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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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Eurasia Mining PLC
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PRODUCER |
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CODE : EUA.L |
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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 BEDROCK and URALS PLATINUM PROJECT in Russia. Eurasia M is listed in United Kingdom. Its market capitalisation is GBX 2.8 billions as of today (US$ 3.2 billions, € 3.0 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. |