Finance Metals & Minerals News

Anglesey notes strategic investment in Labrador

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 […]

Metals & Minerals News

Anglesey marks start of Labrador iron mine PEA

 Anglesey Mining plc said that a preliminary economic assessment (PEA) on its Houston iron project in Labrador, Canada has started and is due to be completed before the end of 2020. The base and precious metals exploration company, whose main project is Parys Mountain 100%-owned gold mine on Anglesey, holds a 12% interest in Labrador […]