Yes, heard it on the news as well. Seems a bit fishy. They already have a
600 m deep shaft. Shares were 4p each. DEB bought a load at £2.50. Will
follow this with interest.
Cheers - Tony Oldham
Duncavin
1 Riverside Mews
CARDIGAN
SA43 1DH
United Kingdom
http://www.sat.dundee.ac.uk/~arb/speleo/guides.html
http://www.showcaves.com
http://www.mike.munro.cwc.net/mining/tony_o/tonyo_hp.htm
http://www.stonemanfamily.co.uk/
>From: Peter Challis <[log in to unmask]>
>Reply-To: "The mining-history list." <[log in to unmask]>
>To: [log in to unmask]
>Subject: Parys Mine- reborn- again?
>Date: Mon, 13 Jun 2005 13:03:04 +0100
>
>Today's Guardian carries a half page article on the re-opening of Parys
>Mine. Apparently Anglesey Mining Co. believes it is a viable proposition
>to extract 350,000 tonnes of ore per annum for the next 6-7 years, the
>metal extracted would, the article claims, be worth, "at least £250m".
>
>This renewed optimism is apparently due to the rising price of zinc,
>because, according to the Guardian, Russia has almost stopped exporting
>zinc and China is importing it. It is further claimed that the renewed
>mining will create 100 jobs at the mine and many more ancillary jobs on
>this economically deprived island.
>
>A drilling rig, which arrived, "from Ireland this week" is said to be
>generating the, "curiosity and excitement of the residents", because,
>"more exploratory work is needed ahead of, its supporters hope, the start
>of major mining work".
>
>Maybe time to top up one's shares in Anglesey Mining Company!?
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