Has anyone heard anything about this firm regarding newsflow?

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.