The Company's AIM securities remain suspended. The Company confirms that, following social media speculation, trading in its ordinary shares has been suspended (at 7.45am today) pending clarification of its relationship with CITIC. *All intraday prices are subject to a delay of fifteen (15) minutes. WH Ireland Limited (Nomad and Joint Broker), The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. The Eurasia Mining share price is skyrocketing, even as other stocks languish. Please note, this site uses cookies. Eurasia Mining (not be confused with Eurasia Group) is sometimes described as a gold miner but that is only a small … Announcing the share suspension, Eurasia noted that it has been the subject of “social media speculation”. This website is for Private Investors* only, To continue to use Investegate, please confirm you are a private investor. Eurasia Mining shares suspended as it clarifies relationship with CITIC 11 February 2020 All rights reserved. The principal activities of the Company and its subsidiaries are related to the exploration for and development of platinum group metals (the PGM), gold and other minerals in Russia. 2020 FE fundinfo. UK-based company Eurasia Mining says platinum production at its West Kytlim operation in Russia had been undermined by contractor issues, Morningstar reports.. Just 66 kilograms, or 2,122 ounces, of platinum had been approved by authorities as to the maximum approved production limit for 2019, due to ‘delays and … this site. Eurasia Mining Plc (Eurasia) is a mineral exploration company. By William Turvill Company Review Update The future of Russia-focused Eurasia Mining is shrouded in mystery after the Aim company last week suspended trading in its shares following a vast stock rally. Since Tuesday morning shares in Eurasia Mining (EUA) , a darling of the bulletin boards and the star performer on the AIM Casino so far this year, have been suspended. Further updates will be made shortly. The announcements are supplied by the denoted source. Palladium, platinum, rhodium, iridium and gold producing company Eurasia Mining updated the market on its operations on Thursday, as its shares remained suspended. Eurasia Mining Plc (Eurasia) is a mineral exploration company. Queries about the content Obtains access to the information in a personal capacity; A discussion on Eurasia Mining The darling of AIM over the last few months, generating more comments, tweets, bulletin board posts than any other share. 2020 FE fundinfo. Investegate reserves the Please confirm that you are a private investor using the buttons below. Eurasia Mining plc, the palladium, platinum, rhodium, iridium and gold producing company, operating the established West Kytlim Mine in the Urals, and also the operator of the Monchetundra Project comprising two predominately palladium open pit deposits located 3km away from Severonickel, one of Norilsk Nickel's largest … The Eurasia Mining share price looks attractive after its recent performance, but before buying in, there are some factors investors need to be aware of. Investegate takes no responsibility for the accuracy of the information within The Company's AIM securities remain suspended. Having traded in a range of 0.4 to 0.7p for the last two years, it spiked up in October 2019, reaching a price of 7.2p by the time it was suspended on 11 February. It has a market capitalisation of £931m, with approximately 2,759m shares in issue. Eurasia Mining later confirmed that the relationship was with the merchant … Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; For the majority of 2020, the shares have been suspended. right to publish a filtered set of announcements. 1. By clicking "I Agree" below, you acknowledge that you accept our. This website is only for private investors. Distributed by Public, unedited and unaltered, on 11 February 2020 15:17:02 UTC, Eurasia Mining Expects West Kytlim's Definitive Feasibility Study Approval in December. 2. The reason given for the suspension was that clarification of the relationship with CITIC … Eurasia's mine at Monchetundra is a lower cost open cut mining operation, with major gold and base metal credits. The story behind the Eurasia Mining performance this year is a little different to that of most companies. 3. … In February 2020, Eurasia Mining shares were suspended from trading on AIM. Eurasia Mining Shares Suspended Ahead Of CITIC Clarification. By using this site, you agree to use the content for private use only. The company made one brief statement on … Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; Eurasia Mining is a junior mining company listed on the AIM market. Rate Fix announcements are filtered from this site. ORDINARY SHARES OF 0.1P EACH, FULLY PAID (0323042) (GB0003230421) If you have any queries relating to the above, please contact London Stock Exchange on … All rights reserved. Our producing platinum and gold mine in the Ural Mountains is an alluvial mine benefitting from lowest quartile cash costs. EURASIA MINING PLC Trading on AIM for the under-mentioned securities has been temporarily suspended from 11/02/2020 7:45am pending an announcement. I confirm and agree. 596/2014. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds; 5. Is it a good buy now or is the AIM-listed stock too risky? Share Name Share Symbol Market Type Share ISIN Share Description; Eurasia Mining Plc: LSE:EUA: London: Ordinary Share: GB0003230421: ORD 0.1P Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares … To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms. Founded in 1995, they are a precious metals mining firm with two main areas of interest at Monchetundra and West Kytlim, both in Russia. Eurasia Mining Share Chat (EUA) Follow EUA. Eurasia Mining (EUA) shares were suspended months ago because it was unable to clarify speculation that Chinese Bank CITIC was engaged to try to sell its assets, something it first suggested was happening about nine months ago. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; The Company's AIM securities remain suspended. eurasia mining plc Trading on AIM for the under-mentioned securities has been temporarily suspended from 11/02/2020 7:45am pending an announcement. Eurasia Mining Plc has a 4 week average price of 28p and a 12 week average price of 17.75p. You may delete and block all cookies from this site, but if you do, parts of the site may not work. Here’s what I’d do now appeared first on The Motley Fool UK. However, Eurasia’s management never formally put the company up for sale. The market capitalisation of Eurasia Mining … Eurasia Mining share price growth . The company said shares would be suspended … Eurasia Mining … Eurasia Mining Expects West Kytlim's Definitive Feasibility Study Approval in.. Chief Executive Officer & Executive Director. WH Ireland Limited (Nomad and Joint Broker), The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. © Eurasia Mining Shares Suspended Ahead Of CITIC Clarification February 11 2020 - 10:38AM Alliance News Print. © Please find below my findings into Eurasia Mining, as of July 2020. The company has two platinum/palladium projects in Russia: West … Eurasia’s shares are currently suspended at 7.2p. Quick facts: Eurasia Mining PLC. 596/2014, Eurasia Mining plc published this content on 11 February 2020 and is solely responsible for the information contained therein. In February 2020, Eurasia Mining shares were suspended from trading on AIM. Eurasia Mining plc, the palladium, platinum, rhodium, iridium and gold producing company, operating the established West Kytlim Mine in the Urals, and also the operator of the Monchetundra Project comprising two predominately palladium open pit deposits located 3km away from Severonickel, one of Norilsk … Revised in light of new information provided via 2x RNS on 1st July 2020. The longer the suspension lasts the more extreme conspiracy theories, both bull and bear, do the rounds. Eurasia Mining PLC has said that following social media speculation it suspended trading of its shares at 7.45am on Tuesday pending … Eurasia Mining Plc Ord 0.1P is listed on the London Stock Exchange, trading with ticker code EUA. Is it a good buy now or is the AIM-listed stock too risky?The post The Eurasia Mining share price has more than doubled. NAV, EMM/EPT, Rule 8 and FRN Variable 6. The Company's AIM securities remain suspended. The shares of this Russian mining company – listed on the Alternative Investment Market (Aim) junior market – have been suspended since 11 February, but have recently started trading again. Buy. 4. Whilst the shares remain suspended, the value of Palladium has shown through, establishing a base price of $1900 minimum during Covid19 restrictions on auto manufacturing. Eurasia Mining plc ("Eurasia" or "the Company") Statement re Suspension The Company confirms that, following social media speculation, trading in its ordinary shares has been suspended (at 7.45am today) pending clarification of its relationship with CITIC. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes. This followed social media speculation regarding a relationship with CITIC group, a state-owned investment company of the People’s Republic of China. There are currently 2,758,701,681 shares in issue and the average daily traded volume is 14,364,776 shares. We have updated our Privacy and Cookie Policy. Sell. The post The Eurasia Mining share price has more than doubled. The Company confirms that, following social media speculation, trading in its ordinary shares has been suspended (at 7.45am today) pending clarification of its relationship with CITIC. Further updates will be made shortly. Some of the cookies are essential for parts of the site to operate and have already been set. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy Eurasia Mining plc ('Eurasia' or 'the Company') Statement re Suspension The Company confirms that, following social media speculation, trading in its ordinary shares has been suspended (at 7.45am today) pending clarification of its relationship with CITIC. The Eurasia Mining share price is skyrocketing, even as other stocks languish. The 1 year high share price is 44p while the 1 year low share price is currently 2.80p. Its ouzo time for the Bulletin … of an announcement should be directed to the source. Shares in Eurasia Mining were suspended on the London Stock Exchange yesterday, with the announcement that the company was seeking clarification from CITIC, presumably on the possible sale of one or both of its mines, although this was not stated.. 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