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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, I would like to thank Nigel for his outstanding work over the last two years, guiding us through the IPO and subsequent restructuring and refinancing processes, and supporting the team as we continue towards the recommencement of operations at Hemerdon.”

Chief executive officer Neil Gawthorpe added: “Whilst we are disappointed to be losing someone with Nigel’s capabilities and experience, we are pleased that he has agreed to remain fully engaged to assist in the company’s permitting and funding activities during this transitional period.”

Tungsten West is working towards restarting the Hemerdon tungsten-tin mine in Devon.