Article

Anglesey Mining has commenced a pre-feasibility study for a hydro-power energy storage project at Parys Mountain, aimed at supporting future mining operations while managing risks. The company plans to restructure its debt with Energold Minerals, eliminating approximately £4 million in exchange for its interest in Grängesberg Iron AB, thereby reducing its total debt to around £100,000. Despite reporting a loss of £334,699 for the six months ending September 30, 2025, Anglesey remains focused on its strategic initiatives.