Anglesey Mining PLC (AIM:AYM) said its objective this year is to progress the re-permitting of Parys Mountain, the key aspect of which is the assessment of environmental and social impacts.
“We are developing action plans to avoid, mitigate and where necessary compensate for the adverse impacts of the future mining and processing operations, communicating and setting these out publicly and responding to comments and questions,” said Rob Marsden, chief executive.
At the operational level, Anglesey added it will consolidate and cross-reference the large amount of data on the geology of Parys that has been observed, measured and collected since the 1960s.
That will involve re-sampling and re-logging, and in some cases first-time sampling, of exploration drill core obtained in previous drilling campaigns, especially geology exposed in the excavated 280m below surface)level in the modern underground mine when it was open in 1990.
Elsewhere, Anglesey said it wants to engage with a range of potential partners to progress the development of the Grängesberg mine in Sweden to give more time to focus on Parys Mountain.
Losses in the year to end March 2024 were £1.2 million ( 2023: £986,000).