Dmitry Suschov, Non-Executive Director, speaks to BRR Media at the 121 Mining Investment Conference, providing an update on progress and potential of Eurasia Mining in the PGM metals market based its low cost of production and funded growth plans.
Eurasia Mining shares an update on its plans to sell the West Kytlim gold project. The company outlines next steps in the potential divestment process, though no buyer or timeline has been confirmed. The move follows earlier indications of exploring strategic options for the asset.
Eurasia Mining PLC sells its West Kytlim mining operations in the Urals to a Russian company for **USD9 million**. The move aims to mitigate risks of potential nationalization without compensation, following the freeze of Russian assets in Europe. The transaction involves a key asset in the company’s portfolio.
Eurasia Mining PLC provides an update on its West Kytlim mining operations, focusing on production activities for iridium, osmium, palladium, platinum, rhodium, ruthenium, and gold. The company also highlights advancements in its AIX project, though specific details remain undisclosed.
Eurasia Mining revises its 2024 annual financial results after identifying discrepancies in previously reported figures. The company has not disclosed specific adjustments or the reasons behind the corrections. Investors and stakeholders await further clarification on the revised performance metrics.