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15-Jul-2014

Wolf Minerals Limited featured in Reuters

Breakaway Research client, Wolf Minerals Limited was featured in Reuters on the 9th June 2014. To view the article, click on the link:
http://uk.reuters.com/article/2014/06/09/uk-mining-britain-idUKKBN0EK1C820140609

Breakaway Research Reports – Wolf Minerals Limited

Breakaway Research reported on Wolf Minerals Limited in November 2013. Breakaway Research reported:

Wolf Minerals is well and truly on its way to becoming the world’s next major tungsten producer. With finance now secured, redevelopment of the Hemerdon mine is underway. GR Engineering Services has been awarded the fixed term, fixed price contract which should see the 3Mtpa processing plant ‘production ready’ by June 2015.

Wolf Minerals (ASX: WLF, AIM: WLFE) continues to make steady progress towards the redevelopment of the world class Hemerdon tungsten and tin project. The company has secured a A$212M funding package and has engaged GR Engineering Services to commence development of a 3Mtpa processing plant, plus associated infrastructure. The plant will be delivered as a fixed term (24 months from June 2013), fixed price (£75m) contract with first production scheduled for mid-2015. The A$144m (£85m) mining contract was also recently awarded to CA Blackwell who is expected to commence pre- strip and mine development by March 2014.

To view the full report, and historical reports, click here >>

About Wolf Minerals Limited

Developing a major global Tungsten production hub in the Southwest of the UK Wolf Minerals is an ASX (WLF) and AIM (WLFE) listed specialty metals company focused on developing the world-class Hemerdon Ball tungsten and tin project in Devon, in the UK.

A Definitive Feasibility Study completed in 2011 confirmed the Hemerdon project’s robust economics and with global demand forecast to grow by more than 50% between 2010 and 2015, Wolf is uniquely positioned to capitalize on tungsten’s status as one of the European Union’s 14 ‘critical’ metals. The Hemerdon project is ideally located close to existing work force and infrastructure and has updated planning permission, valid to 2021.

Wolf Minerals has an experienced management team of Australian and British mining professionals and is focused on becoming a significant, mid-tier specialty metals producer and delivering superior returns for shareholders. (Source: Wolf Minerals Limited website: www.wolfminerals.com.au)

About Breakaway Research

Breakaway Research is part of the Breakaway Investment Group, and has been providing thematic and company research on the resources sector for over 8 years. A particular strength of the Breakaway research team is that it combines technical experience with financial expertise. This leads to research reports that are supported by a technical assessment of resource projects along with financial metrics for the company.

An important function of these independent research reports is to provide investors and company shareholders with the identification and quantification of the perceived value drivers within a company, which the company may otherwise find difficult to present. Indeed shareholders are an often overlooked but important target in the distribution of these research reports – with well informed retail investors often creating a stable share register.

Our high research quality stems from the extensive experience of our analysts, combined with a process of extensive interviews with company management and industry specialists, as well as site visits if appropriate.