Has anyone heard anything about this firm regarding newsflow?

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