ESG focused PGM producer at world’s largest soft rock open pit mines in Urals. PGM and battery metals open pit projects in Kola- EPCF and Rosgeo JV signed
Happy Chinese NY of the🐅! 2 big CATs arriving to WK. 2 much bigger e-draglines to follow with electricity connected. EUA is focused on ESG and executing our strategy for benefit of all shareholders as previously announced.
#EUA
Some pictures taken this week at West Kytlim showing the winter stripping program which has been advanced over the past months. Look forward to further updates from our West Kytlim
#PGM
and gold mine in the Urals.
@eurasiamining
#RNS
"The Directors are pleased to update shareholders on our reserves and resources, as we continue to make good progress further to the RNS of 28 Oct 2021, in relation to the potential sale, for which a separate update will be provided"
We are making good progress despite current geopolitical context and separate announcement will be provided. Contrary to speculations, Eurasia’s Directors&Officers have not sold any shares and as largest shareholder group are focused on liquidity event along with all shareholders
#EUA
team stay calm and focused on the strategy. Grateful to HCW, leading financial institution for initiating research coverage on EUA despite global geopolitical tensions. 658m shares (23% in EUA) for £78m traded within latest 5 days after release on 22.2.22.
Environmentally sustainable mining of green metals / 4 PGM at West Kytlim, scaling up at full swing with rehabilitation ongoing. Electrification is underway to further contribute to lower carbon mining and our ESG focus. More detail in our Annual Report at
#EUA
#PGM
#batterymetals
. A photo from the Nyud (EUA Rosgeo JV project) site, at which recent drilling completed by Rosgeo, Nornickel plant at Monchegorsk in the background.
#EUA
#ESG
Plant 2 reusing M.Sosnovka site to minimise environmental footprint now processes gravels from B.Sosnovka. Multiple sites operational per our capacity expansion plan. Shift from diesel to electricity is in progress to further reduce cost and improve ESG.
Fundamentals of Eurasia recognised by HCW issuing independent research. Our team stay calm and focused on best interests of all shareholders. Board notes our focus on BRICS (Russia, China & South Africa) & Japan in terms of our M&A strategy. More updates to be provided
Further to our recent RNS (12 May) - some photos from West Kytlim
#PGM
and gold mine, showing spring preparations for mining. These mine site amenities are built entirely from timber milled on site: WK has a
#Sustainability
and
#ESG
focus
We would like to offer our sincere condolences to the Royal family and the UK people and express our heartfelt respect for her Majesty Queen Elizabeth II. Her constant strength and leadership in difficult times always shone through.
More photos from our West Kytlim
#PGM
and
#gold
mine. Washplant 2, being loaded for transport to site at the end of April. We disintegrate river sediments to access
#PGM
nuggets, two key inputs are water and gravity! No adverse long term impact on the environment
#EUA
#RNS
@eurasiamining
announces that the Company has been granted the Tipil exploration license (24.5km2) adjacent and to the west of the current mining permit at West Kytlim.
Dear members, thanks to all who voted. Deadline is Monday morning, but your Nominee’s deadline is sooner. So please vote today, every vote is important. Thanks to
@AICPRESS
for this useful table:
#eua
@eurasiamining
A short video (partial cycle) of our Dragline operating at West Kytlim last week. Overall mine stripping capacity greatly increased by a single electric-powered shovel.
#EUA
#RNS
01-07-2020
𝙎𝙩𝙖𝙩𝙚𝙢𝙚𝙣𝙩 𝙧𝙚 𝙛𝙤𝙧𝙢𝙖𝙡 𝙨𝙖𝙡𝙚 𝙥𝙧𝙤𝙘𝙚𝙨𝙨
▫️
@eurasiamining
announces that further to previously announced strategic review of its business, the Compnay is launching a Formal Sale Process under the UK Takeover Code
#EUA
#RNS
𝘼𝙥𝙥𝙤𝙞𝙣𝙩𝙢𝙚𝙣𝙩 𝙤𝙛 𝙉𝙤𝙢𝙖𝙙, 𝙉𝙚𝙙 & 𝙎𝙪𝙨𝙥𝙚𝙣𝙨𝙞𝙤𝙣 𝙐𝙥𝙙𝙖𝙩𝙚
▫️
@eurasiamining
has appointed SP Angel Corporate Finance LLP as its nominated adviser and joint broker and welcomes a new NED to the board
#EUA
#RNS
- Nyud
#PGM
and
#Batterymetals
'Tangible progress on our JV with Rosgeo that is an integral part of our development strategy and a part of some of our strategic options that we are developing with our advisers: UBS and DLA Piper'
#EUA
#PGM
#batterymetals
. A photo from the Nyud (EUA Rosgeo JV project) site, at which recent drilling completed by Rosgeo, Nornickel plant at Monchegorsk in the background.
Contrary to recent media speculation, we refer to our statements in RNS in late 2019 (17 Dec, 04 Dec and 29 Nov). We look forward to further updating the market in due course.
#EUA
#RNS
𝙍𝙚𝙨𝙩𝙤𝙧𝙖𝙩𝙞𝙤𝙣 𝙤𝙛 𝙏𝙧𝙖𝙙𝙞𝙣𝙜 𝙤𝙣 𝘼𝙄𝙈
▫️
@eurasiamining
is pleased to announce restoration to trading of the Company's ordinary shares on the AIM market and the launch of a formal sale process under the UK Takeover Code
Dear shareholder - please see a Notice of General Meeting ( ) as well as some further detail regarding voting through a Nominee Account at . We aim to encourage member participation in our corporate proceedings.
#EUA
#RNS
@eurasiamining
General update and successful completion of 𝐔𝐒$𝟏𝟎𝐦 equity placing with institutional investors at a price of 𝟐𝟐.𝟓𝐩 per share (closing price on 17 August 2020).
#EUA
@eurasiamining
#RNS
Appointments of Chief Executive Officer and Chief M&A Officer A new corporate presentation has also been uploaded to our website at
Eurasia busy visiting Kevitsa (Ni Cu mine with PGE credits) today -recently acquired by Boliden for EUR650M- Monchetundra has higher PGE grades with Ni and Cu also recovered - interesting trip
#EUA
#RNS
30-04-2020
𝘼𝙣𝙣𝙪𝙖𝙡 𝙧𝙚𝙥𝙤𝙧𝙩 𝙖𝙣𝙙 𝙖𝙘𝙘𝙤𝙪𝙣𝙩𝙨
▫️
@eurasiamining
is pleased to announce its audited financial results for the year ended 31 December 2019
▫️ A further statement regarding the AGM, will follow in due course
#EUA
@eurasiamining
- A designed version of our 2022 Annual Report and Accounts is now available on our website at . Many thanks to all our shareholders and Corporate Representatives who attended this mornings AGM.
Dear Shareholders, thanks to all who have voted on resolutions at our AGM on 28 June. voting closes soon, and each vote counts. Please see our website; and also for information on voting through Nominee platforms.
#EUA
Alexander Sushchev appointed as strategic advisor to the board
▫️Alexander is a former CEO of SMCM that he helped sell to a company affiliated with Rusal) as well as former manager of Norilsk Nickel, the world's largest
#Palladium
producer.
#EUA
#RNS
30-04-2020
𝘾𝙤𝙢𝙥𝙖𝙣𝙮 𝙐𝙥𝙙𝙖𝙩𝙚
▫️
@eurasiamining
confirms that WH Ireland has now ceased to act as Nomad and Joint Broker for the Company with immediate effect
▫️ The Company is in advanced discussions with a new Nominated Adviser
#EUA
#PGM
#Gold
@eurasiamining
𝙈𝙤𝙣𝙘𝙝𝙚𝙩𝙪𝙣𝙙𝙧𝙖
▫️Potential company making asset
▫️Project fully permitted
▫️EPC contract with financing signed with Sinosteel
▫️Unique low cost open pit
#palladium
project with clear path to production
#EUA
#Palladium
@eurasiamining
𝙍𝙞𝙘𝙠 𝙍𝙪𝙡𝙚 𝙤𝙣 𝙋𝙖𝙡𝙡𝙖𝙙𝙞𝙪𝙢
▫️Rick Rule (Sprott): “In terms of the metal palladium, as long as the economy holds together, we think palladium will do well. There’s a legitimate physical shortage of palladium”
#EUA
#RNS
#WestKytlim
𝙒𝙚𝙨𝙩 𝙆𝙮𝙩𝙡𝙞𝙢 𝙐𝙥𝙙𝙖𝙩𝙚
▫️
@eurasiamining
has received approval from Rosnedra for subsoil use in relation to its Tipil license. This is the final approval and the appropriate license is to be issued in due course
#EUA
#Platinum
#Palladium
𝙆𝙚𝙫𝙞𝙩𝙨𝙖 𝙈𝙞𝙣𝙚 𝙑𝙞𝙨𝙞𝙩
▫️The
@eurasiamining
team, last week paid a visit to the Kevitsa Mine (Ni-Cu & PGE credits)
▫️Recently acquired by Boliden for EUR650M
▫️Monchetundra has higher PGE grades with Ni and Cu also recoverable
#EUA
#RNS
𝙈𝙤𝙣𝙘𝙝𝙚𝙩𝙪𝙣𝙙𝙧𝙖 𝙁𝙡𝙖𝙣𝙠𝙨 𝙐𝙥𝙙𝙖𝙩𝙚
▫️
@eurasiamining
confirms that the Flanks application process is progressing as planned and we expect to receive the respective licence in due course. Further updates will be provided
#EUA
#Palladium
#Monchetundra
@eurasiamining
𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐚𝐥𝐥𝐚𝐝𝐢𝐮𝐦 𝐒𝐩𝐚𝐜𝐞
▫️Impala recently announced its acquisition of North American Palladium for US$758m
▫️Eurasia a palladium play not consolidated yet
#EUA
#Platinum
@eurasiamining
𝙋𝙡𝙖𝙩𝙞𝙣𝙪𝙢 - 𝙏𝙝𝙚 𝙁𝙤𝙧𝙜𝙤𝙩𝙩𝙚𝙣 𝙈𝙚𝙩𝙖𝙡
▫️A renewed bull market in precious metals
▫️It’s just a matter of time before platinum begins to play catch up to gold
▫️A return back to parity seems promising
#EUA
#Palladium
𝙋𝙖𝙡𝙡𝙖𝙙𝙞𝙪𝙢 - 𝙏𝙝𝙚 𝙎𝙚𝙘𝙧𝙚𝙩 𝙒𝙚𝙖𝙥𝙤𝙣
▫️Palladium is the critical metal in reducing harmful emissions from gas powered vehicles
▫️To meet stricter emission standards, Palladium is in for a bulk of gross demand
#EUA
#Palladium
#Monchetundra
@eurasiamining
𝙋𝙖𝙡𝙡𝙖𝙙𝙞𝙪𝙢 𝙎𝙤𝙖𝙧𝙞𝙣𝙜
▫️The palladium spot price has broken free and there’s been no looking back just yet
▫️Simply put, supply hasn’t responded to growing demand and usage is increasing
#EUA
#Platinum
#Gold
@eurasiamining
𝙒𝙚𝙨𝙩 𝙆𝙮𝙩𝙡𝙞𝙢
▫️Operating Platinum & Gold mine
▫️One of the largest alluvial PGM reserves in the world
▫️Low cost operating mine with production permit to 2040
▫️Production season ongoing
#EUA
#Palladium
#Monchetundra
@eurasiamining
𝙁𝙪𝙩𝙪𝙧𝙚 𝙇𝙤𝙤𝙠𝙨 𝘽𝙧𝙞𝙜𝙝𝙩 𝙁𝙤𝙧 𝙋𝙖𝙡𝙡𝙖𝙙𝙞𝙪𝙢
▫️Chinese emissions legislation fueling Palladium demand
▫️An extra 1m ounces a year from 2020 required in China alone
#EUA
#Monchetundra
#Palladium
@eurasiamining
𝙈𝙤𝙣𝙘𝙝𝙚𝙩𝙪𝙣𝙙𝙧𝙖 - 𝙏𝙝𝙚 𝙇𝙖𝙨𝙩 𝙣𝙤𝙣 𝘾𝙤𝙣𝙨𝙤𝙡𝙞𝙙𝙖𝙩𝙚𝙙 𝙋𝙖𝙡𝙡𝙖𝙙𝙞𝙪𝙢 𝙋𝙡𝙖𝙮
▫️Recent consolidation in the market with Impala acquiring North American Palladium for C$1B (US $758M)
#EUA
#Platinum
@eurasiamining
𝙋𝙡𝙖𝙩𝙞𝙣𝙪𝙢 - 𝘾𝙤𝙢𝙞𝙣𝙜 𝘽𝙤𝙤𝙢
▫️There's another reason why a platinum boom is almost certain
▫️If you want a cleaner car, truck, or boat, you need platinum
▫️Industrial uses make platinum a no brainer
#EUA
#WestKytlim
#Monchetundra
𝘾𝙄𝙏𝙄𝘾 & 𝙑𝙏𝘽 𝘾𝙖𝙥𝙞𝙩𝙖𝙡
@eurasiamining
reminds shareholders that CITIC Bank & VTB Capital are assisting the Company with strategic options for its current mining assets (the Company's Kola and Urals assets)
#EUA
#Palladium
#Monchetundra
@eurasiamining
𝙋𝙧𝙚𝙘𝙞𝙤𝙪𝙨 𝙋𝙖𝙡𝙡𝙖𝙙𝙞𝙪𝙢
▫️Palladium is now the most valuable of the 4 major precious metals, with an acute shortage driving prices to a record high
▫️A key component in pollution-control devices
#EUA
#Palladium
𝙋𝙖𝙡𝙡𝙖𝙙𝙞𝙪𝙢 - 𝙉𝙤𝙬 𝙋𝙧𝙞𝙘𝙞𝙚𝙧 𝙏𝙝𝙖𝙣 𝙂𝙤𝙡𝙙
▫️Gold may be the best known but it's now in the rearview mirror of a lesser-known metal: palladium
▫️Now at $1,800 oz, a threshold it recently cracked for the first time
#EUA
#WestKytlim
#Monchetundra
𝙀𝙭𝙚𝙧𝙘𝙞𝙨𝙚 𝙤𝙛 𝙒𝙖𝙧𝙧𝙖𝙣𝙩𝙨 & 𝙏𝙧𝙖𝙙𝙞𝙣𝙜 𝙐𝙥𝙙𝙖𝙩𝙚
@eurasiamining
released a Trading Update on Friday
"We, the Directors, therefore believe the Company is in a strong financial position going forward"
#EUA
#Platinum
#Gold
#WestKytlim
𝙒𝙚𝙨𝙩 𝙆𝙮𝙩𝙡𝙞𝙢 𝙎𝙞𝙩𝙚 𝙋𝙧𝙤𝙙𝙪𝙘𝙩𝙞𝙤𝙣 𝙑𝙞𝙙𝙚𝙤
◽️ Video of ore extraction during late August.
◽️ Approx 10m3 per ore truck
◽️ West Kytlim is expected to be one of the world's largest alluvial
#Platinum
mines globally in 2019
#EUA
#Monchetundra
𝙋𝙖𝙡𝙡𝙖𝙙𝙞𝙪𝙢 - 𝙉𝙤 𝙀𝙣𝙙 𝙏𝙤 𝙂𝙤𝙤𝙙 𝙁𝙤𝙧𝙩𝙪𝙣𝙚
▫️Not enough supply & rising demand are bound to keep palladium rallying next year
▫️With prices touching above the $1,800 an ounce level for the first time ever this week
#EUA
#RNS
#Monchetundra
𝙈𝙤𝙣𝙘𝙝𝙚𝙩𝙪𝙣𝙙𝙧𝙖 𝙐𝙥𝙙𝙖𝙩𝙚
▫️
@eurasiamining
is pleased to clarify via RNS information regarding the PGM resources contained in the Monchetundra flanks area and other immediate areas adjacent to its production license.
#EUA
#Platinum
𝙋𝙡𝙖𝙩𝙞𝙣𝙪𝙢 - 𝙁𝙪𝙚𝙡 𝘾𝙚𝙡𝙡 𝙀𝙑 𝘿𝙚𝙢𝙖𝙣𝙙
▫️In China alone, it is estimated that there will be at least 50,000 FCEV on the road by 2025
▫️Growth in the FCEV market is expected to have a positive impact on platinum demand
#EUA
#Platinum
#WestKytlim
𝙋𝙡𝙖𝙩𝙞𝙣𝙪𝙢 𝙃𝙞𝙜𝙝𝙨
▫️The action in platinum suggests a higher high for 2019
▫️Platinum is a rare precious metal. Each year, there is more than ten times gold output compared to platinum production
#EUA
#RNS
𝙒𝙖𝙧𝙧𝙖𝙣𝙩 𝘼𝙘𝙘𝙚𝙡𝙚𝙧𝙖𝙩𝙤𝙧 𝘾𝙡𝙖𝙪𝙨𝙚
▫️
@eurasiamining
advises that the accelerator clause governing warrants associated with the May 2018 placing undertaken with clients of the Company's broker has now been triggered
#EUA
#Monchetundra
$1800 𝙋𝙖𝙡𝙡𝙖𝙙𝙞𝙪𝙢
▫️Palladium price climbs over US$1,800, driven by auto demand
▫️As demand increases from the automotive sector, supply shortfalls are beginning to emerge, giving the price a boost on the market
#EUA
@brr_mediauk
@eurasiamining
𝘽𝙍𝙍 𝙈𝙚𝙙𝙞𝙖 𝙄𝙣𝙩𝙚𝙧𝙫𝙞𝙚𝙬
◽️ Dmitry Suschov speaks to BRR Media, providing an update on progress and potential of Eurasia Mining in the PGM metals market based its low cost of production & funded growth plans
#EUA
RNS Engagement with major banks CITIC (China) and VTB Capital (Russia) - their interest due to recent major
#palladium
consolidations(Stillwater US$2Bn, NAP CAD$1Bn). Eurasia's- 2Moz
#Monchetundra
Project is 'The last non consolidated palladium play'
#EUA
#RNS
Appointment of Non-Executive Director
▫️
@eurasiamining
is pleased to announce the appointment of Anthony James Nieuwenhuys as an NED of the Company with immediate effect. James is currently CEO at South African Lesego Platinum Mining Limited
Broker Note
#EUA
@eurasiamining
released by
@optivalondon
October 2018
▫️Significant improvement in
#Palladium
price to $1750 since target price was set & our total resource with the account of areas within the flanks contours is now about 15M oz of PGM
#EUA
#Palladium
𝙋𝙖𝙡𝙡𝙖𝙙𝙞𝙪𝙢 - 𝙏𝙝𝙚 𝙈𝙤𝙨𝙩 𝙑𝙖𝙡𝙪𝙖𝙗𝙡𝙚
▫️Palladium is now the most valuable of the four major precious metals, with an acute shortage driving prices upwards
▫️Usage is increasing as governments crackdown on pollution
West Kytlim Mine - Photo Update 2019
Work has begun, site clearance & tree removal in prep for the 2019 production season.
#Platinum
#Gold
West Kytlim is the 2nd largest alluvial PGM reserve in the world with concentrate production possible from April (weather permitting)
#EUA
#EUA
#WestKytlim
#Monchetundra
𝙀𝙭𝙚𝙧𝙘𝙞𝙨𝙚 𝙤𝙛 𝙒𝙖𝙧𝙧𝙖𝙣𝙩𝙨 & 𝘾𝙀𝙊 𝘾𝙤𝙢𝙢𝙚𝙣𝙩𝙨
@eurasiamining
recently released a Trading Update
"We, the Directors, therefore believe the Company is in a strong financial position going forward"
#EUA
@eurasiamining
#RNS
Final Approval Received for Monchetundra Mine
#EUA
is delighted to announce that the office of the Prime Minister of the Russian Federation has approved the issue of a mining permit at the Monchetundra PGM/base metals project
#EUA
#WestKytlim
#Monchetundra
𝙀𝙭𝙚𝙧𝙘𝙞𝙨𝙚 𝙤𝙛 𝙒𝙖𝙧𝙧𝙖𝙣𝙩𝙨
"With the warrants already exercised by today and the cash coming from the refinery in instalments on schedule, the Directors are continuing to keep their Dividend policy under review"
#EUA
#Platinum
#Palladium
@eurasiamining
𝐄𝐮𝐫𝐚𝐬𝐢𝐚 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐞𝐝𝐢𝐚
▫️Mining Capital's Alastair Ford discusses the decision last week by Eurasia Mining PLC (LON:EUA) to consider the 'strategic options' for its Kola and Urals mining assets
#EUA
#Platinum
#WestKytlim
#Mining
#Media
𝙒𝙚𝙨𝙩 𝙆𝙮𝙩𝙡𝙞𝙢 𝙎𝙞𝙩𝙚 𝙑𝙞𝙙𝙚𝙤
◽️ Recent site video from West Kytlim, showing the plant in full operation
◽️ West Kytlim is expected to be the world's largest alluvial platinum mine globally in 2019
#RNS
- Monchetundra Mine Permit Registration
#EUA
is pleased to announce that the official license certificate regarding the mine permit for
#Monchetundra
has now been delivered to the company & on Mon 10th Dec 2018, registered with the state registry of subsoil mining licences
#EUA
#Production
#Platinum
#Gold
- 𝐒𝐢𝐭𝐞 𝐏𝐡𝐨𝐭𝐨𝐬 #𝐖𝐞𝐬𝐭𝐊𝐲𝐭𝐥𝐢𝐦
◽️ View over the tailings pond to the wash plant at
#Kluchiki
◽️ New automated belt driven feeder system is on upper left
◽️ Additional jig & concentration table to bottom right
Video upcoming.
#RNS
Highlights:
• Mine permit now fully approved and authorised
• Engineering Procurement Construction & Financing contract in place
• $50M sub-contract is assigned for engineering and pit development works in advance of mining
Full details below:
#EUA
#RNS
𝙀𝙣𝙜𝙖𝙜𝙚𝙢𝙚𝙣𝙩 𝙬𝙞𝙩𝙝 𝘾𝙄𝙏𝙄𝘾 𝙖𝙣𝙙 𝙑𝙏𝘽 𝘾𝙖𝙥𝙞𝙩𝙖𝙡
@eurasiamining
engaging with Chinese & Russian Investment banks to assess strategic options (including disposal) for its current mining assets, the Kola & Urals assets
#EUA
Chairman's statement
• Last year was a key year for the Company's development: We recorded a maiden gross profit & obtained a mining licence on its flagship
#Monchetundra
Project
• At the time of writing production is ramping up for the year to full scale at
#WestKytlim
#EUA
#Palladium
#Monchetundra
@eurasiamining
𝙋𝙖𝙡𝙡𝙖𝙙𝙞𝙪𝙢 𝙍𝙖𝙡𝙡𝙮
▫️Palladium's year-long rally has continued in October, soaring ~5% this month to bring its 2019 surge to 45% and closing last week at an all-time high of $1,735/oz
Predicted supply squeeze sends
#palladium
soaring to record
Report says precious metal will outstrip mine supply this year
Our West Kytlim mine is the 2nd largest alluvial PGM reserve in the world with concentrate production possible from this April
#EUA