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On today's Vox Markets Podcast: Ananda Developments on their Acquisition and Eurasia Mining provide a West Kytlim Update
Melissa Sturgess, Chief Executive Officer of Ananda Developments (ANA) explains why they've acquired Tiamat Agriculture Limited.
Ananda Developments invests in the developing market for medical or therapeutic Cannabis derivatives, or related products, including but not limited to nutraceuticals, dietary supplements and cosmetic products which contain Cannabis or hemp derived cannabinoids. The Directors believe that this market is growing due to an increasing number of states in the USA, as well as other countries around the world, changing their laws to allow for products containing constituents of Medical Cannabis to be developed, approved and sold. A copy of the Company’s Admission Document is available at www.anandadevelopments.com.
Dmitry Suschov, Director of Eurasia Mining (EUA) provides an update on their West Kytlim which is the second largest alluvial platinum mine globally.
West Kytlim is currently the second largest alluvial platinum mine globally, based on 2018 production figures, and is expected to be the world's largest PGM alluvial mine in 2019. The operation was brought to industrial scale production in 2018, with a total of 165kg raw platinum produced from May to November 2018 for a revenue of £2.57m.
(Interview starts at 8 minutes 56 seconds)