Eurasia Mining (GB:EUA) has released an update.
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Eurasia Mining PLC, a company engaged in the mining of various precious metals, has announced its interim results for the first half of 2024, revealing the discovery of high-grade Osmium at its West Kytlim mine, which is expected to significantly increase the value of its PGM concentrate inventory. The company has also made progress in preparing for mine construction at Monchetundra and secured a trade finance facility providing up to £2.5 million in additional liquidity. Eurasia continues to explore the potential sale of its Russian assets, with no guarantee of a definitive agreement.
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