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Eurasia Mining (EUA) investor relations material
Eurasia Mining H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Majority interest in West Kytlim mine approved for sale to focus on Arctic Kola assets, which hold 99.7% of reserves and resources.
Significant progress at Monchetundra and NKT mines, aiming to establish a new mining cluster in the Arctic.
Geopolitical developments, especially Ukraine conflict negotiations, are influencing business priorities and market value.
Financial highlights
Revenue for H1 2026 reached £2.3 million, compared to nil in H1 2025.
Gross profit for H1 2026 was £1.07 million, with profit before tax at £806,404.
Basic and diluted EPS for H1 2026 was 0.01 pence per share, down from 0.16 pence in H1 2025.
Net foreign exchange gain of £671,507 contributed to other gains.
Total comprehensive loss for H1 2026 was £403,368, compared to a profit of £2.5 million in H1 2025.
Outlook and guidance
Focus remains on advancing Kola Arctic assets, with updates expected as work progresses.
Ongoing multinational peace efforts are expected to positively impact operations and value creation.
- Returned to profitability in 2025, focusing on asset sales and Arctic project development.EUA
H2 2025 - West Kytlim sale aims to fund Kola project growth, prioritizing long-term value and risk management.EUA
Investor update - Losses narrowed in 2023 as asset sale efforts continued and a trade finance facility was secured.EUA
H2 2023 - Net loss narrowed to £0.57m as asset value rose from high-grade Osmium discovery.EUA
H1 2024 - Record H1 2025 profit and production growth achieved amid strong platinum market conditions.EUA
H1 2025 - Losses increased but cash reserves strengthened; asset sale and funding remain priorities.EUA
H2 2024
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