Red Rock Resources plc could have a potential mining/partner contract for its Zimbabwe lithium assets as the company also starts talks with agents in China on lithium ore sales. HIGHER PRICES From 10 to 14 August, a South African consultant geologist conducted due diligence on the site with the company’s subsidiary African Lithium Resources (Pvt) […]
Company Moves
Caerus changes name to Critical Mineral Resources
Caerus Mineral Resources plc has changed its name to Critical Mineral Resources plc, effective from today. Chief executive officer Charlie Long said that the new name reflected the company’s evolved strategy. The company, whose market ticker will remain CMRS, recently entered the Moroccan battery metals sector.
Tungsten West to appoint new NEDs
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.
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 […]
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 […]
Tungsten West CFO Nigel Widdowson resigns
Tungsten West plc chief financial officer Nigel Widdowson has resigned after two years in the role and with immediate effect as a director. Mr Widdowson will remain CFO, focusing on funding and financing activities, while the company finds his replacement and to ensure a smooth transition. Chairman David Cather said: “On behalf of the board, […]