Metals & Minerals News

Anglesey assays show mineralised system at White Rock

Anglesey Mining plc said its second round of assay results showed an “extensive mineralised system” in the White Rock deposit at the company’s polymetallic project on Parys Mountain on Anglesey, Wales. WHITE ROCK The company, which owns 100% of the copper-zinc-lead-silver-gold volcanogenic massive sulphide project, added that the results also showed multiple broad intercepts. Micon […]

Finance Metals & Minerals News

Anglesey notes strategic investment in Labrador

Anglesey Mining plc said that its Canadian investee company Labrador Iron Mines Holdings Ltd (LIM) announced a US$4 million strategic investment by Scully Royalty Ltd. SCULLY ROYALTY Anglesey Mining holds 19.3 million shares in LIM, which will equate to 11.0% of the company after the issuance of new shares to Scully Royalty Ltd. Scully’s strategic […]

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 […]

Metals & Minerals News

Obituary – Anglesey former CEO Bill Hooley

Anglesey Mining’s deputy chairman and non-executive director D. William (Bill) Hooley, who had more than fifty years’ experience in minerals operations and management, died suddenly on 7 June 2022. He previously held the post of chief executive officer of the company from 2006 to 2021. From 2007, Mr Hooley was also a director and deputy […]

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 […]