Eurasia Mining PLC 2022 AR2
The report outlines Eurasia Mining PLC's operations and financial performance for the fiscal year 2022, highlighting its strategy to sell its Russian assets, including the West Kytlim mine and Monchetundra project. Key operational milestones included the transition of the West Kytlim mine to hydro-derived grid electricity and the installation of an electric dragline to reduce environmental impact. The company completed and submitted the Definitive Feasibility Study for Monchetundra, which was subsequently approved. Despite geopolitical challenges and the decision to stockpile ore without generating revenue in 2022, the company maintained a strong cash position and a zero lost-time injury frequency rate.
Company: Eurasia Mining PLC
Sector: Mining & quarrying
Country: United Kingdom
Year: 2022
Type: AR2
Pages: 71
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Eurasia Mining PLC
Annual Report & Accounts
The report outlines Eurasia Mining PLC's operations and financial performance for the fiscal year 2022, highlighting its strategy to sell its Russian assets, including the West Kytlim mine and Monchetundra project. Key operational milestones included the transition of the West Kytlim mine to hydro-derived grid electricity and the installation of an electric dragline to reduce environmental impact. The company completed and submitted the Definitive Feasibility Study for Monchetundra, which was subsequently approved. Despite geopolitical challenges and the decision to stockpile ore without generating revenue in 2022, the company maintained a strong cash position and a zero lost-time injury frequency rate.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees