Transaction information

Transaction date: Sep 11
Transaction type: Placing
Amount: £1.2 M

Company information

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

Their assets comprise 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.

Angel Mining's strategy is to specialise in small high-grade mines, allowing them to operate efficient mines, and use working practices that are appropriate to the skill base of the local workforce so where practical, people and machinery are interchangeable between sites.