Tungsten West plc’s co-founder Mark Thompson will step down from the board as executive vice chairman. Mr Thompson will leave his position on completion of a placing announced by the company today. Tungsten West added it was “well advanced” in identifying additional suitable industry experienced non-executive directors. The company’s other co-founder Max Denning left the […]
Tag: Tungsten West plc
Tungsten West appoints CEO Neil Gawthorpe as director
Tungsten West plc has appointed its chief executive officer Neil Gawthorpe to the board as an executive director. The company first announced its intention to make the appointment when Mr Gawthorpe became CEO earlier in March.
Tungsten West needs near-term funds
Tungsten West plc said it needed to find sufficient funds for the near future to avoid having to reassess the restart of Hemerdon tin-tungsten mine in Devon. FUNDING OPTIONS In August 2022, the company said it was in discussions for additional funds after its revised plans failed to meet the $49 million loan terms from […]
Tungsten West appoints Neil Gawthorpe as CEO
Tungsten West plc has appointed Neil Gawthorpe as chief executive officer with immediate effect and to the board imminently. He takes up the post after the company’s co-founder and former CEO Max Denning left in July 2022. Mr Gawthorpe has nearly 30 years’ experience in the mining industry, working in various roles, both operationally and […]
Tungsten West increases ORE and MRE at Hemerdon
Tungsten West plc published an increase in JORC (2012) compliant ore reserve estimate (ORE) and internal mineral resource estimate (MRE) at its Hemerdon tungsten and tin deposit in Devon. ORE RESERVE ESTIMATE The company reported a 60% increase in ore tonnage and 10% increase in contained metal from previous 2021 ORE. Tungsten West said that the […]
Tungsten West granted key permits for Hemerdon
Tungsten West plc has received two of four permits required to allow the restart of the tin-tungsten Hemerdon mine project in Devon. PERMITS The Environment Agency granted the mining waste facility permit and the open pit water abstraction licence. The company said it expected to receive in early 2023 two further abstraction permits. A renewed […]