Three more senior staff reportedly leave ENRC
The Financial Times has claimed that three senior executives have resigned and a fourth has taken leave of absence at FTSE 100-listed miner Eurasian National Resources Corp (ENRC).
The Financial Times has claimed that three senior executives have resigned and a fourth has taken leave of absence at FTSE 100-listed miner Eurasian National Resources Corp (ENRC).
The newspaper reported that Victoria Penrice, company secretary, Tony McCarthy, human resources boss, and Stuart Nolan, group head of reward, had left. It said that Victor Hannah, head of Africa, had taken a voluntary leave of absence.
On Friday April 19th, the board of ENRC issued a public statement on its website in response to an announcement by major shareholder Alexander Machkevitch that he is looking to take over the company.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The announcement stated: "The board of ENRC notes the announcement earlier today from Mr Alexander Machkevitch that he is in the preliminary stages of forming a consortium to assess a potential offer for the company. The board confirms that it has not received any proposal which could result in an offer or possible offer for the group."
No one at ENRC was available to speak to Digital Look about the report at the time of publication.
ENRC's share price was down 4.78% to 277.10p at 10:23 on Monday, pulling back after having surged by over a quarter on Friday.
MF
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Michelin Key Hotels 2025: the top destinations in the world
The Michelin Keys have been awarded to spectacular hotels across the world. From Marlon Brando's private resort in Polynesia to a Bvlgari hotel in Tokyo, we look at some of the most extraordinary stays in 2025
-
MoneyWeek news quiz: How much could you get in car finance compensation?
The car finance scandal, inheritance tax, and house prices all made headlines over the past few days. Test your knowledge while reviewing this week’s top stories with MoneyWeek’s news quiz