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Share Price Information for Eurasia Mining (EUA)

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Share Price: 2.80
Bid: 2.70
Ask: 2.90
Change: 0.20 (7.69%)
Spread: 0.20 (7.407%)
Open: 2.60
High: 3.35
Low: 2.60
Prev. Close: 2.60
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Eurasia Mining losses grow

Fri, 09th Sep 2011 09:19

Platinum minerEurasia Mining reported increased losses for the half year to 30 June. Pre-tax losses increased from over the same period the previous year from £187m to £389m. Chairman Michael Martineau said: "Over the last six months, progress has been made at Eurasia's West Kytlim alluvial platinum project and, as announced earlier today, since the end of the period under review the authorities have approved two further areas of additional reserves. "The company still awaits approval for its existing application for a production licence at West Kytlim, but as a result of this delay, it may be possible to combine the two new areas into the existing application dependent on the relevant authorities involved in the approval process."Apart from exploration drilling at West Kytlim, work advanced on the Kamushanovskoye uranium project in Kyrgyzstan, where, as announced on 14 March 2011, Eurasia has agreed to co-fund a Bankable Feasibility Study. Eurasia established a new subsidiary company, Energy Resources Asia, to separately finance this project. Work is proceeding on schedule with approximately $602,000 invested to date, and further financing planned."The company is continuing to evaluate new opportunities, both in Russia and the former Soviet Union. Loss per share decreased from -0.08p to -0.06p. NR
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20 Nov 2018 18:15

Eurasia Mining Shares Rise On Mining Permit Approval From Russia

LONDON (Alliance News) - Eurasia Mining shares spiked Tuesday afternoon after the office of the Prime Minister of the Russian Federation approved the issue of a mining permit for the firm's in

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25 Oct 2018 13:53

Eurasia Mining West Kytlim Platinum Drilling Exceeds Expectations

LONDON (Alliance News) - Eurasia Mining PLC said Thursday drilling at its West Kytlim mine in the Urals mountains in central Russia has been completed with total produced raw platinum "well a

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28 Sep 2018 14:53

Eurasia Mining Loss Narrows In First Half On Lower Operating Expenses

LONDON (Alliance News) - Eurasia Mining PLC on Friday said said its pretax loss narrowed in the first half of 2018 as it managed to reduce its operating costs.The platinum and gold producer

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24 Sep 2018 10:04

Eurasia Mining Progresses West Kytlim Production, Starts On Kluchiki

LONDON (Alliance News) - Platinum and gold miner Eurasia Mining PLC said on Monday the West Kytlim mine in the Ural Mountains, Russia has continued to exceed management expectations in terms of of

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14 Aug 2018 17:31

Eurasia Mining Secures GBP371,000 Following Lender Warrants Exercise (ALLISS)

LONDON (Alliance News) - Eurasia Mining PLC said Tuesday it has received notice of exercise of warrants for 109.2 million shares in the company by convertible loan note holder YA II PN in Eurasia

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24 Jul 2018 16:04

Eurasia Mining Reports Positive Production Season, Awaits Mine Permit

LONDON (Alliance News) - Eurasia Mining PLC on Tuesday said it saw a positive production results from its West Kytlim mine while awaiting for the Monchetundra mine permit in Russia.Prior to

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3 Jul 2018 09:33

Eurasia Mining Gets Monchetundra Mine Permit Approved

LONDON (Alliance News) - Gold producer Eurasia Mining PLC said Tuesday that the Russian Ministry of Economic Development has approved the Monchetundra mine permit application.The mine for 2

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13 Jun 2018 11:32

Eurasia Mining Makes Progress On Monchetundra Mine Permit Application

LONDON (Alliance News) - Platinum and gold miner Eurasia Mining PLC said Wednesday that its mine permit approval for Monchetundrea in Russia has been approved by the Federal Securities Board and 2

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23 May 2018 16:03

Eurasia Says West Kytlim Producing 1.8 Kilograms Of Raw Platinum Daily

LONDON (Alliance News) - Eurasia Mining PLC said Wednesday that the fully operational West Kytlim mine located in Russia has been producing up to 1.8 kilograms of raw platinum on a daily West raw

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10 May 2018 12:51

Eurasia Mining Pleased With Early Production, Raises GBP500,000 (ALLISS)

LONDON (Alliance News) - Eurasia Mining PLC on Thursday said operations at its West Kytlim mine are now back up and running following the winter while also raising funds to reduce a debt were 12%

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9 Mar 2018 10:03

Eurasia Mining Begins Site Work For New West Kylim 2018 Field Season

LONDON (Alliance News) - Platinum group metals and gold producer Eurasia Mining PLC said on Friday it has started site works for the 2018 field season on its West Kylim in the

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17 Jan 2017 15:21

Eurasia Mining Says Potential Royalty Agreement Will Not Go Ahead

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22 Dec 2016 16:43

Eurasia Mining makes good progress in Ural Mountains

(ShareCast News) - Eurasia Mining provided an update on its West Kytlim and Monchetundra projects on Thursday, having commenced mining operations at its 75% owned West Kytlim Alluvial Platinum Mine in the Ural Mountains in the autumn. The AIM-traded firm said at that project, shipments of raw platin

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22 Dec 2016 12:21

Eurasia Mining Says West Kytlim Project Performing Well

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21 Nov 2016 10:47

Eurasia Mining to de-risk platinum project

(ShareCast News) - AIM-listed explorer Eurasia Mining has granted permission to Lemuria Royalties of Canada to conduct due diligence on its platinum mine in Russia in order to reduce risk on development of the project. Its subsidiary, Terskaya Gornaya Kompaniya granted exclusivity to Lemuria to cond

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