Finance Metals & Minerals News

Tungsten West grants total 6.5m share options

Tungsten West plc has granted an aggregate 6,494,685 options over ordinary shares, of one pence each, to its senior management under the company’s long-term incentive plan. Chief operating officer Ronald Day received five million options, while other senior managers were separately granted options over 1,494,685 shares. Tungsten West’s shareholders approved the grant at a general […]

Finance Metals & Minerals News

Tungsten West agrees proposed £71m for Hemerdon

Tungsten West plc has secured a proposed investment of up to £71 million of public money to restart the Hemerdon tungsten-tin mine in Devon. ‘World class, low cost and long-life resource in the UK’ The company said that the funds from the Government-owned National Wealth Fund completed the funding package for the project. Of the […]

Company Moves Metals & Minerals News

Anglesey appoints principal geologist

Anglesey Mining plc has appointed James McFarlane as principal geologist on a retained basis. A chartered geologist and chartered engineer, Mr McFarlane was managing director from 2022 to 2023 of Tungsten West plc which is preparing to restart the Hemerdon tungsten-tin mine in Devon. He holds more than 20 years’ international experience across mineral exploration, resource […]