Altona Rare Earths plc announced that its local representative partner in Malawi, Hilton Banda, is no longer a non-executive director (NED) of the company with immediate effect. The news follows the company’s decision to exit the project. Altona appointed Mr Banda as NED in November 2021.
Tag: company moves
Altona exits Chambe project
Altona Rare Earths plc announced it had terminated its interest in the Chambe project in Malawi. CONDITIONS PRECEDENT The company added that its local joint venture partner had failed to complete the conditions precedent as set out in an agreement. Altona said it had spent only minimal costs, mainly relating to due diligence, on the […]
Neptune unites business in management changes
Neptune Energy said it would unite its business as part of a range of staff changes to simplify its executive management team. SINGLE ENTITY Neptune’s UK and Norwegian businesses will be brought together and report to Neptune’s MD, Norway and the UK, Odin Estensen. The company will retain its offices in Aberdeen and Stavanger, with […]
Scotgold appoints Robert Young as VP of operations
Scotgold Resources Ltd announced it has appointed Robert Young as vice president of operations. The Australian-backed company is currently working to optimise the processing plant at Cononish mine, improve mining efficiencies and increase production in line with its 2022-2023 growth strategy.
Caerus appoints Nigel Chapman as COO in Cyprus
Caerus Mineral Resources plc has appointed Nigel Chapman as chief operating officer for the company’s Cypriot operations. The company added that the COO role was not a board-level position.
Ascent NED Ewen Ainsworth to leave
Ascent Resources plc non-executive director Ewen Ainsworth will step down from 28 February 2022. Mr Ainsworth has accepted a full-time executive position elsewhere.