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Tungsten West, a junior tungsten miner aiming to re-start the Hemerdon tungsten-tin mine in Devon, England, has said it plans to float on AIM later this month and is looking to raise £39 million in the process.
Tungsten West's Hemerdon mine in Devon, UK
The company will issue 65 million shares at 60p, representing 36.7% of issued share capital.
Admission is expected to take place on October 21 with a market cap of £106.2 million.
UK industry speaks to Mining Journal at UK Mining Conference
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