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

Trying 19p again.

Excellent 5.8% rise today - previous resistance @21p

Well done skinny, on not such a good market day.

Thanks DC - today looks like being a tad red!

GAP & RSI aside, 24/25 still looks realistic.

Wolf strengthens the Hemerdon Project management team

Investor Update

Notice of AGM

Driectorate Change

Change in Managing Director

· Humphrey Hale to step down in-line with Company's transition strategy to producer status

· Former Grange Resources managing director Russell Clark appointed as new managing director

Specialty metals exploration and development company, Wolf Minerals Limited (ASX: "WLF", AIM: "WLFE") ("Wolf" or the "Company") advises that Managing Director Humphrey Hale will step down from his role, effective today, 16 October 2013, and that Russell St. John Clark (55) will become the Company's new Managing Director.

The change in the Company's senior leadership is in line with its transition strategy as Wolf moves from the exploration and development phase of its evolution into mine construction, and eventual production, at its Hemerdon tungsten and tin project in Devon, in southwest England.

Mr Clark will commence his role with the Company with immediate effect. Mr Hale will continue to work with Wolf in a consultancy capacity for a period of three months to ensure an efficient hand-over and transition in the leadership of the company.

Mr Clark is a highly experienced and successful senior resource sector executive, and has more than 35 years experience in technical roles, project management, general management and executive positions at projects in the USA, Africa, Papua New Guinea, and throughout Australia.

He was previously Managing Director of Grange Resources (ASX: GRR), Australia's largest magnetite producer. During his four and a half year tenure with Grange he oversaw its successful merger with Australian Bulk Minerals, plus the completion of pre-feasibility and bankable feasibility studies for Grange's $3 billion Southdown magnetite project. The market capitalisation of the company grew four-fold during his tenure, and posted record profits and cashflow, paying its inaugural dividend in 2011.

Mr Clark was also CEO of South American focused exploration company Azimuth Resources (ASX, TSX: AZH) which was successfully taken over by Troy Resources (ASX, TSX: TRY) in August 2013.

Mr Clark holds a Mining Engineering degree (BSc Hons) from the Royal School of Mines, London, UK and a Graduate Diploma from the Securities Institute of Australia. His prior experience also includes roles with Newmont and Normandy, for a period of eight years, following 18 years at Renison Goldfields. At Newmont he was the Group Executive-Operations responsible for seven gold mines in Australian and New Zealand.

The Company would like to thank Mr Hale for his outstanding contribution to the growth and development of Wolf Minerals in his seven years with Wolf. He was the Company's inaugural Managing Director and oversaw its highly successful IPO and ASX listing in 2007, which saw Wolf become the best performing IPO of the year. He was also responsible for the acquisition of the Hemerdon project and its subsequent growth and development, which culminated in the delivery of a robust Definitive Feasibility Study (DFS) in May 2011 and a major funding package to facilitate the project's development.

He leaves his role with Wolf extremely well placed to achieve its corporate objective of bringing the Hemerdon project on line as the world's next major tungsten mining operation.

Quarterly Report

Highlights from the September quarter include:

· Russell Clark appointed new Managing Director, subsequent to quarter end.
· Strengthening of the Hemerdon project management team
· £85 million Mining Services Contract awarded for Hemerdon Project
· Permitting of Tails Storage Facility (TSF) advanced
· Land acquisition process at Hemerdon site ongoing
· Ronnie Beevor appointed to board as Non-executive Director

Russell Clark appointed new Managing Director

Subsequent to the quarter (ASX announcement, 16 October 2013) experienced senior resource sector executive Russell Clark was appointed Wolf Minerals' new Managing Director, replacing inaugural Managing Director Humphrey Hale. The appointment was in line with the Company's transition strategy, as it moves from exploration and development into mine construction and eventual production at the Hemerdon tungsten and tin project.

Mining exploration entity quarterly report

Waste Facility Permit

Wolf Minerals achieves milestone in permitting process for Hemerdon Tungsten Project

· Waste Facility Environmental Permit granted 'minded to' status.

· Final step before granting the permit.

· Waste Facility Environmental Permit anticipated to be granted in December.

Wolf Minerals finalises property acquisitions

Wolf Minerals finalises property acquisitions at Hemerdon Project

Key milestone in project's planning permission

Specialty metals development company, Wolf Minerals Limited (ASX: WLF) (AIM: WLFE) ("Wolf" or the "Company") is pleased to announce that it has purchased, or has contracts in place for the acquisition of, all properties required under the planning permission for the development of its world class Hemerdon tungsten and tin project in the southwest of England.

This represents another key milestone in the development timeline for the Hemerdon project.

Wolf Minerals issued Class A Environmental permit for Hemerdon Tungsten Project

• Mining Waste Facility Environmental Permit granted by Environment Agency.
• Award of permit a major milestone for project and a prerequisite to commencing construction.
• Construction scheduled to commence January 2014.

Board Changes

Hemerdon Tungsten Project Pre-Construction Update

· Review of capital and operating costs
· Forecast tungsten prices have strengthened
· EPC contractor to commence project construction this month

Specialty metals development company, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) (Wolf, the Company) is pleased to provide the following update on recent and planned activities at its world class Hemerdon Tungsten and Tin Project (Project) in the southwest of England.

Project Milestones
On 16 May, 2011, the Company announced the results of its Definitive Feasibility Study (DFS) for the Hemerdon Project.

Since completing the DFS, Wolf has successfully advanced the project to now being 'construction-ready', with the following key milestones achieved in recent months:

Financing
· A US$75 million Bridge Finance Facility secured from major shareholder, Resource Capital Funds, to commence design and construction work;
· Senior Project Finance Facilities of £75 million from ING, Unicredit and CAT Financial are in place;

Operational
· £75 million fixed price, fixed term EPC contract awarded to GR Engineering Services (ASX: GNG) for the design and construction of the process plant;
· £85 million Mining Services contract awarded to CA Blackwell Ltd to mine the open pit and build the mine waste facility;
· All major permits to proceed with development have been received; and
· The properties to be acquired as a condition of the Planning Permission have all been purchased.

Wolf is now finalising the arrangements to complete project funding in parallel with project site activities.

Project Timetable
The Project remains on schedule to commence earthworks this month with construction scheduled to commence during Q2 2014. First production is timetabled for the second half of 2015.

An indicative timeline of activity through to production is available in an updated presentation, on the Company's website.

Capital Costs
Since announcing the positive results of the DFS in May 2011, detailed design for the Project has been undertaken. The capital costs for a 3 million tonne per annum project have been updated to reflect this detailed design work and to account for any variance in costs in the period of time since the initial costs were estimated in the DFS.


more...

Will come right in the end....just have to sit tight on this one...

Worth a read - Tungsten miner hardens big plans in Devon

Numis Buy 20.75 20.75 - 30.00 Initiates/Starts

skin worth a punt, no stamp duty and isable

I've been in since last June.