Anglesey Mining chief executive to step down

Anglesey Mining announced on Thursday that Jonathan ‘Jo’ Battershill had tendered his resignation as its chief executive officer.

The AIM-traded firm said Battershill was departing to embrace the role of managing director at Silver Mines in Australia, an ASX-listed silver development company where he was currently a non-executive director.

His transition to the new position would be effective from 1 January.

Battershill would, however, persist in a governance role at Anglesey, continuing as a non-executive director on its board.

The board said the search for a new CEO was set to start immediately.

“On behalf of the board of directors, I thank Jo for his efforts on Parys Mountain and Grängesberg since joining Anglesey in 2021, which have seen both projects advance significantly, and we wish him well in his new role with Silver Mines,” said chairman John Kearney.

“We are pleased that Jo has agreed to continue as a non-executive director of Anglesey, and we look forward to his ongoing contributions to the company.

“We expect to commence a search for a new CEO imminently and appreciate Jo’s commitment to advancing the projects while ensuring a smooth transition to a new CEO over the coming months.”

At 1402 BST, shares in Anglesey Mining were down 15.86% at 1.22p.

Reporting by Josh White for Sharecast.com.