The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
investingnews.com/daily/resource-investing/critical-metals-investing/tungsten-investing/top-tungsten-producing-countries-china-russia-canada/
34,602 mtu
http://www.mining.com/web/zimbabwe-sell-shares-state-owned-firms-part-reforms/
he is well connected. IMF ? https://www.telegraph.co.uk/business/2018/04/07/mark-carney-leaves-will-next-governor-bank-england/ Q report at end of April. How much red ink this time
is Lucas getting paid too much ? Never mind Carney. 269k is as much as POTUS or Theresa
thanks that is a hell of a salary
agree southwesterner WResources W share capital: 5,156,646,034 Ordinary Shares of 0.1p in issue. The amount of shares not in public hands is 1,383,259,521 ordinary shares in the Company.
Following Admission, the number of ordinary shares in issue and admitted to trading on AIM and the ASX will be 1,089,368,830.
28 March 2018 W Resources Plc ("W" or the �Company") �5.3m Grant Awarded for Development at La Parrilla W Resources Plc (AIM:WRES), the tungsten, copper and gold exploration and development company with assets in Spain and Portugal, is delighted to announce that its 100% owned subsidiary, Iberian Resources Spain SL (�IRS�) has been awarded a grant of �5,322,970 (the �Grant�) by the Junta de Extremadura Government for the La Parrilla tungsten and tin project located in Spain. W has been formally awarded �5.3m of grant funds, which equates to 32% (at the upper-end range) of the �16.6m plant and facilities package that qualified for grant contribution. The Grant will be paid by the Junta de Extremadura Government to IRS once the fulfilment of all conditions (including the completion of the plant and facilities and meeting the target employment levels), as outlined in the application, have been verified in an audit by the Junta de Extremadura Government. The conditions of the Grant need to be fulfilled by 14 March 2020. Michael Masterman, Chairman of W Resources commented: "We are delighted to have reached this milestone of the award of a �5.3m grant for La Parrilla from the Junta de Extremadura, which remains a strong supporter of the La Parrilla mine development. We are very honoured to have now concluded the process for this important grant. The success of our application is testament to the relationship and hard work from our Country Manager, Fernando de la Fuente and Mining and Government Director, Celestino Parejo. Fernando and Celestino are on the ground and have built great local relationships, which further strengthen our exciting world class low-cost La Parrilla tungsten and tin mine development. �The provision of a grant for such a large proportion of our La Parrilla mine development is very positive and contributes further to our strong funding position. Importantly, the award of the grant funds strongly align the Junta de Extremadura Government with the success of the La Parrilla project and we are very appreciative of their support." The award of the Grant, combined with the recent US$35m loan facility from Blackrock underpins the advancement of the Company, in particular for the development of La Parrilla, which once fully developed will be the largest tungsten mine in Europe.
http://www.strategicminerals.net/projects/redmoor-tin-tungsten.html
Almonty clarifies March 13 NR re off-take deal 2018-03-15 13:06 ET - News Release Mr. Lewis Black reports ALMONTY INDUSTRIES INC. CLARIFIES CERTAIN INFORMATION IN ITS NEWS RELEASE DATED MARCH 13, 2018 Almonty Industries Inc. has clarified certain information with respect to its news release dated March 13, 2018, wherein the company announced that it has entered into a new off-take agreement dated March 12, 2018, with an existing customer for the tungsten concentrate to be mined and processed at the company's wholly owned Sangdong tungsten mine in South Korea. The company wishes to clarify all references to the term "guaranteed" in its previous announcement dated March 13, 2018. While certain provisions of the Off-Take Agreement call for a minimum floor price for revenues over the life of the agreement, it does not, however, provide assurance of the future financial performance of the Sangdong Mine. The realization of the benefits of the Off-Take Agreement are subject to risk factors typical of a supply agreement of this nature including if the Company is unable to meet its obligations to deliver tungsten concentrate in accordance with the terms of the Off-Take Agreement, variable costs of shipping and production over the term of the contract, the Customer's ability to purchase the tungsten concentrate produced by Almonty at the mine and the continued economic viability of the Customer or its successors for the life of the Off-Take Agreement. Finally, given these risks, there is no guarantee that the Company will realize the revenues contemplated under the terms of the Off-Take Agreement. The Company is currently in late-stage negotiations for its expected US$85 million project financing for the Sangdong Project. As with all potential project financing, the key component of such financing (although there is no guarantee that the financing will be completed) is the completion of an off-take agreement which the Company was pleased to confirm in its news release dated March 13, 2018. The Company expects to commence demolition at the Sangdong Mine site in April 2018 with an expected 18-month build-out thereafter. The EPC contractor, POSCO, is approximately 50% through the technical drawings and design phase. A Technical Report on the Sangdong Project was filed by Almonty on SEDAR on August 29, 2016 and a Feasibility study on the Sangdong Project was filed by Woulfe Mining Corp. (subsequently acquired by Almonty in September 2015 - see news release dated September 11, 2015) on SEDAR on July 6, 2015, wherein, among other things, various project risks and an economic analysis are disclosed. In addition, the Company will be filing this new off-take agreement on SEDAR as soon as possible. About Almonty The principal business of Almonty is the mining, processing and shipping of tungsten concentrate from its Los Santos Mine in western Spain, its Wolfram Camp Mine in north Queensland, Australia and its Panasquei
Almonty clarifies March 13 NR re off-take deal 2018-03-15 13:06 ET - News Release Mr. Lewis Black reports ALMONTY INDUSTRIES INC. CLARIFIES CERTAIN INFORMATION IN ITS NEWS RELEASE DATED MARCH 13, 2018 Almonty Industries Inc. has clarified certain information with respect to its news release dated March 13, 2018, wherein the company announced that it has entered into a new off-take agreement dated March 12, 2018, with an existing customer for the tungsten concentrate to be mined and processed at the company's wholly owned Sangdong tungsten mine in South Korea. The company wishes to clarify all references to the term "guaranteed" in its previous announcement dated March 13, 2018. While certain provisions of the Off-Take Agreement call for a minimum floor price for revenues over the life of the agreement, it does not, however, provide assurance of the future financial performance of the Sangdong Mine. The realization of the benefits of the Off-Take Agreement are subject to risk factors typical of a supply agreement of this nature including if the Company is unable to meet its obligations to deliver tungsten concentrate in accordance with the terms of the Off-Take Agreement, variable costs of shipping and production over the term of the contract, the Customer's ability to purchase the tungsten concentrate produced by Almonty at the mine and the continued economic viability of the Customer or its successors for the life of the Off-Take Agreement. Finally, given these risks, there is no guarantee that the Company will realize the revenues contemplated under the terms of the Off-Take Agreement. The Company is currently in late-stage negotiations for its expected US$85 million project financing for the Sangdong Project. As with all potential project financing, the key component of such financing (although there is no guarantee that the financing will be completed) is the completion of an off-take agreement which the Company was pleased to confirm in its news release dated March 13, 2018. The Company expects to commence demolition at the Sangdong Mine site in April 2018 with an expected 18-month build-out thereafter. The EPC contractor, POSCO, is approximately 50% through the technical drawings and design phase. A Technical Report on the Sangdong Project was filed by Almonty on SEDAR on August 29, 2016 and a Feasibility study on the Sangdong Project was filed by Woulfe Mining Corp. (subsequently acquired by Almonty in September 2015 - see news release dated September 11, 2015) on SEDAR on July 6, 2015, wherein, among other things, various project risks and an economic analysis are disclosed. In addition, the Company will be filing this new off-take agreement on SEDAR as soon as possible. About Almonty The principal business of Almonty is the mining, processing and shipping of tungsten concentrate from its Los Santos Mine in western Spain, its Wolfram Camp Mine in north Queensland, Australia and its Panasquei
http://www.alphaminresources.com high grade deposit in DRC
my apology for reposting this tele