W Resources PLC - tungsten, tin and gold mining company with assets in Spain and Portugal - For August at the La Parrilla tungsten and tin mine in Spain, concentrate production totals 75.6 tonnes, up 11% from July, due to a 16% rise in tungsten concentrate to 67.7 tonnes.
"Production at La Parrilla continues to increase and following the move to a 24 hour, 7 day working week in September we expect an increase in production going forward. Accessing our higher-grade ore has contributed towards the increasing tungsten recovery rates. Our current priority is to build production and improve tin recoveries and we remain positive about reaching our production target of 1,000t of concentrate in 2021," says Chair Michael Masterman.
Current stock price: 6.85 pence, up 3.0%
Year-to-date change: down 44%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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