UK 10:41 Tuesday, 6 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Multinational commodities group Trafigura, largest shareholder in AIM and Toronto-quoted EMED Mining (EMED), has stirred a flurry in the company’s shares by calling for the removal of most of its board to ‘bring about much-needed change’. Having spent some £18 million earlier this year buying an 18% stake in EMED, Trafigura has called for a special investors’ meeting, claiming the present EMED board, under chairman Ronnie Beevor and chief executive officer Isaac Querub, ’is failing to serve the interests of shareholders’ and arguing the company, as currently constituted, lacks the financial resources and management capabilities to achieve its goal of reopening the historic Rio Tinto copper mine in the Spanish province of Andalusia.
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Comments
wildrides
As a shareholder I hope they do oust the current board so that I can get out soon having made a few quid ……… its all gone on far to long and my boredom threshold passed years ago .
Another past Winnifroth tip incidentally ( unlike TYM )
Tom Winnifrith
Wildes
Just for the record:
EMED & TYM both floated at 8p. EMED is now 7p & on the verge of developing a massive proved resource. TYM is now at 5p and is on the verge of serving up more jam tomorrow.
Neither have delivered but one looks a lot closer than the other
T
wildrides
Just checking you were still awake Tom ;-)