Anglesey Mining plc said that its Canadian investee company Labrador Iron Mines Holdings Ltd (LIM) announced a US$4 million strategic investment by Scully Royalty Ltd. SCULLY ROYALTY Anglesey Mining holds 19.3 million shares in LIM, which will equate to 11.0% of the company after the issuance of new shares to Scully Royalty Ltd. Scully’s strategic […]
Tag: Anglesey Mining plc
Anglesey encouraged by first Parys infill drill results
Anglesey Mining plc said the first assay results were encouraging from the initial four holes of infill drilling at its polymetallic project at Parys Mountain on Anglesey, northwest Wales. INFILL DRILLING The company, exploring for copper, zinc, lead, silver and gold volcanic massive sulphide deposits at the site, conducted infill drilling of the White Rock […]
Obituary – Anglesey deputy chairman-former CEO Bill Hooley
Anglesey Mining’s deputy chairman and non-executive director D. William (Bill) Hooley, who had more than fifty years’ experience in minerals operations and management, died suddenly on 7 June 2022. He previously held the post of chief executive officer of the company from 2006 to 2021. From 2007, Mr Hooley was also a director and deputy […]
Anglesey raises £864,416 via placing-subscription
Anglesey Mining plc said it had raised a total of £864,416 gross proceeds from a placing and subscription. DEBT RESTRUCTURING A placing of 22,829,705 ordinary shares with institutional and other investors at a price of 3.4 pence per share raised £776,210. Chairman John Kearney and chief executive officer Jo Battershill subscribed for an additional 2,594,284 […]
Anglesey Mining moves address to Wales
Anglesey Mining plc has changed its registered office address changed from London to Wales. Companies House records the change today, 5 May, from Tower Bridge House St. Katharines Way, London to Parys Mountain Mine, Parys Mountain, Amlwch, Anglesey.
Anglesey progresses Parys-Grängesberg
Anglesey Mining plc announced progress at its Parys Mountain base and precious metals project on the Isle of Anglesey and Grängesberg iron ore interest in Sweden. PARYS MOUNTAIN The company said it expected to complete infill drilling over the next week at Parys Mountain, which hosts a polymetallic zinc, copper, lead, silver and gold deposit. […]