Company Information for Anglesey Mining Plc

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Company Statement

Anglesey Mining plc is a UK based company with a full London Stock Exchange listing which currently holds:

The Labrador Iron Ore project, currently under active development, which is scheduled to produce direct shipping lump and sinter fine ores in mid 2010. This project is fully funded and has relatively low capital expenditure requirements. The major iron ore deposits comprised in the project were previously operated by the Iron Ore Company of Canada. Anglesey holds 50% of Labrador Iron Mines Holdings Limited (TSX:LIR) which owns 100% of the Schefferville iron ore project. See the Labrador Iron Mines Holdings website for further details. 

The historically important Parys Mountain zinc-copper-lead deposit in North Wales, UK with a total resource of 7.76 million tonnes.

Current Operations

• Labrador Iron Mines - Schefferville ProjectDirect shipping lump and sinter fines hematite iron ore in Labrador
• Project already partially developed - 
  - short time to production - scheduled for mid 2010
  - low capital expenditure requirements - fully funded
• Existing rail transportation, deep water ports, shipping facilities and hydro power
• Target production of 1.3 million tonnes per year by 2010, increasing to 3.5 million tonnes after 3 years
• Potential mine life of more than 20 years
• Former operations of the Iron Ore Company of Canada

Also see the Labrador Iron Mines website

Geographical Spread

The Labrador Iron Ore Project is near Schefferville in the province of Newfoundland and Labrador, Canada.




The Parys Mountain property is in Anglesey, North Wales, UK.

Board of Directors and Key Management

Directors
John Kearney	Chairman
Bill Hooley	Chief executive
Ian Cuthbertson	Finance director
Non-Executive Directors
David Lean
Howard Miller
Roger Turner
Danesh Varma

Company Address Parys Mountain, Amlwch Anglesey, Wales, Gwynedd, United Kingdom LL68 9RE Telephone: +44 1248 361333 Facsimile: +44 1248 361419 Email: mail[at]angleseymining.co.uk Website: http://www.angleseymining.co.uk

Annual General Meeting September in London

Year End 31 March

Broker/Analyst Reports

01/10/09 - Edison Investment Research - Report on Anglesey Mining Labrador project
25/09/09 - Jennings Iron Ore Report

Major Shareholders

Shareholder	Number of shares	Percentage
Juno Limited*	57,924,248	38.0
Passport Special Opportunities Master Fund LP	17,500,000	10.3
Morgan Stanley Securities Ltd.	10,652,000	7.0

Related News

18/02/10 - Anglesey Mining Offers Investors A Cheap And Easy Way Of Playing The Strengthening Iron Ore Markets
01/09/09 - Iron Ore In Labrador Is Now The Main Game In Town For Anglesey Mining, And Production Isn’t Far Off
29/04/09 - Anglesey Mining Is Looking Forward To First Iron Ore Production From The Schefferville Project In Labrador
04/11/08 - Anglesey Mining Offers Something For Nothing As Labrador Iron Mines Closes In On Production
14/04/08 - Anglesey Mining Sells Out Of Parys Mountain
26/02/08 - Hidebound At Anglesey, Chomping At The Bit At Labrador

Most Recent Statement

08/03/10 - Trading Statement - Labrador Iron financing increased to C$35 million (£22.6 million)
05/03/10 - Trading Statement - Labrador Iron financing for C$25 million
05/03/10 - Trading Statement - Labrador Iron financing for C$25 million
17/02/10 - Interim Management Statement - and Labrador Iron update
16/02/10 - Trading Statement - Labrador Iron receives Government Environmental Approval for iron ore operations
17/12/09 - Trading Statement - Labrador acquires 50mt iron ore and initiates manganese development