Tungsten West PLC (AIM:TUN) chief executive Max Denning joined Proactive's Stephen Gunnion with news that the company has signed an engineering, procurement and construction management (EPCM) contract for the Hemerdon tungsten and tin mine in Devon.
Denning telling Proactive that commodity prices are now significantly higher than those assumed in its bankable feasibility study for the mine, supporting even better project economics.