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On today's Vox Markets Podcast:
W Resources (WRES)
Michael Masterman, Chairman of W Resources (WRES) discusses the early start-up of production of tungsten and tin concentrate at the La Parrilla mine in Spain as part of a planned staged build-up to full mine production in 2019.
W Resources strategy is to build a European mining company focussed on delivering long term production of tungsten, a key strategic metal with strong market fundamentals. With five projects in Spain and Portugal, W has three tungsten projects: La Parrilla in Spain, Régua and Tarouca in Portugal; the CAA Portalegre gold/copper project in Portugal and the Monforte-Tinoca copper project in Portugal. With two large low cost tungsten mines in development, the focus is on the Fast Track development of La Parrilla and Régua.
Cadence (KDNC)
Kiran Morzaria, Chief Executive Officer of Cadence (KDNC) provides and update on it's lithium based investments and the lithium market.
Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.
(Interview starts at 9 minutes 12 seconds)
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