Company News: Anglesey Mining
Updated: 14 Mar 2011
Anglesey holds 41% of Toronto-listed Labrador Iron Mines Holdings Limited (TSX:LIM) which is developing twenty direct shipping iron ore deposits in western Labrador and north-eastern Quebec. LIM’s properties are part of the historic Schefferville area iron ore district where mining of adjacent deposits was previously carried out by the Iron Ore Company of Canada from 1954 to 1982.
Commercial production is planned for April 2011 with forecast shipments of 1.5 million tonnes of direct shipping lump and sinter fine hematite iron ores for 2011, rising to 6 million tonnes annually after several years. See the Labrador Iron Mines website for further details.
Anglesey also has 100% of the Parys Mountain zinc-copper-lead deposit in North Wales, UK with a total historical resource in excess of 7 million tonnes at over 9% combined copper, lead and zinc.
Commercial production is planned for April 2011 with forecast shipments of 1.5 million tonnes of direct shipping lump and sinter fine hematite iron ores for 2011, rising to 6 million tonnes annually after several years. See the Labrador Iron Mines website for further details.
Anglesey also has 100% of the Parys Mountain zinc-copper-lead deposit in North Wales, UK with a total historical resource in excess of 7 million tonnes at over 9% combined copper, lead and zinc.
Business Category Exploration; Mining
Regions of Operation North America; Europe
Exchange Ticker AYM
Financial Information
Stock Feed
Exchanges listed on LON
Share Holders
Market Cap
Shares Issued
Parys Mountain
- Amlwch
- Anglesey
- LL68 9RE
- United Kingdom
Most Recent Company News
- Labrador to develop iron ore through placement - 08 Apr 2011 11:51am
Labrador Iron Mines Holdings Ltd, in which AIM-listed Anglesey Mining plc owns a 41% share, has secured an agreement to raise C$110 million for further development of its Canadian properties Read more... - Denault estimate - 11 Mar 2011 11:22am
Labrador Iron Mines Holdings Ltd has updated a resource estimate for the Denault iron-ore deposit near Schefferville in Quebec, according to 41%-owner Anglesey Mining plc Read more... - Labrador Iron Mines strikes deal with locals - 10 Sep 2010 10:54am
Labrador Iron Mines Holding Ltd (LIM) has reached an agreement with First Nation (Innu) leaders in western Labrador and north-east Quebec to remove barriers that have been restricting access to the company’s iron-ore projects around the town of Schefferville Read more... - LIM completes financing - 01 Apr 2010 11:07am
Anglesey Mining plc’s 50%-owned associate Labrador Iron Mines (LIM) has completed an offering of C$30 million (US$29.4 million) in common shares and C$5 million in flow-through shares Read more...
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