Clean Break: the company completely halting Russian engagements or exiting Russia
Leave Withdrawal
Eurasia Mining PLC is an international mining and mineral exploration company, listed on the Alternative Investment Market (AIM), focussed on Russia.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalEurasia decided to stockpile ore from the West Kytlim region in Russia in order not to profit from the country. The board of directors continues the process of selling its Russian assets. The company continues to sell its assets in Russia, which include the operating West Kitlim mine, the Monchetundra project mining license, the NKT project, and ownership of the Nyud project. "We look forward to providing our shareholders with further information regarding our key objectives, including the possible sale of our Russian assets," Schaffalitsky said.
Business as usual, discusses sale of assets " for the benefit of ... shareholders". Eurasia Mining PLC (AIM:EUA) has said it continues to work towards selling its Russian assets although, at no present, there is no guarantee that the company will enter into any binding agreements regarding the sale of these assets. Eurasia Mining has agreed to sell its Western Kytlym operations in the Urals amid concerns about their nationalization. The company has accepted proposed terms of a deal to sell its stake in Kosvinsky Kamen, a company that owns alluvial platinum group metals (PGM) and gold deposits in Western Kytlym, Russia.
| December 07, 2023 | Eurasia Mining in stasis as Russian asset sale talks continue |
| July 03, 2023 | Eurasia Mining’s annual results marked by Russian uncertainty |
| December 23, 2022 | Eurasia Mining says it is focused on sale of Russian assets |
| June 29, 2022 | Annual Results and Notice of AGM |