By Robert Tyerman | Tuesday 21 July 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Out-of-favour tungsten hopeful W Resources (WRES) says the authorities in south-west Spain’s Extremadura region have granted environmental approval sooner than expected for a fast track mine within the company’s La Parrilla project. Chairman Michael Masterman says W Resources now hopes to receive full development approval in September, which, he suggests, ‘will be the next key step paving the way for first mine production in 2016.’
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