Tungsten West plc has appointed Guy Edwards, Adrian Bougourd and Kevin Ross as non-executive directors with immediate effect. KEVIN EDWARDS Kevin Edwards’s experience within the aggregates industry includes previous CEO positions at Aggregate Industries UK and Aggregate Industries USA. He was also managing director of Midland Quarry Products and has 25 years’ senior management experience […]
Tag: aggregates
Tungsten West ex-CEO no longer subsidiary director
Co-founder and former chief executive of Tungsten West plc Max Denning is no longer a director of the company’s subsidiary Aggregates West Ltd. Companies House today published the change recorded on 2 August 2022. Mr Denning left Tungsten West on 19 July 2022.
Tungsten West records £5m losses
Tungsten West plc said its recorded losses of nearly £5 million was in line with expectations for the current stage of the tin-tungsten project at Hemerdon Mine in Devon. FINANCES In its half-year results for the six months ended 30 September 2021, the company’s losses were £4,990,226 (2020: £3,631,500) with administrative expenses of £1,763,573 (2020: […]
Tungsten West targets dual production
Tungsten West plc announced the commissioning of a temporary aggregates plant for its local subsidiary as it aims for dual production alongside tin-tungsten in Devon. CASHFLOW The Terex® AggWash 60 plant will operate at Aggegrates West while the Hemerdon tin-tungsten process plant is redeveloped. A separate full-scale aggregates plant will be built next year. Aggregates […]
Tungsten West aims to start drilling and raise £5m
Tungsten West hopes to start drilling at its tin-tungsten mine in Devon next week as it looks to raise £5 million with a private placement. The mining company will also begin selling the 700,000 tonnes of aggregates already stockpiled on the surface within the next few weeks. The company is currently rebuilding the existing plant […]
Tungsten West takes market edge with aggregates
Tungsten West has sufficient aggregates to offset tin-tungsten production costs, and has a new resource statement of 332Mt with a projection in excess of a billion at Hemerdon mine in Devon. STELLAR The aggregates find was a surprise that could give the company a “huge advantage” over local competitors because, as a base metals business, […]