Last checked at 24 Nov 2015 07:00
ANGLESEY MINING PLC - Appointment of BrokerANGLESEY MINING PLC - Appointment of Broker
PR Newswire
London, November 23
Anglesey Mining plc
24 November 2015 LSE:AYM
Appointment of Broker
Anglesey Mining plc (LSE: AYM) (“Anglesey” or the "Company") is pleased to announce the appointment of Beaufort Securities Limited as the Company’s corporate broker with immediate effect.
About Anglesey Mining plc
Anglesey is carrying out exploration and development work at its 100% owned Parys Mountain zinc copper-lead deposit in North Wales, UK where a JORC Code compliant resource of 2.1mt at 6.9% combined base metals in the indicated category and 4.1mt at 5.0% combined in the inferred category was published in November 2012.
Anglesey holds a direct 6% interest as well as management and a right of first refusal over a further 51% of Grangesberg Iron AB which is developing the Grangesberg iron ore project in central Sweden. In September 2014 Grangesberg published an independent NI 43-101 compliant resource estimate of 115 million tonnes of iron ore at 40.2% Fe. This resource is based around and below significant underground workings of prior operations that closed in 1990.
Anglesey holds 15.3% of Labrador Iron Mines Holdings Limited which over the three years 2011 to 2013 produced about 3.5 million tonnes of iron ore from its operations in Canada, all of which was sold to China.
For further information, please contact:
Bill Hooley, Chief Executive +44 (0)1492 541981;
Danesh Varma, Finance Director +44 (0)207 653 9881;
Jon Belliss, Beaufort Securities Limited +44 (0)20 7382 8300