Company Moves Finance Metals & Minerals News

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

Tungsten West appoints new NEDs

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 […]

Company Moves Finance Metals & Minerals News

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 […]

Metals & Minerals News

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 […]

Company Moves Metals & Minerals News

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, […]