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.. 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 company made one brief statement on … Further updates will be made shortly. Founded in 1995, they are a precious metals mining firm with two main areas of interest at Monchetundra and West Kytlim, both in Russia. © All rights reserved. Eurasia Mining Shares Suspended Ahead Of CITIC Clarification February 11 2020 - 10:38AM Alliance News Print. 596/2014, Eurasia Mining plc published this content on 11 February 2020 and is solely responsible for the information contained therein. The Company's AIM securities remain suspended. The longer the suspension lasts the more extreme conspiracy theories, both bull and bear, do the rounds. *All intraday prices are subject to a delay of fifteen (15) minutes. The post The Eurasia Mining share price has more than doubled. 2020 FE fundinfo. 5. Eurasia’s shares are currently suspended at 7.2p. Eurasia Mining PLC has said that following social media speculation it suspended trading of its shares at 7.45am on Tuesday pending … Some of the cookies are essential for parts of the site to operate and have already been set. To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms. It has a market capitalisation of £931m, with approximately 2,759m shares in issue. The announcements are supplied by the denoted source. 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 looks attractive after its recent performance, but before buying in, there are some factors investors need to be aware of. There are currently 2,758,701,681 shares in issue and the average daily traded volume is 14,364,776 shares. 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. Further updates will be made shortly. Eurasia Mining Plc (Eurasia) is a mineral exploration company. This followed social media speculation regarding a relationship with CITIC group, a state-owned investment company of the People’s Republic of China. 2020 FE fundinfo. Eurasia Mining Plc (Eurasia) is a mineral exploration company. Palladium, platinum, rhodium, iridium and gold producing company Eurasia Mining updated the market on its operations on Thursday, as its shares remained suspended. By clicking "I Agree" below, you acknowledge that you accept our. EURASIA MINING PLC Trading on AIM for the under-mentioned securities has been temporarily suspended from 11/02/2020 7:45am pending an announcement. … Please confirm that you are a private investor using the buttons below. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; 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. However, Eurasia’s management never formally put the company up for sale. Sell. The company has two platinum/palladium projects in Russia: West … The Eurasia Mining share price is skyrocketing, even as other stocks languish. eurasia mining plc Trading on AIM for the under-mentioned securities has been temporarily suspended from 11/02/2020 7:45am pending an announcement. 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. Eurasia Mining Plc Ord 0.1P is listed on the London Stock Exchange, trading with ticker code EUA. 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; this site. Investegate reserves the 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. 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. Announcing the share suspension, Eurasia noted that it has been the subject of “social media speculation”. We have updated our Privacy and Cookie Policy. 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 Company's AIM securities remain suspended. In February 2020, Eurasia Mining shares were suspended from trading on AIM. Buy. The 1 year high share price is 44p while the 1 year low share price is currently 2.80p. 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 … The reason given for the suspension was that clarification of the relationship with CITIC … 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 Expects West Kytlim's Definitive Feasibility Study Approval in.. Chief Executive Officer & Executive Director. This website is for Private Investors* only, To continue to use Investegate, please confirm you are a private investor. Please note, this site uses cookies. 596/2014. Eurasia Mining Shares Suspended Ahead Of CITIC Clarification. Eurasia Mining Plc has a 4 week average price of 28p and a 12 week average price of 17.75p. The Eurasia Mining share price is skyrocketing, even as other stocks languish. 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. By using this site, you agree to use the content for private use only. Quick facts: Eurasia Mining PLC. The Company's AIM securities remain suspended. right to publish a filtered set of announcements. The company said shares would be suspended … Eurasia Mining … The Company's AIM securities remain suspended. Eurasia Mining share price growth . Eurasia Mining shares suspended as it clarifies relationship with CITIC 11 February 2020 Eurasia Mining later confirmed that the relationship was with the merchant … Rate Fix announcements are filtered from this site. Eurasia's mine at Monchetundra is a lower cost open cut mining operation, with major gold and base metal credits. Investegate takes no responsibility for the accuracy of the information within 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. 3. Here’s what I’d do now appeared first on The Motley Fool UK. Eurasia Mining (not be confused with Eurasia Group) is sometimes described as a gold miner but that is only a small … To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy The market capitalisation of Eurasia Mining … NAV, EMM/EPT, Rule 8 and FRN Variable © You may delete and block all cookies from this site, but if you do, parts of the site may not work. The story behind the Eurasia Mining performance this year is a little different to that of most companies. Today it clarified, the shares were unsuspended and have rocketed. Its ouzo time for the Bulletin … Eurasia Mining Share Chat (EUA) Follow EUA. Eurasia Mining is a junior mining company listed on the AIM market. 4. 2. 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. Obtains access to the information in a personal capacity; Our producing platinum and gold mine in the Ural Mountains is an alluvial mine benefitting from lowest quartile cash costs. 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. Is it a good buy now or is the AIM-listed stock too risky? Please find below my findings into Eurasia Mining, as of July 2020. This website is only for private investors. Queries about the content Revised in light of new information provided via 2x RNS on 1st July 2020. 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 … 1. I confirm and agree. In February 2020, Eurasia Mining shares were suspended from trading on AIM. of an announcement should be directed to the source. 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; For the majority of 2020, the shares have been suspended. 6. 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. All rights reserved. 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. 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. 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 … 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 … 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.