| Market cap (m) | £123.2 |
| Enterprise value (m) | £114.6 |
Eurasia Mining PLC is a mineral exploration company. The principal activities of the company and its subsidiaries involve exploring and developing platinum group metals, gold, and other minerals. It is also engaged in developing platinum, palladium, and gold deposits. Its principal projects are the West Kytlim mine located in the Central Urals Mountains in Russia, and the Monchetundra project located on the Kola Peninsula in Russia.
Eurasia Mining announced completion of the detailed design (Technical Project) for its open-pit copper-nickel-PGM-gold MT asset in the Arctic. Geolinvestproekt completed the work, drawing on test programs by Gipronickel, metallurgical testwork by Mekhanobr Engineering, geological modelling and mine planning by Central Kola Expedition, and Wardell Armstrong International's audit of drill core storage and QA/QC procedures.
Geolinvestproekt is overseeing the state approval process for the Technical Project, with a further update to follow upon approval. Following approval, mine construction can commence under the existing EPCF turnkey contract with Sinosteel, which includes a financing package.