28th Jun 2019 14:52
(Alliance News) - Tungsten, gold and copper miner W Resources PLC said Friday the commissioning of its La Parrilla tungsten and tin mine in Spain was "on track" for July as it prepared to complete the concentrator.
"W Resources completed the Blackrock debt financing in May 2018, and it is a great credit to our team and suppliers that some 14 months later we are on the cusp of construction completion and have commissioned the crusher, jig, LNG power plant and other major non plant equipment," W Resources Chair Michael Masterman said.
"Construction completion of the spiral & shaking table buildings is an important milestone for W Resources and the third FME Building will be complete shortly," Masterman added. "Priority now moves to completion of electrical cabling and tie in to the motor control centre which will be delivered mid-July."
Shares in W Resources were 0.7% lower at 0.43 pence in London on Friday.
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