Anglesey Mining names new CEO

North Wales-focussed miner Anglesey Mining has appointed Robert Marsden to the role of chief executive officer.

Marsden, a mining engineer by trade, will take over the role on 1 May.

Andrew King, interim chairman of the AIM-listed group, said: "On behalf of the Anglesey Mining board, we are delighted to welcome Rob as our new CEO to head up the development of the Parys Mountain project and optimise the Company’s iron ore investments.

"Rob possesses an abundance of experience, both as an engineer and as an accomplished operator at an executive level. Having already spent some time with him at Parys Mountain, it is clear Rob has the skill set to oversee the evolution and development of Parys Mountain and, like us, he is enthused by the latest drilling results and grade continuity."

As of 1045 BST, Anglesey shares were 7.14% higher at 1.50p.

Reporting by Iain Gilbert at Sharecast.com