Tungsten West plc intends to appoint Adrian Bougourd and Guy Edwards as non-executive directors. The company said it would announce further details once it had completed due diligence checks.
Day: 11 November 2024
Tungsten West to cut workforce and hours
Tungsten West plc plans to reduce “staff costs” by a further 25% at Hemerdon mine to give priority to planning, permitting, environmental compliance and funding for the project. CREDITORS Chief executive Neil Gawthorpe said that the move to save costs had followed “some difficult decisions”. The reductions will be in the form of redundancies, reduced […]
Tungsten West applies for production permit
Tungsten West plc has submitted applications to produce tungsten and tin and to vary the tonnage cap on lorry movements at Hemerdon mine in Devon. NOISE The company said it completed low frequency noise (LFN) trials over two months before applying to the Environment Agency (EA) for a mineral processing facility permit. The EA’s decision […]
FCM signs exploration deal for Zigzag lithium
First Class Metals plc has signed a three-year agreement with Whitesand First Nation for initial exploration on the Zigzag lithium project in the Seymour Lake area of northwest Ontario. PARTNERSHIPS The company has an earn-in agreement with Nuinsco Resources Ltd on the project which at the time had undergone no discussions with the First Nations. […]
Altona intercepts record high grades
Altona Rare Earths plc intercepted record high grade ore with more confirmed on targets at the Monte Muambe project in Tete Province, northwest Mozambique. TARGET POTENTIAL The company has to date drilled 10 reverse circulation holes for a total 790 metres. Interceptions include 76m at 3.426% total rare earth oxides (TREO) from surface at target 4, […]
Rockhopper recruits ex-Capricorn CEO and COO
Rockhopper Exploration plc has recruited former Capricorn Energy chief executive officer Simon Thomson and chief operating officer Paul Mayland to develop its South Falklands assets. ARRIVALS Mr Thomson becomes non-executive chairman and Mr Mayland is appointed independent non-executive director (NED), effective 1 October 2023. Mr Thomson was chief executive officer of Cairn Energy, later renamed […]