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Share Price: 1.45

Bid: 1.30

Ask: 1.60

Change: 0.00 (0.00%)

Spread: 0.30 (23.077%)

Open: 1.45

High: 1.45

Low: 1.45

Prev. Close: 1.45

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IN BRIEF: Anglesey to start drilling at Parys Mountain in November

Wed, 20th Oct 2021 13:32

Anglesey Mining PLC - interests in projects in Wales, Sweden and Canada - Secures a drill rig for the first drilling programme at Parys Mountain in Wales since 2012, which is set to commence in early November. Anglesey says a nine-hole programme for 2,750 metres of diamond core drilling has been designed to provide additional information on resource confidence, geotechnical domains, and metallurgy. "With the drilling at Parys Mountain expected to commence in early November, we would expect to have results coming back to us during the first quarter of 2022," says Chief Executive Jo Battershill.

Current stock price: 4.49 pence, down 2.2% on Wednesday

Year-to-date change: down 31%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

More News

9 Feb 2023 14:26

IN BRIEF: Anglesey Mining issues shares for Grangesberg acquisition

Anglesey Mining PLC - mining company with operations in north Wales, Sweden and Canada - Says that its acquisition of a 30% stake in Grangesberg Iron AB from Roslagen Resources AB has been completed, bringing its stake to 50%. Says it will issue 12.5 million new shares at 3 pence per share to Roslagen, with admission to trading expected around February 14. Roslagen will hold 4.9% of Anglesey following the issue of the consideration shares.

12 Jan 2023 15:35

Anglesey acquiring another 29.8pc of GIAB

(Sharecast News) - UK minerals developer Anglesey Mining has agreed to acquire an additional 29.8% of Grängesberg Iron (GIAB), it announced on Thursday, which owns the Grängesberg iron ore project in Sweden.

28 Nov 2022 13:32

Anglesey Mining 'excited' after Northern Zone review

(Sharecast News) - UK-based minerals developer Anglesey Mining reported on an internal review of the Northern Copper Zone at Parys Mountain on Monday, describing it as an "exciting opportunity".

28 Nov 2022 11:38

IN BRIEF: Anglesey Mining touts elements estimates at Parys mountain

Anglesey Mining PLC - mining company with operations in north Wales, Sweden and Canada - Posts conclusions from internal review of the northern copper zone at Parys mountain in Anglesey, Wales. Infers up to 5 grams of silver per tonne and 0.1 grams of gold per tonne. Further, estimates up to 1.27% copper, 0.38% zinc and 0.24% lead.

25 Nov 2022 12:02

Anglesey Mining touts progress on operations as interim loss widens

(Alliance News) - Anglesey Mining PLC on Friday published its half-year report for the six months to September 30, posting an optimistic outlook.

21 Oct 2022 07:32

IN BRIEF: Anglesey Mining hails rare minerals assay results in Wales

Anglesey Mining PLC - mining company with operations in north Wales, Sweden and Canada - Touts mineral finds from Parys Mountain on the Isle of Anglesey in north west Wales. Finds up to 16 grammes of gold and 365 grammes of silver per tonne of ore. Further, finds up to 2.7% copper and 19% zinc.

9 Sep 2022 06:59

IN BRIEF: Anglesey Mining posts widened loss; tips minerals in Wales

Anglesey Mining - Mining company with operations in north Wales, Sweden & Canada - On Thursday, posts widened loss in financial year ended March 31. Annual pretax loss widens to GBP693,242 from GBP328,518 a year prior. Makes no revenue, as year before. Expenses multiply to GBP528,045 from GBP162,824.

19 Jul 2022 15:48

Anglesey upbeat on Grangesberg study results

(Sharecast News) - Anglesey Mining announced results from the recently-completed pre-feasibility study update for the Grängesberg iron ore project in Sweden on Tuesday, where it holds an almost 20% interest together with management rights and a right of first refusal to increase its interest to 70%.

19 Jul 2022 11:43

IN BRIEF: Anglesey Mining shares rise on iron pre-feasibility study

Anglesey Mining PLC - London-based mining company with operations in north Wales, Sweden & Canada - Completes pre-feasibility study on Grangesberg iron ore project in Sweden. Anticipates to produce 2.3 to 2.5 million tonnes of iron ore concentrate per year at a concentrate of 70% iron.

18 Jul 2022 07:52

IN BRIEF: Anglesey Mining hails Parys Mountain drill results

Anglesey Mining PLC - London-based mining company with operations in north Wales, Sweden & Canada - On Friday posts assay results from Parys Mountain on the isle of Anglesey, Wales. Finds up to 95 grammes of silver per tonne and up to 0.8 grammes of gold per tonne. "Given the results, we are very confident that a significant portion of the currently inferred material will be upgraded to indicated. The importance of this should not be discounted given inferred resources are not permitted to be included in reserve estimates," says Chief Executive Jo Battershill.

15 Jul 2022 13:14

Anglesey advances work in Wales, Sweden

(Sharecast News) - Anglesey Mining said in an update on Friday that it was continuing to advance work programmes at both its Parys Mountain Cu-Zn-Pb-Ag-Au VMS project on the Isle of Anglesey in North West Wales, and its Grängesberg iron ore project in Sweden.

7 Jul 2022 08:36

IN BRIEF: Anglesey's Labrador Iron Mines wins USD4 million investment

Anglesey Mining PLC - London-based mining company with operations in north Wales, Sweden & Canada - Says Labrador Iron Mines, in which it has an 11% interest, receives USD4 million investment from Scully Royalty Ltd. "The proceeds of the strategic investment will be used as working capital to advance the Houston project through a number of initiatives, expected to culminate in a preliminary feasibility study in 2023," Anglesey Mining explains. The investment consists of a USD3 million equity component and a USD1 million convertible credit facility.

8 Jun 2022 14:31

IN BRIEF: Anglesey Mining reports sudden death of deputy chair

Anglesey Mining PLC - London-based mining company with operations in north Wales, Sweden & Canada - Says its Deputy Chair Bill Hooley passed away on Tuesday. Hooley had been with the company since 2007.

17 May 2022 18:04

IN BRIEF: Anglesey Mining raises GBP952,622 for working capital, Parys

Anglesey Mining PLC - London-based mining company with operations in north Wales, Sweden & Canada - Raises GBP864,416 through a placing of 22.8 million shares at a price of 3.4 pence per share, and an additional GBP88,206 via subscription of 2.6 million shares by certain directors at the issue price.

16 May 2022 19:35

IN BRIEF: Anglesey Mining to raise GBP865,000 to advance Parys project

Anglesey Mining PLC - London-based mining company with operations in north Wales, Sweden & Canada - Intends to raise GBP865,000 through placing and subscription of shares at a price of 3.4 pence each.

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IN BRIEF: Anglesey to start drilling at Parys Mountain in November

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