https://www.engineeringnews.co.za

European tungsten miner delists from AIM

25th May 2022

By: Creamer Media Reporter

     

Font size: - +

Tungsten, tin and gold mining company W Resources on Wednesday announced the delisting of its shares from trading on AIM and said that it would seek a relisting on a stock exchange in future, should circumstances allow.

Trading in W Resources’ shares was suspended on April 5, owing to the impact of the uncertainties caused by the high liquid natural gas prices that placed an excessive cost burden on the La Parrilla mine, in Spain, with the further impact of the ongoing truck drivers dispute, which caused a shortage of critical spare parts.

On April 25, the company announced that Grant Thornton had resigned as its nominated adviser with immediate effect. Pursuant to AIM rules, a company’s trading is cancelled within one month of a company ceasing to have a nominated adviser.

To watch Creamer Media's latest video reports, click here
 

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

VISIT SHOWROOM 
ECG Engineering
ECG Engineering

ECG provides specialised electrical engineering services to the Mining, Utilities, Materials Handling and Industrial industries, with extensive and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.049 0.9s - 140pq - 2rq
Subscribe Now