Metals & Minerals News

Obituary – executive and Anglesey NED Howard Miller

Mining executive and non-executive director of Anglesey Mining plc Howard Miller died on 22 December after a short illness. Mr Miller had been NED of Anglesey since 2001 and served as lead independent director from 2013 until his death. He began his career as a lawyer in South Africa, rising to senior partner at Johannesburg […]

Metals & Minerals News

Anglesey review shows ‘substantial upside’ at Parys

Anglesey Mining plc plans work programmes in the Northern Copper Zone (NCZ) after an internal review showed a “substantial upside” to the existing resource base at its Parys Mountain copper project. NORTHERN COPPER ZONE The company said that the NCZ, discovered in 1962, was interpreted as the downdip extension of the historical open pit mined […]

Metals & Minerals News

Anglesey assays indicate extensive mineralised system

Anglesey Mining plc’s reported further representation of an extensive mineralised system from multiple broad intercepts at its Parys Mountain polymetallic project on Anglesey. FINAL HOLES The company, exploring for copper, zinc, lead, silver and gold volcanic massive sulphide deposits, drilled a total of ten holes as part of the 2022 infill drilling programme. Today’s published […]

Metals & Minerals News

Anglesey issues 38% premium share options to PDMRs

Anglesey Mining plc granted a total of 10,900,000 share options to directors and employees at a premium of 38%. DIRECTORS The share options have an exercise price of £0.04, a premium to the closing share price of £0.029 on 3 August 2022. The vesting conditions comprise 25% each on the dates 31 March 2023, 30 […]

Metals & Minerals News

Anglesey Mining starts work on Parys TMS

Anglesey Mining plc has started work on the tailings management system (TMS) for its base and precious metals project at Parys Mountain in North Wales. KNIGHT PIÉSOLD Parys Mountain hold a copper-zinc-lead-silver-gold with a 2020 reported resource of 5.2 million tonnes at 4.3% combined base metals in the indicated category and 11.7Mt at 2.8% combined […]

Finance Metals & Minerals News

Anglesey PFS shows Grängesberg potential

Anglesey Mining plc said that the Grängesberg iron ore project in Sweden could resume mining as one of Europe’s largest individual producers of iron ore concentrates. PRODUCTION Micon International’s revised pre-feasibility study shows post-tax net present value (NPV) of US$688 million, based on 2.3 – 2.5Mtpa of iron ore concentrate production grading 70% Fe. Post tax […]