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Tungsten West CFO leaves

Tungsten West plc chief financial officer Alistair Stobie has stepped down and resigned as a director from the board and all its associated companies.

Mr Stobie, who accepted the post in November 2023, left with immediate effect to “pursue further career opportunities”.

“I would like to thank Alistair for his contribution and dedication during his time at Tungsten West,” said chairman Stephen Harrison.

“He has helped initiate funding discussions for the restart of Hemerdon and these are progressing positively with a number of parties.

“On behalf of the board, I wish him all the best going forward.”

Head of commercial & corporate development, Phil Povey, will become interim CFO until the company appoints a permanent replacement.

Tungsten West is preparing to restart tin-tungsten production from Hemerdon mine near Plympton, north of Plymouth in Devon.