the Malaya Sosnovka Area within the West Kytlim Alluvial Platinum and Gold Mine. An increase in the reserves for the Malaya Sosnovka area has also been submitted for approval
 
·    First review and additional information has been completed by the Reserves Committee assessing the Feasibility Study and Reserves Report for Monchetundra in Kola
 
·    Discussions on project finance underway for the Semenovsky Tailings and exclusivity period extended
 
 
West Kytlim
 
Site preparation for the coming mining season proceeds at pace, with 2 Komatsu 355 bulldozers, 2 Komatsu (350 and 400) excavators and an additional diesel power plant delivered to site. The small wash plant is operational. The large wash plant is being upgraded now and the upgrade is expected to be completed in April 2017.
 
Excavating and stockpiling commenced at the Malaya Sosnovka deposit, continuing from where work stopped at the end of the previous mining season. Exploration drilling commenced on 4 March 2017 at the adjacent Bolshaya Sosnovka deposit. 206m have been completed to date of approximately 1,400m planned for 2017 at both the Bolshaya Sosnovka and Kluchiki deposits.
 
As per standard practice under the Russian system, a technical report must be written for each new area to be mined. This report is then assessed by the relevant authority which issues a Mining Allotment for that area and the extraction of the reserves therein. A Technical Design Report for the first-stage of mining at the Kluchiki deposit has been approved by the authorities and a Mining Allotment was issued in March 2017. This is for a design volume of 645,000m3 of stripping and 362,000m3 of gravels containing 108kg of raw platinum. These reserves are scheduled for development in 2018.
 
In addition, as a result of new information resulting from mining work in 2016 at the Malaya Sosnovka deposit, an increase to the reserves at Malaya Sosnovka has been submitted for approval to the Reserves Commission. It is expected this will increase the previously approved reserves by approximately 15% at this open pit deposit.
 
Monchetundra
 
At the end of 2016 the Company submitted its documentation for a TEO (Feasibility Study) and reserves approval at Monchetundra. The Reserves Committee (GKZ) responded in February 2017, meeting with the Company's team to discuss the reports in detail. The Company has provided answers to all additional queries and awaits final approval. When the TEO and the reserves are approved, the next step will be the award of the Discovery Certificate that allows the Company to receive the production licence.
 
 
Semenovsky Tailings Project (STP)
 
The main activity on this project is looking at the optimal route to mining, using project finance or else a (risk-free for Eurasia) revenue-sharing structure similar to that in place at West Kytlim. In order to provide time for this process the owner has agreed to a further extension of the exclusivity period, previously announced on 22nd December 2016 until 31 May 2017.
 
 
Commenting on progress, Managing Director Christian Schaffalitzky said: "We are pleased with progress in all three projects which are advancing as planned. At West Kytlim we have just started the production work for the year. At Monchetundra the project is coming to fruition and we expect the approval of the TEO and the reserves. At STP, we are seeking a financing structure that would avoid dilution for Eurasia shareholders.

In the view of the Board, we are happy that the Company is steadily securing its future and making a platform for further development of Eurasia for our shareholders. 

Eurasia will be attending two investors conferences in the coming weeks; Master Investors Show on Saturday 25th March 2017 and the UK investor show on April 1st 2017. We would be pleased to discuss these updates in person at these upcoming events.".

http://www.moneyam.com/action/news/showArticle?id=5518742

Eurasia Mining "steadily securing its future"
07:35 24 Mar 2017

With its diverse portfolio of precious metals assets in Russia at various stages of development, Eurasia says it's "steadily securing its future"

http://www.proactiveinvestors.co.uk/companies/news/173323/eurasia-mining-steadily-securing-its-future--173323.html

Another very good update. Plenty of potential on all fronts.

29 March 2017 
Eurasia Mining plc (AIM: EUA)

Sanderson Partners facility drawdown
 
Eurasia Mining plc, the PGM mining and exploration company (the "Company"), announces that it has executed a further drawdown of its loan facility with Sanderson Capital Partners (see RNS dated 21 December 2016).

A drawdown of £100,000 was executed on the 20 March 2017. The drawdown fees of £15,000 is to be satisfied by the issue of 2,857,143 ordinary shares in the Company's share capital, at a price of £0.00525 per share, being the mid price at open on Friday 17 March 2017.

Accordingly the Company has today issued a total of 2,857,143 Ordinary Shares (the "New Shares") and dealings in these shares are expected to commence on the 04 April 2017.

Following the issue of the New Shares the total number of issued ordinary shares in the Company will be 1,531,024,173 ordinary shares and consequently the total number of voting rights in the Company will be 1,531,024,173. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in the share capital of the Company under the Disclosure and Transparency Rules.

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

http://www.moneyam.com/action/news/showArticle?id=5521886

UK Investor Show 1st APRIL 2017


Christian Schaffalitzk will be speaking at this event:

https://www.ukinvestorshow.com/

https://www.ukinvestorshow.com/companies/

https://www.ukinvestorshow.com/speakers/

03 April 2017 
Eurasia Mining plc (AIM: EUA)

Monchetundra Project - Feasibility Study Approval

Eurasia Mining plc, the PGM mining and exploration company, is pleased to announce that the Feasibility Study for the Monchetundra Project, submitted in late December 2016 (see RNS dated 22 December 2016) has been approved by the State Commission on Mineral Reserves ("GKZ").

An official protocol confirming this decision will now be issued by GKZ who then send the document for final approval to Rosnedra.

The Feasibility Study describes the economic extraction of reserves identified at two open pit targets on Eurasia's 80% owned Monchetundra License.

Two open pittable targets have been identified at Loipishnune and at West Nittis occurring approximately two kilometers apart.

Further details will be released when the reserves are officially released by Roznedra, which is the final stage for their approval under the Russian Standard.

http://www.moneyam.com/action/news/showArticle?id=5525377

I'll watch later but here is the video from the UK Investor Show last Saturday:

https://www.youtube.com/watch?v=cgzhWI6oFYU&feature=youtu.be

Latest Presentation

http://www.eurasiamining.co.uk/~/media/Files/E/Eurasia-Mining/reports-and-presentations/EUA%20UKIS%20Mar%2017.pdf

Ah yes driver, that was the presentation slides they gave at the UK Investor Show last Saturday.

Proactive Investors One2One Investor Forum - London

Rainbow Rare Earths Limited | Eurasia Mining plc | Mariana Resources Ltd. | Anglo Asian Mining Plc

May 9th 2017, 6.00 pm - Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair

http://www.proactiveinvestors.co.uk/register/event_details/92

From Mining Investment Asia 2017 28th-31st March 2017

Interview with Dmitry Suschov, Member of Board of Directors (Eurasia Mining, UK)

https://www.youtube.com/watch?v=cD_TpcdXuz8

https://mobile.twitter.com/eurasiamining

26 April 2017 
Eurasia Mining plc (AIM: EUA)
 
Sanderson Partners facility drawdown
 
Eurasia Mining plc, the PGM mining and exploration company, announces that it has executed the final drawdown of its loan facility with Sanderson Capital Partners (see RNSs dated 21 December 2016 and 29 March 2017).

The final drawdown of £50,000 was executed on 21 April 2017. The drawdown fee of £7,500 is to be satisfied by the issue of 1,500,000 ordinary shares in the Company's share capital, at a price of £0.005 per share, being the mid-price at open on 21 April 2017.

Accordingly, the Company has today issued a total of 1,500,000 Ordinary Shares (the "New Shares") and dealings in these shares are expected to commence on the 3 May 2017.

Following the issue of the New Shares the total number of issued ordinary shares in the Company will be 1,532,524,173 ordinary shares and consequently the total number of voting rights in the Company will be 1,532,524,173. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in the share capital of the Company under the Disclosure and Transparency Rules.

http://www.moneyam.com/action/news/showArticle?id=5538038

A little reminder of tomorrow's event:

****************************************************
Proactive Investors One2One Investor Forum - London

Rainbow Rare Earths Limited | Eurasia Mining plc | Mariana Resources Ltd. | Anglo Asian Mining Plc

May 9th 2017, 6.00 pm - Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair

http://www.proactiveinvestors.co.uk/register/event_details/92

09 May 2017 
Eurasia Mining plc (AIM: EUA)
 
Company Update
 
Eurasia is pleased to update shareholders on the three projects currently being worked by the Company.
 
Highlights
 
·    Today is Victory Day in Russia - The contractor at West Kytlim has commenced production for 2017
 
·    Following the statutory approval of the Feasibility Study and the Reserves Report at Monchetundra, the Company is preparing documentation for the Discovery Certificate application
 
·    Company increases its interest option in the Semenovsky Tailings Project to 67%
 
 
West Kytlim
 
Detailed site preparation work has continued since our latest update on 24 March 2017. The main washplant has been delivered to site and assembly work nears completion. The small washplant is also ready for operation. The main ore zones in Malaya Sosnovka are prepared for mining. Snow melt is well advanced, resulting in the filling of the reservoir ponds to provide water for the washplants.
 
The contractor has selected 9 May as the official start date for production, being the anniversary of the end of World War 2, celebrated in Russia as Victory Day. Further updates will follow as production gets underway.
 
Monchetundra
 
As announced on 3 April, the Reserves Report and the Feasibility Study for the Monchetundra Project were approved by the State Commission on Mineral Reserves ("GKZ"). The next step is for the Company to file an application for a Discovery Certificate and the documentation is being prepared.
 
 
Semenovsky Tailings Project (STP)
 
Work continues on financing plans for STP, using project finance or else a (risk-free for Eurasia) revenue-sharing structure similar to that in place at West Kytlim. In parallel, Metal Tiger plc, in line with its new strategic objectives, will not continue with this project which was financed 50:50 in joint venture with Eurasia. As a result Eurasia now has the right to acquire 67% of the project under the exclusivity agreement with the owner, recently extended to 31 May 2017. The joint venture commenced in November 2015 (See RNS dated 16th November 2015) and significantly advanced the project through to state approval of maiden reserves of 3.9 tonnes of gold and 49.3 tonnes of silver (see RNS dated 31st August 2016). The joint venture also funded a metallurgical sampling program which tested the direct cyanide recovery of gold and silver from the tailings sediments.
 
Commenting on progress, Managing Director Christian Schaffalitzky said: "We are pleased to resume production at West Kytlim and look forward to a productive year. We are excited by the prospects for Monchetundra and shortly will file the application for the Discovery. As for STP, now that Metal Tiger will no longer be with us, we are in a better position to negotiate project finance with a third party, as we revert to a potential 67% interest".

http://www.moneyam.com/action/news/showArticle?id=5545276

Had some more at .4 early today..


("Eurasia" or the "Company")

Unaudited preliminary results

for the year ended 31 December 2016

http://www.moneyam.com/action/news/showArticle?id=5550052

Looking good here now, Sanderson will soon be out and a new loan in place onward and upwards..

only just seen the second RNS, will have a good read tonight

Was worried for a while but now i see a bright future again!!!

From yesterday:

Eurasia Mining looks at new loan as production picks up
15:35 16 May 2017

A loan arrangement with third parties and Dmitry Suschov, a director of the company, for £1.6mln will repay the existing Sanderson loan arrangement,



Eurasia Mining plc (LON:EUA) is looking to refinance with a director’s loan as it steps up production at the West Kytlim alluvial platinum mine in Russia.

A loan arrangement with third parties and Dmitry Suschov, a director of the company, for £1.6mln will repay the existing Sanderson loan arrangement, though the details have yet to be confrmed.

Eurasia posted first revenues of £140,00 in 2016 as it produced its first platinum at West Kytlim. Currency movements helped it post profits of £994,000 (£1.69mln loss).
This year at West Kytlim, Eurasia expects a full season of production and if development of a second area at Kluchiki goes to schedule a second plant may also come on stream before the end of the field season. 

At Monchetundra, a major compilation effort combined with new hydrogeological and metallurgical work, culminated in a feasibility study being lodged in December 2016 as an application for the approval of reserves under the Russian classification system
This study had been approved and the company is waiting for the formal registration of these reserves.

Eurasia said the next step is the application for a Discovery Certificate and then a production licence for a 25-year term. A development plan for two deposits will then follow.

At the Semenovsky tailings project, several project finance options are being considered with the aim to minimise shareholder dilution.

The company added that Michael Martineau is also standing down as chairman with Christian Schaffalitzky to take over as Executive Chairman and acting CEO.

Philip Whiterow

19 May 2017 
Eurasia Mining plc (AIM: EUA)

Up to US$ 2 million Loan Facility and Issue of Equity
Related Party Transaction
Transaction by a PDMR

Eurasia announces that it has entered into new funding facilities for approximately US$ 2 million with three parties, including its existing funding provider Sanderson Capital Partners ('Sanderson'), a consortium of investors arranged through London based institution Riverfort Global Capital Ltd ('Riverfort') including Cuart Growth Capital Fund I ('Cuart') and YA II PN ('YA'), and finally, a further investment from the Company's non-executive director Dmitry Suschov
 
Highlights:
 
·    All obligations regarding a previous Sanderson loan (see RNS dated 21 December 2016) have now been settled.
·    This comprehensive financing package of more than US$2 million has been designed to provide the Company with sufficient working capital, and
·    integrated with cashflow from the Company's operating mine at West Kytlim will allow the Company to carry out its 2017 objectives.
 
Christian Schaffalitzky, Managing Director said: 'We feel our finances are now well arranged, especially in light of income from production at our West Kytlim Mine this year, in 2018 and for its projected 12-year life.'
 
Further details:
 
Sanderson Capital Partners financing
 
The loan agreement, entered into with Sanderson on 21 December 2016 (see RNS dated 21 December 2016) for a principal of £1 million has been repaid and a new facility comprising a principal amount of £250,000 has now been arranged with Sanderson Capital Partners Limited over a twelve-month term (the "Sanderson Loan Agreement"). The Sanderson Loan agreement is interest fee and has a repayment date of 12 May 2018  
 
Eurasia has applied for immediate drawdown of the Sanderson Loan, and accordingly a drawdown fee of 15%, and a 5% legal and documentation fee for a total of £50,000 are now due. This is to be satisfied by the issue of 10,526,316 ordinary shares at a price of £0.00475.
 
Under the terms of the Sanderson Loan Agreement the loan must be used for working capital purposes and Sanderson has the right (but not the obligation) to convert all or part of the loan into Ordinary Shares of the Company at a price of 0.475p per Ordinary Share.
 
 
 
Loan Agreement arranged by Riverfort Global Capital
 
The Company has also executed a loan agreement with YA II PN Limited, on behalf of a consortium of investors arranged by London based Riverfort Global Capital Ltd for US$1,250,000, with a repayment date of 15 May 2018 although this can be extended, by mutual agreement, for a further 6 months for a fee of 6% of the then outstanding principal (the "Riverfort Loan"). The loan agreement was executed with YA as the lead investor with a participation by Cuart Growth Capital Fund ('The Investors').
 
Eurasia has arranged for immediate drawdown of the whole Riverfort Loan.
 
Interest applies on the loan at a rate of 14% although with a three-month repayment holiday on both interest and principal. An implementation fee of US$100,000 is immediately deductible from the principal amount on transfer of funds.
 
 The Investors may elect, at their discretion, to convert all or part of the loan repayments (interest and principal) into shares in the Company, at, the lower of a share price of £0.006 and, 90% of the Company's lowest daily volume weighted average price('VWAP') during the five days prior to conversion.
 
In addition, the agreement includes the issue of Warrants to YA (and any affiliated party of YA), at 50% cover of the principal amount, and at a 20% premium to the VWAP in the 30 days preceding the agreement. Consequently the Company has today issued 80,749,333 warrants at an exercise price of £0.006 per warrant. The warrants issued shall have a subscription period of three years.
 
Loan Agreement with Dmitry Suschov
 
The Company today has executed an agreement with Dmitry Suschov for a convertible loan of up to US$500,000 (the "Suschov Loan Agreement").  The Suschov Loan is convertible at any time into Ordinary Shares in the Company, at a price of 0.475p per Ordinary Share.
 
Under the terms of the Suschov Loan Agreement US$500,000 will be immediately drawn down by the Company. Interest accrues on the Suschov Loan at a rate of 15% which is to be satisfied by either cash payments or the issue of equity at a price of 0.475p per Ordinary Share.
 
In addition, Dmitry Suschov will be issued with a warrant to subscribe, at any time for the next three years, for 10,000,000 Ordinary Shares in the Company at an exercise price of 1p, i.e. 217% of the current market share price.
 
Following this transaction, and assuming full conversion of the loan and exercise of warrants, Dmitry Suschov would be interested in 391,031,912 Ordinary Shares in the Company, representing 23.71% of the issued share capital.
 
The directors of the Company consider, having consulted with the Company's Nominated Adviser WH Ireland Limited, that the terms of the transaction are fair and reasonable insofar as the shareholders are concerned.
 
Issue of Equity
 
Following the execution of the Sanderson Loan Agreement, the Company has today issued and allotted new shares in lieu of the Sanderson drawdown and legal fees. The total number of shares issued amounts to 10,526,316 at a share price of £0.00475 ("Sanderson Shares").
 
Accordingly, application has been made for the Sanderson Shares to be admitted to trading on AIM and Admission is expected to become effective on 26 May 2017. The Sanderson Shares will rank pari passu in all respects with the Company's existing Ordinary Shares in issues.
 
 
Total Voting Rights
For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following the allotment of the New Shares consists of 1,543,050,489 Shares with voting rights attached (one vote per Share). There are no Shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Eurasia under the DTRs.

http://www.moneyam.com/action/news/showArticle?id=5552429

31 May 2017 
Eurasia Mining plc (AIM: EUA)

 Russian State Subsoil Agency approves Maiden Reserves at the Monchetundra Project

Eurasia Mining plc ("Eurasia" or the "Company"), the platinum and gold production company, announces that the Reserves Report and Feasibility Study for the Monchetundra palladium and platinum Project, submitted in late December 2016 (see RNS dated 22 December 2016), have now been approved by the Russian State Agency for Subsoil Use ("Rosnedra").

These Maiden Reserves are the first to be approved on the Monchetundra License. The notice regarding their approval at the State Commission on Mineral Reserves ("GKZ") was given on the 03 April 2017 (see RNS dated 03 April 2017) after which the report progressed to Rosnedra. These Reserves and Resources are attributable to Eurasia's 80 per cent owned Terskaya Mining Company ("TGK").

Highlights:

·     Global, state approved Reserves and Resources within the Monchetundra Project comprise Russian standard C1 and C2 categories of 55.9 tonnes ("t") (1.9 million ounces) palladium equivalent (palladium and platinum) with major additional gold and base metal credits, at two open pittable locations.

·     The Reserves are now fully compliant, as defined under GKZ standards, and final approval has been received at Rosnedra and the Reserves and Resources have been entered to the state balance.

·     An application for a Discovery Certificate attributing mining rights to the holder is to be lodged shortly.

Christian Schaffalitzky, Managing Director of Eurasia commented,
"This is an incredibly important development at our Monchetundra Project which we have been working on for more than 10 years now.

"Much of the 30 kilometers ("km") of drilling on the license was financed through a Joint Venture with Anglo American Platinum who sold their equity to Eurasia in 2014. Since that time, Eurasia have managed to continue to advance the project through to the Feasibility Study and Reserves approval, Engineering Procurement and Construction ("EPC") contract and financing - a considerable undertaking for an exploration company with a very limited budget.

"This excellent result has come considerably quicker than we had anticipated, as the Reserves Report and the Feasibility Study were only submitted for approval on the 31st December 2016.

"The application for the award of a Discovery Certificate has already commenced, and following that, Eurasia will be entitled for a Production License, thus following the same route as our West Kytlim project which we brought in to production in 2016. In parallel, we are working on creating partnerships with qualified firms to help realise the potential of this significant platinum, palladium, gold, copper and nickel mine, with the bonus of having an EPC contract with the financing inside it already in place.
"Our proposed route to development is similar to the model applied to our already producing mine at West Kytlim. As the Monchetundra open pit mine is significantly larger, a management company with experience in beneficiating platinum group metals ("PGM") ores will be employed.  These discussions have been underway for almost one year and are now advanced.

"In 2016, Eurasia made the transition from an exploration company to a production company and, in 2017, the West Kytlim mine will achieve its first year of production, with a further ramp up in production every year to 2020 and Life of Mine to 2028. West Kytlim may therefore underpin the Company going forward, as we further advance our Monchetundra Project and, indeed, the Semenovsky tailings project. We are pleased to announce that these Reserves comprise almost two million ounces total contained PGM."

Details

***via Link Below***

http://www.moneyam.com/action/news/showArticle?id=5558242

Excellent news $1.8b plus of reserves, should see a nice steady rise from here, M/Cap should be ten times the £8m where we are today.

Tip TV Mining – Kola Peninsula project gets a nod from Russia state agency – Eurasia Mining.

http://tiptv.co.uk/tip-tv-mining-kola-peninsula-project-gets-nod-russia-state-agency-eurasia-mining/

Good volume today and a nice 9.5% rise, still very undervalued a multi bagger in the making..

Who Should Attend?Date:

Wednesday 21 June 2017

Venue:

Novotel Tower Bridge, London EC3N 2NR, 10 Pepys Street, London, EC3N 2NR

Event Timings:Sponsored by:

15 June 2017
Eurasia Mining plc (AIM: EUA) 

Semenovsky Tailings Project - Extension of Agreement
 
Eurasia Mining plc, the Russia focused Platinum, PGM and gold production and development company, is pleased to announce an extension to the Heads of Terms agreement with OOO Metallurg Complect, over the Semenovsky Tailings Project ("STP"). Eurasia's exclusive right to acquire up to 67per cent of the project has now been extended to end of August 2017. This timeline ensures sufficient time for Eurasia to continue its development program at Semenovsky, ahead of making a final decision on participation.
 
Background to the Semenovsky project and metallurgy

Eurasia's initial agreement with Metallurg Complect was executed on 16 November 2015. Throughout 2016 Eurasia has made significant progress in developing the project towards mining. Eurasia contracted the writing of a feasibility study and reserves report and achieved approval of these reserves in August 2016.
The maiden reserves at the project were approved as 2.99 million tonnes of ore grading 1.18 grams per tonne ("g/t") of gold and 16.44 g/t of silver, with contained metal calculated as 3.5 tonnes of gold and 49.3 tonnes of silver (see RNS dated 31 August 2016 for full details of these results).

Subsequently, Eurasia undertook a metallurgical testing program to further clarify the best process by which to recover gold and silver from these mine tailings. Ultimately it was found that a 'low-tech' circuit liberating 40per cent of gold in cyanide leach tanks, and recovering gold from solution using a manufactured resin was found to present robust economics (see RNS dated 22 December 2016)

Internal calculations undertaken by Eurasia on STP indicate an 8.5-year mine life, producing an average of 4,938 ounces of gold and 682,000 ounces of silver per annum and generating total revenues of $57 million at a gold price of $1,135 per ounce (December 2016 prices). Eurasia has estimated that free cashflow after allowing for processing costs, land rehabilitation and relevant taxation would total $33million or $3.8 million per annum. At a 10per cent discount rate Eurasia has estimated the project Net Present Value to be approximately $15million with a project Internal Rate of Return of approximately 54per cent. However, at this stage, there can be no guarantee that these results will be achieved.
 

Bulk testing program

A further option, which is now being costed and discussed in greater detail involves transport of a bulk sample to a nearby operating gold plant to test gold recovery at an industrial scale. This may be considered as the final due diligence exercise in de-risking the project ahead of a decision on whether to proceed to building the mine. This operation is now being costed by Company representatives who are visiting the proposed plant. The plant comprises crushing, grinding and leaching circuits, with subsequent recovery of gold from leach solutions via a Merill Crowe Machine. To replicate the proposed plant at Semenovsky it is proposed to bypass the initial crushing and grinding circuits, and deliver Semenovsky ore direct to the leaching circuit. An update will be provided on this work as and when information becomes available.

Christian Schaffalitzky, CEO of Eurasia commented:
"I am delighted that Eurasia's exclusive right to acquire up to 67 per cent of the Semenovsky Tailings Project has now been extended to end of August 2017 as this ensures sufficient space for the Company to continue its development program.  I look forward to updating shareholders with our final decision on whether to participate in the coming months."

http://www.moneyam.com/action/news/showArticle?id=5567733

All good news for the future lift off. (bagger).

15 June 2017 
Eurasia Mining plc (AIM: EUA)

Discovery Certificate application for Monchetundra Reserves officially submitted.
 
Further to the Company's announcement regarding state approval of Reserves and Resources at the Monchetundra palladium and platinum project (see RNS 31 May 2017), Eurasia is pleased to announce that a Discovery Certificate application has officially been lodged at Rosnedra. This certificate assigns mining rights for the associated Reserves to the holder.

This discovery certificate application is made regarding all Reserves and Resources which received approval at the Russian State Agency for Subsoil use ('Rosnedra'). 

As previously announced, global approved Reserves and Resources within the Monchetundra Project comprise Russian standard C1 and C2 categories of 55.9 tonnes ("t") (1.9 million ounces) palladium equivalent (palladium and platinum) with major additional gold and base metal credits, at two open pittable locations. The full Reserves and Resource Statement is set out in the announcement dated 31 May 2017.

In addition, Eurasia will be presenting at a Shares Magazine Investor evening on Wednesday 21 June 2017, at Novotel Tower Bridge, London EC3N 2NR. Interested parties may register for the event at the below website;
https://www.sharesmagazine.co.uk/events/event/shares-investor-evening-london-210617

http://www.moneyam.com/action/news/showArticle?id=5568170

Eurasia Mining well-positioned in what will potentially be a major new PGM producing area
13:11 15 Jun 2017

“Kola is a company maker,” says Christian Schaffalitzky, managing director of Eurasia Mining plc (LON:EUA). “Certainly Kola is a company maker.”
He’s speaking in the wake of a decision by the Russian State Subsoil Agency Rosnedra to give its official seal of approval to the 1.9 mln ounces of palladium and platinum booked by Eurasia at its Montechundra project.

Situated at the western end of the Kola Peninsula, Montechundra is the only platinum and palladium project left standing in the region after the clear-out engendered by the long mining bear market. There are rumours that Barrick might reactivate a moth-balled project to the north, but that’s another story.

“I do think Kola will become a producing region in the future,” says Schaffalitzky, “simply because of the costs of mining PGMs in South Africa.”
South Africa is the world’s foremost producer of PGMs by some way, but operations there have been bedevilled by low prices, deep mines, union battles and a general air of political uncertainty.

A major new platinum district remains one of the holy grails of the mining industry, and if Kola isn’t quite set to challenge South Africa yet, Schaffalitzky remain optimistic about the future.

“The exploration potential remains excellent at Kola,” he says.
If the Russian bureaucratic environment can manage to be more benign than the South African one then, it may stand a chance.

A favourable sign was certainly in evidence at the end of May when Rosnedra gave the official government nod to Montechundra. Eurasia is embarking on the next phase, as Schaffalitzky explains.

“We are now filing a discovery certificate,” he says. “That’s the first step to getting title in Russia.”

In the interim there’ll be something of a hiatus on the ground at Montechundra, but behind the scenes the company will be working on a detailed development plan, that may yet include adding to the existing resource.

“The two open pits that comprise the project are pretty well defined, open at depth and along strike,” says Schaffalitzky.

“We’re optimistic they’re going to end up being even bigger than they are at the moment. But in the meantime, there won’t be much spend over the next 12 months. Instead we’ll be preparing the project for financing.”

To that end, Eurasia has already lined up Sinosteel as the major contractor. Sinosteel has agreed in principle to provide 85% of the US$176 mln development capital in the form of a LIBOR+3.5% loan which they will hold on their own balance sheet until they hand over the plant.

That leaves Eurasia with 15% to find, but on that score the company has a trick up its sleeve.

“We have to find the balance of US$25 mln,” says Schaffalitzky. “But there is, within the Sinosteel proposal a direct subcontract back to us to do the pre-strip, prepare road networks, do geotechnical work, conduct logistics and so forth. We do all that for a US$50 mln subcontract, so although we have to borrow US$25 mln we’re getting US$50 mln back.”

But will there be enough margin on that work to cover Eurasia’s end?
“We reckon we should be more than able to pay for the works we’re expected to carry out, plus the balance should be nearly enough to pay for the US$25 mln.
As for the remainder, Schaffalitzky says Eurasia did speak to a streaming company last year, but that actually at that point it was too early to enter into anything tangible.

The time for that will come again, but meanwhile Eurasia has also been making progress at the West Kytlim alluvial platinum mine in the Ural Mountains. The timetable here had been thrown off due to adverse weather, but nevertheless, says Schaffalitzky, 2017 is the year that the company expects to have full production from one washplant.

In time, two more washplants will come on stream, such that a back of the envelope calculation shows that by 2019 the project ought to be able to produce 300 kilos of PGMs per year.

That’s a nice little cash generator, made all the more useful by Eurasia’s arrangement with its contractor that its take comes as a percentage of revenues rather than profits.
But it’s still relatively small. For the company maker, it’s back to the Kola Peninsula and the methodical work that will be involved in pioneering a whole new platinum and palladium mining area.


Alastair Ford

http://www.proactiveinvestors.co.uk/companies/news/179326/eurasia-mining-well-positioned-in-what-will-potentially-be-a-major-new-pgm-producing-area-179326.html

Eurasia Mining ticks off key steps at Monchetundra
09:31 16 Jun 2017

Christian Schaffalitzky, managing director of Eurasia Mining plc (LON:EUA) caught up with Proactive's Andrew Scott to update on developments at their Monchetundra palladium and platinum project as well as progress at West Kytlim and the Semenovsky tailings project.

http://www.proactiveinvestors.co.uk/companies/stocktube/7648/eurasia-mining-ticks-off-key-steps-at-monchetundra-7648.html

Christian Schaffalitzky, MD of Eurasia Mining (EUA)

https://www.youtube.com/watch?v=Af1786HyC0I

Cheers driver, wasn't expecting to be able to watch the actual presentation.

29 June 2017 
Eurasia Mining plc (AIM: EUA)
 
Result of Annual General Meeting 
 
Eurasia Mining plc, the Russia focused Platinum, PGM and gold production and development company, is pleased to announce that all resolutions were duly approved at today's Annual General Meeting ("AGM")..

Speaking after the formal business of the AGM, incoming interim Chairman Christian Schaffalitzky said:
"Today our chairman Dr Michael Martineau is retiring from the board after many years of service to the Company. Michael was responsible for focusing the business on platinum, initiating a joint venture with Anglo Platinum in 2001 who worked with us for 13 years in Russia, supporting the developments which have led to the production start of the mine at our West Kytlim project and a major palladium, platinum, gold and base metals mine discovery as well as feasibility study and reserves approval at our Monchetundra project.

"We are very grateful for his role in leading Eurasia and we wish him well in his retirement. Now that we are at production stage it is a logical step to hand over the company from Michael's geological hands to production experts and will make the announcements regarding these people joining the board soon."

http://www.moneyam.com/action/news/showArticle?id=5576434
 

Excellent news.


Receipt of Discovery Certificate for Monchetundra Reserves and Resources

http://www.moneyam.com/action/news/showArticle?id=5586453

yes, good news and also:

"Meanwhile at West Kytlim, the Company's operating alluvial platinum mine with gold credits, located in the Ural Mountains, production has commenced from two production units (washplants). A larger washplant commissioned by our operating contractor is now in production in parallel with Eurasia's own smaller washplant. Further updates will be provided in due course, as appropriate"

http://www.moneyam.com/action/news/showArticle?id=5586453

Eurasia cracking on with mining application now discovery certificate's in hand
Share
14:07 18 July

http://www.proactiveinvestors.co.uk/companies/stocktube/7806/eurasia-cracking-on-with-mining-application-now-discovery-certificate-s-in-hand-7806.html

Starting to move up after the excellent update from CS yesterday.

EUA have put a price on MT $179m if sold off tomorrow would calc to 8.5p a share on MT with out WK or STP on my workings. Sounds good to me.

https://drive.google.com/file/d/0B_CYJAkvWceTaU9wVWF4dkJUczA/view

18 August 2017
Eurasia Mining plc (AIM: EUA)

Issue of Equity

Eurasia herby acknowledge receipt of a notice to convert a portion of the outstanding principal and interest on the Convertible Loan Agreement dated 15 May 2017 between YA II PN, Ltd. ("YA II") and Eurasia, into ordinary shares in the capital of the Company, according to the conditions outlined in the agreement (please see RNS dated 19 May 2017)

As per the conversion notice for the amount of $49,589.04 (£35,371.86) to be converted at a share price of 0.3974p being 90% of the lowest Daily VWAP during the 5 trading days immediately preceding the date of the conversion notice.

Accordingly, the Company has today issued a total of 8,900,820 Ordinary Shares (the "New Shares") in favour of YA II PN Ltd. Application will be made for the New Shares to be admitted to trading on AIM and dealings in these shares are expected to commence on 24 August 2017.

Following the issue of the new shares the total number of issued ordinary shares in the Company will then be 1,551,951,309 ordinary shares and consequently the total number of voting rights in the Company will be 1,551,951,309. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in the share capital of the Company under the Disclosure and Transparency Rules.

http://www.moneyam.com/action/news/showArticle?id=5633250

04 September 2017
Eurasia Mining plc (AIM: EUA)

Projects update and Monchetundra off-take agreement negotiations

Eurasia, the platinum, palladium, iridium, rhodium and gold production and development company, is pleased to report progress towards submission of the production license application for its Monchetundra Project, following the issue of the discovery certificate for the project's 1.9 million ounce palladium equivalent (platinum and palladium) Reserves and Resources, announced on 17 July 2017.

Highlights:

Monchetundra Project

- All necessary contracts covering mine design, blasting, mine surveying, ecological monitoring and land rehabilitation have now been assigned to third parties. Assigning these contracts is a necessary step towards a successful mining license application.
- The application for a mining license is expected to be officially lodged, on schedule, in September.
- Off-take agreement negotiations are progressing with Glencore (the third largest international commodity trader and resource project investor), Sinosteel (China's state owned EPC contractor and a major mining investor and commodities importer into China) and other major players that cannot be disclosed at this stage, for the entirety of the life of mine output. It is hoped an agreement will be reached with one of these parties in the near future and this agreement will integrate with Eurasia's already agreed, and signed, Engineering, Procurement, Construction and Financing ("EPCF") contract with Sinosteel which includes financing of $150 million as a 10 year facility at 6m LIBOR plus 3.5 per cent.

West Kytlim

- Mining at West Kytlim, Eurasia's operating platinum, gold, iridium and rhodium mine in the Ural Mountains is progressing.
- An increase in reserves was calculated over the mining area at Malaya Sosnovka owing to higher than expected mining grades and ore body extensions discovered in the 2016 mining season. These reserves increases have been approved and are being developed as part of the 2017 mining season.. Separately a mining allotment and quota has been agreed over the Kluchiki Area for the next season of production in 2018.
- A total of 1,490 metres of resource upgrade drilling was completed earlier in the year, at the Bolshaya Sosnovka and Kluchiki areas. All of these samples have now been processed to allow conversion of C2 category reserves to C1 category reserves. This work, managed by Eurasia but funded by Eurasia's contractor Region Metall, ensures mineable reserves for the 2018 and 2019 mining seasons.
- A further 390 metres of large diameter infill sampling is planned for the autumn of this year.
- In addition, revenue from the sale of metals has commenced from the refinery at Ekaterinburg, with shipments now occurring on a regular basis.
Background to Monchetundra Project off-take agreement negotiations

Eurasia notes an increased interest from refineries seeking Platinum Group Minerals ("PGM") and copper/nickel concentrates fueled by a tightening in the international supply of quality concentrates. The status-quo situation of recent years is reversing and refineries, reacting to a looming shortage of quality feedstocks, are reaching for quality upstream assets. This is well demonstrated by a recent transaction in the PGM and copper/nickel refining space over the Kevitsa Mine in Finland (270 kilometres West of Monchetundra) purchased by Boliden for a cash consideration of $712 million. The Kevitsa Mine is considerably lower grade than Monchetundra, although of larger tonnage. For more information please visit our web address below;

http://eurasiamining.co.uk/operations/monchetundra



2017, to date, has seen solid performance by all metals in the Monchetundra Project concentrate, namely palladium (an increase of 36.73 per cent year to date ("YTD")*), platinum (increased 9.88 per cent YTD), gold (increased 13.6 per cent YTD), copper (increased 31 per cent YTD) and nickel (increased 19 per cent YTD). This price environment has benefited the negotiations regarding the off-take of mine product at the Monchetundra Mine, as well as the sale of platinum and palladium at the West Kytlim mine.

*Sources: Kitco, infomine, prices valid as at 30th August 2017.

We look forward to updating the market on developments at Monchetundra and West Kytlim in the near future.

http://www.moneyam.com/action/news/showArticle?id=5649928

Anyone subscribing to the MoneyAM Level 2 platform please take note that most days it is not reporting the correct Trade High nor Trade Low information and "some days" not reporting the correct Opening Price or Closing Price.

The reason is because MoneyAM's Level 2 system is not sensing the Auto Trades or Ordinary Trades correctly so is wrongly reporting them

MoneyAM has been unable to fix the fault for over 8 weeks now but are still charging full price for their Level 2

08 September 2017
Eurasia Mining plc (AIM: EUA)

Memorandum of Understanding signed with GoldMint PTE LTD

Eurasia, the platinum, palladium, iridium, rhodium and gold production company, is pleased to announce it has entered into a Memorandum of Understanding with GoldMint PTE ("GoldMint"), a Singapore based Limited Company. It is agreed that where Eurasia identifies potential exploration and mining projects it may choose to collaborate with GoldMint on financing all or part of these projects, and ultimately managing all or part of the mine output. The agreement may also be applied to Eurasia's current projects and interests.

GoldMint are developing a platform on which to establish a new means of managing physical gold assets, by applying blockchain technologies to make transactions backed by physical gold more fluid.

At this stage there is no specific understanding on the terms that any financing might take and neither party are obligated to progress on any venture, further updates will be provided in due course as appropriate.

http://www.moneyam.com/action/news/showArticle?id=5657983

26 September 2017
Eurasia Mining plc

Interim Results for the six months ended 30 June 2017

http://www.moneyam.com/action/news/showArticle?id=5678741

Nice bit of movement today 18% news must be soon..

05 December 2017
Eurasia Mining plc (AIM: EUA)

Monchetundra mine permit application lodged and West Kytlim reserves and resources and project update

Highlights:
- Monchetundra project mining license application completed and submitted for approval
- Eurasia team continuing to mine at West Kytlim, with final closure for the 2017 season imminent
- New exploration license applications made adjacent West Kytlim mining license

Eurasia, the London listed platinum group metals and gold producer, is pleased to announce that the application for a mining permit at its Monchetundra Project on Kola Peninsula has been officially lodged for approval at Rosnedra, the Russian federal commission on subsoil use. Monchetundra is a major Platinum Group Mineral ('PGM') and base metals project with state approved reserves plus resources of 2 million ounces PGM (predominantly palladium) with additional base metal and gold credits. A discovery certificate, guaranteeing mining rights was issued to the company in July of this year. (See RNS dated 17 July 2017)

An update is also provided below on the 2017 mining season at the West Kytlim platinum and gold operating mine in the Ural Mountains, and the plans for the projects development through 2018.

Christian Schaffalitzky, Executive Chairman at Eurasia commented "We are very pleased to have submitted the Monchetundra mining license application, our second application in just over three years. We are hopeful for a reasonable processing time and have the in-house knowledge and experience to make the process as smooth as is possible. We look forward to updating on the application's progress in due course. Meanwhile we continue to make progress at our West Kytlim Mine which is expected to temporarily close for the winter season, as usual, before the end of the month. Production volumes are considerably less than anticipated due to continued optimisations and modifications required to the machinery on-site. We are actively working on new commercial arrangements to upscale the operation for the 2018 mining season".

Projects Update

Monchetundra: Summary

Monchetundra is a 2 million oz (reserve and resource) PGM deposit with significant gold and base metal credits. The largest component of the previously estimated in-situ metal value of $1.7 billion is contained in Palladium (See RNS 17 July 2017 or Eurasia website for a complete summary of reserves and resources). Reserves and resources have already achieved state approval and a discovery certificate previously issued for this deposit on the Kola Peninsula, Fennoscandia, North West Russia.

Monchetundra: Production Permit

The application for a production permit for the Monchetundra reserves and resources has now officially been lodged. The review of the application has already begun, and it is expected to progress through the Anti-Monopolies board, Rosgeolexpertiza and other departments within Rosnedra. The award of the production permit may occur five to twelve months after submission. Although time consuming, the directors feel the risk to the Company is nominal, as the company has already been awarded the Discovery Certificate which guarantees mining rights to the holder.


West Kytlim: Summary

Eurasia holds a 75% interest in the West Kytlim (palladium, platinum, gold, iridium and rhodium) open pit mine in the Ural Mountains which, with state approved reserves totalling 81,059oz raw platinum (2,298kg), and significant resource upside, is the second largest alluvial platinum reserve in the world. This deposit of platinum group and precious metal nuggets within river sediments is being developed using alluvial mining methods which are widely considered as a lower cost alternative to the more complicated and capital intensive underground mining operations elsewhere in the world*.

As announced on 20 November 2017, Eurasia have welcomed a significant new direct equity investment from Venus Garden Holdings Limited (BVI) ('VGH'), which is owned by Mr Alexei Churakov, as a cornerstone investor participating at the then current mid share price and in line with a positive long-term outlook for the Company's assets and prospects. It is Mr. Churakov's stated intention to acquire a direct interest in Kosvinsky Kamen, the Russian company holding the mining right to the West Kytlim Project, although there is no guarantee that this will occur. Already Mr. Churakov has introduced potential new contractors to participate in the development of the project through 2018.

West Kytlim: Contract Mining

In January 2017, Eurasia renegotiated the terms of the agreement with its mining contractor RegionMetall, principally to ensure the contractor's commitment to developing the project in an economically sensible manner. To ensure sufficient capital was deployed to the project it was agreed that the contractor would fulfil a specific mining schedule. In return, the contractor was offered an exclusive right to mine all reserves and resources within the mining license. Certain concerns regarding the equipment used were addressed and modifications to the scheme used to wash gravels and concentrate platinum were agreed and were to be implemented before the commencement of mining in 2017. Early in the summer of 2017, the contractor's exclusive mining right was automatically revoked for failing to fulfil the agreed production schedule, timing and volumes in the initial months of the season.

As the contractor's mining method is more sensitive to weather conditions RegionMetall elected to largely discontinue operations in mid-October, though some equipment and personnel remained on-site. The total amount of metal produced by the contractor in this seasons operation amounted to 211 ounces (6kg) raw platinum.


West Kytlim: Large Enrichment Plant Fine Tuning

Ongoing maintenance and modifications to the large enrichment plant at site aimed at optimising recovery and increasing throughput, necessitated downtime and therefore actually reduced the anticipated production volumes. A series of vibrating screens, a key element of the gravel washing process, were further modified on site during the mining season to allow for better handling of oversized material. To increase capacity and to avoid blockages in the system it was decided to pump the platinum bearing product of the vibrating screen to the sluice, a modification which incurred further downtime.

As the operation at West Kytlim is contracted, the majority of operating and capital costs are borne by the contractor. In that respect, losses incurred by the contractor do not impact Eurasia as a consequence of less than anticipated mining volumes, however forecasted revenues are reduced.

West Kytlim: Eurasia's Role

Eurasia staff, principally a mining engineer, senior geologist and the director of the local company and project owner remained on site throughout the mining season, actively supporting the contractors work. The large enrichment plant is now optimised for full capacity in 2018. The directors feel progress in further proving the mining scheme and fully testing the equipment as applied to the specific parameters of the river sediments at West Kytlim has been satisfactory despite the less than anticipated production volumes.

Eurasia have taken the following steps to prepare for the 2018 mining season:

- Continued mining since mid-October, using Eurasia's own enrichment plant, and utilising some of the contractor's equipment, with additional machinery on hire from local providers. Work will continue until the natural close of this current mining season, expected before the end of November. This allows Eurasia to enjoy the full margin of the project, as owner operator, with indicative cash costs below $400/oz and in the lowest quartile of the global operating cash costs curve*.

- As of Wednesday 29 November 2017, the Eurasia operated washplant, utilising a simpler and lower volume processing scheme to the contractors, had produced a further 135 ounces (3.8kg) of raw platinum.

- Eurasia's washplant, operational for just one month has produced 38% of the seasons current total production of 346 ounces (9.83kg) raw platinum. Modifications to upscale this efficient though small-scale washplant for use in the 2018 season are now being considered. In addition, a detailed estimation of the operating costs associated with Eurasia's washplant will be conducted as time permits during the winter months.

- Maintained positive relations with the contractor, despite continued modifications to their processing scheme which led to reduced production volumes; this to ensure smooth working relationships in the 2018 mining season and beyond.

- Attracted bids and tenders for further suitably qualified contractors to ensure production in parallel from several open pits in subsequent mining seasons, thereby mitigating the single operator risk.


Mining may progress to at least two open pit sites in 2018, to further manage the single asset risk: current plans are for two open pits to be mined under contract and another by Eurasia itself as owner operator. The reserves targeted at Malaya Sosnovka in the 2016 and 2017 trial mining seasons remain a focus for the 2018 season, as well as the Kluchiki and Bolshaya Sosnovka mine sites which are also ready for development. The reserves statement at Malaya Sosnovka will show a small net increase year on year, as a 15% increase in reserves which achieved state approval earlier in this year (see RNS dated 24 March 2017) offset depletion by 2017 production.


West Kytlim: New licence applications

Based on earlier geological mapping and exploration work in the area, the directors believe that there is very good potential to increase both reserves and resources in the ground nearby to the West Kytlim area. Known platinum bearing geological units are continuous outside the current license but within the same river system as current reserves and resources. These geological units are a sensible target for further work. In that regard the Company has applied for two new areas to detail this potential, namely; Tipil (23.14km2) and Malaya Kosva (9.42km2) which were officially applied for in September of this year. As is the case with other parts of the current mining license, the Malaya Kosva area has been previously mined by dredging, the target for Eurasia's exploration will be potentially productive sediments in the near surface, beneath the previously dredged platinum bearing gravels.


Company's Update on Reserves and Resources (West Kytlim)

Following the increase of the reserves at the Malaya Sosnovka Area, which have now been approved by Rosnedra, an update on reserves at West Kytlim is here provided. Net attributable is net attributable to Eurasia through its 75% owned Russian subsidiary Kosvinsky Kamen. Reserves are calculated in-house and later approved and credited to the state balance by Rosnedra. Resources are not compliant with the Russian Standard, are not reviewed by Rosnedra and are calculated in-house in accordance with the Russian categories P1 and P2, to include resources within the current mining license. The P1 and P2 resource categories are provided for indicative purposes, are internal estimates and prepared by the Company only. They are provided to demonstrate the potential the Company is developing in the West Kytlim area.

Summary table of reserves and resources for the entire area, valid December 2017

***more vial link below***

http://www.moneyam.com/action/news/showArticle?id=5769379

11 December 2017
Eurasia Mining plc (AIM: EUA)

Issue of Equity and Directors Holdings

Eurasia Mining plc ("Eurasia" or "the Company"), the PGM mining and exploration company, announces that it has issued 220,336,028 ordinary shares of 0.1 pence at 0.28 pence per share (the "New Shares") in settlement of invoices for various services including accrued directors fees.

Of the New Shares:

(i) 18,778,596 ordinary shares are being issued to Managing Director Christian Schaffalitzky, in lieu of of accrued directors fees, bringing his total holding to 68,475,270 or 3.71% of issued share capital;

(ii) 1,785,714 ordinary shares are being issued to Non-Executive Director Gary Fitzgerald, in lieu of accrued directors fees, bringing his total holding to 20,394,101 or 1.1% of issued share capital;

(iii) 16,718,693 ordinary shares are being issued to Non-Executive Director Dmitry Suschov, in lieu of accrued consulting and directors fees

(iv) 133,761,370 ordinary shares are being issued to the Deloan Investments Limited controlled by Non-Executive Director Dmitry Suschov for the conversion of the USD500,000 Loan Notes and with shares under point (iii) above making total issued 150,480,063 shares, bringing his total holding to 435,357,129 or 23.56% of issued share capital;

A further 49,291,655 shares are issued at 0.28 pence to other suppliers in lieu of accrued fees.

Accordingly the Company has today issued a total of 220,336,028 New Shares and dealings in these shares are expected to commence on the 15 December 2017.

Following the issue of the new shares the total number of issued ordinary shares in the Company will be 1,847,847,150 ordinary shares and consequently the total number of voting rights in the Company will be 1,847,847,150. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in the share capital of the Company under the Disclosure and Transparency Rules.

Christian Schaffalitzky, Executive Chairman commented: "We are pleased that Dmitry Suschov has foregone the interest due as well as agreeing to the early conversion of the loan, in return for exercising at 0.28p instead of 0.475p originally agreed in 24 May 2017."

http://www.moneyam.com/action/news/showArticle?id=5776755

A bit of good news, can now take a breath with this stay of execution..

Amendment to Loan Agreement


http://www.moneyam.com/action/news/showArticle?id=5781954

14 December 2017
Eurasia Mining plc (AIM: EUA)

Replacement - Amendment to Loan Agreement

The following amendment has been made to the 'Amendment to Loan Agreement' announcement released on 14/12/2017 at 12:18 under RNS No 3901Z.

The original RNS stated that the Company had entered into an amendment to the US$2m facility however this figure should have been cited as US$1.25m. The corrected text is as follows:


The Company confirms they have today entered into an amendment to the US$1.25m facility arranged by Riverfort Global Capital Ltd ("Riverfort") as announced on 19 May 2017.

All other details remain unchanged.

The full amended text is shown below.


Amendment to Loan Agreement


The Company confirms they have today entered into an amendment to the US$1.25m facility arranged by Riverfort Global Capital Ltd ("Riverfort") as announced on 19 May 2017.


The terms of this amendment are:

- For the next four months there will be no conversion of principal amount if the share price of the Company remains below 0.34p (a 51% premium to yesterdays close);

- The final repayment date of 15 May 2018 is extended to 15 September 2018 to cover the main production season at West Kytlim.

- The scheduled repayments for the next 4 months are significantly reduced to US$25,000 per month in cash plus interest. This is designed to direct more cash into mining preparation, including work on site, and at the same time to avoid share dilution;

- Warrants totalling 80,749,333 are cancelled and replaced by 109,196,618 new warrants at a price of 0.34p, being a 20% premium to the VWAP in the 30 days preceding this amendment. The warrants issued shall have a subscription period of three years from 15 May 2017.

- A 10% restructuring fee is to be recouped at the end of the term by addition to the principal amount.

Christian Schaffalitzky commented: 'We are excited by the prospects that the development of Monchetundra can bring during 2018, while aiming to operate successfully at West Kytlim. We appreciate the grace period here offered by our funding partner and the confidence they have shown in the Company generally and specifically in the West Kytlim Mine and its ability to generate revenue in the 2018 mining season. The entire board of directors, as recently demonstrated, share this confidence. Our team is currently busy working on the best options to ensure a successful mining season in 2018, as the Monchetundra project progresses through permitting. Furthermore, the Company continues to pursue new options that could enhance these projects, provide greater commodity diversity and to increase production volumes.'

http://www.moneyam.com/action/news/showArticle?id=5782291

24 January 2018
Eurasia Mining plc (AIM: EUA)

Completion of transaction

Eurasia, London quoted PGM and gold producer, is pleased to announce that, further to the announcement of November 2017, Mr Alexei Churakov has now completed the purchase of a 7% minority stake in Eurasia's subsidiary ZAO Kosvinsky Kamen (KK) which solely owns and holds the West Kytlim project. After this transaction, KK is 68% owned by Eurasia.


Alexei Churakov is a former Goldman Sachs and Morgan Stanley investment banker focused on mergers and acquisitions and in financing deals in the mining sector. On 20 November 2017 it was announced that Mr Churakov had completed a direct equity investment in Eurasia Mining PLC and that a further investment into Eurasia's subsidiary Kosvinsky Kamen was underway. This transaction has now been completed.


Highlights:


· US$350,000 in cash, invested directly at the project level by Mr Churakov, representing the purchase of a minority interest of 7% of Kosvinsky Kamen ('KK'), the Company owning the West Kytlim PGM and gold mining project.

· Funds to contribute to the Company's 2018 mining plan which is now finalised and funded.

· Pre-season preparation including ground works, lease of machinery, staffing, logistics and pre-ordering of consumables to be executed in the coming weeks.



From the last audited accounts dated 31 December 2016, KK generated no profit and a turnover of £139,862; the value of the assets of KK was stated as £2.9 million.


Commenting on the transaction Eurasia's executive chairman said: "We are most pleased with the level of confidence shown by Mr Churakov in both Eurasia Mining PLC and now also the West Kytlim Project itself. These funds will be deployed to increase our production budget at the West Kytlim project in 2018. Furthermore, we look forward to progressing both our key projects during 2018, by implementing our mine plan for a successful mining season at West Kytlim, and by progressing our mining application for the exciting and much larger Monchetundra Project in the Kola Peninsula."


2018 Mining season at West Kytlim

The production schedule for the 2018 mining season has now been finalised with the chief use of these funds contributing to Eurasia's 2018 production budget. A significant increase and reorganisation of production is planned for 2018 at West Kytlim with mining to progress at two open pit sites, one mined under contract and the other by Eurasia itself as owner-operator. Mr Churakov is actively involved in planning the 2018 mining season including the introduction of a potential new contractor to operate alongside Eurasia's own operations. The reserves targeted at Malaya Sosnovka in the 2016 and 2017 trial mining seasons remain a focus for the 2018 season, as well as the Kluchiki and Bolshaya Sosnovka mine sites, which are also ready for development. Having multiple sites operating concurrently helps to mitigate the risk of stoppages for maintenance at one operational site.

http://www.moneyam.com/action/news/showArticle?id=5827494

A welcome bit of news at last, had a small top up the other day 250k looks good.

Eurasia Mining has two million PGM ounces in the ground, and a finance deal to get them out

http://www.proactiveinvestors.co.uk/companies/news/190624/eurasia-mining-has-two-million-pgm-ounces-in-the-ground-and-a-finance-deal-to-get-them-out-190624.html

02 February 2018
Eurasia Mining plc (AIM: EUA)

Monchetundra mine permit update: resolution issued by Rosnedra

Eurasia, the London listed platinum group metals and gold producer, is pleased to announce an update regarding the application for a mining permit at the Monchetundra Project on Kola Peninsula, submitted late 2017.

A review of the Monchetundra mining permit application has been completed by the Federal Anti-Monopoly Service (FAS) and all relevant divisions within Rosnedra. The official draft Resolution of the Government of the Russian Federation for the mining permit has been forwarded by RosNedra to the Ministry for Defence (MOD) and the Federal Security Service (FSB) for their approval.

Highlights:


- Rosnedra has approved a draft of the mining permit and has forwarded the relevant documentation to MOD and FSB.

- Once the mining permit is approved early stage operations can commence at Monchetundra.

- Mining permit application progressing considerably quicker than the company expected.


Christian Schaffalitzky, Executive Chairman at Eurasia commented "We are very pleased with this result and the efficiency of the officials at Rosnedra in processing this application. The experience of our staff in Russia, gained from successfully processing a similar mining permit for our West Kytlim Project has proven invaluable. We look forward to providing further positive news in due course."

The application has now progressed from Rosnedra, who manage the entire mine permitting process, to the MOD and FSB.

Background to the project:

Monchetundra is a major Platinum Group Metals ('PGM') and base metals project with state approved reserves plus resources of 2 million ounces of palladium equivalent of PGM with additional base metal and gold credits. A discovery certificate, guaranteeing mining rights was issued to the company in July of 2017. The mining permit application was finalised in Q4 of last year and submitted to Rosnedra (See RNS dated 05 December 2017).

As previously announced, state approved reserves and resources within the Monchetundra Project comprise Russian standard C1 and C2 categories of 55.9 tonnes (about 2 million ounces) palladium equivalent (predominantly palladium) at two open-pittable locations, West Nittis and Loipishnune. These open pits also contain significant gold and base metal credits including 28,124 tonnes of copper and 30,410 tonnes of nickel. The full Reserves and Resource Statement is set out in the announcement dated 31 May 2017.

To note, for the purposes of correlating the scale of this deposit to other international platinum group minerals and base metal mines, the total in-situ metal value of these Reserves and Resources, before metal recoveries and all costs, is calculated as 2.1 billion USD at today's (Jan 31 2018) metal prices. However, there can be no guarantee that this figure will be achieved by Eurasia

For more information please see our website at;
www.https://www.eurasiamining.co.uk/operations/monchetundra


Engineering Procurement Construction and Financing (EPCF) Contract

An EPCF contract to develop the mine at Monchetundra is already in place with Sinosteel, a state owned Chinese corporation focused on mining, and was agreed in October of 2016 (see RNS dated 10 October 2016. The contract provides for Sinosteel to undertake the mine and processing plant construction and commissioning on a turnkey, commercial arms-length basis. 85 per cent (or US$149,600,000) of the contract value has been arranged as debt-based by Sinosteel with this element of plant construction costs to remain on the Sinosteel balance sheet until such time as the plant is operating at full capacity and to designed specification.

Discussions continue with other third-party service providers regarding the running of the mine at Monchetundra. The company hopes to emulate the contract mining arrangement utilised at West Kytlim by contracting the mining operation to a reputable international specialist company with experience in Russia, while maintaining control of the project for a percentage of gross revenue.

http://www.moneyam.com/action/news/showArticle?id=5840611

Excellent new today another bit of the jigsaw added.

On the move finally, nearly up to my Av of .55
Plenty of news to come here Permit, WK, MT.

02 March 2018
Eurasia Mining plc (AIM: EUA)

Statement re Beaufort Securities Limited


The Company notes the announcement today regarding Beaufort Securities Limited ("BSL") and Beaufort Asset Clearing Services Limited ("BACSL") being placed into administration and that the Financial Conduct Authority (the "FCA") has imposed requirements on BSL and BACSL to cease all regulatory activity. As a result, the London Stock Exchange has suspended BSL's membership of the London Stock Exchange pending clarification of the firm's position.

BSL is a joint broker to the Company pursuant to the AIM Rules for Companies (the "AIM Rules"). As a result of the suspension of its membership to the London Stock Exchange, BSL will no longer be able to provide broking services to the Company in accordance with the AIM Rules.

WH Ireland Limited, the Company's NOMAD and other joint broker, will continue to provide broking services to the Company.

Shareholders should note that the company has signed a financial public relations agreement with Credit Suisse and is in discussions with other groups regarding project finance for its projects in Russia.

http://www.moneyam.com/action/news/showArticle?id=5877817

09 March 2018
Eurasia Mining plc (AIM: EUA)

New contractor appointed at West Kytlim, commencement of site work

Eurasia, the London listed platinum group metals and gold producer, is pleased to announce the commencement of site works for the 2018 field season at its West Kytlim Project in the Ural Mountains. Terms have now been finalised with OOO Techstroy of Nizhny Tagil ("Techstroy").

Christian Schaffalitzky, Executive Chairman at Eurasia commented "We are very pleased with this result which comes after extensive discussions, predominantly technical in nature, over the past number of months. We are very much looking forward to a successful mining season at West Kytlim and to working together with our new partners Techstroy. Site works have already commenced, in this the first week of March, a marked improvement on last year. This means we can take full advantage of the full mining season at Malaya Sosnovka starting now and aim to break ground at the Kluchiki area later this summer. In a show of good faith the contractors mobilised equipment to site a week ahead of final signing of the contract. We look forward to reporting on progress from the site in the near future."

Highlights:

- Machinery and equipment mobilised to site with stripping works to commence immediately.

- Revised flow sheet to incorporate a trommel and scrubber arrangement prior to sluice.

- Mining to initially focus on the Malaya Sosnovka site which contains 275,000m3 of productive gravels and 84 kilograms raw platinum.

- Mining to progress to the larger Kluchiki site which contains 893,000m3 of productive gravels for 319 kilograms raw platinum.

- Targeted productivity ranging 50,000m3 to 70,000m3 per month at a single working site.

- Options for deploying further washplants remain available to both Eurasia and Techstroy, who are permitted under the contract to deploy a second washplant during the 2018 mining season.

- Techstroy to manage mining, trucking and beneficiation of platinum bearing gravels, including construction, delivery and installation of mining and processing equipment in accordance with a mine design agreed between the parties.

- Techstroy to be further responsible for site clearance, preparatory and stripping works, washing of gravels and land rehabilitation.

- Eurasia to be responsible for the upgrade of the sluice concentrate to a saleable product at the existing onsite laboratory, as well as platinum refining and revenue distribution.

- Eurasia maintain complete project ownership and management of the mining license, the ongoing program to upgrade resources to reserves ahead of mining, and new licence applications on ground adjacent to the current mining licence.

- Sales revenues to be split 65%/35% in favour of the contractor with no further financial consideration. The distribution of sales revenue to be managed by Eurasia as and when payments are made in accordance with the existing metals refining and sales agreement between Eurasia and the metals refinery in Ekaterinburg (see RNS dated 28 July 2016).

Background to the agreement

Techstroy, based in Nizhny Tagil is an alluvial mining contractor with experience at mining operations in the Perm Oblast (Eastern Ural Mountains) including at the Suria Kazanskaya alluvial gold mine. Extensive technical discussions have been ongoing with Eurasia mining engineers over the past six to eight weeks, including a site visit in late January 2018. A thorough evaluation of the 2017 mining season was undertaken as well as comprehensive mine scheduling for the 2018 season. Techstroy have committed a fleet of mining equipment to the project including two Komatsu excavators, three bulldozers, one loader and five Kamaz 6520 ore trucks. Eurasia's Directors are confident the contractor has the necessary skill set and balance sheet to execute a successful mining operation in 2018 and in subsequent years.

Eurasia's West Kytlim Project is the second largest alluvial platinum reserve in the world currently, with 2,283 kilograms of raw platinum in reserves (defined to GKZ C1 and C2 standard) with resources and resource potential to a further 10 tonnes of raw platinum. For a more detailed reserves and resources summary please see RNS dated 05 December 2017.

http://www.moneyam.com/action/news/showArticle?id=5886114

Excellent news also a better split than last time. This should see us heading towards the 1p hopefully before the license lands.

New contractor starts 2018 mining season at Eurasia’s West Kytlim


http://m.miningweekly.com/article/new-contractor-starts-2018-mining-season-at-eurasias-west-kytlim-2018-03-09/rep_id:3861

26 March 2018
Eurasia Mining plc (AIM: EUA)

Company Presentation

Eurasia Mining, an established platinum, Platinum Group Mineral ("PGM") and gold mining and exploration company is pleased to announce it will be presenting at two events this coming week commencing 26th March 2018.

Eurasia, in association with Bankex (www.Bankex.com), a fintech company focused on the tokenisation of assets, will be co-presenting at the Standard and Poor's Global Platts NORTH AMERICAN DIGITAL COMMODITIES SUMMIT on March 26, 2018 in New York:

https://www.platts.com/events/americas/north-american-digital-commodities/index

Subsequently, Eurasia Mining are attending the Mining Investment Asia conference in Singapore, 27-28 March 2018 in Singapore:https://www.mininginvestmentasia.com/

Eurasia are collaborating with Bankex to explore the potential for applying blockchain based solutions to develop resource sector mining projects, although there can be no guarantee at this stage that this will be achieved.

The rationale for the early stage collaboration is that the majority of PGM mined for industrial uses are used in industry to clean exhaust fumes in diesel and gasoline drivetrains and in much larger engines at oil refineries and chemical plants. These 'Green Metals' are particularly important in protecting the environment for future generations, and will continue to find applications in a more carbon efficient future. Eurasia and Bankex are interesting in exploring the possibility of creating a special purpose vehicle to apply blockchain based solutions to developing Green Metals mining projects.

Further information on this early stage collaboration will be provided in due course. More information on Bankex can be found on their website(www.Bankex.com).

Christian Schaffalitzky, Executive Chairman at Eurasia Mining commented - "Eurasia have tracked recent developments in the world of blockchain technology and its potential application to resource project development and are very pleased to work with Bankex to explore opportunities in this space. "

About Eurasia

As set out in the announcement dated 24 January 2018, Eurasia's 68% owned West Kytlim alluvial platinum mine is entering its first year of full production in 2018. Separately, approved resources within Eurasia's 80% owned Monchetundra Project on the Kola Peninsula comprise 1.9 million ounces palladium equivalent (Russian standard C1 and C2 categories) (see announcement dated 5 December 2017).

In addition, Eurasia maintain a right to participate in up to 67% of the Semenovsky Gold in Mine Tailings Project, a project demonstrating near term gold production potential.

http://www.moneyam.com/action/news/showArticle?id=5908619

EUA going all blockchainy.

yep, sounds very dodgy to me!

hTTps://www.youtube.com/watch?v=SCNd_GrWl3Y

10 May 2018
Eurasia Mining plc

Strategic Financing to Reduce Debt Facility & Broker Appointment

Eurasia Mining (LSE: EUA), the London Stock Exchange AIM quoted platinum and gold producing mining company, is pleased to announce details of a strategic placing to materially reduce the loan facility arranged by Riverfort Global Capital Ltd (the "Riverfort Loan" or "the Lender") announced 19 May 2017. In conjunction with the part repayment the Lender has agreed that they will not convert any of the remaining loan balance into new ordinary shares until 10 September 2018 at the earliest.

Highlights:

· The Company has raised through a significantly oversubscribed placing, gross proceeds of £500,000 through the placing of 166,666,667 new ordinary shares ("Placing Shares") at a price of 0.3 pence per share (the "Placing Price"), with a 1 for 1 attached warrant exercisable at 0.6p up to and including 16th May 2020 ("Placing Warrants");

· Approximately £300,000 (being USD$400,000 based on today's current exchange rate of USD1.35:GBP1) of the gross proceeds raised is being used to reduce the loan arranged by Riverfort Global Capital Ltd as announced 19 May 2017. The new balance remaining on the Riverfort Loan will be approximately £440,000. The balance of funds raised will be used for working capital.

· As part of the repayment, the Lender has agreed to not convert any of the remaining Riverfort Loan balance to new Ordinary Shares for at least four months from today's date and in any case not prior to 10 September 2018. Furthermore, no repayments on the loan facility are due until 10th September 2018.

· The term for the Placing Warrants are subject to an accelerator whereby if the 10-day vwap (volume weighted average price) of the Company's shares exceeds 1.8p then the Company can elect to cause all Placing Warrants to be exercised within 5 business days with payment due 10 business days later, or otherwise forfeited.

· Eurasia Mining's West Kytlim project (68% owned) is the second largest alluvial platinum reserve currently in the world. Production has recommenced with a new contractor and equipment in place, and is already demonstrating significantly increased levels of raw platinum production and revenues, for the 2018 mining season;

· Eurasia Mining's major project is Monchetundra (80% owned), which has state approved reserves and resources of 2 million ounces of palladium equivalent and a total in-situ metal value of over USD$2 billion at today's metal prices, before metal recoveries and all costs, has progressed to the final stage of mining licence approval (as announced 2nd February 2018). As announced 10th October 2016, the Company has signed an EPC (engineering procurement, construction) contract with Chinese state-owned Sinosteel to design, fund and build a 1.7million tonnes per annum PGM beneficiation project at Monchetundra.

Christian Schaffalitzky, Executive Chairman of Eurasia commented: "It is timely and strategic to reduce and contain our Riverfort Loan funding facility as the Company enters the next phase of value growth.

"We are extremely pleased by the significantly increased levels of raw platinum production already occurring at West Kytlim with our new contractors and equipment in place to maximise the 2018 mining season. We eagerly anticipate the Monchetundra mine permit now that it is in the final stage of the approval process.

"The board is focused on delivering value to shareholders and we look forward to providing further updates to market over the coming weeks and months."

Placing

The Company has raised gross proceeds of £500,000 through the placing of 166,666,667 Placing Shares at a price of 0.3 pence per share (the "Placing Price") raising gross proceeds of £500,000 from private clients of newly appointed joint-broker, First Equity Limited.

The Placing incorporates the issue of warrants to subscribe for 166,666,667 new Ordinary Shares at an exercise price of 0.6 pence per warrant (a 100% premium to the Placing Price) on the basis of 1 Placing Warrant per 1 Placing Share, with an exercise period of up to 16 May 2020. If the Eurasia Mining share price exceeds a 10-day volume weighted average price ("vwap") exceeding 1.8p during the warrant term, the Company has the right to serve notice on warrant holders to exercise warrants. Should the Company serve notice, any Placing Warrants unexercised within the 5 business day time period allowed would be cancelled.

The Placing Shares will be issued under the existing authorities granted to the directors of the Company. Application will be made for these New Ordinary Shares to be admitted to trading on AIM, which is expected to take place on or around 16 May 2018. The New Ordinary Shares will rank pari-passu with existing ordinary shares.

A further 5,550,000 shares are issued to suppliers to the company in lieu of accrued fees.

Appointment of Joint-Broker

The Company has appointed a new joint-corporate broker - First Equity Limited, a London-based firm operating for over 30 years with client assets administered by well-established third-party custodians.

Total Voting Rights

In accordance with the provision of the Disclosure Guidance and Transparency Rules of the FCA ("DTRs"), the issued ordinary share capital of Eurasia following the Placing Shares being admitted to trading shall be 2,030,585,874 Ordinary Shares with voting rights attached (one vote per share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Eurasia under the DTRs.

http://www.moneyam.com/action/news/showArticle?id=5965258

10 May 2018
Eurasia Mining plc (AIM: EUA)

Mining update from West Kytlim

Eurasia, the PGM and gold production company is pleased to provide an update from its West Kytlim Mine, the second largest alluvial platinum mine in the world, which is now fully operational for the 2018 mining season. Following a general thaw at the start of May the operation has now achieved several successive days at near full capacity, with all machinery now operating to specification and as planned. Grades in platinum bearing gravels are considerably higher than had been expected and as a result initial production figures are also increased.

OVERVIEW:

· West Kytlim Mine is approaching capacity of circa 2,000m3 per day, water is now free flowing and all equipment functioning according to specification;

· No unauthorised or unplanned stoppages reported since an initial trial of the equipment on 3rd May 2018;

· Initial trial reports grades approaching 1g/m3;

· A total of 4.6 kg of raw platinum was produced from 3rd May to 9th May inclusive with 1.3kg produced on the 9th May. The 1.3kg produced in a day represents what the directors believe could be possible with this process in the future;

· Mining, washing of platinum bearing gravels and upgrade of concentrate has been continuous every day from 3rd May to date.

Christian Schaffalitzky, Executive Chairman commented: "We are very pleased at the level of professionalism and experience shown by the newly appointed contractor, Techstroy, in the opening weeks of this year's mining season. The Directors believe that the 4.6kg produced over the first 6 days is remarkable considering the total production of just 6kg by our previous contractor in the 2017 mining season. Grades seem to be consistently and considerably higher than we had calculated, and the machinery operating very efficiently in terms of costs, ore volumes and precious metal recovery. We may look forward to more continuous production updates from site in the coming mining season."

HIGHLIGHTS:

An initial 'first fill' test was completed successfully at the West Kytlim alluvial platinum and gold mine on 3rd May 2018. 500m3 of gravels were processed to test the new scrubber/tromell arrangement. The concentrate produced was collected and upgraded at the on-site laboratory. This first sample returned 428g raw platinum, for an average grade approaching 1g per m3.

Several successive days of continuous production have followed, the largest amount produced in a single day being 1.3kg raw platinum on 9th May 2018.

Shipments to the refinery in Ekaterinburg are expected to commence by contracted security professionals on 11th May 2018 and further updates will be provided in due course, as appropriate.

A site visit by Eurasia's auditor Grant Thornton UK was carried out on 7th and 8th of May. The site visit is a necessary element in Eurasia's audit process and ensures best industry practices in health and safety, mine site security and corporate and social responsibility.

Mining at 2,000m3 per day is expected to continue for the foreseeable future until either (i) the end of the mining season in early November 2018 or (ii) when the platinum and gold bearing reserves at Malaya Sosnovka are expired. When the latter occurs mining is anticipated to progress to the much larger Kluchiki area. Eurasia's contractor (Techstroy) holds in reserve a further trommel/scrubber which can be mobilised to site as required. The next fully permitted site, containing 893,000m3 of gravels, is the Kluchiki site which may, at the contractor's discretion, be developed during this year by mobilising a second washplant, with both sites operating concurrently. Further updates regarding the 2018 mine plan for the West Kytlim Project will be provided in due course.

A video blog is to be filmed on site in the week commencing 14th May and broadcast soon thereafter. A mine plan for the Malaya Sosnovka area currently being worked has been uploaded to the Eurasia website and can be viewed at
https://www.eurasiamining.co.uk/operations/west-kytlim

http://www.moneyam.com/action/news/showArticle?id=5965080

Platinum Production Update

http://www.moneyam.com/action/news/showArticle?id=5982708

RNS New vid on production.

https://vimeo.com/271657537

Todays Tweeter, getting close..

https://twitter.com/eurasiamining/status/1004276230517067776

this joke company boasts that it has produced 1.3kg platinum in a day = 475kg in a year

let's put that into perspective ......
even zimbabwe produces 11,000kg in a year, and usa 3,650kg

as you would all tell me, DYOR but i think investing in EUA is only slightly more sensible than throwing money into UKOG

Lol Cynic no research as usual.

not true ..... i have done as much as was warranted
as i said, you want to fill your boots, then carry on, but make sure its not with cement

Cynic
You couldn't have, I'm not going to lay it out on a plate for you, I'm also not bothered if your in or out quite the opposite I would prefer punters hold back till I've had my fill.
The research is all on this thread RSN's and presentations.

jolly good old bean ..... i'm absolutely thrilled for you
touting this one since july 2016, and i guess you are still averaging down (trying to catch the knife) from your 0.55p ....... sp only needs to go up another 35%

trust you have a huge slab of UKOG as well, as that is a similar sure-fire winner ...... so many have been saying so for so long that it MUST be true

13 June 2018
Eurasia Mining plc (AIM: EUA)

Approval of Monchetundra Mining Permit by FSB & MOD

Eurasia Mining plc (AIM: EUA) ("Eurasia Mining" or the "Company") the PGM (Platinum Group Metals) and Gold mining company, now in production of PGM at the second largest alluvial open pit PGM mine globally, is pleased to announce approval of the Monchetundra mine permit application by two key federal agencies; the Federal Securities Board (FSB) and Ministry of Defence (MOD).

The mine permit application, for the 2 million-ounce PGM Monchetundra project now progresses to ministerial level, where it is reviewed by the Ministry of Economic Development (MOED) and Ministry of Natural Resources, before progressing to the office of Prime Minister Dmitry Medvedev for final approval. The application process remains on track for a successful grant by late summer.

Highlights

- FSB and MOD approval of the Monchetundra mine permit application

- Mine permit on schedule for final approvals

- Application now with Ministry of Economic Development and Ministry of Natural Resources

- Monchetundra project contains state approved reserves and resources of 2 million ounces PGM with a Palladium:Platinum ratio of 2:1 and an in-situ value of approximately US$2bn(an internal calculation based on London Metal Exchange January 2018 spot metal prices. See announcements dated 31 May 2017 and 02 February 2018).

- Off take agreements prepared by both Sinosteel and Glencore International, to be finalised and executed at the Company's discretion, although there can be no guarantee that these will be executed.

Christian Schaffalitzky commented: 'A very welcome development for our Monchetundra mining license permit, which remains on schedule. We are buoyed by passing this key step en route to a mine permit and wish many thanks to our team in Russia and the administrators who see the merit in this major mining opportunity for the town of Monchegorsk and the Russian PGM industry generally.

We have also been working continuously in the background on the technical aspects of the project's resource and metallurgy, including ore scheduling exercises. Discussions are ongoing with a wide range of potential stakeholders regarding the projects route to commercial development, including continuing discussions on off-take agreements, refinery contracts, and discussion with our Engineering Procurement Construction and Finance partner Sinosteel. The Monchetundra Project is very much a focus of the company's business, alongside the now full scale production of PGM at our West Kytlim mine.'

Further details on the Monchetundra Project

Monchetundra is Eurasia's 80% owned 2 million-ounce PGM (Reserve + Resource) project near the town of Monchegorsk on Kola Peninsula. A feasibility study and reserves estimate for the contained reserves and resources achieved state approvals in May 2017 (see announcement dated 31 May 2017). Subsequently, a discovery certificate, which guarantees mining rights to the holder, was issued in July 2017 for the reserves and resources contained within two open pittable locations, Loipishnune and West Nittis. A mining license application proceeded directly on receipt of the discovery certificate and later achieved provisional approval from Rosnedra, the Russian ministry for subsoil use. The application was later reviewed by the Federal Anti-Monopoly Service before being forwarded to the FSB and MOD has now been approved by both the Federal Securities Service and Ministry of Defence. The Federal Anti-Monopoly Service, also reviewed the application before forwarding to the FSB and MOD.

Currently, state approved reserves and resources within the Monchetundra Project comprise Russian standard C1 and C2 categories of 55.9 tonnes (about 2 million ounces) palladium equivalent (predominantly palladium) at two open-pittable locations, West Nittis and Loipishnune. These open pits also contain significant gold and base metal credits including 28,124 tonnes of copper, 30,410 tonnes of nickel and 2 tonnes of gold. The PGM resources are palladium rich with an average palladium to platinum ratio of 2:1. Directors believe the project to be unique globally in being lead by high palladium grades, and that it represents a significant lower cost open pit mining operation which compares favourably to the relatively expensive underground operations in South Africa, the dominant player in the global PGM market.



Engineering Procurement Construction and Financing (EPCF) Contract

As previously announced, an EPCF (Engineering, Procurement, Construction & Finance) agreement is already in place with Sinosteel, a Chinese state owned major infrastructure project group. 85 per cent (or US$149,600,000) of the contract value has been arranged as debt-based by Sinosteel - this element of plant construction costs will remain on the Sinosteel balance sheet until such time as the plant is operating at full capacity and to designed specification. A further US$50,000,000 sub-contract has been assigned by Sinosteel to Eurasia's subsidiary Terskaya Gornaya Kompany(TGK) for the development of the two open pits in preparation for mining and may be drawn down in advance of the main mine construction.

Discussions continue with other third-party service providers regarding the running of the mine at Monchetundra. The Company hopes to emulate the contract mining arrangement utilised at West Kytlim by contracting the mining operation to a reputable international specialist company with experience in Russia, while maintaining control of the project, for a percentage of gross revenue.

http://www.moneyam.com/action/news/showArticle?id=6009590

Eurasia Mining receives approval of Monchetundra mine permit application (Video)
12:39 14 Jun 2018


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.

http://www.proactiveinvestors.co.uk/companies/stocktube/9579/eurasia-mining-receives-approval-of-monchetundra-mine-permit-application-9579.html

Latest Tweets:
Non-Executive Director, Dmitry Suschov presents today as part of the opening keynote panel in Toronto at Mining Investment North America Conference

@Share_Talk has just spoken with @eurasiamining #EUA Keith Byrne & we will arrange an Interview with Christian Schaffalitzky. Please submit your shareholder questions on this.

https://www.share-talk.com/contact-us/

Eurasia Mining PLC (AIM:EUA) Christian Schaffalitzky, Executive Chairman, MD Interview

https://www.share-talk.com/share-news/eurasia-mining-plc-aimeua-christian-schaffalitzky-executive-chairman-md-interview/?utm_source=twitter&utm_medium=social&utm_campaign=SocialWarfare

Christian Schaffalitzky, Chairman of @eurasiamining was in the #ShareTalk London studio today 20 Jun 2018 #EUA We will publish the Interview on ASAP

https://www.share-talk.com/

Christian Schaffalitzky Chairman of Eurasia Mining PLC (AIM:EUA) Interview

https://www.share-talk.com/share-news/christian-schaffalitzky-chairman-of-eurasia-mining-plc-aimeua-interview/

Annual Report and Accounts 2017

http://www.moneyam.com/action/news/showArticle?id=6032706

Highlights from RNS.

Production at West Kytlim, the company's operating platinum and gold mine is ongoing and ahead of forecast. Total raw platinum produced from initial start up on 3 May to 22 June 2018 stands at 69.5kg (2,235 oz


Site preparation including stripping of forestry has also now commenced on the Kluchiki Area which is being prepared to be developed alongside Malaya Sosnovka. Kluchiki is more than twice as large as Malaya Sosnovka and is an opportunity to ramp up production to more than double current rates.

Excellent News.

Eurasia Mining plc (AIM: EUA)

("Eurasia" or the "Company")

Approval of Monchetundra Mine Permit by MOED

Highlights

- Ministry of Economic Development approval of the Monchetundra mine permit application

- Application now with the Ministry of Natural Resources, the governing body of Rosnedra.

- Monchetundra project contains state approved reserves and resources of about 2 million ounces PGM with a Palladium:Platinum ratio of 2:1 and an in-situ value of approximately US$2bn (a calculation based on London Metal Exchange January 2018 spot metal prices. See announcements dated 31 May 2017 and 02 February 2018)

http://www.moneyam.com/action/news/showArticle?id=6036417

Very positive news.

market says BS and sp is currently down 6.5% at a joke 0.42p (mid)

Best to ignore or indeed take advantage of 'the market' if you are a longer term investor, imo of course!

from what i have seen, it's best to ignore your stream of hype on this and a zillion other micro-minnows

lol, probably correct there!

Cynic

You need to know the history, (research) there is a overhang, no problem, EUA will have a possible £2m profit this season and £4m next just from WK. Check the M/cap Now is the time to buy. But I know you won’t but that’s your loss.

Eurasia’s Monchetundra mining permit in ‘final stages’

http://m.miningweekly.com/article/eurasias-monchetundra-mining-permit-in-final-stages-2018-07-03/rep_id:3861

as you were saying 2+ years ago

Interview with Dmitry Suschov.

https://youtu.be/zEhGT8cGj8I

yummy, yummy ...... what a real tasty little number .......

Excellent News. One last step then boom.

MNR approval of Monchetundra Mine permit application

http://www.moneyam.com/action/news/showArticle?id=6047281

Highlights

· Ministry of Natural Resources, the parent organisation to Rosnedra, the federal subsoil licensing agency, has approved the mine permit application for the Monchetundra Project
· Mine permit now with the office of the Prime Minister for final approval
· Final notice of the approval of the Mining permit application, should approval be given, may be given publicly and without prior notice to the company or its representatives.

First Equity

Eurasia Mining Reach Final in Russia.

Along with the England football team, another team that has been making swift progress in Russia over the last month, but received significantly less newspaper column inches and tweets is Eurasia Mining (EUA.L), who this morning announced it had received approval from the Ministry of Natural Resources (MNR) for a mining permit at its platinum group metals project Monchetundra. This follows soon after the securing of approvals from the Ministry of Economic Development (MOED) on 3rd July, along with federal agencies, the Federal Securities Board (FSB) and the Ministry of Defence (MOD) on 13th June. The last stage of the approval process at Monchetundra, will be for the office of Prime Minister Dmitry Medvedev to give final authorisation, which may be published on a government website, prior to Eurasia being notified.

Comment & Recommendation

The final stage of the permitting process requiring the signature of the Russian Prime Minister, which amounts to what we believe is just a rubber stamping operation, should be considerably easier than the job facing Gareth Southgate's team tonight in Moscow.

With the approval process complete, Eurasia can then progress with its timeline to development at Monchetundra, by completing discussions with third-party service providers, with a view to replicating the contract mining arrangement it has already in place at its other mining operation at West Kytlim. Full production at Monchetundra could commence in Q4 of 2020. The Engineering, Procurement, Construction and Finance agreement already in place with Chinese state owned infrastructure group Sinosteel provides Eurasia with a considerable head start in its preparations.

Given the progress being made at Monchetundra, and evident economic viability of the project with the open pit location of the deposits and significant two million ounce palladium equivalent resource, existing cash flow production from West Kytlim, and unjustified country risk premium being applied to the shares by the market, we recommend Eurasia Mining as a 'Buy'.

https://mailchi.mp/826d2d709da0/eurasia-mining-eual-reach-final-in-russia-342943

Up 38% today, just waiting for Prime Minister Dmitry Medvedev to give final authorisation, which may be published on a government website.

Then we will see the back of the 1p for starters.

Another good volume day 21% up, good start to the week should see 1p this week.

Yep, looking very good for a 'micro-minnow' re cynic :-)

it is indeed but i am more than happy to avoid as with UKOG and similar

Should see over 1p before the license is signed off or more if we get WK news before that. Yesterday’s tweets and pics from EUA @ WK look very promising.

https://mobile.twitter.com/eurasiamining

18 July 2018
Eurasia Mining plc (AIM: EUA)

Issue of Equity and Directors Holdings


Eurasia Mining plc ("Eurasia" or "the Company"), the PGM and gold producing company, announces that it has issued 34,349,315 ordinary shares of 0.1 pence at 0.73 pence per share (the "New Shares") in settlement of invoices for various services including accrued directors fees.

***Further details via link below***

http://www.moneyam.com/action/news/showArticle?id=6056228

Great RNS this morning directors paying themselves with shares, underlines the confidence of the future sp.

Great RNS, should see 1.5p very soon..

Result of AGM and AGM Statement

The Company confirms the 2018 Annual General Meeting, held today the 24(th) July, all resolutions were duly approved.

Speaking at the AGM, Chairman Mr Christian Schaffalitzky said:

"Further to our recent updates, regarding mining at West Kytlim, and the mine permit application process at Monchetundra, which has moved quicker than most of us anticipated, I would like to take this opportunity to make some further statements on the Company's general position.

2018 to date has really been a great success and the we believe the Company is better positioned than it has been for some years. The appointment of Techstroy as contractor for the West Kytlim platinum and gold mine has proven to be a catalyst that has driven the project into a very successful mining season. We intend to make a further statement on West Kytlim before the end of next week, and the total production is already at or around our total estimated for the entire season, i.e. about 100kg raw platinum, and that with several months remaining in the season. Grades have also been much higher than anticipated. We estimate we are running up to a maximum of 7kg of raw platinum mine product in one day throughput. Our collaboration with Techstroy has been positive, in that both parties are comfortable with their respective roles and responsibilities, with mine progress generally, and with earnings above initial Q1 and Q2 estimates.

The Monchetundra mine permit application process has gone very well indeed, we are now 6 months on from the official submission and have reached the office of the PM. We believe this is fast by general experience. We do not have exact timing on how long the process can take from here, our experience from permitting the West Kytlim mine in just the same manner three years ago suggests we might expect signing within three weeks, so we may receive notice soon., but this cannot be guaranteed. We will provide further updates in due course.

In terms of our financial position, we believe we are much better provisioned now with our mine generating revenue, and with a working tested solution in place we have a source of ongoing revenue to fund the Company, as we pursue other projects. This was exactly our intention. Also, with our Monchetundra Project so close to fully permitted we are seeing greater interest from larger financial institutions. We have always been confident that the mining right will ultimately be issued, which is why we have proceeded with work on solutions to fund the considerable capital requirements for the projects development. Our EPC and Financing agreement with Sinosteel has been duly executed by all parties and the drawdown of necessary funds to commence developing the mine to full production of 130,000oz of PGM per year.

Indeed, assuming the mine permit is granted, the Monchetundra Mine will open a new chapter in the Company's history. It is our intention to transform the Company in readiness for full scale mining at Monchetundra which will certainly require filling out the board from what is currently a minimum but cost-effective crew. It is our intention to add mine engineering experience and possibly additional financial experience, ideally with exposure to far eastern markets which we increasingly see as a commercial focus for our operations and a real growth area for commercial transactions in the PGM space. We have proven our ability to make exploration discoveries, fund the exploration process, see the project through the mine permitting process with Russian state approved reserves, and then lastly see the project through to production and it is our aim to repeat the West Kytlim model with the much larger Monchetundra Project.

http://www.moneyam.com/action/news/showArticle?id=6064562

Eurasia Mining surges after upbeat AGM statement

http://www.proactiveinvestors.co.uk/companies/news/201469/eurasia-mining-surges-as-monchetundra-moves-close-to-becoming-fully-permitted-201469.html

01 August 2018
Eurasia Mining plc (AIM: EUA)

Early Settlement of Loan Through Equity Conversion

Eurasia Mining plc ("Eurasia" or "the Company"), the PGM and gold producing company, is pleased to announce it has received a conversion notice from Sanderson Capital Partners ("SCP"), regarding the outstanding amount of £250,000 which was due for repayment in September of this year.


As per the agreement entered into in May 2017 (See RNS dated 19 May 2017) SCP could at its choosing convert all or part of the principal amount into ordinary shares in the Company's share capital at an agreed fixed price of 0.475p per share (reflecting the share price at the time of the agreement in H1 2017). SCP has notified the Company that it has elected to utilise this option and accordingly the Company has today issued 52,631,579 new ordinary shares ('The New Shares'). SCP has voluntarily agreed an orderly disposal agreement and intend to remain a supportive shareholder in Eurasia.

An application will be made for the New Shares to be admitted to trading on AIM and dealings in these shares are expected to commence on the 6 August 2018. This concludes the loan agreement between the parties and repays in full all applicable principal and interest.

Following the issue of the New Shares the total number of issued ordinary shares in the Company will then be 2,117,516,768 ordinary shares and consequently the total number of voting rights in the Company will be 2,117,516,768. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in the share capital of the Company under the Disclosure and Transparency Rules.



Christian Schaffalitzky commented ' We are pleased to fulfil our obligations under this loan agreement and thank SCP for the support they have shown the company over the past number of years. We welcome their continued participation as a supportive shareholder in our future prospects as we continue to produce at the West Kytlim Mine, and bring our Monchetundra Project towards production.'

http://www.moneyam.com/action/news/showArticle?id=6074774

i piled in friday after selling earlier in the month around 0.8p...i think it will 2 bag easily when licence news drops from this low price...easy money!

maestro

As you can probably see I’m a LTH and I’m waiting for 6 to 10p. Been accumulating over a few years. My last buy was only last week. GL.

self-apparent that you guys should be making appointments at specsavers!

19 September 2018
Eurasia Mining plc (AIM: EUA)

Settlement of loan facility, issue of equity and joint broker appointment

Eurasia Mining plc ("Eurasia" or "the Company"), the PGM and gold producer is pleased to announce the final settlement of its remaining loan facility through the issue of equity, the appointment of Optiva Securities Limited ("Optiva") as joint broker, and the placing of the resulting shares with clients of Optiva.

The Company received a conversion notice from YA II PN Ltd ('YA'), being the lender under the terms of a US$1.25m facility outlined in a previous market announcement dated, 14 December 2017, to convert the outstanding loan amount of USD $522,097.17, which is now due for repayment, into 117,917,182 new shares in the Company at a price of 0.34p per share (the "Conversion shares").

Accordingly, the Company has today issued 117,917,182 Ordinary Shares. An application will be made for the Conversion shares to be admitted to trading on AIM and dealings in these shares are expected to commence on the 25th September 2018.

Following the issue of the Conversion shares the total number of issued ordinary shares in the Company will then be 2,344,680,569 ordinary shares and consequently the total number of voting rights in the Company will be 2,344,680,569. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in the share capital of the Company under the Disclosure and Transparency Rules.

Broker appointment and placing of shares

The Company was also notified that YA has agreed to place the Conversion shares through Optiva Securities Limited ("Optiva") to Optiva's clients. The Company also wishes to announce that Optiva has now been appointed as a joint broker to the Company.


Christian Schaffalitzky, Executive Chairman commented; "This transaction completes the agreement with and the Company's obligations to YA, who do not hold any further warrants or options. The Company is now debt free and having foregone repayment is in a stronger position financially.


Eurasia is pleased to start working with Optiva in realising the Company's long-term growth potential and business goals. Optiva's estimation of the Company's growth potential is well demonstrated with this transaction. We look forward to updating the market on our progress at the operational level, including ongoing production at our West Kytlim platinum and gold mine very shortly."

http://www.moneyam.com/action/news/showArticle?id=6134131

West Kytlim Mining update Sept 2018


Eurasia Mining, the PGM and gold production company, here provides a further update from its West Kytlim Mine, the second largest alluvial platinum mine in the world (after Konder in Russia) which the company brought to industrial scale production in May of this year. The mine continues to exceed Directors' expectations in terms of daily production targets and run of mine grades. Shipments of the mine product, a raw platinum concentrate, to the Ekaterinburg precious metals refinery are ongoing, commensurate with payments from sale of Platinum, Palladium, Rhodium, Iridium and Gold.

Eurasia's subsidiary Kosvinsky Kamen, and the mine's contractor Techstroy, have also jointly decided to progress with the much larger Kluchiki open pit, 2 kilometres to the south west of Malaya Sosnovka open pit. Forestry clearing began at Kluchiki in July 2018. Machinery and equipment were deployed to the site in August 2018, with full production following directly.

Overview:

· Total production now stands at 141.5 kg (4,549 ounces total raw platinum from 3 May to 19 September 2018).

· Monthly production averaging greater than 30kg raw platinum.

· Mining ongoing at Kluchki open pit, with current state approved reserves of 893,000m3 of platinum and gold bearing gravels.

· The nature of platinum bearing gravels, sedimentary units, clay and boulder content and the general mining scheme are largely similar at Kluchiki Open Pit.

· Grades continuing to exceed reserve grades by a considerable margin. Total average grade from production to date circa 1g/m3 raw platinum.



Christian Schaffalitzky, company Chairman has highlighted: "We are pleased to provide some further details on the production performance at our West Kytlim Mine, which we believe has been a great success story this year. We are clearly well ahead of our internal target revenue for the year, and with two months of production remaining in the season. Commencing work early on at Kluchiki open pit means we believe we are in an excellent position to ramp up to full scale production in 2019. Our contractor Techstroy in cooperation with our own direct staff at site have operated an efficient and safe worksite throughout the year.

The mining license application at the Monchetundra Project has now reached the very final stage, and we now look to a successful conclusion to the mine permit application. No administrative or technical issues have been highlighted to the Company".



Kluchiki open pit - further details via link

http://www.moneyam.com/action/news/showArticle?id=6138417

28 September 2018
Eurasia Mining plc (AIM: EUA)

Interim report for the six months ended 30 June 2018

Eurasia Mining plc, the platinum and gold production company, announces its interim results for the six months ended 30 June 2018.

CHAIRMAN'S STATEMENT

The first six months of 2018 have been very busy for the company, with the full commissioning of the first washplant at the mine at West Kytlim and attaining the final stage of the mining licence application at Monchetundra.

In March 2018 a new contractor, Techstroy, was appointed and immediately started site preparation work. Actual mining of stockpiled ore at Malaya Sosnovka open pit commenced in April 2018 and the first platinum was produced in early May 2018. Production up to the end of the reporting period of end June 2018 was well ahead of management expectations with 76kg produced of our target for the first half of 2018 of 50kg. As already announced, production proceeded to Kluchiki open pit in August 2018 and at the time of writing, in late September, we have achieved circa 150% of our internal production targets for the entire 2018, with two months still remaining in the season. We believe this represents a major outperformance of our initial production targets. We recognise Techstroy's efficient operation that has served us well to date, and look to our continued partnership through 2019 and beyond.

At Monchetundra, the technical approvals were received in June 2018 and the documentation is now with the Prime Minister's office. We are hopeful that the permit will be signed shortly.

At the time of writing, in late September 2018, we are pleased to confirm that all our loans have been discharged and the Company is debt free. I would like to acknowledge the help of our advisers in this regard, particularly First Equity from the time of their appointment as our broker and subsequently Optiva Securities. The Company is now in a much stronger position, with robust plans in place for future development and steady annual production foreseeable each year at West Kytlim. Coupled with the planned development of a mine at Monchetundra, we can anticipate a significant step-up for Eurasia and its shareholders.

Christian Schaffalitzky
Executive Chairman


OPERATIONS UPDATE

West Kytlim Platinum and Gold mine, Ural Mountains, Russia.

At the time of writing (19 September 2018) the total amount of raw platinum produced from both areas mined at West Kytlim, Malaya Sosnovka and Kluchiki, was 141.5kg (4,549 ounces). Total average raw platinum grade for the period stands at circa 1g/m3.

Malaya Sosnovka Open Pit

The Company continues to break new ground at the West Kytlim Project which attained industrial scale production in May 2018 of this year at the Malaya Sosnovka open pit and had already attained full year production guidance by late July 2018. Mining has now proceeded to Kluchiki open pit where work has been ongoing since August.

West Kytlim is the world's second largest alluvial platinum and gold mine (after Konder in Russia) and is contracted to Techstroy, a qualified and experienced alluvial operator. Eurasia has developed the project from grass roots exploration, through successive feasibility studies and reserve approvals to the issue of a mining permit. Mining commenced at industrial scale in May of 2018 at Malaya Sosnovka open pit within the 21.4km2 license area.

The flow sheet for processing gravels, as redesigned in early 2018 utilises a trommel as the main tool for washing and disintegration to produce a sluice concentrate. This is then further upgraded to a raw platinum black sand concentrate at the on-site laboratory operated by staff from Eurasia's subsidiary Kosvinsky Kamen. Shipments of platinum concentrate to the Ekaterinburg precious metals refinery are ongoing, commensurate with payments from sale of Platinum, Palladium, Rhodium, Iridium and Gold.

Kluchiki open pit

Kluchiki open pit occurs within a few kilometres of the Malaya Sosnovka Area, downstream in the Tylai river system.

Reserves and resources of 319kg raw platinum were identified in the area and achieved state approvals as part of the feasibility study approved in early 2014 (see RNS dated 22 April 2014).

A full team of personnel continue to operate onsite including up to 22 people from Eurasia's contractor Techstroy and up to 8 people from Eurasia's subsidiary Kosvinsky Kamen. Appropriate standards of health and safety are observed on the mine site, no significant incidents involving personal injury have occurred at the site. The mine is in a remote area, 20km from the nearest settlement at Kytlim, a small village of several hundred people. Precautions are taken with regard to safety of mine product, though risk to mine security is considered very low. Corporate and social responsibilities are managed in line with the Company's newly adopted Quoted Company's Alliance Corporate Governance Code 2018. Appropriate environmental management policies are adhered to as prescribed by Russian Subsoil Regulations.

MONCHETUNDRA

Monchetundra is Eurasia's 80% owned ca. 2 million-ounce PGM (Reserve + Resource) project near the town of Monchegorsk on the Kola Peninsula. The project is in late stage feasibility and a mining license application has advanced to Ministerial level having already attained all necessary approvals through federal agents as prescribed under standard Russian subsoil permitting regulations.

In August 2018 the Company was notified that a recalculation of the one-time payment was to be undertaken by Rosnedra, as the mining license application was now more than 6 months old. This is considered a positive step towards a successful conclusion to the process. The one-time payment is a compensation paid to the state for the exploitation of a resource, calculated on a per deposit basis by Rosnedra, and payable over the initial years of the life of the project.

Further details and background to the Monchetundra Project:

Eurasia was issued a discovery certificate in July 2017. This certificate vouchsafes mining rights for the reserves and resources at two open pits, namely Loipishnune and West Nittis. A mining license application proceeded directly.

Currently, state approved reserves and resources within the Monchetundra Project comprise Russian standard C1 and C2 categories of 55.9 tonnes palladium equivalent (predominantly palladium) at two open-pittable locations, West Nittis and Loipishnune. These open pits also contain significant gold and base metal credits including 28,124 tonnes of copper and 30,410 tonnes of nickel.

Engineering Procurement Construction and Financing (EPCF) Contract

An EPCF contract to develop the mine at Monchetundra is already in place with Sinosteel, a state owned Chinese engineering group focused on mining, which was signed in October 2016 (see announcement dated 10 October 2016). The contract provides for Sinosteel to undertake the mine and processing plant construction and commissioning on a turnkey, commercial arms-length basis. 85 per cent (or US$149,600,000) of the contract value has been arranged as debt-based by Sinosteel - this element of plant construction costs will remain on the Sinosteel balance sheet until such time as the plant is operating at full capacity and to designed specification.

The EPCF also includes a sub contract to be awarded to Eurasia's subsidiary Terskaya Mining Company, to cover initial development work at the Loipishnune open pit. This sub-contract, in the amount of US$50m can be drawn down on award of the mining permit.

Other assets and interests.

Work continues at the Semenovsky Tailings Project, Republic of Bashkiria, where a bulk sample has recently been collected for testing at a nearby gold plant. The Company also maintains an active interest in development at the Kamushanovsky Uranium Project which has recently secured new investment. Further updates on these projects will follow when a commercial interest for Eurasia is secured.

http://www.moneyam.com/action/news/showArticle?id=6145928

http://www.proactiveinvestors.co.uk/companies/stocktube/10654/eurasia-mining-debt-free-as-it-beats-production-target-for-mining-season-10654.html

New Vid on WK


https://vimeo.com/292671251

25 October 2018

Eurasia Mining plc (AIM: EUA)

Kluchiki Reserve drilling & Mine season finishing on schedule and ahead of targets.

Eurasia Mining, the PGM and gold production company, is pleased to provide a further update from its West Kytlim Mine, the second largest alluvial platinum mine globally (after Kondyor, Russian Far East). A trommel and sluice based washplant has been operating at an industrial scale on site since May of this year, initially at the Malaya Sosnovka Area, and later also at Kluchiki.

Infill reserves upgrade drilling was carried out at the Kluchiki Area in 2017 and 2018. The Company can now report on these audited drilling results. A further update will follow when the reserves calculation undertaken by the Company, based on new information resulting from the drilling program, is reviewed at Uralnedra, the official body qualifying state approved reserves locally.

The mine season is now finishing, on schedule and with total produced raw platinum well in advance of Company estimates. Work at site is now focussed on preparations for the 2019 season.

The Company is also actively engaged in progressing the mine permit application for the Monchetundra Project on Kola Peninsula. Recent communications with the relevant authorities have been answered as appropriate and the directors are hopeful of a positive conclusion to the process in the near term. A further announcement will follow in due course.



Highlights:

- Total of 895m of regular diameter core drilling undertaken in the 2017 to 2018 drill program with a further 67m of large diameter core drilled to verify regular core grades.

- Grades recovered in line with expectations from current state approved resource.

- Latest Company resource calculation, showing an increase in total contained platinum for the Kluchiki Area, has now been submitted for approval at Uralnedra.

- Evidence for bonanza grade ore pockets within the latest Kluchiki drilling results.

- Work at the mine site now focussed on preparations for the next season of mining, to ensure a smooth start-up in spring 2019.



Christian Schaffalitzky, Eurasia Chairman has commented. 'These new drilling data are very much in line with our expectations from many years working in the area. The grades from the drilling program, and in our Reserve calculation are very much in line with our previous Resource and Reserve grades.

Grades reported during the mining season have been far in excess of our Resource grades, as it is only through actually mining a deposit like West Kytlim that the true grade of the material can be measured; we have done our best to elucidate this in the section on nugget effect below. Our appreciation of the West Kytlim project's potential, and indeed it's value to the Company, has been recast during this first year of significant production, with total platinum produced at around 165Kg, or 165% of the Company's estimates. We also acknowledge the professionalism and performance of our partners Techstroy during 2018 and look forward to working with them next year. '

***More via link below***

https://www.moneyam.com/action/news/showArticle?id=6180603

Eurasia Mining potentially able to double production next year at West Kytlim

https://www.proactiveinvestors.co.uk/companies/stocktube/10985/eurasia-mining-potentially-able-to-double-production-next-year-at-west-kytlim-10985.html

Mine financing in Russia –
a case study

https://www.eurasiamining.co.uk/investors/presentations/download?path=EUA%2BRUSSIA%2BUK%2BRaw%2BMaterials%2BDialogue%2BArticle%2BOct18.pdf

well still no licence signed off...maybe this week...palladium still rising

Eurasia Mining debt-free as it beats production target for mining season

https://www.youtube.com/watch?v=lRJPcrgNaBg&feature=youtu.be

ShateTalk.

Heading back to .8

https://www.share-talk.com/share-talk-bulletin-board-heroes-tuesday-6th-november-2018/?utm_source=twitter&utm_medium=social&utm_campaign=SocialWarfare

Brockers note out.

https://www.eurasiamining.co.uk/investors/presentations/download?path=Optiva%2B-%2BEurasia%2BMining%2BOctober%2B2018.pdf

Its here!!!!!!!

Final Approval Received for Monchetundra Mine

https://www.moneyam.com/action/news/showArticle?id=6214298

Great news!

20 November 2018
Eurasia Mining plc (AIM: EUA)

Final Approval Received for Monchetundra Mine

Eurasia Mining plc (AIM: EUA), the PGM and gold producing company, is delighted to announce that the office of the Prime Minister of the Russian Federation has approved the issue of a mining permit at the Monchetundra PGM and base metals project.

The Monchetundra project comprises 1.9 million ounces of palladium-led reserves and resources with platinum, gold, copper and nickel with a gross in-situ value of $2.11 billion, as detailed in the RNS announcements dated 21 May 2017 and 02 February 2018. A contract for engineering, procurement and construction and financing is in place with Sinosteel for the development of the mine. This announcement, made public through official government channels earlier today, 20 November 2018, concludes the extensive permit application process. The formal procedure involves the issue of the licence together with details of the advance royalty payment, to follow shortly.

Speaking after the announcement, Christian Schaffalitzky, Chairman said: " we are very happy that our work on obtaining this licence, which began more than ten years ago, has finally been completed. We are also pleased that the Company is debt-free as it prepares to develop Monchetundra. A more detailed announcement will follow in due course with the details of the licence and an update on the project."

fireworks tomoro... 3p easy

i was lucky...bought back in today around 0.55p

TOMORROW WILL BE A MEGA FRENZY. WATCH EARLY TRADING! COULD WE SEE 500%+? DYOR BUT I THINK WE MIGHT!

Looking at a lot of price action today, easy a future 10 bag plus from here, after yesterday's RNS.

when shall we see mega frenzy. By tomorrow I think we will be on .005

A finish of 1p+ would be great for today!

with a spread of nearly 10% (0.07p), i'ld have thought it very difficult to make much on this and similar stocks, but very easy to lose quite a bit

That is a very cynical viewpoint! :-)

An increase (albeit small) on yesterday's gains is a big positive!

in case you hadn't noticed, the markets were strongly up across the board

cynic
In case you hadn't noticed, there was some profit taking from the previous day when it was 65% up. and a 3 bagger when I told you to buy in, your not to late this is a multi bagger in the making..

fill your boots then, and i hope it's not cement powder

Eurasia Mining Plc hails final approval for Monchetundra mine (video)
08:45 22 Nov 2018

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.

https://www.proactiveinvestors.co.uk/companies/stocktube/11283/eurasia-mining-plc-hails-final-approval-for-monchetundra-mine-11283.html

B Mick

Cheers, was just going to post that, looking very good now completely derisked. If I wasn’t fully loaded I would be adding big time, MT isn’t even priced in till we get passed 1.5p looking at 6p then on to 12p with a divvy unless we get taken out.

driver, there is also a 'One2One Investor Forum' event tonight in Dublin where EUA (Christian Schaffalitzky) are taking part:

https://twitter.com/eurasiamining

https://www.proactiveinvestors.co.uk/register/event_details/170

This Metal Just Hit a Record. Here's Why Palladium Is Soaring


https://www.bloomberg.com/news/articles/2018-10-23/this-metal-just-hit-a-record-here-s-why-palladium-is-soaring?srnd=premium-europe

https://www.rt.com/business/444768-palladium-more-valuable-gold/

Eurasia Mining PLC

Turner Pope Investor Evening



Eurasia Mining PLC (AIM: EUA.L), the PGM and gold producing company is pleased to announce that Keith Byrne will be presenting at an investor evening hosted by Turner Pope Investments (TPI) Ltd, on Monday 10th December. The event will be held in London, W1 and will commence at 5pm.


To register your interest, please email info@turnerpope.com or call on 0203 621 4124.

https://www.moneyam.com/action/news/showArticle?id=6229689

05 December 2018
Eurasia Mining plc (AIM: EUA)

Monchetundra Mine Permit - further steps following permit award

Following the Company's announcement dated 20 November 2018 made on the final award of a mining permit for the Monchetundra PGM and base metals mine, Eurasia Mining plc (AIM: EUA), the PGM and gold producing company, is pleased to offer further details of the now fully approved mine permit and the administrative steps following the final award which bring the matter to a successful conclusion.

The mine permit was awarded by government decree made public on 20 November 2018 (see RNS dated 20 November 2018). The mining permit is granted based on a previously issued discovery certificate and fully authorises mine construction at the circa 2Moz Pd equivalent state-approved reserve and resource (1.9Moz palladium dominant 2PGE as palladium, platinum and gold) with significant additional nickel and copper revenue streams. The Monchetundra Project is located adjacent to the town of Monchegorsk, 130km south of Murmansk on the Kola Peninsula, bordering Finland in Northwest Russia.

Highlights

· Mine permit now fully approved and authorised by the office of prime Minister Dmitry Medvedev.

· The Company has conducted telephone communication with RosNedra, the Russian Federal agency responsible for mining, confirming that an order to issue the license documentation has been forwarded by the Ministry of Natural Resources to RosNedra and that an official document detailing the permit will be forthcoming, in accordance with standard procedure.

· The one-time license payment will also be confirmed to the Company. Payment terms are set out on a 20/80 basis, ie 20% initially and 80% within the first 5 years of mine production.

· The Monchetundra Project, with an in-situ total reserve and resource value of approximately US$2.1 billion (an internal calculation based on London Metal Exchange November 2018 spot metal prices, and prepared for guidance only) is now licensed to mine and can continue to the construction phase.

· As previously announced, an Engineering Procurement Construction & Financing ("EPCF") contract is already in place with the Chinese state-owned major infrastructure project group Sinosteel, for 85% (or US$149.6M) of a total contract value of US$176M.

· A US$50M sub-contract is specified within the contract and is assigned to Eurasia's 80% subsidiary Terskaya Gornaya Kompany ("TGK"), or a sub-contractor of its choosing, for engineering and pit development works in advance of mining.

· The mining license is the first hard rock PGM mining permit to be issued in the Russian Federation since February 2016.

· The 1.9M oz Pd eq (with a 3:1 Pd:Pt ratio in favour of palladium based on production) reserve and resource with base metals credits are now permitted for extraction at two open pit locations, West Nittis and Loipishnune (for further details see announcement dated 31 May 2017).


Christian Schaffalitzky, Managing Director and Executive Chairman for Eurasia, commented: "We are thrilled and honoured to have received the final permission required to proceed and build a mine at our Monchetundra PGM and base metals project. This permission and indeed recent milestones achieved by Eurasia with the Monchetundra Project are the culmination of many years of hard work and conviction to pursue a PGM project in an emerging PGM district and we are extremely thankful to the cooperation we have received at local and federal level in the jurisdiction we have chosen to operate in.

This is the start of a new chapter for the Company and its ambitions. Our commercial arrangements regarding the Monchetundra Project development can now be realised at this large low cost PGM and base metals project. The Company would like to thank the officials in all of the relevant ministries who have accessed the projects viability. The issue of this mining permit represents a sea change for the company, as this is a major project which the company intends to develop alongside our West Kytlim PGM and gold mine, which achieved steady state industrial scale production during 2018.

It is also significant that very few mine permits are issued for PGM projects, reflecting the lack of investment in this sector, something that we the Directors feel makes this project particularly valuable. The vast majority of permits issued in Russia are for gold projects, and it is also quite rare in the current phase of the resources cycle to find an exploration company taking a project all the way from green fields exploration through mine permitting. Now we progress onto mine development and production, at Eurasia's second mining license, based on its own discoveries, issued in less than three years.

As regards funding requirements, our arrangements with Sinosteel mean the Company can move forward with the project's development without recourse to further dilution of its shareholder base.

Finally, we note the recent price gains in Palladium to an all-time high in November 2018 ($1,219USD/oz at the time of writing (LBMA Prices)) as being particularly beneficial to the project.

It is our intention to offer specific timelines and objectives for the projects development through 2019 in due course."



Overview and more via link below

https://www.moneyam.com/action/news/showArticle?id=6232225

Looking very good now with Pall at a all time high and no more dilution theres only one way this is going.


As regards funding requirements, our arrangements with Sinosteel mean the Company can move forward with the project's development without recourse to further dilution of its shareholder base.

Finally, we note the recent price gains in Palladiuhm to an all-time high in November 2018 ($1,219USD/oz at the time of writing (LBMA Prices)) as being particularly beneficial to the project.

Markets
Gold Gets Leapfrogged as Palladium Extends Rally to Record Again

https://www.bloomberg.com/news/articles/2018-12-05/palladium-tops-gold-after-rally-driven-by-surge-in-global-demand

Not sure if posted before but it does say "Date added: 06/12/2018 09:50:37"


Eurasia Corporate Presentation November 2018

https://www.eurasiamining.co.uk/investors/presentations/download?path=EUA%2Bnov%2B2018.pdf

Mick

Cheers, yes looks like it’s been updated.

07 December 2018
Eurasia Mining plc (AIM: EUA)

Monchetundra Mine Permit License Fee

Eurasia Mining plc (AIM: EUA), the PGM and gold producing company, is pleased to announce that, following from the official notice of the final award of the Monchetundra Mine permit, Rosnedra, the Russian Federal agency responsible for mining, has yesterday (06 December 2018) given notice of the one-time license payment terms.

The size of the payment has now been calculated by Rosnedra as RUR20,843,788, 20% of which (RUR4,168,758 or £48,853) is to be paid within 30 calendar days of registration of the licence at the state register of subsoil licences. The remaining 80% of the one-time license fee is payable within 5 years of the date of the licence's registration. These terms are stipulated in Russian subsoil licensing laws where a licence has been awarded to a Company based on a state approved mineral resource which the Company has itself identified.

It is expected that the official document will be transferred to the Company in the coming weeks and it is the Company's intention to the pay the initial 20% of the license payment from available funds on registration of the license. The balance is expected to be met as part of the capital development of the project.



Background to the Monchetundra Project.

https://www.moneyam.com/action/news/showArticle?id=6235900

the market remains consistently impressed with this company

cynic

You need to get on board soon, or it will be to late

1 December 2018
Eurasia Mining plc (AIM: EUA)

Monchetundra Mine Permit Registration


Eurasia Mining plc (AIM: EUA), the PGM and gold producing company, is pleased to announce that the official license certificate regarding the mine permit for Monchetundra has now been delivered to the company, and was yesterday, Monday 10 December 2018, registered with the state registry of subsoil mining licences in Moscow. A company director of the local subsidiary attended at Rosnedra in Moscow, the federal agent responsible for mining law, and received the mining license in person. This was subsequently officially filed with the state registry.

Rosnedra had previously calculated the one-time license payment (see RNS dated 07 Dec 2018) as RUR20,843,788, 20% of which (RUR4,168,758 or £48,853) is to be paid within 30 calendar days of registration of the license and the remaining 80% payable within 5 years of the date of the licence's registration.

A photograph of the official document, mining license MUR16493, has been uploaded to the Company's twitter feed. The license is issued to Terskaya Gornaya Kompany, Eurasia's 80% owned subsidiary, and is valid to the 07 December 2038, for the extraction of palladium, platinum, gold, copper and nickel.

Christian Schaffalitzky, commenting from the Company's Russian headquarters in Ekaterinburg said

'Congratulations to all our team in bringing this matter to a successful conclusion. Again we wish to thank the officials involved in moving the license documentation along so soon after the final decree from Prime Minister Medvedev. We look forward to advancing the project through construction now that the final permits are entirely in place. '

https://www.moneyam.com/action/news/showArticle?id=6239600

We should now sit back and watch it happen it is totally obvious that EUA is completely under the radar, for a company that will in a short time scale be pulling in profits of up to $60m Pa a possible .5-.6 divvy from MT, plus profits from WK, plus profits from STP when up and running.
Take this opportunity to add if your boots are not fully filled and enjoy Xmas with a smile on your face.

Turner Pope presentation

Https://www.youtube.com/watch?v=SQAhW8FmRv4&feature=youtu.be

Cheers driver, I'll watch at lunch time.

Eurasia Mining receives mining licence for Monchetundra palladium project


https://steelguru.com/mining/eurasia-mining-receives-mining-licence-for-monchetundra-palladium-project/528781

Eurasia Mining PLC West Kytlim Mine - Additional License Issued.

All good news at WK.

Potential to add significantly to the resource base and life of mine for the operational West Kytlim project.

https://www.moneyam.com/action/news/showArticle?id=6246482

Palladium Still Isn’t Pricey Enough.


https://www.bloomberg.com/opinion/articles/2019-01-11/palladium-prices-are-bound-to-go-higher-as-plati

Interview: Eurasia chairman Schaffalitzky discusses potential doubling of reserves and increased efficiency at West Kytlim mine (EUA)

https://miningmaven.com/companies/eurasia-mining/728-interview-eurasia-chairman-schaffalitzky-discusses-potential-doubling-of-reserves-and-increased-efficiency-at-west-kytlim-mine-eua

Work set to begin immediately at Eurasia Mining's West Kytlim project in Russia

https://www.youtube.com/watch?v=ihT3_oYzAGo&feature=youtu.be

great chart too