20th Nov 2018 11:16
LONDON (Alliance News) - W Resources PLC said Tuesday it started producing tungsten and tin concentrate from its Spanish mine La Parrilla.
Early start-up of production will allow the company to generate revenue and cashflow ahead of its planned large scale production at a run rate of 2,500 tonnes per annum of tungsten concentrate.
"Key plant design improvements to the current plant have been implemented with the aim of increasing existing plant feed capacity to 50 tonnes per hour, improving fine tungsten recoveries through segregation and treatment of discrete particle distributions through the gravity circuit, as well as improvements focused on improving the final tin concentrate specifications," the firm added.
Shares in the copper and gold miner were up 4.15 at 0.54 pence.
Related Shares:
WRES.L