It’s the price you are being offered. Agreements were also signed with Anglo Platinum for joint work on the three Kola Peninsula PGM licences. Founded and listed on AIM in 1996, Eurasia commenced working in Russia by negotiating interests in a number of Gold, Gold-Copper and Platinum Group Mineral (PGM) projects though quickly focussed its attention on PGM opportunities. The Monchetundra Project also progressed considerably when our application for a mining license was submitted in December 2017.2016 saw the successful opening of the mine at West Kytlim, with a trial mining operation producing Platinum, Gold, and other PGM; Palladium, Iridium and Rhodium. In June 2014 Eurasia announced acquisition of an additional 50% of Urals Alluvial Platinum, previously held through a joint venture with Anglo Platinum. appeared first on The Motley Fool UK. 1 day chart. Chat About EUA Shares - Stock Quote, Charts, Trade History, Share Chat, Financial Terms Glossary. Eurasia Mining plc (c) Name of the party to the offer with which exempt principal trader is connected: Eurasia Mining plc (d) Date dealing undertaken: 17 December 2020 (e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this … The principal activities of the Company and its subsidiaries are related to the exploration for and development of platinum group metals (the PGM), gold and other minerals in Russia. Our producing platinum and gold mine in the Ural Mountains is an alluvial mine benefitting from lowest quartile cash costs. Shares in Eurasia Mining were suspended on the London Stock Exchange yesterday, with the announcement that the company was seeking clarification from CITIC, presumably on the possible sale of one or both of its mines, although this was not stated.. Eurasia Mining share chat. Eurasia Mining Plc (Eurasia) is a mineral exploration company. It is then the company's intention to either proceed to develop the project to production or partner the project with a suitable operator. From 2009 to 2013 ongoing traverse drilling and sampling continued to expand the resource base at West Kytlim. All rights reserved. Eurasia Mining (EUA) Sector: Mining. The price at which you can buy a share or investment. Why is the Eurasia Mining share price up over 1,000% this … This unique "area" or candle chart enables you to clearly notice the movements of this Eurasia Mining share within the last hours of trading, as well as providing you with key data such as the daily change, high and low prices. Operations are funded from the company's own mine revenues, equity funds and funded joint venture agreements. Dear shareholders, we are grateful for your questions submitted in advance of our AGM. West Kytlim Progress As announced, our 4 PGM and gold mine at West Kytlim has been running well without contractors and … The post Why is the Eurasia Mining share price up over a 1,000% this year? In 2019 the Company purchased the necessary machinery to operate West Kytlim without employing mining contractors. A total of 165kg raw platinum was produced from a single operating trommel and sluice washplant. The most active stock market forums in the UK. How has Eurasia Mining's share price performed over time and what events caused price changes? At first glance, shares in Eurasia seem to have produced tremendous returns for investors this year. Its principal projects are the West Kytlim mine located in the Central Urals; and the Monchetundra project located on the Kola Peninsula in Russia. The Eurasia Mining share price has surged on takeover expectations. Eurasia’s main area of operation is in the Russian Federation. © 2019 Eurasia Mining PLC. Test mining began at West Kytlim and Eastern Siberian gold reconnaissance continued from the companies Chita office.In 2003 Eurasia commenced negotiations to acquire interests in three new hard rock PGM projects on the Kola Peninsula in NE Russia and continued work on the Urals alluvial platinum projects.Between 1999 and 2000 there was continued development and drilling on the Baronskoye hard rock Palladium (Nickel Copper) deposit. Eurasia Mining PLC is an international mining and mineral exploration company, listed on the Alternative Investment Market (AIM), focussed on Russia. An EPC contract is also in place with Chinese group Sinosteel with an associated mine finance package.In 2017 we continued to develop the mine at West Kytlim towards full production. Eurasia Mining PLC said it is putting itself up for sale and has appointed UBS to run the formal sales process.. Eurasia Mining (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure. All rights reserved. Eurasia is focused on the following mining, development and exploration projects: Monchetundra Project - Kola Peninsula; West Kytlim Mine - Ural Mountains; Semenovsky tailings Project - Bashkiria; Eurasia Mining PLC is incorporated in England and Wales and listed on AIM in London. The current resources and reserve base stands at 1.9 million ounces of PGM and gold contained in two open pittable deposits at Loipishnune and West Nittis. Eurasia Mining Plc (Eurasia) is a mineral exploration company. 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