Anglesey Mining
Anglesey Mining plc is a UK AIM-listed mineral exploration and development company advancing the Parys Mountain copper-zinc-lead-silver-gold VMS deposit in North Wales toward production, with a brownfield site, completed PEA/PFS studies, and EIA scoping approval. Pre-revenue; financed via equity placings.
- Company typePublic
- Founded1984
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Anglesey Mining does
Anglesey Mining plc is a UK-incorporated mineral exploration and development company listed on the AIM market of the London Stock Exchange under the ticker AYM. Incorporated in 1984, the company's flagship asset is 100% ownership of the Parys Mountain copper-zinc-lead-silver-gold volcanogenic massive sulfide (VMS) deposit located on Anglesey, North Wales. It also held minority strategic interests in Grängesberg Iron AB (approximately 49.75%, Sweden) and Labrador Iron Mines Holdings (12%, Canada), both of which were slated for transfer to Energold Minerals under a December 2025 £4 million debt settlement/restructuring. The company migrated its listing from the LSE Main Market to AIM in April 2022.
The company's core activity is the staged advancement of Parys Mountain toward production, including underground drilling campaigns, PEA and PFS study work, and the pursuit of permits — most notably EIA scoping approval. The project benefits from brownfield infrastructure including an existing 300-metre shaft, which reduces future capital intensity, and from a February 2025 partnership with RheEnergise to evaluate High-Density Hydro energy storage at the site. Work to date has defined the resource base and economic parameters of the deposit.
Anglesey Mining's business model is that of a pre-revenue junior developer: the company raises equity through placings and subscriptions to fund exploration, engineering studies, and corporate overhead, with the objective of ultimately producing and selling metal concentrates to smelters and metal traders. Cash inflows to date have come exclusively from equity issuances; commercial revenue is contingent on Parys Mountain reaching first concentrate production.
Anglesey Mining firmographics
Firmographics- Name
- Anglesey Mining
- Legal name
- Anglesey Mining plc
- Website
- https://angleseymining.co.uk
- Company type
- Public
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Anglesey Mining plc is a UK AIM-listed mineral exploration and development company advancing the Parys Mountain copper-zinc-lead-silver-gold VMS deposit in North Wales toward production, with a brownfield site, completed PEA/PFS studies, and EIA scoping approval. Pre-revenue; financed via equity placings.
- Ownership category
- akta.pro rank
Anglesey Mining industry classification
Industry- Product category
- Base Metals Mining
- NAICS
- Copper, Nickel, Lead, and Zinc Mining (212230), Gold Ore and Silver Ore Mining (21222)
- SIC
- Gold And Silver Ores (1040), Metal Mining (1000)
- akta.pro primary industry
- Copper Ore Mining (Open-Pit & Underground) (IMAKADAB)
- akta.pro secondary industries
- Precious Metals Exploration & Project Development (IMAKAEAI), Precious Metals Ore Processing & Beneficiation (IMAKAEAD)
Keywords
Where Anglesey Mining is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Anglesey Mining business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Technology or R&D, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Mineral Production (Future): Pre-revenue company planning to generate revenue through production and sale of copper, zinc, lead concentrates and gold/silver credits from the Parys Mountain project. Currently in development stage with no revenue from operations.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Anglesey Mining product offering
Product offeringCore offering
Anglesey Mining plc explores and develops the 100%-owned Parys Mountain copper-zinc-lead-silver-gold Volcanogenic Massive Sulphide (VMS) deposit on the Isle of Anglesey in North Wales, UK. The project includes an existing 300m deep production shaft, headframe, planning permission for operations, and freehold ownership of minerals and land, with a 2021 PEA projecting a 12-year mine life producing 103,500 tonnes of copper, 213,800 tonnes of zinc, 113,300 tonnes of lead, plus gold and silver credits.
Product overview
Anglesey Mining plc is a UK-based mineral exploration and development company listed on AIM. The company's portfolio consists of three principal assets: the 100% owned Parys Mountain Cu-Zn-Pb-Ag-Au VMS project in North Wales (the company's primary focus), a ~49.75% stake in the Grängesberg Iron Ore Project in Sweden through Grängesberg Iron AB, and an approximately 12% investment in Labrador Iron Mines Holdings Limited in Canada. The company is not structured as a software platform but rather as a traditional mining development company advancing its mineral projects toward production.
Differentiator
Problem solved
Functional benefit
Products and services
- Parys Mountain Cu-Zn-Pb-Ag-Au VMS Project Anglesey Mining's primary asset — a 100%-owned copper-zinc-lead-silver-gold Volcanogenic Massive Sulphide (VMS) deposit located on the Isle of Anglesey in North Wales, UK. The project includes a 300m deep production shaft, headframe infrastructure, planning permission for operations, and freehold ownership of minerals and land. The 2021 PEA projects a 12-year mine life producing 103,500 tonnes of copper, 213,800 tonnes of zinc, 113,300 tonnes of lead, 2,830 kg of gold and 219,000 kg of silver. The intended customers are global smelters and metal traders purchasing polymetallic concentrates and precious metal credits.
- Grängesberg Iron Ore Project Iron ore project held through a ~49.75% interest in Grängesberg Iron AB (GIAB), with management rights and a right of first refusal to increase the interest. The PFS Update highlights a post-tax NPV8 of US$688 million with a 16-year mine life. Following the 2025-2026 debt restructuring with Energold Minerals, interests in GIAB were partially transferred.
Quantifiable outcome
- 12-year mine life producing 103,500 tonnes copper, 213,800 tonnes zinc, 113,300 tonnes lead, 2,830kg gold, 219,000kg silver
- +1 more outcomes
Companies that use Anglesey Mining
Customer profileSegments1 record
Ideal customer profiles1 record
Anglesey Mining technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Anglesey Mining partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core, strategic and minor.
- J&E DavycoreNominated Adviser and Joint Corporate Broker following change from Davy Corporate Finance due to internal restructuring.
- RheEnergise LimitedstrategicPartnership to explore deployment of High-Density Hydro® (HD Hydro) energy storage technology at Parys Mountain mine site through rehabilitation of the existing 300m deep Morris Shaft. A Letter of Intent was signed in July 2025 to progress the project.
- Mine Storage International ABminorMoU to investigate conceptual plans for pumped hydro-energy storage project at Grängesberg Mine after mining ceases. The mine's underground infrastructure could provide a closed-loop solution using proven pumped hydro-power technology with 75-85% round-trip efficiency.
- AlbR Capital LimitedcoreAppointed as Joint Corporate Broker to assist with capital markets activities and investor relations support.
- Micon International LimitedcoreIndependent mining consultant engaged to undertake Pre-Feasibility Study updates, resource estimates, and technical assessments for Parys Mountain and Grängesberg projects.
Scale indicators14 records
Recent moves6 records
Expansion highlights6 records
Anglesey Mining competitors and assessment
Company assessmentDirect peers
- Alba Mineral Resources plc: AIM-listed polymetallic (gold, base metals) exploration and development company with UK and Scandinavian assets. Comparable in scale, listing tier, multi-commodity development model, and reliance on small placings to fund work programmes.
- Savannah Resources plc: AIM-listed developer focused on critical minerals, notably the Barroso lithium project in Portugal. Directly comparable as a UK-listed junior positioned around critical-mineral policy tailwinds and pre-revenue project economics.
- Cornish Metals Inc. UK-focused junior mining developer advancing the South Crofty tin/copper/tungsten project in Cornwall. Closest comparable to Anglesey: a UK-listed polymetallic developer at a similar pre/early-production stage, similarly dependent on equity markets and seeking to supply critical metals into UK/EU supply chains.
- Tungsten West plc: AIM-listed junior developing the Hemerdon tungsten/tin project in Devon, UK. Comparable in size, listing venue, project type (UK polymetallic developer) and dependence on capital markets to reach production.
- Atalaya Mining plc: AIM-listed European copper producer (Proyecto Riotinto, Spain). Comparable commodity focus (copper as primary product) and AIM listing; differs in being an established operator rather than a developer, providing a relevant benchmark for a future producing Anglesey.
- Central Asia Metals plc: AIM-listed base-metals producer with copper, lead, and zinc output. Closely comparable commodity mix to Parys Mountain's Cu-Zn-Pb-Ag-Au profile and AIM listing tier, useful as a downstream operating benchmark.
Broad incumbents
- Pan American Silver Corp. Major silver and gold producer with mining operations across the Americas. Comparable for the precious-metal by-product credits expected from Parys Mountain concentrates, although at a much larger and operating scale than Anglesey.
- Hochschild Mining plc: LSE-listed mid-tier precious-metals producer (silver and gold) with operations in the Americas. Comparable as a publicly listed silver/gold exposure for the precious-metal by-product credits in Parys Mountain concentrates, though at a much larger, producing scale.
- First Quantum Minerals Ltd. Global copper producer with operations across multiple continents. A large-scale incumbent used as a comparable for the long-term copper market dynamics underpinning the Parys Mountain PEA, even though Anglesey is several orders of magnitude smaller and pre-production.
- KGHM Polska Miedź S.A. One of the world's largest copper and silver producers, listed on the Warsaw Stock Exchange. Relevant as a major incumbent in the copper/silver space that Parys Mountain's concentrates would ultimately feed into via smelters and offtake channels.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks7 records
Key highlights7 records
Customer concentration
Anglesey Mining social profiles
Digital presenceAnglesey Mining financial estimates
Financial estimateRevenue estimate
Valuation estimate
Anglesey Mining leadership team
Management profileNumber of profiles
Profiles8 records
Anglesey Mining subsidiaries and ownership
Company hierarchySubsidiaries3 records
Anglesey Mining funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Anglesey Mining M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Anglesey Mining
What does Anglesey Mining do?
Anglesey Mining plc explores and develops the 100%-owned Parys Mountain copper-zinc-lead-silver-gold Volcanogenic Massive Sulphide (VMS) deposit on the Isle of Anglesey in North Wales, UK. The project includes an existing 300m deep production shaft, headframe, planning permission for operations, and freehold ownership of minerals and land, with a 2021 PEA projecting a 12-year mine life producing 103,500 tonnes of copper, 213,800 tonnes of zinc, 113,300 tonnes of lead, plus gold and silver credits.
Is Anglesey Mining a public or private company?
Anglesey Mining is a public company. It is classified as public and is currently operating.
When was Anglesey Mining founded?
Anglesey Mining was founded in 1984. It employs 11 to 50 people.
Where is Anglesey Mining based?
Anglesey Mining is headquartered in London, United Kingdom, in the Europe region.
How does Anglesey Mining make money?
One revenue line is on record: mineral Production (Future).
Who are Anglesey Mining's main competitors?
Direct peers on record are Alba Mineral Resources plc, Savannah Resources plc, Cornish Metals Inc., Tungsten West plc, Atalaya Mining plc and Central Asia Metals plc. Broad incumbents are Pan American Silver Corp., Hochschild Mining plc, First Quantum Minerals Ltd. and KGHM Polska Miedź S.A..
Does Anglesey Mining have an API?
No public API is recorded for Anglesey Mining.
What industry is Anglesey Mining in?
Anglesey Mining's product category is Base Metals Mining. Its primary akta.pro industry code is IMAKADAB, Copper Ore Mining (Open-Pit & Underground), with a secondary code of IMAKAEAI, Precious Metals Exploration & Project Development. Its NAICS code is 212230 and its SIC code is 1040.