26th Aug 2020 15:50
W Resources PLC - a tungsten, tin and gold mining and exploration company - Implements a revised plan to boost production at La Parrilla project in Spain and move to an operating cash flow positive position. Recoveries of tungsten and tin improving at La Parrilla following a realignment of the mine plan around the high recovery ore in the main fast track mining area and in the pit in general. Under the new management, plant availability and performance has increased. Prioritising cost control and working capital management as external environment with Covid-19 and global metal prices remains challenging.
Current share price: 0.14 pence
Year-to-date change: down 53%
By Tapan Panchal; [email protected]
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