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Anglesey Mining PLC

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Market:
LSE
Market Cap:
£2.99 m
Price
1.60 GBX
Change
0.00%
52 weeks high
3.09
52 weeks low
1.19

In brief

. 100% of Parys Mountain in Wales
. 6% interest in Grangesberg Iron in Sweden
. 11.9% of Labrador Iron Mines in Canada

Anglesey is carrying out development and exploration work at its 100% owned Parys Mountain zinc-copper-lead deposit in North Wales, UK with a reported resource of 2.1 million tonnes at 6.9% combined base metals in the indicated category and 4.1 million tonnes at 5.0% combined base metals in the inferred category

Anglesey holds a 6% interest and management rights to the Grangesberg Iron project in Sweden, together with a right of first refusal to increase its interest by a further 51%.

Anglesey also holds 11.9% of Labrador Iron Mines Holdings Limited which has direct shipping iron ore deposits in Labrador and Quebec, currently held in stand-by care and maintenance pending an improvement in the iron ore price.

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Snapshot

Experienced contract miner QME is considering several development scenarios