Has anyone heard anything about this firm regarding newsflow?

Excellent News. One last step then boom.

MNR approval of Monchetundra Mine permit application

http://www.moneyam.com/action/news/showArticle?id=6047281

Highlights

· Ministry of Natural Resources, the parent organisation to Rosnedra, the federal subsoil licensing agency, has approved the mine permit application for the Monchetundra Project
· Mine permit now with the office of the Prime Minister for final approval
· Final notice of the approval of the Mining permit application, should approval be given, may be given publicly and without prior notice to the company or its representatives.

First Equity

Eurasia Mining Reach Final in Russia.

Along with the England football team, another team that has been making swift progress in Russia over the last month, but received significantly less newspaper column inches and tweets is Eurasia Mining (EUA.L), who this morning announced it had received approval from the Ministry of Natural Resources (MNR) for a mining permit at its platinum group metals project Monchetundra. This follows soon after the securing of approvals from the Ministry of Economic Development (MOED) on 3rd July, along with federal agencies, the Federal Securities Board (FSB) and the Ministry of Defence (MOD) on 13th June. The last stage of the approval process at Monchetundra, will be for the office of Prime Minister Dmitry Medvedev to give final authorisation, which may be published on a government website, prior to Eurasia being notified.

Comment & Recommendation

The final stage of the permitting process requiring the signature of the Russian Prime Minister, which amounts to what we believe is just a rubber stamping operation, should be considerably easier than the job facing Gareth Southgate's team tonight in Moscow.

With the approval process complete, Eurasia can then progress with its timeline to development at Monchetundra, by completing discussions with third-party service providers, with a view to replicating the contract mining arrangement it has already in place at its other mining operation at West Kytlim. Full production at Monchetundra could commence in Q4 of 2020. The Engineering, Procurement, Construction and Finance agreement already in place with Chinese state owned infrastructure group Sinosteel provides Eurasia with a considerable head start in its preparations.

Given the progress being made at Monchetundra, and evident economic viability of the project with the open pit location of the deposits and significant two million ounce palladium equivalent resource, existing cash flow production from West Kytlim, and unjustified country risk premium being applied to the shares by the market, we recommend Eurasia Mining as a 'Buy'.

https://mailchi.mp/826d2d709da0/eurasia-mining-eual-reach-final-in-russia-342943

Up 38% today, just waiting for Prime Minister Dmitry Medvedev to give final authorisation, which may be published on a government website.

Then we will see the back of the 1p for starters.

Another good volume day 21% up, good start to the week should see 1p this week.

Yep, looking very good for a 'micro-minnow' re cynic :-)

it is indeed but i am more than happy to avoid as with UKOG and similar

Should see over 1p before the license is signed off or more if we get WK news before that. Yesterday’s tweets and pics from EUA @ WK look very promising.

https://mobile.twitter.com/eurasiamining

18 July 2018
Eurasia Mining plc (AIM: EUA)

Issue of Equity and Directors Holdings


Eurasia Mining plc ("Eurasia" or "the Company"), the PGM and gold producing company, announces that it has issued 34,349,315 ordinary shares of 0.1 pence at 0.73 pence per share (the "New Shares") in settlement of invoices for various services including accrued directors fees.

***Further details via link below***

http://www.moneyam.com/action/news/showArticle?id=6056228

Great RNS this morning directors paying themselves with shares, underlines the confidence of the future sp.

Great RNS, should see 1.5p very soon..

Result of AGM and AGM Statement

The Company confirms the 2018 Annual General Meeting, held today the 24(th) July, all resolutions were duly approved.

Speaking at the AGM, Chairman Mr Christian Schaffalitzky said:

"Further to our recent updates, regarding mining at West Kytlim, and the mine permit application process at Monchetundra, which has moved quicker than most of us anticipated, I would like to take this opportunity to make some further statements on the Company's general position.

2018 to date has really been a great success and the we believe the Company is better positioned than it has been for some years. The appointment of Techstroy as contractor for the West Kytlim platinum and gold mine has proven to be a catalyst that has driven the project into a very successful mining season. We intend to make a further statement on West Kytlim before the end of next week, and the total production is already at or around our total estimated for the entire season, i.e. about 100kg raw platinum, and that with several months remaining in the season. Grades have also been much higher than anticipated. We estimate we are running up to a maximum of 7kg of raw platinum mine product in one day throughput. Our collaboration with Techstroy has been positive, in that both parties are comfortable with their respective roles and responsibilities, with mine progress generally, and with earnings above initial Q1 and Q2 estimates.

The Monchetundra mine permit application process has gone very well indeed, we are now 6 months on from the official submission and have reached the office of the PM. We believe this is fast by general experience. We do not have exact timing on how long the process can take from here, our experience from permitting the West Kytlim mine in just the same manner three years ago suggests we might expect signing within three weeks, so we may receive notice soon., but this cannot be guaranteed. We will provide further updates in due course.

In terms of our financial position, we believe we are much better provisioned now with our mine generating revenue, and with a working tested solution in place we have a source of ongoing revenue to fund the Company, as we pursue other projects. This was exactly our intention. Also, with our Monchetundra Project so close to fully permitted we are seeing greater interest from larger financial institutions. We have always been confident that the mining right will ultimately be issued, which is why we have proceeded with work on solutions to fund the considerable capital requirements for the projects development. Our EPC and Financing agreement with Sinosteel has been duly executed by all parties and the drawdown of necessary funds to commence developing the mine to full production of 130,000oz of PGM per year.

Indeed, assuming the mine permit is granted, the Monchetundra Mine will open a new chapter in the Company's history. It is our intention to transform the Company in readiness for full scale mining at Monchetundra which will certainly require filling out the board from what is currently a minimum but cost-effective crew. It is our intention to add mine engineering experience and possibly additional financial experience, ideally with exposure to far eastern markets which we increasingly see as a commercial focus for our operations and a real growth area for commercial transactions in the PGM space. We have proven our ability to make exploration discoveries, fund the exploration process, see the project through the mine permitting process with Russian state approved reserves, and then lastly see the project through to production and it is our aim to repeat the West Kytlim model with the much larger Monchetundra Project.

http://www.moneyam.com/action/news/showArticle?id=6064562

Eurasia Mining surges after upbeat AGM statement

http://www.proactiveinvestors.co.uk/companies/news/201469/eurasia-mining-surges-as-monchetundra-moves-close-to-becoming-fully-permitted-201469.html

01 August 2018
Eurasia Mining plc (AIM: EUA)

Early Settlement of Loan Through Equity Conversion

Eurasia Mining plc ("Eurasia" or "the Company"), the PGM and gold producing company, is pleased to announce it has received a conversion notice from Sanderson Capital Partners ("SCP"), regarding the outstanding amount of £250,000 which was due for repayment in September of this year.


As per the agreement entered into in May 2017 (See RNS dated 19 May 2017) SCP could at its choosing convert all or part of the principal amount into ordinary shares in the Company's share capital at an agreed fixed price of 0.475p per share (reflecting the share price at the time of the agreement in H1 2017). SCP has notified the Company that it has elected to utilise this option and accordingly the Company has today issued 52,631,579 new ordinary shares ('The New Shares'). SCP has voluntarily agreed an orderly disposal agreement and intend to remain a supportive shareholder in Eurasia.

An application will be made for the New Shares to be admitted to trading on AIM and dealings in these shares are expected to commence on the 6 August 2018. This concludes the loan agreement between the parties and repays in full all applicable principal and interest.

Following the issue of the New Shares the total number of issued ordinary shares in the Company will then be 2,117,516,768 ordinary shares and consequently the total number of voting rights in the Company will be 2,117,516,768. 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.



Christian Schaffalitzky commented ' We are pleased to fulfil our obligations under this loan agreement and thank SCP for the support they have shown the company over the past number of years. We welcome their continued participation as a supportive shareholder in our future prospects as we continue to produce at the West Kytlim Mine, and bring our Monchetundra Project towards production.'

http://www.moneyam.com/action/news/showArticle?id=6074774

i piled in friday after selling earlier in the month around 0.8p...i think it will 2 bag easily when licence news drops from this low price...easy money!

maestro

As you can probably see I’m a LTH and I’m waiting for 6 to 10p. Been accumulating over a few years. My last buy was only last week. GL.

self-apparent that you guys should be making appointments at specsavers!

19 September 2018
Eurasia Mining plc (AIM: EUA)

Settlement of loan facility, issue of equity and joint broker appointment

Eurasia Mining plc ("Eurasia" or "the Company"), the PGM and gold producer is pleased to announce the final settlement of its remaining loan facility through the issue of equity, the appointment of Optiva Securities Limited ("Optiva") as joint broker, and the placing of the resulting shares with clients of Optiva.

The Company received a conversion notice from YA II PN Ltd ('YA'), being the lender under the terms of a US$1.25m facility outlined in a previous market announcement dated, 14 December 2017, to convert the outstanding loan amount of USD $522,097.17, which is now due for repayment, into 117,917,182 new shares in the Company at a price of 0.34p per share (the "Conversion shares").

Accordingly, the Company has today issued 117,917,182 Ordinary Shares. An application will be made for the Conversion shares to be admitted to trading on AIM and dealings in these shares are expected to commence on the 25th September 2018.

Following the issue of the Conversion shares the total number of issued ordinary shares in the Company will then be 2,344,680,569 ordinary shares and consequently the total number of voting rights in the Company will be 2,344,680,569. 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.

Broker appointment and placing of shares

The Company was also notified that YA has agreed to place the Conversion shares through Optiva Securities Limited ("Optiva") to Optiva's clients. The Company also wishes to announce that Optiva has now been appointed as a joint broker to the Company.


Christian Schaffalitzky, Executive Chairman commented; "This transaction completes the agreement with and the Company's obligations to YA, who do not hold any further warrants or options. The Company is now debt free and having foregone repayment is in a stronger position financially.


Eurasia is pleased to start working with Optiva in realising the Company's long-term growth potential and business goals. Optiva's estimation of the Company's growth potential is well demonstrated with this transaction. We look forward to updating the market on our progress at the operational level, including ongoing production at our West Kytlim platinum and gold mine very shortly."

http://www.moneyam.com/action/news/showArticle?id=6134131

West Kytlim Mining update Sept 2018


Eurasia Mining, the PGM and gold production company, here provides a further update from its West Kytlim Mine, the second largest alluvial platinum mine in the world (after Konder in Russia) which the company brought to industrial scale production in May of this year. The mine continues to exceed Directors' expectations in terms of daily production targets and run of mine grades. Shipments of the mine product, a raw platinum concentrate, to the Ekaterinburg precious metals refinery are ongoing, commensurate with payments from sale of Platinum, Palladium, Rhodium, Iridium and Gold.

Eurasia's subsidiary Kosvinsky Kamen, and the mine's contractor Techstroy, have also jointly decided to progress with the much larger Kluchiki open pit, 2 kilometres to the south west of Malaya Sosnovka open pit. Forestry clearing began at Kluchiki in July 2018. Machinery and equipment were deployed to the site in August 2018, with full production following directly.

Overview:

· Total production now stands at 141.5 kg (4,549 ounces total raw platinum from 3 May to 19 September 2018).

· Monthly production averaging greater than 30kg raw platinum.

· Mining ongoing at Kluchki open pit, with current state approved reserves of 893,000m3 of platinum and gold bearing gravels.

· The nature of platinum bearing gravels, sedimentary units, clay and boulder content and the general mining scheme are largely similar at Kluchiki Open Pit.

· Grades continuing to exceed reserve grades by a considerable margin. Total average grade from production to date circa 1g/m3 raw platinum.



Christian Schaffalitzky, company Chairman has highlighted: "We are pleased to provide some further details on the production performance at our West Kytlim Mine, which we believe has been a great success story this year. We are clearly well ahead of our internal target revenue for the year, and with two months of production remaining in the season. Commencing work early on at Kluchiki open pit means we believe we are in an excellent position to ramp up to full scale production in 2019. Our contractor Techstroy in cooperation with our own direct staff at site have operated an efficient and safe worksite throughout the year.

The mining license application at the Monchetundra Project has now reached the very final stage, and we now look to a successful conclusion to the mine permit application. No administrative or technical issues have been highlighted to the Company".



Kluchiki open pit - further details via link

http://www.moneyam.com/action/news/showArticle?id=6138417

28 September 2018
Eurasia Mining plc (AIM: EUA)

Interim report for the six months ended 30 June 2018

Eurasia Mining plc, the platinum and gold production company, announces its interim results for the six months ended 30 June 2018.

CHAIRMAN'S STATEMENT

The first six months of 2018 have been very busy for the company, with the full commissioning of the first washplant at the mine at West Kytlim and attaining the final stage of the mining licence application at Monchetundra.

In March 2018 a new contractor, Techstroy, was appointed and immediately started site preparation work. Actual mining of stockpiled ore at Malaya Sosnovka open pit commenced in April 2018 and the first platinum was produced in early May 2018. Production up to the end of the reporting period of end June 2018 was well ahead of management expectations with 76kg produced of our target for the first half of 2018 of 50kg. As already announced, production proceeded to Kluchiki open pit in August 2018 and at the time of writing, in late September, we have achieved circa 150% of our internal production targets for the entire 2018, with two months still remaining in the season. We believe this represents a major outperformance of our initial production targets. We recognise Techstroy's efficient operation that has served us well to date, and look to our continued partnership through 2019 and beyond.

At Monchetundra, the technical approvals were received in June 2018 and the documentation is now with the Prime Minister's office. We are hopeful that the permit will be signed shortly.

At the time of writing, in late September 2018, we are pleased to confirm that all our loans have been discharged and the Company is debt free. I would like to acknowledge the help of our advisers in this regard, particularly First Equity from the time of their appointment as our broker and subsequently Optiva Securities. The Company is now in a much stronger position, with robust plans in place for future development and steady annual production foreseeable each year at West Kytlim. Coupled with the planned development of a mine at Monchetundra, we can anticipate a significant step-up for Eurasia and its shareholders.

Christian Schaffalitzky
Executive Chairman


OPERATIONS UPDATE

West Kytlim Platinum and Gold mine, Ural Mountains, Russia.

At the time of writing (19 September 2018) the total amount of raw platinum produced from both areas mined at West Kytlim, Malaya Sosnovka and Kluchiki, was 141.5kg (4,549 ounces). Total average raw platinum grade for the period stands at circa 1g/m3.

Malaya Sosnovka Open Pit

The Company continues to break new ground at the West Kytlim Project which attained industrial scale production in May 2018 of this year at the Malaya Sosnovka open pit and had already attained full year production guidance by late July 2018. Mining has now proceeded to Kluchiki open pit where work has been ongoing since August.

West Kytlim is the world's second largest alluvial platinum and gold mine (after Konder in Russia) and is contracted to Techstroy, a qualified and experienced alluvial operator. Eurasia has developed the project from grass roots exploration, through successive feasibility studies and reserve approvals to the issue of a mining permit. Mining commenced at industrial scale in May of 2018 at Malaya Sosnovka open pit within the 21.4km2 license area.

The flow sheet for processing gravels, as redesigned in early 2018 utilises a trommel as the main tool for washing and disintegration to produce a sluice concentrate. This is then further upgraded to a raw platinum black sand concentrate at the on-site laboratory operated by staff from Eurasia's subsidiary Kosvinsky Kamen. Shipments of platinum concentrate to the Ekaterinburg precious metals refinery are ongoing, commensurate with payments from sale of Platinum, Palladium, Rhodium, Iridium and Gold.

Kluchiki open pit

Kluchiki open pit occurs within a few kilometres of the Malaya Sosnovka Area, downstream in the Tylai river system.

Reserves and resources of 319kg raw platinum were identified in the area and achieved state approvals as part of the feasibility study approved in early 2014 (see RNS dated 22 April 2014).

A full team of personnel continue to operate onsite including up to 22 people from Eurasia's contractor Techstroy and up to 8 people from Eurasia's subsidiary Kosvinsky Kamen. Appropriate standards of health and safety are observed on the mine site, no significant incidents involving personal injury have occurred at the site. The mine is in a remote area, 20km from the nearest settlement at Kytlim, a small village of several hundred people. Precautions are taken with regard to safety of mine product, though risk to mine security is considered very low. Corporate and social responsibilities are managed in line with the Company's newly adopted Quoted Company's Alliance Corporate Governance Code 2018. Appropriate environmental management policies are adhered to as prescribed by Russian Subsoil Regulations.

MONCHETUNDRA

Monchetundra is Eurasia's 80% owned ca. 2 million-ounce PGM (Reserve + Resource) project near the town of Monchegorsk on the Kola Peninsula. The project is in late stage feasibility and a mining license application has advanced to Ministerial level having already attained all necessary approvals through federal agents as prescribed under standard Russian subsoil permitting regulations.

In August 2018 the Company was notified that a recalculation of the one-time payment was to be undertaken by Rosnedra, as the mining license application was now more than 6 months old. This is considered a positive step towards a successful conclusion to the process. The one-time payment is a compensation paid to the state for the exploitation of a resource, calculated on a per deposit basis by Rosnedra, and payable over the initial years of the life of the project.

Further details and background to the Monchetundra Project:

Eurasia was issued a discovery certificate in July 2017. This certificate vouchsafes mining rights for the reserves and resources at two open pits, namely Loipishnune and West Nittis. A mining license application proceeded directly.

Currently, state approved reserves and resources within the Monchetundra Project comprise Russian standard C1 and C2 categories of 55.9 tonnes 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 and 30,410 tonnes of nickel.

Engineering Procurement Construction and Financing (EPCF) Contract

An EPCF contract to develop the mine at Monchetundra is already in place with Sinosteel, a state owned Chinese engineering group focused on mining, which was signed in October 2016 (see announcement dated 10 October 2016). The contract provides for Sinosteel to undertake the mine and processing plant construction and commissioning on a turnkey, commercial arms-length basis. 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.

The EPCF also includes a sub contract to be awarded to Eurasia's subsidiary Terskaya Mining Company, to cover initial development work at the Loipishnune open pit. This sub-contract, in the amount of US$50m can be drawn down on award of the mining permit.

Other assets and interests.

Work continues at the Semenovsky Tailings Project, Republic of Bashkiria, where a bulk sample has recently been collected for testing at a nearby gold plant. The Company also maintains an active interest in development at the Kamushanovsky Uranium Project which has recently secured new investment. Further updates on these projects will follow when a commercial interest for Eurasia is secured.

http://www.moneyam.com/action/news/showArticle?id=6145928