W Resources Awards Concentrator Contract to Allmineral

- January 10th, 2018

W Resources Plc (LSE:WRES), a tungsten, copper and gold exploration and development company, has awarded the design and construct contract for the La Parrilla Concentrator to allmineral.

W Resources Plc (LSE:WRES), a tungsten, copper and gold exploration and development company, has awarded the design and construct contract for the La Parrilla concentrator to allmineral Aufbereitungstechnik GmbH & Co. KG of Germany (“allmineral”) at a contract price of GBP80,000.

As quoted in the press release:

The Concentrator is the third core component of the La Parrilla plant infrastructure, following the contract awards for the Crusher and Jig & Mill last year, and provides the final stage of beneficiation in the process to produce a 66% tungsten concentrate and 62% tin final concentrate. The robust design put forward by allmineral targets maximum separation efficiency throughout and actively collects the fines generated from various processing stages to be reprocessed in a dedicated scavenging circuit. The layout considers the potential requirement for incremental capacity additions as well as the possibility of an ultrafine falcon circuit addition to maximise recoveries in the future.

Michael Masterman, chairman of W Resources, commented:

The award of the Concentrator to allmineral is a significant milestone and a core part of the development and financing programme for La Parrilla. All major plant components are now contracted and aligned with the US$30 million term loan financing. Germany’s allmineral is responsible on a fixed schedule and price contract for delivery of the both the Jig & Mill and Concentrator providing important integration benefits in project delivery.

Click here to read the full W Resources Plc (AIM:WRES) press release.

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