Richard Hanbury of Worcestershire, a notable entrepreneur, developed interests within the Pontypool area during the 1570s, acquiring and developing forges and furnaces in Monkswood, Cwmffrwdoer, Trosnant, Llanelly and Abercarn. Hanbury acquired leases and rights to utilise the raw materials of the wider area, including a large expanse of woodland to produce charcoal and some 800 acres of land to extract coal and iron-ore at Panteg, Pontymoile and Mynyddislwyn. Furthermore, he secured the rights to extract coal and iron-ore on Lord Abergavenny's Hills in and around Blaenavon. The Hanburys were also active at Cwmlickey, Lower Race and Blaendare during the seventeenth century as the demand for coal was met.