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Market Cap: £483.47m
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Directorate Change

8 Oct 2024 07:00

RNS Number : 2499H
Tungsten West PLC
08 October 2024
 

8 October 2024

Tungsten West Plc

("Tungsten West", the "Company" or the "Group")

 

Directorate Change

 

Tungsten West (LON:TUN), the mining company focused on restarting production at the Hemerdon tungsten and tin mine in Devon, UK ("Hemerdon" or the "Project"), is pleased to announce that, further to the Company's announcement on 15 August 2024, Mr Jeffery Court has been appointed a director of the Company and has taken up his position as Chief Executive Officer ("CEO").

 

David Cather, Chairman of Tungsten West, said:

 

"On behalf of the Board, I am delighted to welcome Jeff as CEO of Tungsten West. His experience in mine feasibility and project development will be invaluable during this crucial time at Tungsten West, as we look to secure further financing and recommence mining and processing operations at Hemerdon in 2026."

 

Jeff Court, incoming CEO of Tungsten West, said:

 

"I am pleased to be joining this experienced team as CEO. The historic Hemerdon mine has the potential to play a significant role in the development of a secure UK and European supply chain for tungsten and tin. Additionally, the Project's advancement towards production will further reinvigorate the UK mining industry and provide value to Tungsten West's stakeholders. I am excited to start working towards these collective goals and look forward to updating the market with the Company's progress in due course."

 

Further Information

 

Jeff is an experienced international mining executive, having worked in the mineral resource sector for over 30 years, covering numerous roles from project feasibility and start-up, major EPC/EPCM and product mineral processing plant projects, mining operations and contract mining services, operational and business management.

 

Having started his career at Rio Tinto, during which time he was heavily involved in mine feasibility and long-term planning, Jeff spent 15 years at Orica, where he held multiple senior business executive roles and led a structural and strategic review to improve business performance. Jeff subsequently worked at FLSmidth, where he oversaw the industrial capital equipment division of over US$500 million annually, and Perenti Limited (formerly Ausdrill Ltd), where he was responsible for the operational and business management of the African Mining Service division, which reported US$350 million annual turn-over across seven major mining sites in Senegal, Mali, Burkina Faso and Ghana.

 

More recently, as the Chief Executive Officer - Mining & Chief Development Officer - Mining of Capital's drilling and mining services business, Jeff has managed the provision of its services to the industry, ranging from exploration, grade control and production drilling to load and haul contract mining. Collectively, these roles have spanned across Australia, Asia, Europe, the Middle East, Africa and North America.

 

 

 

 

AIM Rules for Companies, Schedule 2(g) Disclosure

 

As required by Schedule 2(g) of the AIM Rules for Companies, the Company confirms that Mr Jeffery Arnold Court, aged 52, is currently a director/partner, or has been a director/partner in the past five years, of the companies listed below:

 

 Current Directorships

Past Directorships (in the last five years)

Treadstone Mining Services Ltd

Aurum Precious Metals Ltd

 

Mr Court has no direct or indirect interest in the Company's issued share capital.

 

There is no further information to be disclosed in relation to Mr Jeffery Arnold Court pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies.

 

Ends

 

For further information, please contact:

 

Enquiries

Tungsten West

Jeffery Court / Alistair Stobie

Tel: +44 (0) 1752 278500

 

Strand Hanson

(Nominated Adviser and Financial Adviser)

James Spinney / James Dance / Abigail Wennington

Tel: +44 (0) 207 409 3494

BlytheRay

(Financial PR)

Tim Blythe / Megan Ray

Tel: +44(0) 20 7138 3204

Email: tungstenwest@blytheray.com

 

Hannam & Partners

(Broker)

Andrew Chubb / Matt Hasson / Jay Ashfield

Tel: +44 (0)20 7907 8500

 

Follow us on X @TungstenWest

 

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