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    Totgesagte leben länger: Eurasia Mining, nun doch Produktionsstart 2013?! (Seite 29)

    eröffnet am 26.02.13 10:45:25 von
    neuester Beitrag 16.05.22 10:32:23 von
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    ISIN: GB0003230421 · WKN: 928489 · Symbol: EUA
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     Ja Nein
      Avatar
      schrieb am 09.05.17 15:49:19
      Beitrag Nr. 245 ()
      Company Update

      Eurasia is pleased to update shareholders on the three projects currently being worked by the Company.

      Highlights

      · Today is Victory Day in Russia - The contractor at West Kytlim has commenced production for 2017

      · Following the statutory approval of the Feasibility Study and the Reserves Report at Monchetundra, the Company is preparing documentation for the Discovery Certificate application

      · Company increases its interest option in the Semenovsky Tailings Project to 67%


      West Kytlim

      Detailed site preparation work has continued since our latest update on 24 March 2017. The main washplant has been delivered to site and assembly work nears completion. The small washplant is also ready for operation. The main ore zones in Malaya Sosnovka are prepared for mining. Snow melt is well advanced, resulting in the filling of the reservoir ponds to provide water for the washplants.

      The contractor has selected 9 May as the official start date for production, being the anniversary of the end of World War 2, celebrated in Russia as Victory Day. Further updates will follow as production gets underway.

      Monchetundra

      As announced on 3 April, the Reserves Report and the Feasibility Study for the Monchetundra Project were approved by the State Commission on Mineral Reserves ("GKZ"). The next step is for the Company to file an application for a Discovery Certificate and the documentation is being prepared.


      Semenovsky Tailings Project (STP)

      Work continues on financing plans for STP, using project finance or else a (risk-free for Eurasia) revenue-sharing structure similar to that in place at West Kytlim. In parallel, Metal Tiger plc, in line with its new strategic objectives, will not continue with this project which was financed 50:50 in joint venture with Eurasia. As a result Eurasia now has the right to acquire 67% of the project under the exclusivity agreement with the owner, recently extended to 31 May 2017. The joint venture commenced in November 2015 (See RNS dated 16th November 2015) and significantly advanced the project through to state approval of maiden reserves of 3.9 tonnes of gold and 49.3 tonnes of silver (see RNS dated 31st August 2016). The joint venture also funded a metallurgical sampling program which tested the direct cyanide recovery of gold and silver from the tailings sediments.

      Commenting on progress, Managing Director Christian Schaffalitzky said: "We are pleased to resume production at West Kytlim and look forward to a productive year. We are excited by the prospects for Monchetundra and shortly will file the application for the Discovery. As for STP, now that Metal Tiger will no longer be with us, we are in a better position to negotiate project finance with a third party, as we revert to a potential 67% interest".
      Avatar
      schrieb am 18.01.17 18:30:18
      Beitrag Nr. 243 ()
      Eurasia Mining

      17 Jan 2017 15:03:37

      Eurasia Mining PLC

      RNS Number : 3912U
      Eurasia Mining PLC
      17 January 2017




      Eurasia Mining plc (AIM: EUA)

      ("Eurasia" or the "Company")

      Projects Update January 2017



      The Company is pleased to update shareholders on progress at its projects in early January 2017.



      Monchetundra PGM Project, Kola Peninsula, NW Russia



      As reported on 22 December 2016, a Feasibility Study "TEO" (Technico Economicheskiye Obosnovaniye or Technical and Economic Feasibility) was officially submitted on schedule, for approval at the State Commission on Mineral Reserves ("GKZ"). The document is now under review by a panel of experts who have responded with requests for clarifications and additional information, as per the standard process.



      On 21 November 2016, it was announced that Canadian company Lemuria Royalties Corporation ('Lemuria') were engaged in considering a royalty structure for both the Monchetundra PGM mine and West Kytlim Platinum and Gold Mine ('West Kytlim'). Lemuria, preferring a focus on cash generating projects in their current portfolio, expressed an interest in West Kytlim only, however Eurasia have opted not to progress with Lemuria and to ensure the development of West Kytlim by continuing to advance the project with its existing partner.





      West Kytlim Platinum and Gold Mine, Ural Mountains



      A revision to the agreement (see RNS dated 25 May 2016) between Eurasia's Russian subsidiary Kosvinsky Kamen ('KK') and OOO SK Region Stroy ('SKRS') is currently being discussed to outline additional responsibilities for both parties and it is anticipated this could include further capital investment by SKRS. A meeting between KK and SKRS is expected to occur in the last week of January 2017 (in advance of the mining season), at which an international alluvial mining specialist has been engaged to bring additional expertise to the project teams. Items for discussion include production scheduling for 2017 and a detailed schedule for resource upgrade drilling. A further report will be released following these meetings.





      MD Christian Schaffalitzky commented: "It is encouraging to have had an initial response from GKZ who are now actively working on approval of the Monchetundra TEO/Feasibility Study. Our experience in successfully attaining a Mining License at West Kytlim has proven that good communication and information exchange between the applicant and issuer is a good indication of a successful and timely application.



      Our working relationship with SKRS at West Kytlim throughout 2016 was both amicable and mutually beneficial. It is however imperative from a KK point of view to ensure SKRS deploys the necessary capital to allow the project to expand, in this the second year of production. Whilst there can be no guarantee that this will occur, we remain confident that there is interest on both sides to reaching an agreement on this matter.



      We wish a happy New Year to our shareholders and we look forward to updating on further progress in the near term."



      Enquiries:

      Eurasia Mining Plc

      Christian Schaffalitzky/Michael de Villiers

      +44 (0)207 932 0418
      Avatar
      schrieb am 21.11.16 14:01:49
      Beitrag Nr. 242 ()
      Eurasia Mining

      21 Nov 2016 10:08:49

      Eurasia Mining PLC

      RNS Number : 7052P
      Eurasia Mining PLC
      21 November 2016


      Eurasia Mining plc (AIM: EUA)

      ("Eurasia" or the "Company")

      Potential Agreement

      The Company is pleased to announce that its 80% subsidiary company, Terskaya Gornaya Kompaniya ('TGK'), has granted exclusivity to Lemuria Royalties Inc. ('Lemuria') of Canada to conduct a due diligence on its Monchetundra PGM project until January 15, 2017. The purpose of the due diligence is to consider the potential financing of some of the project by Lemuria using a royalty structure.

      As announced on 3 November 2016, Eurasia entered into talks with an international engineering company to manage the mining operation at the Monchetundra project, and to work for the company as the owner's representative throughout the design and build phase of the Sinosteel EPC agreement and thereafter during the operation of the mine. The directors believe a financing structure with Lemuria would put Eurasia in a safer position and would be a natural hedge for the project risks, although at this stage there can be no guarantee that any transaction will proceed.

      The EPC contract was more specifically described in the announcement of 10 October 2016. This contract is on a turn-key basis, with financing and delivery of first production guaranteed. While a loan of 85% of the estimated project cost is covered by a Sinosteel loan facility that will sit on Sinosteel's balance sheet until the project is up and running, a balance of US$26 million is required for completion of the project.

      Due diligence work is commencing immediately and both Eurasia and TGK staff will assist Lemuria in their assessment of the project. Further updates will be provided in due course.

      Christian Schaffalitzky, Managing Director commented: "We are excited by this opportunity to further reduce the risk on the development of the Monchetundra project. The royalty structure works by providing capital upfront to advance the development and is repaid from the mine revenue streams. This is another option being considered in seeking the best way forward for Eurasia."

      Enquiries:

      Eurasia Mining Plc

      Christian Schaffalitzky/Michael de Villiers

      +44 (0)207 932 0418

      WH Ireland Limited

      Katy Mitchell/Nick Prowting

      +44 (0)161 832 2174

      Beaufort Securities

      Elliot Hance

      +44 (0)207 382 8300


      This information is provided by RNS
      The company news service from the London Stock Exchange

      END
      Avatar
      schrieb am 10.11.16 09:40:46
      Beitrag Nr. 241 ()

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      schrieb am 03.11.16 09:43:30
      Beitrag Nr. 240 ()
      Update

      Eurasia Mining

      03 Nov 2016 07:00:07

      Eurasia Mining PLC

      RNS Number : 1768O
      Eurasia Mining PLC
      03 November 2016




      Eurasia Mining plc (AIM: EUA)

      ("Eurasia" or the "Company")

      Projects Update

      The Company is pleased to update shareholders on progress on its three projects in Russia. Eurasia's West Kytlim platinum and gold project is now in production, first shipments of concentrate began in early September (see RNS dated 9 September 2016). The Monchetundra Project is in late stage development and has been bolstered by an Engineering, Procurement, Construction and Commissioning ("EPC") contract with Sinosteel Equipment and Engineering Co Ltd, while the Semenovsky Gold in Tailings Project remains under review as metallurgical test work for cyanide gold recovery nears completion.





      Monchetundra, Kola Peninsula, NW Russia



      As announced on Monday 10 October 2016, Eurasia has signed an EPC contract between Sinosteel (one of the largest Chinese stated-owned engineering groups), and Terskaya Gornaya Kompaniya ('TGK'), Eurasia's 80% subsidiary which holds the Monchetundra PGM licence near Monchegorsk, an industrialized area of the Kola Peninsula close to the border with Finland.



      - Under the terms of the EPC contract, Sinosteel has undertaken to build a processing facility capable of treating 1.7 million tonnes per annum from two open pits within the Monchetundra licence and capable of extracting 130,000 oz of platinum equivalent per annum. The contract value totals US$176,000,000 with a US$50,000,000 subcontract assigned to TGK in respect of preparatory and pre-strip works.



      - Sinosteel is to be responsible for debt finance covering 85% of the contract value with debt obligations assigned to TGK when the facility achieves production of 130,000 oz PGM equivalent per annum. The loan is assigned to TGK only on successful completion of the works such that Sinosteel are motivated to achieve design capacity on schedule. Interest is charged at a floating rate of 6 month LIBOR +3.5% per annum and the loan term set at 10 years with no penalty for early repayment.



      - Following the success of the royalty-like structure signed and implemented on the West Kytlim project, Eurasia has entered into talks with an international engineering company to manage the mining operation at the Monchetundra project, and to work for the company as the owner's representative throughout the design and build phase of the Sinosteel EPC agreement and thereafter during the operation of the mine. It is envisaged that the structure used successfully at West Kytlim, where the mining operation is outsourced for a split on revenue, can be replicated at the Monchetundra project. Further updates will be made in due course.







      West Kytlim, Urals



      Mining and production of platinum continues at West Kytlim, with weather not stopping production and the forecast reasonable for the coming weeks. The Company will provide details of the final production figures and projected income on completion of the season's works. The trial mining operation has tested two washplants, one owned by Eurasia and refurbished on site, and another larger plant supplied by the contractor SK-Region Stroy. The information pertaining to the constitution and washability of gravels gained from these exercises will be instrumental in ensuring a smooth path to next season's production, as we approach the close of this year's mining season.





      Semenovsky Tailings Project, Urals



      Metallurgical testwork continues to investigate the details of the tailings composition, in view of the material being sourced historically from three mines with different mineralogy. This work will be completed shortly and then form the basis of an assessment by metallurgists for the optimal production route. Work is being carried out at SGS Chita and further announcements will be made in due course.







      MD Christian Schaffalitzky commented:



      "We have endeavored to replicate the structure, which has been proven to work at West Kytlim, at the Monchetundra Project with an additional contract to cover the considerable capital outlay. We believe this presents a route to project development which minimizes exposure for Eurasia, further shareholder dilution, and allows the project to be developed despite a continuing resource sector downturn.



      We believe the transaction is very much on trend considering Sino-Russian relations over the past number of years. Chinese firms are increasingly active in the Russian market in rare earths, PGM, base metals and precious metals. It was our intention to capitalize on this evolving relationship and to offset some of the development risk to a suitably qualified and experienced engineering firm with considerable banking and political reach. Sinosteel is, under the terms of the contract, highly motivated to deliver the plant as stipulated in the contract, because they will be responsible for $150 million until they reach the production level of 130,000 oz of platinum equivalent per annum.



      Further outsourcing the running of the mine to an international company with experience in operating mines is now a top priority for Eurasia. Engaging such a group to act as owner's representative during plant construction aims to ensure the plant is built in line with best international practice. We look forward to updating on developments in this regard in the near term."
      Avatar
      schrieb am 09.09.16 13:54:47
      Beitrag Nr. 239 ()
      Antwort auf Beitrag Nr.: 53.242.326 von hainholz am 09.09.16 10:02:34mh.
      ich habe das heute frueh auch gelesen u. ich bin enorm (!) gespannt, wann denn die deutschen boersen zucken werden. ^^
      lg
      Avatar
      schrieb am 09.09.16 10:02:34
      Beitrag Nr. 238 ()
      die Produktion läuft :eek::eek::eek:

      Eurasia Mining

      9. September 2016 07.00.06

      Eurasia Mining PLC

      RNS-Nummer: 3707J
      Eurasia Mining PLC
      9. September 2016




      Eurasia Mining plc (AIM: EUA)

      ( "Eurasia" oder das "Unternehmen")

      Erste Platin-Konzentrat bei West Kytlim

      Eurasia Mining plc ( "Eurasia") die Russland konzentriert PGM und Gold-Produktion und Entwicklung Unternehmen freut sich, die Produktion seiner ersten Platin-Konzentrat bei West Kytlim, Ural, Russland bekannt zu geben.

      Eine Charge von rohem Platin-Konzentrat ist für den Versand an die Ekaterinburg Nichteisenmetalle und Verarbeitungsanlage, gemäß dem Platin Raffinerie- und Vertriebsvereinbarung bereit in RNS angekündigt vom 28. Juli 2016. Inzwischen vor Ort Kieswasch wurde vertagt worden, während eine neue Wasserversorgung mit Stahlrohrleitungen installiert ist. Dies wird Anfang nächster Woche abgeschlossen. Mining weiter und Kiese werden in die Anlage zum Waschen bereit benachbarten Halde.

      Ein Video von der Operation vorbereitet wird und wenn sie auf der Website des Unternehmens auf www.eurasiamining.co.uk hochgeladen wird abgeschlossen. Fotos von der ersten Konzentrat hergestellt wird dieser Pressemitteilung sind auf der Twitter-Feed und Website des Unternehmens folgen.



      Anfragen:

      Eurasia Mining Plc

      Christian Schaffalitzky / Michael de Villiers

      +44 (0) 207 932 0418

      WH Ireland Limited

      Katy Mitchell / Nick Prowting

      +44 (0) 161 832 2174

      Beaufort Securities

      Elliot Hance

      +44 (0) 207 382 8300
      1 Antwort
      Avatar
      schrieb am 05.09.16 12:13:49
      Beitrag Nr. 237 ()
      Antwort auf Beitrag Nr.: 53.192.115 von grundalf am 02.09.16 12:53:40zuckt aber heute sehr gut in UK

      Eurasia ist hier leider recht unbekannt , aber das kann sich ja ändern ;)
      Avatar
      schrieb am 02.09.16 12:53:40
      Beitrag Nr. 236 ()
      Antwort auf Beitrag Nr.: 53.190.306 von hainholz am 02.09.16 09:49:02mh. das sind in der tat interessante neuigkeiten u. ich war hier kuerzlich "shoppen". mich wundert allerdings, dass im moment nur UK "zuckt".
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