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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 Strand Hanson
Jeffery Court / Alistair Stobie (Nominated Adviser and Financial Adviser)
Tel: +44 (0) 1752 278500 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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