Mark Thompson of Tungsten West Limited shares the history of the Hemerdon Mine project from the promise to the disaster and now to its resurrection.
About Tungsten West
Tungsten West Limited (TWL) owns the Hemerdon Mine – the world's fourth-largest tungsten resource, which is found just outside Plymouth in the County of Devon in the UK.
Formerly owned by Wolf Minerals Ltd, TWL is rebuilding the processing plant and including cutting-edge technologies in order to make Hemerdon one of the largest and lowest-cost tungsten producers in the world.
I am very interested in the tungsten industry. Having been involved in this sector, I was curious at how Tungsten West was going to raise the Hemerdon Tungsten Mine from the ashes.
This Rooster Talk was everything that I had hoped as Mark clearly detailed the entire process.
The viability of the project is ingenious and I take my hat off to management.
This is not your typical resource mining story. The way this project tackles the intriguing dark pricing of tungsten may actually position Tungsten West with a Tier-1 project in the coming years.
To add more icing to the cake, they got it for a bargain.
About Mark Thompson
A highly experienced trader, investor and entrepreneur in the natural resources sector, including founding several companies and working for major physical trading, hedge fund and private equity groups.
His experience includes:
- Former portfolio manager and chief investment officer at a large metal-focused hedge fund.
- Former partner at one of the worlds largest private equity houses
- Founder of several mineral exploration companies
- Non-executive director of listed and unlisted mining companies, specialising in corporate governance
- Expert in the supply and demand analysis of base metals
- Expert in trading metals derivatives.
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