– UK, London – Anglesey Mining plc (LON: AYM) today announced the appointment of Jo Battershill to its Board as the new CEO with effect from 1st August 2021, succeeding Bill Hooley who will step down as Chief Executive and take on the role of Deputy Chairman.
“I am very pleased to welcome Jo into Anglesey Mining and we are delighted that we have been able to attract someone with his strong operations background and financing experience. He has great enthusiasm and brings vigour and deep relevant technical and finance knowledge to the Company. Jo will initially be tasked with moving the Parys Mountain project towards production and with fund-raising to facilitate our plans for both Parys Mountain and Grangesberg. We look forward with confidence to the renewed future with Jo.” said Board Chairman, John Kearney.
Bill served as CEO since 2006, and as well as being President of Labrador Iron Mines, directed the completion of various resource upgrades for Parys Mountain, the 2017 Scoping Study, and the QME optimization work, which led to the successful production of the 2021 PEA, and will continue to provide his advice and experience to Anglesey and will assist Jo as required.
About Jo Battershil
Jo Battershil is a mining geology graduate from Camborne School of Mines and has extensive experience both in operations and in finance in Australia and the UK. After a long period working in mining operations with Western Mining Corporation in Australia, he joined a broking house in Perth in Western Australia and for the last 13 years has worked for UBS and then for Canaccord, firstly in Sydney and for the last six years in London.
Most recently until the end of June, Joe was London-based, Canaccord Head of Sales and Distribution of Australian equities into the EMEA region, with a focus on metals and mining, where he increased the distribution network across the region significantly through strong institutional relationships. He is well known in the mining finance industry and has extensive knowledge and connections, having been part of Canaccord’s globally top-ranked mining ECM/Sales team that placed c.US$3bn since January 2020. Early in his mining career, he worked as an underground miner at the South Crofty Tin Mine (Cornwall, U.K.) while attending the School of Mines.
About Anglesey Mining plc
Anglesey Mining is listed on the London Stock Exchange and is developing its 100% owned Parys Mountain copper-zinc-lead deposit in North Wales, the UK with a 2020 reported resource of 5.2 million tonnes at 4.3% combined base metals in the Indicated category and 11.7 million tonnes at 2.8% combined base metals in the Inferred category.
Anglesey holds an almost 20% interest, and management rights to the Grangesberg Iron project in Sweden, together with a right of first refusal to increase its interest by a further 50.1%. Anglesey also holds 12% of Labrador Iron Mines Holdings Limited which holds direct shipping iron ore deposits in Labrador and Quebec.
For more information: https://www.angleseymining.co.uk/
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