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Eurasia Mining (EUA)     

aevansdj - 20 Jul 2005 16:35

Has anyone heard anything about this firm regarding newsflow?

cynic - 11 Jun 2018 11:08 - 180 of 269

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

driver - 11 Jun 2018 11:56 - 181 of 269

Lol Cynic no research as usual.

cynic - 11 Jun 2018 13:34 - 182 of 269

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

driver - 11 Jun 2018 16:25 - 183 of 269

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.

cynic - 12 Jun 2018 15:31 - 184 of 269

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

banjomick - 13 Jun 2018 08:00 - 185 of 269

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

banjomick - 14 Jun 2018 14:16 - 186 of 269

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

driver - 14 Jun 2018 15:56 - 187 of 269

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/

driver - 15 Jun 2018 22:01 - 188 of 269

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

driver - 20 Jun 2018 19:33 - 189 of 269

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/

driver - 21 Jun 2018 14:03 - 190 of 269

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/

driver - 02 Jul 2018 12:56 - 191 of 269

Annual Report and Accounts 2017

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

driver - 02 Jul 2018 12:58 - 192 of 269


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.

driver - 03 Jul 2018 08:35 - 193 of 269

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

banjomick - 03 Jul 2018 09:38 - 194 of 269

Very positive news.

cynic - 03 Jul 2018 11:01 - 195 of 269

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

banjomick - 03 Jul 2018 13:58 - 196 of 269

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

cynic - 03 Jul 2018 14:11 - 197 of 269

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

banjomick - 03 Jul 2018 14:16 - 198 of 269

lol, probably correct there!

driver - 03 Jul 2018 21:15 - 199 of 269

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.
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