Has anyone heard anything about this firm regarding newsflow?

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/