LONDON (Alliance News) - Eurasia Mining PLC on Wednesday said it has now been granted a mining licence for the West Kytlim project in Russia, in a statement released after its shares were suspended following a sharp rise in early trade.
Eurasia Mining shares were suspended mid-morning after rising 46% to 1.8299 pence, the best performer in the AIM All-Share.
The company confirmed it has been awarded the West Kytlim mining licence by Russia's Ministry of Natural Resources and said further details of the licence will follow soon, at which time the suspension on its shares will be lifted.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Eurasia Mining (EUA)