Anglesey Mining Share News (AYM)

Anglesey Mining To Acquire Controlling Stake In Grangesberg Iron

LONDON (Alliance News) - Anglesey Mining PLC Thursday said it has made an agreement giving it the right to acquire a controlling interest in the Grangesberg Iron project in Sweden from Roslagen Resources AB, a Swedish private company. In a statement, Anglesey said it has initially bought a

Anglesey Pretax Loss Narrows But Sees Continued Investment Losses In Partner

Anglesey Mining Says Labrador Iron Mines Has Completed JV Deal

Bad weather and contractor problems hit Anglesey Mining

Bad weather and delays involving contractors hit Canadian iron ore operations part-owned by Anglesey Mining, knocking its shares. Anglesey, whose major business is its 15% stake in Toronto-listed Labrador Iron Mines (LIM), blamed rough weather in March and April and slower-than-expected contractor

Anglesey Mining leaps on new deal

Anglesey Mining's associate, Labrador Iron Mines (LIM), has signed a two-year agreement with the Iron Ore Company of Canada (IOC) for the sale of all of LIM's iron ore production in the 2013 and 2014 calendar years. IOC will pay for the iron ore progressively, as the ore is resold, with the price

STOCKS NEWS EUROPE-UK small caps tick higher early on

The FTSE Small Caps index gains 0.05 percent in morning trade, tracking similar modest gains by the FTSE 250 index, also up 0.05 percent, with the FTSE 100 index flat. Premier Foods gains 2.3 percent as the food producer confirms that fourth-quarter 2012 trading was in line with its expecta

Resources round-up: Anglesey Mining, Chariot, Empyrean...

Empyrean Energy said the average daily equivalent oil rate at the Tipton Jonas well over the past 30 days was 595 barrels of oil equivalent per day (boe/d), with a total condensate production of 15,101 barrels and total gas production of 16.5m square cubic feet (scf). At the Brysch Jonas B well it w

Blockade lifted at Anglesey mine

Anglesey Mining said a blockade by locals at Labrador Iron Mines (LIM), in which it owns a minority stake, had been lifted after five days. Locals were staging a protest against the Quebec 'resource development plan', also known as Plan Nord. This economic strategy, launched last year by the gover

Resources round-up: International Mining, African Minerals, Urals Energy

International Mining and Infrastructure Corporation rose 9% on Wednesday morning after it said its strategic partner had signed an agreement that will see its iron sold to the Chinese market. The firm's partner, African Iron Ore Group, has signed the deal with China Railway Materials Company, one of

Anglesey Mining eyes possible sale of Parys Mountain

Anglesey Mining gained as much as 8% this morning, before falling back to its overnight closing level, after announcing new drilling at its 100% owned Parys Mountain site in North Wales. The company says it will initially drill 4 holes to assess the remaining copper, zinc and lead resources at the

Anglesey sees operations accelerating in Quebec with new train

A second train is now operating at Anglesey Mining's part-owned James Mine and Silver Yards processing plant in Quebec, enabling its 33%-owned associate Labrador Iron Mines to ramp up the movement of iron ore. "This second train will permit the rapid acceleration of the tonnage of iron ore moving t

Small caps round-up: Anglesey Mining, Blavod, Boomerang

Anglesey Mining has reported 'excellent progress' in its iron projects in Western Labrador and Quebec in the half year to September 30. 'Mining and production activities are planned to commence in April 2011,' the company said. Pre-tax losses during the period widened to £756,000 from £368,000 ove

Small caps round-up: Beowulf, Anglesey Mining, Avocet...

Mineral exploration outfit Beowulf has added ground after finishing its 32-hole drill programme on its wholly-owned Kallak iron ore deposit in northern Sweden. "We remain convinced of the quality and quantity of our iron ore assets and firmly believe that Kallak will prove to be a major iron ore bo

Small caps round-up: Plantic Technologies, Acal, Anglesey

Shares in Plantic Technologies soared more than 50% after the biodegradeable plastics outfit agreed an 8p per share offer from a company controlled by Gordon Merchant, one of its directors. Acal, which provides technology products and services across Europe and South Africa, said underlying sales

Anglesey Mining: Labrador Iron Mines Gets Approval Certificates

LONDON (Dow Jones)--Anglesey Mining PLC (AYM.LN), a U.K.-based mining company, said Thursday its 41% owned associate company Labrador Iron Mines Holdings Ltd. (LIM.T) has reported that on July 27 it received Certificates of Approval for the construction of its mining facilities from the Government o