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
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 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