Anglesey Mining plc
100% of Parys Mountain in Wales
6% interest plus control of 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. Until June 2015, Anglesey has control and an option to acquire 51% of the project.
Anglesey holds 15.3% of Toronto-listed Labrador Iron Mines Holdings Limited (TSX:LIM) which has twenty direct shipping iron ore deposits in western Labrador and north-eastern Quebec. Production in 2012 and 2013 was 1.7mt of iron ore per annum; production operations were not re-commenced in the 2014 season. See the Labrador Iron Mines website for further details.
Half yearly report for the six months to 30 September 2014
Wed, 26 Nov 2014 08:52:32
Chairman’s Statement and Management Report The half year to end of September 2014 has been a difficult period for the resource industry and for the company. Labrador Iron Mines (“LIM”) did not mine any ore in the half year and … Read More
Block listing six monthly return
Tue, 07 Oct 2014 11:34:07
Name of applicant: Anglesey Mining plc Name of scheme: 2004 Unapproved Share Option Scheme Period of return: from 1 April 2014 to 30 September 2014 Balance of unallotted securities under scheme from previous return: 7,550,000 Plus: The amount by which … Read More