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