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Eurasia Mining signs MoU with GoldMint

Published 08 September 2017

Eurasia, the platinum, palladium, iridium, rhodium and gold production company, announced that it has entered into a Memorandum of Understanding with GoldMint PTE (GoldMint), a Singapore based Limited Company.

It is agreed that where Eurasia identifies potential exploration and mining projects it may choose to collaborate with GoldMint on financing all or part of these projects, and ultimately managing all or part of the mine output. The agreement may also be applied to Eurasia's current projects and interests. 

GoldMint are developing a platform on which to establish a new means of managing physical gold assets, by applying blockchain technologies to make transactions backed by physical gold more fluid.

At this stage there is no specific understanding on the terms that any financing might take and neither party are obligated to progress on any venture, further updates will be provided in due course as appropriate.



Source: Company Press Release