Anglesey Mining plc said it would in early November start the first drill programme since 2012 at its copper-zinc-lead project at Parys Mountain, Anglesey. PROGRAMME The company has engaged Irish Drilling for a minimum nine-hole programme for 2,750m designed to provide additional information for the planned feasibility study in 2022. Anglesey said that around 78% […]
Tag: Anglesey Mining plc
Anglesey raises £768,000 via discounted placing
Anglesey Mining plc raised £768,230 after issuing 22,595,000 new ordinary shares, representing 10% of the company’s current issued share capital, at 3.4 pence each. NEW SHAREHOLDERS The placing price represents a discount of 5.6% to the closing price on 7 October 2021. The investors include chief executive Jo Battershill who subscribed, via his company JJB […]
Anglesey grants QME option to develop Parys
Anglesey Mining plc has granted Quarry and Mining Equipment Ltd (QME) rights and the option, on completion of a prefeasibility study, to fund the mine development of the base and precious metals project on Parys Mountain, Anglesey. The company is also looking at various financing options to make progress with the project which was incorporated […]
Anglesey appoints Jonathan Battershill as CEO
Anglesey Mining plc has appointed Jonathan (Jo) Battershill as new chief executive, replacing Bill Hooley, and a director with effect from 1 August 2021. The group also hopes to appoint in the coming weeks two non-executive directors. Mr Battershill, 50, is a mining geology graduate from Camborne School of Mines and has extensive operational and financial […]
Anglesey Mining CEO Bill Hooley to step down
Anglesey Mining plc announced that chief executive Bill Hooley is to step down after 15 years in the role and become deputy chairman effective from 1 August 2021. He became the company’s CEO in 2006 and has overseen operations for Parys Mountain as well as being president of Labrador Iron Mines. Mr Hooley directed the […]
Anglesey looks to 2Mt iron ore production at Labrador
Anglesey Mining plc announced a projected production of 2 million tonnes iron ore per annum at its Canadian interest. The company holds a 12% interest Labrador Iron Mines Holdings Ltd (LIMH) which has released the details of a preliminary economic assessment (PEA) on its 52% owned Houston project. LIMH holds direct shipping iron ore deposits […]