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

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

Wet Commissioning Process Underway at Hemerdon Tungsten and Tin Project

Specialty metals development company, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) ("Wolf" or "the Company") is pleased to announce that it has commenced ore processing as part of the wet commissioning of the processing plant at its Hemerdon tungsten and tin project in Devon, UK.

Key points

· First ore has been fed into the processing plant, a significant step in the wet commissioning programme.

· GR Engineering will continue commissioning with Wolf, with plant handover scheduled for August 2015.

· Wolf remains on schedule to deliver initial concentrates to customers in Q3, 2015.

The introduction of the first ore into the plant was on schedule following the completion of construction of the processing plant and associated infrastructure.

This represents a major milestone in the development timeline of the Hemerdon project, and ensures that the Company's goal of delivering the first new metal mine in Great Britain for 45 years will shortly become a reality.

Anyone else playing?

finnCap Buy 20.13 22.00 23.00 Reiterates

I am , but only bought back in again at 20p , they haven't put a foot wrong yet [ the management ] , icing on the cake will be a higher Tungstan price

One of the few investments I can keep a physical eye on. The local involvement and approval is almost unique given the big visible presence the site has and so close to Dartmoor also.

"MIDAS SHARE TIPS UPDATE: Wolf shares bounce back as tungsten mine moves closer to production

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 .

The Company also has two "live" cameras viewing the site. To view the live streaming at the project site please visit:

http://www.wolfminerals.com.au/irm/content/live-streaming-video.aspx?RID=326

Wolf Minerals broker hustings in the Old Dart
Post Wed Jul 01, 2015 8:41 pm
We credit Wolf Minerals for doing what no one in Britain has managed for 45 years and we’re not talking about abolishing the monarchy.

Wolf was on the broker hustings in the Old Dart last night having last week commissioned its $250 million Hemerdon tungsten mine in Devon — a right royal effort in such a torrid market.

First customer deliveries of the strategic metal are due in the September quarter.

A well as being the first new metals mine in the Old Dart for more than four decades, Hemerdon becomes a source of new supply in the tight Chinese-dominated tungsten market.

A heavy, non-corrosive metal with a high melting point, tungsten has uses including steel alloys, drilling and the nuclear industry.

Tungsten has not been immune from the commodities pain. But at $US225-$US230 a tonne, Wolf claims a decent margin at an all-in production cost (including funding) of $US170 a tonne.

In the colonies, Carbine Tungsten hopes that Wolf’s achievement will boost investor sentiment towards its Mount Carbine project near Cairns.

Backed by $15m and an offtake agreement from Mitsubishi, Carbine has processed tailings at the mine, which operated in the 1980s.

Carbine chief Jim Morgan says the board is fielding funding offers from several US, Japanese and Chinese and is confident of a deal. The feasibility study estimated a $55m cost with an 18-month payback period, for a net present value of $160m.

The tungsten price has softened since then, but the Australian dollar has favourably risen and costs have fallen. On balance, we’ll assume the metrics haven’t changed.

“We believe the fundamentals of our project are the best of anyone’s.’’

Morgan admires what Wolf has done, but can’t help pointing out Wolf’s higher costs and more difficult locale (that is, it’s near civilisation and more disruptive).

Wolf contends Hemerdon is years ahead of any other new tungsten project. For nearby Plymouth, the mine — and the 200 jobs it creates — is the best thing since Captain Cook.

Wolf and Carbine pose the choice of an extant miner with a $330m market cap, or the up-and-comer valued at $38m.

Criterion last had Wolf and Carbine as spec buys two years ago, at 25c and 6c respectively.

Given we’re not about punishing success, we maintain the call. However, Wolf needs to overcome the bogy that the first owner of a mine tends not to be the one that makes the money.
timing40

Quarterly Activities Report

For the Three Months Ended 30 June 2015

Specialty metals company, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) ("Wolf" or "the Company") is pleased to provide the following update on its recently developed Drakelands open pit mine ("Drakelands") constructed at the Company's world class Hemerdon tungsten and tin project ("the Project") in Devon, southwest England, for the three month period to 30 June 2015.

Highlights for the June 2015 quarter include:

ü No lost time incidents on site. 164 days injury free.

ü Construction completed with all key infrastructure including the processing plant, Mine Waste Facility (stage 1), laboratory, administration building, water dams and utilities ready for use.

ü Commissioning commenced on schedule, with first ore introduced to the plant in June 2015.

ü GR Engineering targeting to undertake final performance testing in August 2015 ahead of "hand over" to Wolf.

ü On track to deliver initial production to customers on schedule in September 2015.

ü Development expenditure of A$31.8 million for the quarter.

ü IS0 14001 certification for environmental management systems achieved.

ü General Manager, Business Development appointed.

more....

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 .

The Company also has two "live" cameras viewing the site. To view the live streaming at the project site please visit:

http://www.wolfminerals.com.au/irm/content/live-streaming-video.aspx?RID=326