29 Jul Chief Executive Appointment
Anglesey Mining plc (“Anglesey”) is extremely pleased to announce the appointment of Jonathan (Jo) Battershill as the new Chief Executive of Anglesey and as a Director with effect from 1st August 2021.
Jo, who is 50, is a mining geology graduate from Camborne School of Mines and has extensive experience both in operations and in finance in Australia and in 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.
John Kearney, Chairman says “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.”
To facilitate a smooth transition Bill Hooley will relinquish his current position as Chief Executive and take on the role of Deputy Chairman also effective 1st August 2021. 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 optimisation 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.
New Director Nominations
We are currently discussing with two other senior minerals industry professionals regarding taking on the role of non-executive director. We would hope to finalise these discussions in the next few weeks and will make an announcement at the appropriate time.