Trading
Symbol
AIM:
AYM
18th
April 2024
Anglesey
Mining plc
(“Anglesey”
or “the Company”)
Appointment
of new CEO
Anglesey
Mining plc (AIM:AYM), 100% owner of the Parys Mountain
Cu-Zn-Pb-Ag-Au VMS deposit in Anglesey, North Wales, is pleased to announce the
appointment of Robert (“Rob”) Marsden to
the Board as Chief Executive Officer with effect from
1st
May 2024.
Rob is a
Mining Engineer with 29 years of international experience. Upon
graduation from the Camborne School of Mines in 1995 he joined Rio
Tinto plc and over the next 18 years held several technical,
operational and management roles , living and working in
South Africa, Australia, France and the USA, and was latterly employed in the Business
Evaluation Department at Rio Tinto’s head office in London.
In 2013
Rob founded his own consultancy, MarsdenGray, based in the UK, to
draw together his unique blend of technical, financial and
practical experience, providing clients with clear robust insights
into the planning, operation and evaluation of mining
projects.
During his
career, Rob has gained experience across a wide range of
commodities including copper, diamonds, gold, silver, coal,
industrial minerals, and iron ore with on the ground assignments
around the world, including Australia, Botswana, Brazil, Chile, Canada, Ghana, Madagascar, Peru, South
Africa and Zimbabwe.
Rob is a
Member of the Institute of Materials, Minerals and Mining (IOM),
Qualified for Mineral Reporting (by IOM), is a Fellow of the
Geological Society (London) and an
Associate of the Camborne School of Mines.
View Rob’s
LinkedIn profile
here.
Andrew King, Interim Chairman of Anglesey Mining,
commented:
“On
behalf of the Anglesey Mining board, we are delighted to welcome
Rob as our new CEO to head up the development of the Parys Mountain
project and optimise the Company’s iron ore investments. In setting
our brief for the role, we knew the right candidate had to be not
only an experienced mining executive, but a person also in
possession of the requisite corporate skills to step into a
high-profile role and engage with all stakeholders, including our
shareholders and the community and local government in regions in
which the Company operates. Rob possesses an abundance of
experience, both as an engineer and as an accomplished operator at
an executive level. Having already spent some time with him at
Parys Mountain, it is clear Rob has the skillset to oversee the
evolution and development of Parys Mountain and, like us, he is
enthused by the latest drilling results and grade continuity. As we
await the assay results for drill hole NCZ003, I am very much
looking forward to his input and perspective as we seek to progress
both this project and the Company more generally in the
future.”
Incoming
CEO Rob Marsden
commented:
“I
am pleased and excited to be joining Anglesey Mining as CEO at such
a pivotal time for the Company and the Parys Mountain project. I
very much enjoyed spending time at the mine with Andrew and former
CEO Jo Battershill, meeting the Team
and examining the latest exploration drill cores, and I’m looking
forward to starting work and building on the exciting opportunities
I see at Anglesey.”
The
following information relating to Robert
Hanning Marsden is disclosed pursuant to Schedule Two
paragraph (g) of the AIM Rules for Companies:
Current directorships and/or
partnerships
MarsdenGray
Ltd. 9th
September 2013 to present
Former directorships and/or partnerships (within the
last five years)
1. Lorenzo
Investments Plc
2nd
February 2021 to 24th
October 2023
2. NRR
Group Pty Ltd. (Australian company)
13th
October 2020 to 22nd
March 2021
As at the
date of this announcement, Mr. Marsden holds 251,103 Ordinary
Shares in Anglesey. There are no further disclosures required under
Schedule Two paragraph (g) of the AIM Rules for
Companies.
For
further information, please contact:
Anglesey
Mining plc
Andrew King, Interim-Chairman – Tel: +44 (0)7825
963700
Jo Battershill, Non-Executive Director – Tel: +44 (0)7540
366000
Davy
Nominated
Adviser & Joint Corporate Broker
Brian Garrahy / Daragh O’Reilly – Tel: +353 1 679
6363
WH
Ireland
Joint
Corporate Broker
Katy Mitchell / Harry Ansell
– Tel: +44 (0) 207 220 1666
Brand
Communications
Public
& Investor Relations
Alan Green – Tel: +44 (0) 7976 431608
LEI:
213800X8BO8EK2B4HQ71
About Anglesey Mining plc:
Anglesey
is traded on the AIM market of the London Stock Exchange and
currently has 420,093,017 ordinary shares in issue.
Anglesey
is developing the 100% owned Parys Mountain Cu-Zn-Pb-Ag-Au VMS
deposit in North Wales, UK with a
reported resource of 5.3 million tonnes at over 4.0% combined base
metals in the Measured and Indicated categories and 10.8 million
tonnes at over 2.5% combined base metals in the Inferred
category.
Anglesey
also holds a 49.75% interest in the Grängesberg iron ore project in
Sweden and 12% of Labrador Iron
Mines Holdings Limited, which through its 52% owned subsidiaries,
is engaged in the exploration and development of direct shipping
iron ore deposits in Labrador and
Quebec.
