Tungsten West plc has appointed James McFarlane as managing director. Mr McFarlane was previously technical and operations director of the company. He has unrivalled knowledge of Hemerdon along with global technical mining experience and a strong background in UK mining operations. Mr McFarlane has held senior roles in active mining operations in England, Wales, Scotland, […]
Tag: Tungsten West plc
Tungsten West appoints key roles for Hemerdon
Tungsten West has appointed key members of its senior management team for its tin-tungsten project at Hemerdon in Devon. PROJECTS AND OPERATIONS Chief executive Max Denning said that the company had assembled a strong projects and operations team. The appointments include aggregates managing director, project manager, construction manager, technical services manager, process plant manager, HR […]
Tungsten West advances towards Hemerdon restart
Tungsten West plc said it had progressed with preparations and filled key managerial team positions for restarting the Hemerdon tin-tungsten mine in Devon. DESIGN The company has signed the engineering procurement and construction management (EPCM) contract with UK-based Fairport Engineering Ltd. Detailed design work for the front end of the processing plant are well advanced. […]
Tungsten West receives £60,000 via warrant exercise
Tungsten West plc has raised £60,000 after exercising 200,000 warrants to subscribe for new ordinary shares of one penny each at a price of 30 pence per ordinary share. The 200,000 new ordinary shares will rank pari passu with the existing ordinary shares.
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 raises £18,544 via option exercise
Tungsten West plc raised £18,544.22 after receiving notices to exercise options to subscribe for 1,854,422 new ordinary shares of one penny each at an exercise price of one penny per ordinary share. Pursuant to the option exercise, Baker Steel Resources Trust Ltd will be issued with 1,657,196 new ordinary shares. This will increase Baker Steel’s […]