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
|
|
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