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Eurasia Mining PLC (AIM:EUA) is an international mineral exploration company, focussed on Russia, exploring for platinum group metals (PGMs) and gold through self-funded exploration targets and joint venture partnerships with strategic operators and local partners. Projects are subject to an initial evaluation for viability and once this is established further exploration work is carried out to feasibility study level. It is then the company's intention to either proceed to develop the project to production or partner the project with a suitable operator.

Eurasia is currently evaluating several gold targets in Eastern Russia including the Monchetundra Project in the Kola Peninsula, the West Kytlim Mine in the Ural Mountains and the Semenovsky tailings Project in Bashkiria.

The open-pit West Kytlim Mine is the second largest alluvial PGM reserve in the world and produced 165kg of platinum in 2018.

Meanwhile, The company has been developing its larger Monchetundra asset towards production which is estimated to hold 2 million ounces of palladium & platinum equivalent. An engineering, procurement, construction (EPC) and financing agreement is in place with Chinese group Sinosteel for the development of the mine.

Eurasia Mining (LSE:EUA) was sitting at 0.45p in midday trading on Tuesday after providing an update on developments at its Monchetundra project in Russia over the first half of the year. The company ...

Eurasia Mining (LSE:EUA) sat at 0.48p on Monday morning after revealing a significant step forward in its efforts to turn its flagship West Kytlim mining licence into the largest alluvial platinum ope...

Shares in Eurasia Mining (LSE:EUA) inched up 2.6pc to 0.5p on Monday morning after the firm revealed critical regulatory progress at its flagship West Kytlim alluvial platinum project in the Urals reg...

Monday saw Eurasia Mining (LSE:EUA) reveal that full scale washing and production has commenced at its West Kytlim Mine in the Urals Mountains of Russia. Processing at West Kytlim is seasonal as the a...

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...