Anglesey Mining PLC (AIM:AYM) said it has been encouraged by the draft opinion on its scooping report for the Parys Mountain project, but is awaiting formal feedback from the Planning Service.
The scoping report set out the project’s perceived impacts, specifically identifying any crucial and significant impacts which will be assessed as part of the final environmental work (EIA) report, said a statement with its half-year results.
Compilation of the EIA will require further environmental and ecological work, though Anglesey added that mining at Parys will be carried out by underground methods with no plans for an open pit or opencast mine extraction works.
Looking ahead, Anglesey said that at Parys Mountain the main activity will be progressing the Planning Application, guided by the EIA Scoping Opinion when formally received.
At Grängesberg, in Sweden, the junior said it is still exploring options to advance the project and optimise the ownership structure and value.
Losses in the half year to end September 2024 were £311,000 (£605,000) reflecting less drilling at Parys.