Company
Anglesey Mining PLC
LON:AYM
Anglesey Mining PLC is engaged in exploring and developing its Parys Mountain property which hosts a significant polymetallic zinc, copper, lead, silver and gold deposit where there is a head frame, a 300m deep production shaft, planning permission for operations and freehold ownership of the minerals and land.
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Anglesey Mining boss hands in notice just as Parys Mountain drilling starts
Jo Battershill will remain as an Anglesey non-exec after he stands down as chief executive
Anglesey Mining to use pioneering tech alongside drilling at Parys Mountain
Anglesey has also raised £500,000 through a placing at 1.5p
Anglesey Mining to resume drilling at Parys Mountain
The programme could potentially lead to a significant portion of the deposit being upgraded into the Indicated category
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Anglesey Mining increases stake in Swedish iron ore project to near 50%
“We continue to believe the Grängesberg project has the potential to be restarted as one of Europe’s largest individual producers of iron ore concentrates".
Anglesey Mining making 'significant progress' at Parys Mountain
"We also believe that the commodity price outlook remains positive"
Anglesey Mining reports positive final drilling results from Parys Mountain polymetallic project
The final two holes recorded multiple broad intercepts and continued to highlight that the White Rock and Engine Zones represent an extensive mineralised system
Anglesey Mining plans to increase activity at Parys Mountain project over next year
“The activities of the last 12 months continue to demonstrate that Anglesey Mining has two potentially long life, highly cash generative mine developments,” said chief executive Jo Battershill
Anglesey Mining says design work begins on tailings storage system at Parys Mountain
“The commencement of the tailings storage facility design stage is a very important aspect of the Parys Mountain work programme and a key element of the overall permitting process,” said Anglesey chief executive Jo Battershill
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Anglesey Mining completes updated pre-feasibility study for Grängesberg, sets NPV at US$688mln
Anglesey also holds the Parys Mountain copper-zinc asset in Wales
Anglesey Mining confident of resource upgrade at Parys Mountain
"Given the results, we are very confident that a significant portion of the currently Inferred material will be upgraded to Indicated," said chief executive Jo Battershill
Anglesey Mining: Labrador Iron Mines lands strategic investment
“The inflow of funds is a key development to help unlock the significant value of the Houston project, which has obvious benefits to Anglesey shareholders.”
Anglesey Mining says initial results from infill drilling at Parys Mountain project are positive
Results from another four holes are expected mid-July
Anglesey Mining announces sudden death of deputy chairman and former CEO Bill Hooley
“Bill was instrumental to the advancement of Anglesey and its Parys Mountain mine project during his time as chief executive between 2006 and 2021," said chairman John Kearney
Anglesey Mining raises £864,000 for further work on Parys
Anglesey already has a sizeable resource base at Parys Mountain
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Anglesey Mining says Parys Mountain drilling is going well
The drill programme in North Wales is expected to be complete in March, with results following next quarter
Anglesey Mining set to move onto AIM as Parys Mountain advances
“We believe the proposed move to AIM is now appropriate and will ultimately provide Anglesey Mining with greater flexibility over corporate and financing transactions, and also provide potential tax benefits to investors.”
Anglesey Mining to update PFS on Grängesberg iron ore project to assess potential for re-opening
Grängesberg was the third-largest iron ore mine in Sweden and employed more than 1,500 people during the height of production in the early 1980s
Anglesey Mining begins further drilling at Parys Mountain ahead of feasibility study
“Without doubt, the next year is shaping up to be a busy period for Anglesey Mining with activities at Parys Mountain moving up a gear and the PFS update for Grängesberg now underway," said boss Jo Battershill
Anglesey Mining encouraged by 'positive commodity price outlook'
"All in all, we are confident of the way forward and positive on the outlook for Anglesey Mining for the remainder of 2021 and 2022," said John Kearney, the company's chairman
Anglesey Mining says drilling to start at Parys Mountain deposit 'in early November'
"The prospects for elevated copper and zinc prices remain well supported," said chief executive Jo Battershill
Anglesey Mining starts work at Parys Mountain and Grängesberg after fund raise
"The strong demand demonstrates a genuine investor interest in seeing the Parys Mountain and Grängesberg projects advanced"
Anglesey Mining re-invigorated with new management, and long-term vision
Drilling work is due to commence shortly at the Parys Mountain project
Anglesey Mining readying to restart work at Parys Mountain
As additional funding becomes available these programmes will be accelerated
Anglesey Mining swings back into profit and says Welsh and Swedish projects 'highly cash generative'
Parys Mountain contains an estimated resource of 5.2 million tonnes in the Indicated category
Anglesey Mining hails year of significant progress
The highlight of the past year was the completion in January 2021 of an independent preliminary economic assessment on Anglesey’s Parys Mountain project
Anglesey Mining appoints new CEO and issues corporate update
Parys Mountain was once the largest copper mine in the world
Anglesey Mining says investee Labrador Iron Mines releases Preliminary Economic Assessment on Houston Project
The PEA suggests a production time frame of 2mln tonnes per annum over 12 years
Anglesey Mining raises funds to continue the development of Parys Mountain
The group is on the look-out for new projects to add to its portfolio, which also includes a 12% interest in Labrador Iron Mines and a 20% interest in the Grangesberg Iron project in Sweden.
Anglesey Mining’s PEA for Parys Mountain shows the potential for a US$1bn project, and next steps will be crucial
Some big decisions are looming, now that the economic parametres of Parys have been laid out
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Anglesey Mining says PEA for Parys Mountain shows a net present value of US$120mln and cash operating surplus of US$510mln
Mineralisation has been known at Parys Mountain for hundreds of years
Anglesey Mining encouraged by positive outlook for commodity prices
The company said it is confident an increase in prices of iron ore as well as other metals is likely to continue into 2021 amid disruption to mining operations by the coronavirus pandemic alongside rising demand from major infrastructure pr
Anglesey Mining encouraged by commodity prices, actively reviewing new opportunities
The company said a strong rise in iron ore prices over the year made its investments in both the Labrador iron mines in Canada and the Grangesberg iron project in Sweden “increasingly attractive”
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Anglesey Mining gets lift as Labrador Iron Mines fires up again
LIM's preliminary economic assessment of its Houston deposit is its first development move in six years
Anglesey Mining kicks off fresh economic assessment of Parys Mountain
"We are confident that the results from the PEA will confirm our expectation in the extent of the mineral resources at Parys Mountain," said Bill Hooley.
Anglesey Mining’s chairman John Kearney says the fundamental outlook for base metals remains positive
Economic studies on Parys Mountain are currently in progress
Anglesey Mining raises £200,000 for further work at Parys Mountain
Anglesey Mining will also use the money to evaluate new projects
Anglesey Mining actively reviewing new opportunities
The continuing support of premium iron prices for the premium product that Grangesberg would produce has encouraged Anglesey to seek out alternative development strategies to move the project forward.
Anglesey Mining waits for scoping study update at Parys Mountain
Review by QME identified several ways to improve the project’s economics
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Anglesey Mining upbeat on Parys Mountain as review points to more available ore
The mineable tonnage can be increased by using a lower cut-off grade and by adopting a revised mine development plan.
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Anglesey Mining raises £200,000 for further development work at Parys
The Parys Mountain project is currently the subject of an optimisation study
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Anglesey’s optimisation study for Parys Mountain progressing well
The new work could result in an increased resource for Parys Mountain
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Anglesey Mining positive on Parys Mountain metals outlook
The company is looking to advance Parys Mountain in a planned and sequential manner.