The high prices of copper, in addition to creating opportunities for theft, is creating opportunities to look at old mining sites that were previously uneconomical.
Mining for copper and zinc could return to Anglesey’s Parys Mountain mine after an absence of almost 100 years.
As a result of recent increases in world metal prices, owners Anglesey Mining plc are starting exploratory drilling work.
Finance director Ian Cuthbertson said they were confident of ‘significant reserves’ at the site, which has been mined since the Bronze Age.
It could lead to more than 100 jobs at the site, near Amlwch.
‘There have been quite a number of attempts to revive [mining at the site], but the world situation now is different and we are upbeat about the prospects,’ said Mr Cuthbertson.
He said that demand for metals from China was pushing up prices across the world.
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