Minerals & Mineral Rights
Ceredigion (Cardiganshire) has a rich history of mining dating back to the Bronze Age. The Romans came to mine for gold, although by far the most important period was from the eighteenth to the nineteenth century, with a lead mining boom taking place from 1830 to 1880. The greatest output was in 1856 when 8,560 tons of lead ore yielded 38,751 ounces of silver, as well as gold and smaller quantities of trace metals.
Along with other major landowners, the Earls of Lisburne, let their mineral rights to a number of well known mining companies, and the Trawsgoed (Crosswood) estate benefitted significantly by way of income from mining royalties. However, the rapid development of mining overseas, particularly in the USA and Australia, led to a decline in mining in the area from the 1890s onwards.
Wesleyan Chapel at the Lisburne Mines, Pontrhydygroes 1785 Date Stone at Level Fawr. Ysbyty Ystwyth
Between 1921-1928, the trustees of the 7th Earl of Lisburne sold off over 18,000-acres of farms and farmland. However, because of the potential for a re-emergence of the mining industry, they invariably retained the mineral rights over the land. As a result, Trawsgoed Estates Limited, today manages the mineral rights over an area totalling some 25,000-acres. Registration of these rights is on-going with H.M. Land Registry.
However, purchasers of land and residential property and their solicitors should carefully check the vendors’ title to properties being sold for the reservation of mineral rights to the 7th Earl of Lisburne, the Trawsgoed (Crosswood) Estate. Please request the schedule of retained mineral rights we hold to see if there is a reservation of mineral rights over land or property in which you have an interest.
For more information on the history Ceredigion lead mines: http://www.spirit-of-the-miners.org.uk/ccc-walks.php