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Eurasia Mining focuses on platinum group metals (PGM) and gold exploration. It aims to achieve this both through self-funded exploration targets and joint venture partnerships with strategic operators and local partners.

After an initial evaluation for viability, Eurasia will carry out further exploration on a project to carry it to feasibility study level. It will then develop the site to production or partner with a suitable operator.

Eurasia is currently focusing on several advanced exploration projects in Russia. This includes an 80pc position in the Monchetundra project, which is located 130km south of Murmansk on the Kola Peninsula. It contains state-approved reserves and resources of c.2Moz palladium equivalent with significant copper and nickel credits. A mining licence for the project was passed in November 2018 and production is planned from 2020.

Eurasia also holds a 68pc interest in West Kytlim, the world’s second largest alluvial platinum mine. The seasonal mine contains 2,283kg of raw platinum reserves with an additional 10ts of the metal sitting in resources potential.

Finally, the company owns a stake in Semenovsky, a gold and silver tailings opportunity with approved feasibility.

On Wednesday, Eurasia Mining (LSe:EUA) released its annual report and accounts revealing revenues jumped to £2.57m in its first year of production from the West Kytlim mine. The majority of sales cam...

Eurasia Mining (LSE:EUA) jumped 6.3pc to 0.6p on Tuesday after revealing that it has signed an engineering, procurement, and construction (EPC) contract with a major Chinese firm for its Monchetundra ...

In its most recent update regarding its West Kytlim mine, Eurasia Mining (LSE:EUA) announced preparation work is underway ahead of first production. This is likely to commence in April once the season...

Eurasia Mining (LSE:EUA) released an update regarding its West Kytlim mine on Monday morning. The company reports preparation work is expected to commence imminently ahead of first production around A...

This morning, Eurasia Mining (LSE:EUA) announces it has been officially informed an exploration license for an additional 71.1km2 at its West Kytlim Open Pit Mine will be granted. West Kytlim is Eura...

Article updated 11th Dec 2018: Following the release of further details on its approved Monchetundra Mine permit on Wednesday 5th December, Eurasia Mining (LSE:EUA) announced on Tuesday that it has...

Last week saw Russia-focused Eurasia Mining (LSE:EUA) reveal that it has majorly surpassed production expectations and submitted an increased reserves estimate at its West Kytlim platinum project. Wit...

Last week, Eurasia Mining (LON:EUA) announced the commencement of a 4000m drilling campaign at its Monchetundra PGM licence area which is intended to add reserves and resources to the project for inco...

Eurasia Mining (LON:EUA) issued a Shareholder Update on 30th January giving an overview of Company's assets and details of the strategic and operational plans expected to deliver value for shareholder...

Eurasia Mining (LON:EUA) released news on Friday 20th June that it has entered into an agreement for its wholly owned subsidiary Eurasia Investments Limited ("EIL") to acquire , the remaining 50 perce...