Company Moves Metals & Minerals News

Anglesey finance director Danesh Varma resigns

Anglesey Mining plc’s finance director and company secretary Danesh Varma has resigned with immediate effect. Companies House states Mr Varma’s appointment as finance director began on 1 August 2013. Interim chairman Andrew King said: “On behalf of the board of Anglesey, I would like to thank Danesh for his significant contribution and service to the […]

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Tungsten West appoints Alistair Stobie as CFO

Tungsten West plc has appointed Alistair Stobie as chief financial officer effective on 13 November. Mr Stobie has worked with AIM-listed businesses within the energy and natural resources sector and raised capital within various markets. He was CFO at oil and gas company Octavia Energy, before holding the same post at Hurricane Energy plc which […]

Company Moves Metals & Minerals News

Scotgold director and largest shareholder resigns

Scotgold Resources Ltd’s largest shareholder and director has resigned after nearly 10 years over conflicting interests with the company. REGRET Nathaniel le Roux is the major secured creditor of the company’s subsidiary, SGZ Cononish Ltd operating the gold-silver mine near Tyndrum.  Scotgold, which is considering going into administration after financing talks failed, is evaluating the […]

Company Moves Metals & Minerals News

Anglesey shareholders oust chairman John Kearney

Anglesey Mining plc shareholders voted against re-electing chairman and director John Kearney after his nearly 30 years’ service with the group. INSTRUMENTAL At the company’s general meeting on 27 October, the resolution to re-appoint him received 93,533,645 votes in favour, 103,058,404 against with 256,302 withheld. Non-executive director Andrew King will act as interim chairman while […]

Company Moves News Oil & Gas

Ascent independent NED Stephen Birrell leaves

Ascent Resources plc independent non-executive director Stephen Birrell has stepped down after three years on the board. “The board would like to thank Stephen for his valuable contribution to the company over the last few years and we wish him every success in his next venture,” said executive chairman James Parsons. Ascent intends to appoint […]