RNS Number: 5465 R W Resources PLC 30 June 2020. W Resources Plc, the tungsten, tin and gold mining company with assets in Spain and Portugal, today held its Annual General Meeting, where all resolutions put to shareholders were duly passed.. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 2891 P W Resources PLC 08 June 2020 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
W Resources Plc, the tungsten, tin and gold mining company with assets in Spain and Portugal, announces that the Annual Report of the Company for the year ended 31 December 2019 and Notice of Annual General Meeting has been sent to shareholders of the Company today.. The AGM of the Company has been called for 11:00am on Tuesday, 30 June 2020 at 27/ 28 Eastcastle St,...
RNS Number: 4516 O W Resources PLC 01 June 2020. W Resources Plc, the tungsten, tin and gold mining company with assets in Spain and Portugal, announces its audited financial results for the year ended 31 December 2019.. ·Due to the COVID-19 pandemic, the timing of the €5.3 m Grant from the Junta de Extremadura is to be confirmed with the local Government needing to...
W Resources (#WRES LN) 0.2p, Mkt Cap £12.4m – Quarterly production report W Resources reports its La Parilla mine in Extremadura, Spain treated approximately 274,000t of ore to produce 3,306mtu of WO3 in concentrate and 12.1t of tin in concentrate during the quarter ending 31st March 2020. The throughput has improved since the preceding quarter ended 31st December 2019 where the company reported treating approximately 113,000t to produce 968mtu of WO3 in concentrate and 3.9t of tin in concentrate suggesting that concentrate grades are improving, to around 56% WO3as the operation settles down. Chairman, Michael Masterman, explained that ʺProduction at La Parrilla is building, albeit not at the pace we had anticipated due to early stage plant challenges having an impact on production levels for Q1 2020, as a result of a combination of unplanned downtime with mechanical issues with the jig and the crusher plants, which have now been resolved, and planned shut downs to implement important production improvement initiatives.ʺ He also confirmed that ʺWe are mindful that production levels are not where we or our stakeholders expected them to be, however we are still very much in the early stages of the ramp-up and the team is well set to achieve significantly stronger results in the June quarter as a result of the improvement initiatives implemented in Q1. The increase in tungsten and tin production demonstrates progress in a very difficult external environment and we remain focussed on the works in hand and are confident of making the solid progress needed in order to reach design capacity.” Spain has been particularly badly affected by the Covid19 virus and it is encouraging to hear that ʺNo W Resources personnel or contractors have been affected by COVID-19 and strict workplace procedures remain in placeʺ. ʺW Resources is shipping all its Tungsten and Tin concentrate to customers but the volatility and changes in COVID-19 regulations in Spain and Europe have led to longer lead times to organise and effect deliveryʺ. Prices for the benchmark ammonium paratungstate (APT) remain subdued at US$240-245/mtu although ʺSupply disruptions appear to have reduced Chinese exports of APT to Europe and the US providing some solid support to pricesʺ.
RNS Number: 0119 K W Resources PLC 17 April 2020. March 2020 Quarterly Production Report. W Resources, the tungsten, copper and gold mining company with assets in Spain and Portugal announces its Q1 2020 quarterly production update for the La Parrilla mine in Spain and an update on its tungsten, tin and gold projects in Portugal..
RNS Number: 4452 I W Resources PLC 01 April 2020. A second and final Price Monitoring Extension has been activated in this security. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 4448 I W Resources PLC 01 April 2020. The auction call period has been extended in this security by 5 minutes. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 4076 I W Resources PLC 01 April 2020. A second and final Price Monitoring Extension has been activated in this security. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 4057 I W Resources PLC 01 April 2020. The auction call period has been extended in this security by 5 minutes. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
W Resources Plc, the tungsten, copper and gold mining company with assets in Spain and Portugal, provides an update on a £4.0 m expanded finance facility and on activity in regard to the temporary shutdown of the La Parrilla mine following the Spanish government declaring a State of Emergency and further tightening the national lockdown.
RNS Number: 6207 H W Resources PLC 25 March 2020. A second and final Price Monitoring Extension has been activated in this security. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 6169 H W Resources PLC 25 March 2020. The auction call period has been extended in this security by 5 minutes. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
W Resources #WRES 0.19p, Mkt Cap £13m – Impact of Covid19 W Resources reports its response to the Spanish and Portuguese Governmentsʼ States of Emergency to address the Covid19 virus. The company reports that the Extremadura Region where it operates the La Parilla tungsten mine ʺis one of the less affected areas in Spain. At present, there are some 100 reported cases of infection in the region. With no areas showing a heavy concentration of cases save for a small village which is subject to quarantine at present. The region's low population density and the large distances between big cities has helped to reduce the speed of transmission.ʺ W Resources also confirms that none of its personnel have been diagnosed with the infection and that it has implemented a range of precautions, including separation of shifts, operating a work-from-home regime where possible and the restriction of all but essential visits to the La Parilla site, to mitigate the risk of exposure. Similar measures are in force at the company’s Portuguese operations where W Resources has also requested ʺan extension of the trial mine license period for a further 12-18 monthsʺ which the company expects to be approved in the context of the current disruption to normal business conditions. Stressing the company’s commitment to the welfare of its personnel during these challenging times, Chairman, Michael Masterman said that ʺWe continue a proactive review of steps to protect our team and in a safe and sensible way continue operationsʺ.
RNS Number: 2442 G W Resources PLC 16 March 2020. W Resources Plc, the tungsten, tin and gold mining company with assets in Spain and Portugal, announces an update on measures to protect the safety of its people and ongoing operations in Spain and Portugal in response to the COVID-19 pandemic. Mining and plant operations at La Parrilla and mining operations at...
W Resources #WRES 0.23p, Mkt Cap £15m – First blast at the Régua tungsten project in Portugal W Resources reports its first blast at the La Parrilla tungsten mine in Spain. The company also reports on the retirement of Dr Byron Pirola from the board after 12 years of service as a director. The blast starts to open up the RL240m adit with another 122m to go before intersecting the ore zone. Ore will be trucked to the Crusher Plant to be located in a nearby aggregate quarry for initial processing. Work is ongoing for the Régua plant with existing spirals, pumps and screens already on-site. La Parrilla (Spain): the La Parrilla mine is ramping up again after its shutdown in February. Management have implemented a series of improvement initiatives to improve recoveries and production. Conclusion: It is good to hear that Las Parrilla is effectively commissioning again following its first commissioning in August last year.
W Resources Plc #WRES announced that it has completed a placement of 209,999,998 ordinary shares of 0.1p per share at a price of 0.36p per ordinary share to raise £756,000 before expenses, to new Spanish Investors. The funds raised from the placing will be used to advance Régua development and provide additional working capital for the company. Following admission of the new ordinary shares, the company's enlarged issued share capital will comprise 6,700,042,777 ordinary shares with voting rights. Separately, the first blast at the Régua mine in Northern Portugal was safely and successfully completed last week. Mining operations have been underway since February and the first blast signifies an important milestone for the project. Ramp-up is progressing and the mine continues to deliver the scheduled grades of tungsten and tin ore to the plant at low waste-to-ore strip ratios. As part of the ramp up process, a series of improvement initiatives were successfully implemented during a planned shutdown in February 2020 and as a result the company has seen a material step change improvement in recoveries and overall production rates at the La Parrilla plant in March 2020. The company also announced that after 12 years as a Director, Dr Byron Pirola will retire from the board on 30 March 2020.
W Resources Plc
WRES.L
W Resources Plc
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Company Profile

W Resources strategy is to build a European mining company focussed on delivering long term production of tungsten, a key strategic metal with strong market fundamentals. With five projects in Spain and Portugal, its flagship project, La Parrilla in Spain, is one of the world’s largest tungsten mines, where production commenced in late 2018 and is expected to deliver significant earnings growth in 2019. W has four further projects in Portugal, two tungsten projects Régua and Tarouca; the CAA Portalegre gold/copper project and the Monforte-Tinoca copper project. The focus for 2019 is scaling up production at La Parrilla and the development of Régua.

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