Anglesey Mining plunges on uncertain outlook
27th Nov 2015 15:49
(ShareCast News) - Shares in Anglesey Mining plunged over 17% on Friday, after the miner warned its medium-term outlook remained unclear. In the six months to the end of September, the group said its pre-tax loss narrowed from £878,908 to £135,949 as an impairment of approximately £700,000 the compa
Read moreAnglesey Mining buys into Sweden's Grangesberg iron project
29th May 2014 13:39
Anglesey Mining has agreed to acquire a controlling interest in the Grangesberg iron project in Sweden. Prior indications are that Grangesberg, which was closed in 1989, has at least 115m tonnes of iron ore containing around 40% iron, with geological conditions that Anglesey said make the project w
Read moreBad weather and contractor problems hit Anglesey Mining
15th Aug 2013 11:51
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
Read moreAnglesey Mining leaps on new deal
14th May 2013 14:28
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
Read moreResources round-up: Anglesey Mining, Chariot, Empyrean...
27th Jul 2012 14:36
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
Read moreBlockade lifted at Anglesey mine
9th Jul 2012 13:49
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
Read moreResources round-up: International Mining, African Minerals, Urals Energy
4th Jul 2012 10:36
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
Read moreAnglesey Mining eyes possible sale of Parys Mountain
11th Jan 2012 11:28
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
Read moreAnglesey sees operations accelerating in Quebec with new train
6th Sep 2011 14:23
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
Read moreSmall caps round-up: Anglesey Mining, Blavod, Boomerang
26th Nov 2010 14:53
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
Read moreSmall caps round-up: Beowulf, Anglesey Mining, Avocet...
16th Sep 2010 13:35
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
Read moreSmall caps round-up: Plantic Technologies, Acal, Anglesey
29th Jul 2010 12:51
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
Read moreAnglesey Mining: Labrador Iron Mines Gets Approval Certificates
29th Jul 2010 07:52
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
Read moreUK SMALLCAP ROUNDUP: Anglesey Mining Down On Quebec Dispute
10th Jun 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps ANGLESEY MINING PLC (AYM.LN), an iron ore miner, Thursday said Quebec Innu are planning to set up a barricade in Canada that could block access to Labrad
Read moreAnglesey Mining Unit Remains In Talks With Quebec Innu
10th Jun 2010 07:40
LONDON (Dow Jones)--Anglesey Mining PLC (AYM.LN) said Thursday that its 41% owned associate company Labrador Iron Mines Holdings Limited (LIM.T) has recently been in negotiations towards an Impact Benefit Agreement with the Innu Community of Matimekush-Lac John (Schefferville), one of four First Nat
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