Business
Directorate and Management Changes
Directorate and Management Changes.
About this update from Tungsten West Plc
[{"type":"text","content":"\n \n \n \n 13 March 2023\n \n \n \n \n Tungsten West Plc\n \n \n \n \n (\"Tungsten West\", the \"Company\" or the \"Group\")\n \n \n \n \n Directorate and Management Changes\n \n \n \n \n Strategic Review and Project Update\n \n \n \n \n \n \n \n \n Tungsten West plc (LON:TUN),\n the mining company focussed on restarting production at the\n Hemerdon tungsten and tin mine in Devon, UK (\"Hemerdon\" or the \"Project\"), is pleased to announce the following updates.\n \n \n \n \n \n \n Directorate and management changes\n \n \n \n Neil Gawthorpe has been appointed Chief Executive Officer with immediate effect. It is the Directors' intention for Neil to join the Board imminently.\n \n \n \n \n \n Neil joins the senior executive team at a crucial time as the Company prepares to re-launch operations at Hemerdon, positioning Tungsten West as the Western World's largest tungsten producer. Neil's initial focus will be to conduct a review of the available funding options of the business to ensure the delivery of the Project as outlined in the previously announced feasibility study.\n \n \n \n \n \n Neil holds a Bachelor of Engineering (Hons) in Mineral Engineering from the University of Leeds and has enjoyed a successful career in the mining industry, spanning almost 30 years, working in various roles, both operationally and as a consultant across multiple jurisdictions. Most recently Neil held the role of Senior Vice President (\"SVP\") Business Development at Allied Gold, where he was responsible for the due diligence on potential mergers and acquisitions, as well as leading transitional management and integration at newly acquired assets. Neil was heavily involved in the integration of the company's flagship Sadiola operation in Mali, following its purchase from Anglogold Ashanti/Iamgold in late-2020. He played a key role in embedding the new management team and mining contractor, culminating in an on-time and budget restart of mining. He also provided similar support during the integration of the company's multiple operations in Cote D'Ivoire.\n \n \n \n \n \n Neil also spent nine years as part of the executive team at Sierra Rutile Limited, taking a struggling operation and transforming it into becoming the world's largest rutile producer. After completion of several major expansion projects, the asset ...