Anglesey Mining plc
100% of Parys Mountain in Wales
6% interest in Grangesberg Iron in Sweden
15.3% of Labrador Iron Mines in Canada
Anglesey is carrying out exploration and development work at its 100% owned Parys Mountain zinc-copper-lead deposit in North Wales, UK where a JORC Code-compliant resource of 2.1mt at 6.9% combined base metals in the indicated category and 4.1mt at 5.0% combined in the inferred category was published in November 2012.
In May 2014 Anglesey acquired a 6% interest in the Grangesberg Iron mine, formerly the third largest in Sweden, where there are prior indications of at least 115 million tonnes of iron ore containing around 40% iron remaining underground. There is excellent infrastructure and a production rate of 2.0 to 2.5 million tonnes per year of saleable iron ore concentrate is envisaged. Anglesey has operational management and a right of first refusal to acquire 51% of the project.
Anglesey holds 15.3% of Labrador Iron Mines Holdings Limited which has twenty direct shipping iron ore deposits in western Labrador and north-eastern Quebec. LIM is currently undergoing a financial restructuring.
Half yearly report for the six months to 30 September 2015
Fri, 27 Nov 2015 08:37:07
Chairman’s Statement and Management Report As indicated in the Chairman’s Statement in the Annual Report published in July this year, the hoped for resurgence in the resources sector has not yet occurred and indeed since the date of that Report … Read More
Appointment of Broker
Tue, 24 Nov 2015 07:00:40
Anglesey Mining plc (LSE: AYM) (“Anglesey” or the “Company”) is pleased to announce the appointment of Beaufort Securities Limited as the Company’s corporate broker with immediate effect. About Anglesey Mining plc Anglesey is carrying out exploration and development work at … Read More