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 […]
Tag: Anglesey Mining plc
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 […]
Anglesey appoints Robert Marsden as CEO
Anglesey Mining plc has appointed Robert (Rob) Marsden to the board as chief executive officer, with effect from 1 May 2024. Mr Marsden, who replaces Jonathan Battershill, is a mining engineer with 29 years’ experience in commodities including copper, diamonds, gold, silver, coal, industrial minerals and iron ore. He has worked in Australia, Botswana, Brazil, Chile, […]
Anglesey returns further strong Parys drill results
Anglesey Mining plc reported high grade widths of mineralisation from exploration drilling at the Northern Copper zone at its 100% owned Parys Mountain on the Isle of Anglesey. CONTINUITY The company’s 2023-2024 programme is delineating mineral resource at the copper-zinc-lead-silver-gold volcanogenic massive sulfide project. Drilling is designed to verify the reliability of historical drill holes and […]
Anglesey exploration returns strong assays
Anglesey Mining plc returned strong drill hole assays in broad widths at its 100%-owned volcanogenic massive sulphide project at Parys Mountain, northwest Wales. PROSPECTIVITY The results are from the recently completed drill hole NCZ001, the first from the 2023-2024 infill drilling programme of the Northern Copper and Garth Daniel zones. NCZ001 was designed to repeat […]
Anglesey finance director Danesh Varma resigns
Anglesey Mining plc’s finance director and company secretary Danesh Varma has resigned with immediate effect. Companies House states Mr Varma’s appointment as finance director began on 1 August 2013. Interim chairman Andrew King said: “On behalf of the board of Anglesey, I would like to thank Danesh for his significant contribution and service to the […]