W Resources Plc (AIM:WRES), the tungsten, copper and gold, exploration and development company with assets in Spain and Portugal, has awarded the crusher plant contract for its La Parrilla Project in Spain to Metso Minerals Portugal, Lda (“Metso”), a subsidiary of Metso Corporation for EUR1.2m. As quoted in the press release: Michael Masterman, Chairman of …
W Resources Plc (AIM:WRES), the tungsten, copper and gold, exploration and development company with assets in Spain and Portugal, has awarded the crusher plant contract for its La Parrilla Project in Spain to Metso Minerals Portugal, Lda (“Metso”), a subsidiary of Metso Corporation for EUR1.2m.
As quoted in the press release:
Michael Masterman, Chairman of W Resources commented: “It is great to have agreed the crusher contract award with Metso, a world leading supplier based in Europe. We appreciate it has taken a little bit longer than anticipated, but this is often the unpredictable nature of contract negotiations. Importantly we believe the results in terms of design, quality, price and delivery time will speak for themselves. “Tungsten prices have increased nearly 25% over the last 12 months with momentum building over the last month which is timely for the development of La Parrilla. Debt financing continues to advance with planned debt financing completion in the second half of 2017 (RNS 14 June 2017).”
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1848.31 | +6.13 | |
Silver | 22.04 | +0.14 | |
Copper | 4.30 | +0.01 | |
Palladium | 2028.00 | +24.00 | |
Platinum | 970.50 | +11.50 | |
Oil | 111.65 | -0.56 | |
Heating Oil | 3.67 | 0.00 | |
Natural Gas | 8.05 | -0.26 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.