Eurasia Mining PLC

Published : November 27th, 2014

Mining Licence Update

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Keywords :   Ireland | London | Russia |

Mining Licence Update



Eurasia Mining plc

("Eurasia" or the "Company")

Eurasia Mining plc, the precious metal exploration and development company working in Russia, is pleased to provide an update on its mining licence application at West Kytlim in the Urals.

Verbal confirmation has been received from the Russian state authorities that the Anti-Monopoly Board ("FAS") has approved the Company's mining licence application. The next step is the consideration of the application by the Ministry of Defence and Federal Security Service.

Once the assessments by these two remaining organizations are complete, Rosnedra will draft the terms of the mining licence for final review by the Ministry of Economic Development and a government commission, chaired by the Prime Minister.

Contacts:

For more information please contact:

Eurasia Mining:

Christian Schaffalitzky / Michael de Villiers

Tel: +44 (0) 207 932 0418

Katy Mitchell, WH Ireland Limited

Tel: +44 (0) 161 832 2174


This information is provided by RNS
The company news service from the London Stock Exchange
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Data and Statistics for these countries : Ireland | Russia | All
Gold and Silver Prices for these countries : Ireland | Russia | All

Eurasia Mining PLC

PRODUCER
CODE : EUA.L
ISIN : GB0003230421
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Eurasia M is a nickel and palladium producing company based in United kingdom.

Eurasia M produces nickel, palladium, cobalt, copper, gold, ilmenite, platinum, rhodium, titanium and vanadium in Russia.

Its main assets in production are KOLA PENINSULA and KOLA PENINSULA in Russia and its main exploration properties are URALS PLATINUM PROJECT and URALS BEDROCK in Russia.

Eurasia M is listed in United Kingdom. Its market capitalisation is GBX 7.9 billions as of today (US$ 9.4 billions, € 8.3 billions).

Its stock quote reached its highest recent level on May 15, 1998 at GBX 95.00, and its lowest recent point on November 24, 2017 at GBX 0.00.

Eurasia M has 1 858 369 208 shares outstanding.

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Corporate news of Eurasia Mining PLC
8/1/2016Loan Agreement and Issue of Equity
7/28/2016Platinum refining and sales agreements
7/27/2016West Kytlim Mining operation update - July 2016
7/14/2016Audited results for the year ended 31 December 2015
7/13/2016Annual Results
7/4/2016Semenovsky Tailings Project & receipt of assays
6/30/2016Result of AGM
6/21/2016Mining start-up at West Kytlim
6/7/2016Annual Results for the 12 months ended 31 Dec 2015
5/31/2016Issue of Equity and Repayment of Debt
5/25/2016Contract Mining at West Kytlim
5/12/2016Issue of Equity
4/14/2015Business Milestone & Strategic Plan Update
11/27/2014Mining Licence Update
10/22/2014Award of Discovery Certificate
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LSE (EUA.L)
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