W Resources PLC (AIM:WRES) said production increased in August at its La Parilla tungsten and concentrate mine in Spain and it expects to hit its full-year output target for concentrate.
The tungsten, tin and gold mining company, which has assets in Spain and Portugal, said concentrate production at La Parilla totalled 75.6 tonnes (t) in August, up 11% from July, while tungsten concentrate rose by 16% to 67.7t.
However, tin concentrate production dropped 19% to 7.9t after reprocessing issues impacted recovery. Measures are now in place to resolve this, the AIM-quoted company said.
La Parilla achieved the highest monthly tungsten recovery to date at 65%, boosted by access to higher-grade ore, and the monthly plant utilisation rate was constant at 91%.
W Resources said it completed tree shipments of tungsten concentrate during August.
After the mine began to operate a 24-hour, 7-day working week on 7 September, production growth is expected to continue.
"Our current priority is to build production and improve tin recoveries and we remain positive about reaching our production target of 1,000t of concentrate in 2021 and increasing the production run-rate in Q4 2021 towards our T2 Target of 675t per quarter," said chairman Michael Masterman.