Katie Pilbeam caught up with Tungsten West’s Max Denning to talk about the company’s recent decision to review development plans for the English mine development.
The decision, taken in light of current market conditions, will allow the company to work up revised plans with lower capital and operating costs, and, whilst production rates will also be lower the company expects to retain optionality to expand those rates in the future. “What we're doing is quite prudent it still sees us getting into production proving that Hemerdon is such a strategically important asset and ultimately will deliver shareholder value which is most important,” he said.