PGM and gold production and development
Monchetundra contains 2 million ounces 2 PGM (Palladium, Platinum) + Gold in state approved Reserves + Resources – being advanced to production. West Kytlim is our operating Platinum and Gold mine in the Ural Mountains while Semenovsky is an attractive gold tailings opportunity. We continue to assess exploration and near term production opportunities throughout Russia.
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Latest Media
Eurasia Mining - 121 Conference Highlights
Dmitry Suschov, Non-Executive Director, speaks to BRR Media at the 121 Mining Investment
...Share talk interview with C Schaffalitzky on mine progress and Monchetundra licensing
Studio interview with executive chairman of Eurasia Mining
Latest From Twitter
#EUA @eurasiamining #RNS Appointments of Chief Executive Officer and Chief M&A Officer https://t.co/YBr9NfB6MR A ne… https://t.co/B4WR7Idpv8
#EUA @eurasiamining #RNS Approval of Monchetundra Flanks license https://t.co/JZ3aVRDp2w https://t.co/nMih5Hg58A
#EUA #RNS @eurasiamining General update and successful completion of 𝐔𝐒$𝟏𝟎𝐦 equity placing with institutional inves… https://t.co/d2TfglWFJ3
Market under-supplied since 2012 - South African supply shows more downside risk than upside potential
Most Platinum is supplied from underground mines in the Bushveld Complex, South Africa. Eurasia's mine at Monchetundra is a lower cost open cut mining operation, with major gold and base metal credits. Our producing platinum and gold mine in the Ural Mountains is an alluvial mine benefitting from lowest quartile cash costs.
Palladium and Platinum are unique in having both Precious and Industrial demand elements
Demand for use in the automotive industry remains robust despite Electric Vehicle take up, due to ever more stringent, international emissions control legislation. Platinum bullion is increasingly sought after as an investment, ETF’s and online bullion outlets provide the same investment infrastructure as gold. Platinum is currently trading near its greatest ever discount to gold.