Drakelands

Wolf Minerals' Drakelands tungsten project in Devon, UK In the three months ended March 31, the Australia-listed company also continued its 24-hour-a-day, seven-day-a-week operations, with approval from the local government to continue doing so until ...

Wolf Minerals Limited, the firm behind the £130million Drakelands Mine project at Hemerdon on the edge of Plymouth, spent a total of A$16.8million on the open-pit mine between January and March. That included A$3.9million on development, A$7.7million ...

The funds will be used to strengthen Wolf's balance sheet during the ramp-up of the Drakelands mine. The terms of the facility provide that RCF VI, an associate of current major shareholder Resource Capital Fund V LP, will subscribe for ordinary shares ...

"The approval of the facility enables Wolf to continue its ramp up of the Drakelands mine to enable the project to reach its true potential. We are starting to see price increases and remain confident that Wolf, with its large production capacity and ...

Shares will be issued at 9.19p compared to a close of 8.48p yesterday and the money used to provide working capital while the new Drakelands mine near Plymouth ramps up to full capacity. Russell Clark, Wolf's managing director, said: "The approval of ...

Russell Clark, managing director at specialty metals producer Wolf Minerals (LON:WLFE), talks to Proactive Investors about the progress of the Drakelands tungsten mine in Devon, the first producing mine in the UK in 45 years. and plans to raise up to ...