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Anglesey Mining aim to transform mining industry on North Wales island

Anglesey Mining PLC's (LON:AYM) Bill Hooley talks to Proactive London about the results of their preliminary economic assessment (PEA) of the Parys Mountain copper-zinc-lead-gold-silver project.

Hooley explains the benefits of working on the island of Anglesey in North Wales, given that it is in the United Kingdom, which means a lot of the infrastructure is already in place.

This latest assessment is based around an updated resource estimate of 5.2mln tonnes of indicated together with 11.7mln tonnes of inferred ore. Hooley says they have two years of hard work ahead before they start producing, with a mine life of twelve years that will create up to 150 jobs for Anglesey.

Quick facts: Anglesey Mining PLC

Price: 5.35 GBX

LSE:AYM
Market: LSE
Market Cap: £11.88 m
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Anglesey Mining: 'British story, British jobs, British asset and British...

Mining Capital's Alastair Ford talks to Proactive about Anglesey Mining PLC's (LON:AYM) who unveiled results this week from their preliminary economic assessment (PEA) of the Parys Mountain copper-zinc-lead-gold-silver project. Ford discusses the potential for the mine in terms of production...

on 15/1/21

2 min read