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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.
Business Category Exploration; Mining
Regions of Operation North America; Europe
Exchange Ticker AYM
 

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Parys Mountain
  • Amlwch
  • Anglesey
  • LL68 9RE
  • United Kingdom
 
 

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