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

Impressive !...been stuck in this for some time now...but will hang on for better times...

Better times are here RF , up 16% this morning

up on the basis of what (and small volume)?
i think long term that the company does indeed have prospects, and i am sure the cornish locals hope so

The mine is in Devon cynic :-)

chuckle chuckle chuckle
well with a name like kernow, you must assuredly know!
for some reason i always though it was cornwall, but confess it's not a share i have ever followed though i know about it

that said, though the piskies hate to be told, devon isn't a million miles away

Not holding myself either although I do see the mine on the skyline from time to time - very impressive construction activity but I have too many jam tomorrow shares already. Perhaps when the ore starts to flow....
PS Devonians put cream on their scones first which makes them aliens.

cynic

Up 21% , up mainly on the basis of the end of a seller drip feeding 100,000 to 150,000 nearly every day for the past few months

kernow

Clotted cream

Didn't know there was any other sort when I was a kid. I still think anything else is just creamy milk :-)

Publication of Updated Corporate Investor Presentation

Now firmly in the money.

Interim Financial Report

Highlights for the half year include:

· On track to deliver the first new metal mine in Great Britain for over 45 years.

· The progress of the Hemerdon Project (the "Project") as at the half year was 67% complete and also on schedule and within budget. The EPC contractor expects to commence dry commissioning of the plant in March 2015.

o The EPC Contractor hand over to Wolf Minerals is scheduled for Q3 2015.

o At the half year all structural concrete pours were complete with structural steel erection being 44% complete. As the date of this release the structural steel erection is now 80% complete.

· The Mine Waste Facility is on track to be finished by the scheduled plant commissioning.

o During construction of the Mine Waste Facility 100,000 tonnes of ore has been extracted and stockpiled, forming the basis of the initial feed to the processing plant.

· A geotechnical diamond drilling programme to assess the feasibility of extending the mine life through steepening the mine walls and thereby enabling a deeper pit has concluded. With the potential to increase ore reserves by between 15% to 23% this possible extension would occur within the existing planning permission boundary.

· Commencement of the draw down of £75m million in senior debt facilities following Wolf Minerals satisfying all necessary conditions. As at the date of this release 50% of the debt facilities have been drawn.

· The Assay Laboratory contract for the Project was finalised and awarded to SGS. The Power Supply contract for the Project to DONG Energy was awarded in early January 2015.

· Recruitment of key personnel is on track.

Commenting on the interim results, Wolf Managing Director, Russell Clark said:

"I am delighted to be able to report on the significant progress we made in the first half of the current financial year and which has continued into the second half. The Hemerdon Project is progressing well and is on schedule for dry commissioning in March 2015 with 100% of the equipment having been delivered and 80% of the structural steel erection complete since the period end. Additionally, we have completed the drilling programme undertaken to assess the opportunity, within the existing planning permission boundary, to steepen the mine walls and thereby increase the reserves and extend the mine life. The Company will report on the results of the drilling programme in due course. Based on the progress we have made so far the Board remains confident of delivering a tungsten producing mine on schedule and on budget."

ENDS

Site Visit to Drakelands Mine


Specialty metals development company, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) ("Wolf", "the Company"), is pleased to announce that it is hosting a site visit to its Drakelands Mine in Plymouth, South West England, on Thursday 12 March.

The site visit is being attended by sell-side analysts, institutional investors and press. The visit will include a presentation by MD Russell Clark which will outline the work completed at the mine so far and the project timeline leading up to production in Q3 2015. No new material information will be released.

The Wolf Minerals presentation is available on the company's website: www.wolfminerals.com.



ENDS

Link to video in today's FT

Link to the article - Wolf Minerals’ tungsten mine to start production in Devon

Coming right at long last !....sat through the bad times....

Same here.

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 .