Metals & Minerals News

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 […]

Finance Metals & Minerals News

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 […]

Metals & Minerals News

Galantas extends metals licences for Irish subsidiary

Galantas Gold Corporation has been granted additional licences to increase its base and precious metals prospecting area in Ireland. FLINTRIDGE RESOURCES The Canadian company’s local operating subsidiary Flintridge Resources Ltd has expanded its two areas in Co. Leitrim, increasing the total exploration land package by 47.8km2 to 159.4km2. In October 2021, the Minister for the Environment, […]

Metals & Minerals News

CAML reports strong Q1 at Kounrad and Sasa

Central Asia Metals plc said it was on course to meet its full-year production guidance at its copper recovery plant in Kazakhstan and zinc-lead mine in North Macedonia. KOUNRAD Chief executive Nigel Robinson said the company had recorded a strong performance during Q1 at Kounrad in Kazakhstan. Central Asia Metals’ copper production at the dump […]

Metals & Minerals News

Anglesey Mining plans move to AIM

Anglesey Mining plc said it looked for greater flexibility and potential tax benefits for investors in its proposed move to the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). STRATEGY Anglesey also proposes cancelling admission of the company on the premium segment of the Official List and to trading on the LSE’s main […]