New kid on the block, tungsten on the rise and all this in devon....what devon ?.....yes : devon...by jove....!.

Wolf Minerals Receives Temporary Go Ahead for Seven Day Working at Drakelands Mine

Devon County Council has given the go ahead to an increase in the primary crusher's operating hours, providing the opportunity for increased production and improved metal recoveries.

Specialty metals development company, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) ("Wolf" or "the Company") is pleased to announce that Devon County Council ("DCC") will temporarily allow the primary crusher on the Drakelands open pit mine ("Drakelands") at the Company's world class Hemerdon tungsten and tin project ("the Project") in Devon, southwest England, to work 24 hours a day, seven days a week. Previously the primary crusher was restricted to running for only five and a half days a week.

Construction of the Drakelands mine is nearing completion and this change in working hours will take the form of a six month trial, allowing Wolf to demonstrate that it can operate within and comply with the required noise limits at all times of the day and night.

The trial will commence when ore crushing starts and will provide Wolf with the opportunity to commission the plant and ramp up production at the new Drakelands mine without weekly interruptions. If successful, Wolf will apply to make the change permanent.

The go-ahead follows extensive community consultation and support from Sparkwell Parish Council which voted unanimously not to object to the proposed change.

Commenting on the trial, Wolf Managing Director, Russell Clark, said:

"This is welcome news. Commissioning is always challenging and it will be considerably easier if we don't need to schedule downtime every weekend for a day and a half. The processing plant will run far more efficiently working steady state and we can schedule maintenance periods when we need them rather than when the plant has been turned off as part of a planning permission requirement."

"We recognise that this change comes with a responsibility on our part to continue to meet the environmental conditions regarding noise specifically, and we are particularly appreciative of the local community for trusting us to fulfil our obligations. We aim to demonstrate that we can do just that."

"We remain on schedule for handover of the plant in August 2015, and remain fully funded through to positive cash flow. This is a very exciting stage in the Project's development and we recognise the valuable support from DCC and the community in making this a successful start-up."

ENDS

Wolf Minerals Announces 34% Increase in Ore Reserves at Hemerdon Tungsten and Tin Project

Wolf Minerals Releases New Corporate Video

To view the video please visit our home page at www.wolfminerals.com.au

Publication of Updated Corporate Investor Presentation

Specialty metals development company, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) ("Wolf" or "the Company") is pleased to announce that an updated corporate presentation is now available for download from the Company's website, www.wolfminerals.com.au .

Numis Add 22.00 22.00 23.00 Reiterates

I sold these to soon should have had a trailing stop in place , bought back this morning now waiting for new's of the mine opening

Doing well......not the time to sell....

Won't be long now for the mine opening , which will give the share price a boost.

Cleansing Notice Letter to ASX

Numis Buy 19.88 19.50 23.00 23.00 Upgrades

WLFE ISO 14001 Certification for Environmental Systems

Quarterly Activities Report

Highlights for the March 2015 quarter include:

ü Construction of Project 85% complete as at quarter end.

ü Construction remains on schedule and fully funded with commissioning commenced, and initial production expected Q3, 2015 for on time delivery to offtakers.

ü Initial grade control drilling programme completed with results aligning with ore reserve definition drilling.

ü Development expenditure of A$24.4 million for the quarter.

ü Ore reserves increased by 34% within existing planning permission.

ü Temporary go-ahead for 24 hours a day-seven day working at Drakelands Mine received from Devon County Council.

ü Major investor, Resource Capital Funds V L.P. ("RCF") demonstrates continued support by exercising options.

For the Wolf sp .......We need a push.....

Publication of Updated Corporate Investor Presentation


Specialty metals development company, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) ("Wolf" or "the Company") is pleased to announce that an updated corporate presentation is now available for download from the Company's website, www.wolfminerals.com.au .

Wolf Minerals Appoints General Manager - Business Development

Specialty metals development company, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) ("Wolf" or "the Company") is pleased to announce the appointment of Ms Emma Hall as its General Manager, Business Development.

This newly created role, based in Wolf's Perth headquarters in Western Australia, will focus on:

· Managing arrangements with existing offtake partners Global Tungsten and Powders (GTP) and Wolfram Bergbau und Hutten (WBH) for tungsten concentrate, and Traxys for tin concentrate, and maximizing shareholder value from the sale of excess concentrate production;

· Assessing merger and acquisition opportunities in the specialty metals sector, with a view to Wolf expanding beyond a single asset company; and

· Assisting the Managing Director in marketing the Company on both the ASX and AIM markets.

Prior to joining Wolf, Ms Hall worked in the specialty metals sector for five years with the world's largest lithium producer as Executive Director Corporate, where she led corporate strategy, global marketing and sales, and the development of new growth initiatives. Ms Hall has also worked in investment banking in Sydney and London with Rothschild and Merrill Lynch and has undergraduate degrees in law and commerce from the University of Western Australia and a Master of Finance from Macquarie University.

Commenting on the appointment, Managing Director of Wolf Minerals, Russell Clark, said

"Emma's skillset and extensive experience in specialty metals and investment banking will help ensure that Wolf maximises the potential of the Hemerdon project. We will also be well positioned for opportunities that arise in the specialty metals mining space that can take us beyond being a single asset company."

FinnCap Buy 18.13 18.13 22.00 23.00 Reiterates

Hasn't moved the share price , need start to production and Tungstan price to move up fast

LONDON, May 6 (Reuters) – Expectations of collapsing tungsten prices after China abolished export taxes are likely to be dashed as the country's officials have found another way to limit shipments, Russell Clark, managing director at mining firm Wolf Minerals, told Reuters.

A World Trade Organization ruling last year said China's export duties imposed on rare earths, tungsten and molybdenum, were incompatible with the country's WTO obligations. China has abolished those levies effective May 1.

But China has also amended the resource tax so that, again from May 1, it applies to sales value instead of the amounts produced. The resource tax on tungsten is set at 6.5 percent ... .

"The thinking was that China would find another way to maintain the status quo and it has," Clark said in a telephone interview. "There isn't going to really be any impact on tungsten prices from China abolishing export taxes." China is estimated to supply some 80 percent of global consumption, currently seen at about 100,000 tonnes a year.

Tungsten has a high melting point and a hardness close to that of diamonds. It is a key ingredient in hard metals used for industrial drilling and cutting tools. It is also used in electronics and speciality steels.

Tungsten is made from tungstate APT , currently sold at around $250 per 10 kg and expected to rise to $350 over the next year, due to restocking and stronger demand, Clark said.

"For the last 10 years, demand growth for tungsten has exceeded world GDP growth by 1 percent," he said.

"The world needs more tungsten to make more washing machines, marble bench tops, aeroplanes, vibrators in mobile phones and ballpoint pens." The International Monetary Fund last month estimated world gross domestic product growth for this year at 3.5 percent and 3.8 percent for 2016.

Wolf Minerals is listed in London and Sydney . The company is developing a tungsten mine in Britain – the Hemerdon project.

The mine is due to start producing wolframite ore, used to make tungstate APT, mid-2015.

Hemerdon is the only new tungsten project under construction, Clark said. It is expected to produce about 3.5 percent of forecast world demand next year.

(Editing by Dale Hudson) ((pratima.desai@thomsonreuters.com; +44 207 542 5113;)

Keywords: WOLF MINERALS TUNGSTEN/PRICES

© Thomson Reuters Limited. Click for restrictions

https://www.youtube.com/watch?v=zujLfIrisSw

CyprusSteve 16 Jun'15 - 23:04 - 1277 of 1280 0 0

hTTps://www.patersonsam.com.au/publication/resources-reviews/tin-and-tungsten-sectors/download

This is the only way I could find to send a link to what appears to me a comprehensive, and balanced, overview of the tin and tungsten market, plus its relevance to WLFE.
I hope this may be of interest.
Regards
Steve
PS - I simply take the view that any Company that is coming into maiden production and becoming cash / profit generative is a fairly rare beast on AIM.-, with always the possibility of improved resources although clearly unknown:
From the recent presentation – hTTp://www.wolfminerals.com.au/IRM/Company/ShowPage.aspx/PDFs/1667-10000000/WolfInvestorPresentationAustralia29April20
“Tungsten offtake agreements with two of world’s largest end-users.
• Significant potential to increase production and mine life - 6 month trial of 24/7
operation given the go ahead in March 2015.
• Tungsten price forecast to strengthen”
I am surmising that a divi will be payable at some time – maybe two years away.
Ciao,
Steve

.

hTTps://www.patersonsam.com.au/publication/resources-reviews/tin-and-tungsten-sectors/download