LSE:EUA (Eurasia Mining Plc)

Eurasia Mining (LSE: EUA) is a base and precious metals miner listed on London’s AIM market. The company is focussed on exploring for gold and platinum group metals (PGMs) and developing projects to the production stage. Its assets are located in Russia and include the West Kytlim open pit mine in the Ural Mountains where it began producing gold, platinum, iridium, palladium and rhodium in 2018. Eurasia Mining is also developing the palladium-rich Monchetundra project in the Kola Peninsula in northwest Russia. It has embarked on a joint venture with the state-owned Russian Geological Exploration Holding (or RosGeo for short), too, to develop nine so-called battery metals (copper, nickel and cobalt) and PGM projects in the Monchetundra district. Eurasia Mining has described the RosGeo JV as potentially “transformational;” the nine assets have total platinum reserves and resources of 104.6Moz as per Russian mining standards.