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Eurasia Mining (EUA)     

aevansdj - 20 Jul 2005 16:35

Has anyone heard anything about this firm regarding newsflow?

faceface - 06 Feb 2017 14:42 - 104 of 269

Really surprised at the share price reaction to this news

banjomick - 07 Feb 2017 00:59 - 105 of 269

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

757z468_shutterstock_130434743.jpg

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


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driver - 07 Feb 2017 09:01 - 106 of 269

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.

driver - 07 Feb 2017 14:51 - 107 of 269

Eurasia Mining - Project update 2017

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

driver - 17 Feb 2017 16:48 - 108 of 269

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

driver - 24 Feb 2017 20:29 - 109 of 269

New.
Substantial interview by CS

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

banjomick - 25 Feb 2017 10:39 - 110 of 269

Very interesting interview, cheers driver.

driver - 25 Feb 2017 15:31 - 111 of 269

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..

banjomick - 27 Feb 2017 23:39 - 112 of 269

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

banjomick - 24 Mar 2017 07:53 - 113 of 269

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

banjomick - 24 Mar 2017 08:02 - 114 of 269

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

faceface - 24 Mar 2017 11:49 - 115 of 269

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

banjomick - 29 Mar 2017 14:45 - 116 of 269

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

banjomick - 30 Mar 2017 12:02 - 117 of 269

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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/

banjomick - 03 Apr 2017 19:01 - 118 of 269

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

banjomick - 06 Apr 2017 13:28 - 119 of 269

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

banjomick - 06 Apr 2017 16:19 - 121 of 269

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

banjomick - 12 Apr 2017 10:36 - 122 of 269

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

banjomick - 21 Apr 2017 09:31 - 123 of 269

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
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