Values

Integrity and honesty
Professionalism
Engagement with local communities
Environmentally responsible
Innovation

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Welcome

Angel Mining plc grew out of the exploration company Angus and Ross plc and is now a cutting edge mining operation focussed on Greenland.

We mine precious and semi-precious metals such as gold, silver, zinc and lead but in the future this list is likely to expand to include coal and other minerals.

We are the only mining company solely focussed on Greenland and as such intend to make a significant contribution to the wellbeing and fortune of the local community.

We specialise in small high-grade mines and our resourceful approach allows us to build efficient mines.

We use working practices that are appropriate to the skill base of the local workforce so where practical, people and machinery are interchangeable between sites

We develop innovative techniques such as building processing plant within the mine, which cuts handling and transportation costs and dramatically reduces risk of environmental contamination.

We do not intend to dissipate our efforts by operating on several sites scattered around the globe. Being focused on Greenland means we keep administration costs under control and enables us to grow efficiently from an established base.

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21 January 2010

Shareholder Update

2009 was a transformational year for the Company. The acquisition of the Nalunaq gold mine (“Nalunaq”) in Greenland, as first announced on 1 July 2009, has accelerated the point at which the Company will be cash generative as production is now imminent. Permitting by the... More...
14 January 2010

Total Voting Rights

For the purposes of the Financial Services Authority’s Disclosure and Transparency Rules, the total number of ordinary shares of 1p each in the capital of the Company in issue as at the date of this notice is 294,530,552 with each share carrying the right to... More...
24 December 2009

Sale of Greenland Resources Ltd (“GRL”)

The Company announces that it has entered into an agreement for the sale of GRL, a wholly owned subsidiary, which has the exploration licence for the rare earth project in Southern Greenland, known as Motzfeldt. An Australian private group has formed a new company, Greenland Resources... More...
30 November 2009

Director’s shareholding

The Company announces that it received notification today that on 26 November and 27 November Frank Chapman, Non-executive Chairman, acquired, in aggregate, 300,000 ordinary shares of 1p each in the Company (“Ordinary Shares”) at 5p per share. Following this acquisition, Frank Chapman is interested in... More...
26 November 2009

Award of jointly held incentive shares

The Company announces that pursuant to the commencement of a Joint Ownership Share Plan (“JSOP”) the following directors of the Company have acquired an interest in new ordinary shares of 1p each in the Company (“Ordinary Shares”), which they hold jointly with an Employee Benefit... More...
25 November 2009

Board resignation

The Company announces that Paul Williams, Finance Director, is resigning with effect from 30 November 2009. He will continue to serve as part-time Company Secretary. Paul was recently appointed Executive Chairman of Eatonfield Group plc and will now join them on a near full-time basis.... More...
25 November 2009

Interim Figures

I am pleased to be able to report my first set of interim figures since my appointment as Chairman on 21 August 2009. The Company, recorded a profit of £528,958 for the period, thanks mainly to some unexpected currency gains, and has seen the following substantial... More...
24 November 2009

Issue of Equity

The Company announces that it has raised £125,000 through the issue of 2,727,791 new ordinary shares of 1p each in the Company (“Ordinary Shares”) at approximately 4.6p per share under the terms of the Standby Equity Distribution Agreement announced on 27 April, 2009. Application will be... More...