(Alliance News) - Anglesey Mining PLC on Tuesday said its Environmental Impact Assessment scoping report for the Parys Mountain mine has been approved by Anglesey County Council. This marks a step forward in the company's efforts to restart mining operations at the site in North Wales. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - Anglesey Mining PLC on Wednesday reported that zinc has been added to the UK Critical Minerals List with management hailing the recognition of minerals that make up its resource. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday, and in the case of Powerhouse Energy on September 19, and not separately reported by Alliance News: Read More
Anglesey Mining PLC - mining company with operations in Wales, Sweden and Canada - Announces the formal submission on July 31 of the environmental impact assessment scoping report for the Parys Mountain mine to the North Wales Minerals & Waste Planning Service. Says this "important project milestone" follows "almost two years of extensive studies and work" with expenditure totalling nearly GBP300,000, and is part of the first stage in the EIA process. Says the scoping report "sets out the project's perceived impacts, specifically identifying any crucial and significant impacts". Notes that at this stage "the project description remains indicative and will be refined following ongoing mining engineering studies, economic analysis and discussions with neighbours, the wider community and other stakeholders". Adds however that it has no plans for an open pit or opencast mining. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week Friday and not separately reported by Alliance News: Read More
Anglesey Mining PLC - mining company with operations in Wales, Sweden and Canada - Assays show NCZ003 well at northern copper zone of Parys Mountain asset in Wales "intersected a significant zone of mineralisation". The firm says: "As with the previous two holes in the programme, NCZ003 intersected both broad zones of mineralisation and multiple higher-grade zones. Importantly, the drilling is demonstrating good continuity and further supports the integrity of the geological model and drill targeting, with indications of greater mineralised volumes overall." Read More
Anglesey Mining PLC - Mining company with operations in Wales, Sweden and Canada - Appoints Robert Marsden as new chief executive officer from May 1. He is a mining engineer with 29 years of international experience and held technical, operational and management roles at Rio Tinto PLC for 18 years. Interim Chair Andrew King says: "Having already spent some time with him at Parys Mountain, it is clear Rob has the skillset to oversee the evolution and development of Parys Mountain and, like us, he is enthused by the latest drilling results and grade continuity. As we await the assay results for drill hole NCZ003, I am very much looking forward to his input and perspective as we seek to progress both this project and the company more generally in the future." Marsden succeeds Jonathan Battershill, who retired from his role at the end of 2023 but continues on the board of the company as non-executive director. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Anglesey Mining PLC - Base metals miner with operations in North Wales, Sweden and Canada - Provides an upbeat update on its drilling program at the Parys Mountain project on the Isle of Anglesey in north-west Wales. Says drill hole NCZ002 is recently completing with a 107-metre apparent thickness zone of visible sulphides identified between 413 metres and 520 metres downhole. Results were dispatched to ALS laboratory on Friday, with results expected in the next few weeks. "I am delighted to report that ongoing drilling of the Northern Copper Zone is confirming that Parys Mountain has a significant zone of copper dominant mineralisation within an area 600 to 700 metres along strike and 300 to 400m down dip. Widths of mineralisation appear to be averaging over 20 metres in this zone with copper equivalent grades of between 1.0 – 1.3%," says Interim Chair Andrew King. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
Anglesey Mining PLC - Base metals miner with operations in North Wales, Sweden and Canada - Finds 22.0 metre intersection with 3.7% copper equivalent in hole NCZ001 in the Garth Daniel zone on Parys mountain on the Isle of Anglesey in north west Wales. Further, finds 0.7 grams of gold per tonne and 16 grams of silver per tonne at an intersection of hole NCZ001 in the northern copper zone. Interim Chair Andrew King says: "Infill drilling of these mineralised zones will play a crucial role in the development studies for Parys mountain. The primary target for this program is to provide additional pierce points to enable the current 'inferred' resources to be upgraded to the 'indicated' category. The second drill hole, NCZ002, is currently at a depth of around 360 metres with the northern copper zone target estimated to commence at a downhole depth of around 420 metres." Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued in the past week and not separately reported by Alliance News: Read More
Anglesey Mining PLC - Base metals miner with operations in North Wales, Sweden and Canada - Confirms completion on Monday of first drill hole into the Northern Copper Zone, NCZ001, at its Parys Mountain project on the Isle of Anglesey. NCZ001 was modelled to intersect two potential sulphide mineralisation zones. Says interpreted Northern Copper Zone has, "as expected", varying sulphide accumulation levels. Nearest hole to NCZ001 intersected two zones with grades including 1.20% copper and 1.42% copper equivalent back in the 1970s. Lower zone of aforementioned sulphide accumulation "demonstrates areas with very high levels of chalcopyrite". Firm was however unable to complete the downhole Muon survey on NCZ001 due to a zone of broken ground. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Anglesey Mining PLC - Base metals miner with operations in North Wales, Sweden and Canada - Hails results from metallurgical testwork on the White Rock and Engine zones at its Parys Mountain project on the Isle of Anglesey. Results include 0.7 grammes of gold per tonne and 49 grams of silver. Company also finds 3.60% zinc, 3.08% lead and 0.42% copper. Preliminary results demonstrate "higher recoveries than those achieved in historical testing". Company expects results from other testwork over the next two to three weeks. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and Friday and not separately reported by Alliance News: Read More