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Wolf Minerals says Drakelands mine "taking shape" amid recovering tungsten prices

Russell Clark, managing director at specialty metals producer Wolf Minerals (LON:WLFE), talks to Proactive Investors about the progress of the Drakelands tungsten mine in Devon, the first producing mine in the UK in 45 years. and plans to raise up to £25mln.

He says the Drakelands mine is "taking shape" with the processing plant gradually ramping up and which should run at full speed by the middle of the year.

Clark says he is encouraged by the rebound in tungsten prices and expects this recovery to be sustainable.

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Demise of Wolf Minerals Ltd 'a blow for UK mining' - Alastair Ford

Mining Capital's Alastair Ford discusses the collapse this week of Wolf Minerals Limited (LON:WLFE) (ASX:WLF). Ford says what really did it for Wolf was simply that the economics of production at Hemerdon never really stacked up. He adds that its major investor RCF will now be staring...

on 12/10/18

2 min read