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Initiation Research from QuotedData

3 Mar 2016 11:12

RNS Number : 9547Q
Wolf Minerals Limited
03 March 2016
 

Wolf Minerals Ltd - Initiation Research from QuotedData

3rd March 2016

New strategic metal producer

Wolf Minerals' (Wolf's) new tungsten mine commenced production in September 2015. By the end of 2016 the mine should be one of the world's most significant non-Chinese producers of this strategic metal. The Drakelands open pit mine, in Devon, is the first new metal mine in the UK for 45 years. Wolf has built the mine at a cost of £123 million, to produce 345,000 metric ton units (mtu) of WO3 per year for 12 years, based on current reserves and working five and a half days per week.

 

http://quoteddata.com/2016/03/wolf-minerals-new-strategic-metal-producer/

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NB: this note has been prepared for Wolf Minerals Ltd by Marten & Co and is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.

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This information is provided by RNS
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