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".
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 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
The junior miners fighting back against inflation with lower cost economic studies, and lower cost quartile projects
Inflation is causing mining companies to re-think their numbers
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.”