Eurasia Mining (EUA)

Sector:

Mining

Index:

FTSE AIM All-Share

 7.20p
   
  • Closing Price Chg:
      0.000p
  • 52 Week High: 7.30
  • 52 Week Low: 0.41
  • Currency: UK Pounds
  • Shares Issued: 2,693.76m
  • Volume: 0
  • Market Cap: £193.95m
  • RiskGrade: 175

Eurasia Mining to get exploration license for West Kytlim Flanks

By Josh White

Date: Monday 17 Dec 2018

LONDON (ShareCast) - (Sharecast News) - Palladium, platinum, iridium, rhodium and gold producing company Eurasia Mining announced on Monday that it has been officially informed that it would be granted an additional 71.1 square kilometre exploration license at its West Kytlim Open Pit Mine, in production in Russia's Ural Mountains.
The AIM-traded firm said the area was applied for under exclusive rights granted for new applications adjacent to existing mining licences.

It said it believed that the new areas had the potential for future reserves of its focus metals.

"The company has been informed by Uralnedra, the agency responsible for subsoil licensing and mine permitting in the area of the company's West Kytlim Mine, that a resolution approving the granting of an additional exploration permit adjacent to and surrounding the current West Kytlim mine permit has now been issued," the board explained in its statement.

"The area adds an additional 71.1 square kilometres of prospective ground to the West Kytlim Project in production since 2018 and contains areas already worked by Eurasia within a previous exploration permit."

Eurasia Mining said the new area, referred to previously as the 'Flanks' or 'West Kytlim Flanks' was submitted for licensing in February and had been fully assessed by Uralnedra and all other relevant parties to the granting of new exploration permits.

It said the Uralnedra resolution confirmed that an exploration license over the new ground would be issued "in due course" as a new exploration license.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Eurasia Mining Market Data

Currency UK Pounds
Share Price 7.20p
Closing Price Change 0.000p
% Change 0.00 %
52 Week High 7.30
52 Week Low 0.41
Volume 0
Shares Issued 2,693.76m
Market Cap £193.95m
RiskGrade 175

Eurasia Mining Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
44.34% below the market average44.34% below the market average44.34% below the market average44.34% below the market average44.34% below the market average
37.39% below the sector average37.39% below the sector average37.39% below the sector average37.39% below the sector average37.39% below the sector average
Value
44.34% below the market average44.34% below the market average44.34% below the market average44.34% below the market average44.34% below the market average
37.39% below the sector average37.39% below the sector average37.39% below the sector average37.39% below the sector average37.39% below the sector average
Income Not Available
Growth
47.88% above the market average47.88% above the market average47.88% above the market average47.88% above the market average47.88% above the market average
55.17% above the sector average55.17% above the sector average55.17% above the sector average55.17% above the sector average55.17% above the sector average

Eurasia Mining Dividends

No dividends found

Trades for --2020

Time Volume / Share Price
0 @ 0.000p

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