Anglesey Mining plc former director Danesh Varma who worked for the company for just under 10 years has died. Mr Varma joined the board in 1994 and held the post of finance director and company secretary before stepping down last November. He was also non-executive director at First Class Metals plc until his resignation in […]
Tag: Anglesey Mining plc
Anglesey raises £220,000 via direct subscription
Anglesey Mining plc has raised £220,000 via a direct subscription of 22 million ordinary shares at a price of 1 pence per share. USES Following admission, the total number of ordinary shares in the capital of the company in issue will be 483,593,017, with voting rights. Net proceeds will go towards developing Parys Mountain in […]
Anglesey NED Namrata Verma resigns
Anglesey Mining plc non-executive director Namrata Verma has resigned with immediate effect to pursue other interests. Ms Verma was appointed to the role in December 2021. Interim chairman Andrew King said: “On behalf of the board of Anglesey, I would like to thank Namrata for her contribution to the company and we wish her well […]
Anglesey to submit new plans for Parys
Anglesey Mining plc will submit a fresh plans including new surface infrastructure, a tailings management facility, a decline portal and some small ventilation shaft collars for Parys Mountain. MINING The decision follows completion and submission on 31 July of its environmental impact assessment (EIA) scoping report which raised reasons for a new application. Anglesey ruled […]
Anglesey Mining raises £415,000
Anglesey Mining plc has raised £415,000 via a placing of 32.5 million ordinary shares with certain institutional and other investors and a subscription of 9m ordinary shares, all at 1 pence per share. Net proceeds will go towards developmental work at Parys Mountain, advancing development options at Grängesberg iron ore mine, debt repayment and general […]
Anglesey targets increased indicated resource
Anglesey Mining plc expects results from its three now completed infill drill holes to increase the indicated resource category at its 100% owned Parys Mountain polymetallic project. CONTINUITY The programme targeted the Northern Copper zone (NCZ) and Garth Daniel zone, where holes NCZ001 and NCZ002 were previously drilled. The final hole NCZ003 has intersected a […]