Eurasia Mining Share News (EUA)

Sabien Technology has reported a 44% increase in yearly revenue to £0.97m from £0.68m previously. For the year ended 30 June, pre-tax loss more than halved to £0.34m from £0.83m.The group, engaged in the manufacture and sale of energy-saving devices for boilers and air conditioning, is expected to benefit from the coalition's 'greenest government' claims. For the year, around 40% of Sabien's revenue came from the public sector and the company expects this to grow in the future as its products become more attractive. Shares in Worthington fell 14% Friday after the group recorded a pre-tax loss of £162,000 for the six months ended 30 September, more than double the loss of £72,000 reported last year. The property development company saw revenue decline to £69,000 from £91,000 previously.VANE Minerals has reported a 27% increase in uranium resource at its Wate breccia pipe project in Arizona, held jointly with partner Uranium One Exploration. "The resource increase is based on positive recent drilling by VANE and some newly obtained historic drilling data", the group said.Shares in Eurasia Mining rose 16% Friday after the group announced its exploration licence at West Kytlim in Russia has been extended for a further two years to December 2012.The precious metals miner has a 50% holding in Urals Alluvial Platinum, which in turn owns 75% of a company that holds the licence. Eurasia is the manager and operator of the exploration work. Platinum production is expected to commence next Summer after the granting of a production licence.The business supplies group Office2office said trading during July-October was in line with expectations. The period saw the group secure large contracts in excess of £4m per annum in business critical services, and a four year contract to supply the Knowsley Consortium worth up to £2m for the year.However, while sales in the private sector "have been resilient", public sector volume is likely to be affected by the government spending review. "While the market outlook remains uncertain, the group is better positioned to deal with this than it ever has been", said chief executive Simon Moate.