Mining company adds to its board

Tungsten West, the mining company focused on restarting production at the Hemerdon tungsten and tin mine in Devon, has appointed Guy Edwards, Adrian Bougourd, and Kevin Ross, who will join as non-executive directors.

Edwards, who is a fellow of the Institute of Quarrying and has a first-class honours degree in Quarry Engineering, has significant experience within the aggregates industry, previously holding CEO positions at Aggregate Industries UK and Aggregate Industries USA, which had a combined turnover in excess of £1bn.

Additionally, he was managing director of Midland Quarry Products and has 25 years of senior management experience with Hanson PLC.

Edwards has participated in numerous acquisitions and has extensive experience in aggregates business development. He is currently integration director of AIM-listed SigmaRoc PLC and co-founder of sustainability startup company XEROC.

Bougourd is part of the developed markets team at Lansdowne Partners, having joined in November 2010. He has previously worked as a European equity, credit and event driven analyst at Perry Capital.

Bougourd is an experienced senior financial analyst who has spent 20 years analysing and advising companies in the industrial and cyclical space across the globe. Bougourd’s experience in capital markets, including in-sourcing and analysing public and private European investment opportunities across industries and the capital structure, will be of significant value to the Board.

Ross is a European engineer with an honours degree in Mining Engineering from the Royal School of Mines. Across the last 24 years, he has held numerous COO roles for operating and development companies in Greece, Australia and Canada. He has been part of the senior management teams of two acquired companies, Red Back Mining, which was acquired by Kinross, and Orca Gold, which was acquired by Perseus Mining, and is currently the COO of Montage Gold Corp, which is developing a large-scale gold project in Cote d’Ivoire.

David Cather, chairman, said: “We are pleased to welcome Guy, Adrian and Kevin to the Board. Their wide range of expertise across the aggregates and mining industries, capital markets, financing, and company and project development will add further value, guidance and support to the Tungsten West team as it continues to progress Hemerdon towards production. The Company remains focused on working towards the final permit approvals for the Project.”

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