Mining Industry News – Early September 2025
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Tungsten West, the firm hoping to reopen the world’s second-largest tungsten mine in the South West, today warned that a funding crisis could jeopardise its plan.
According to the Plymouth-based firm’s annual financial results, published this morning, “a material uncertainty exists that may cast significant doubt on the group’s and company’s ability to continue as a going concern”.
Shares in the firm fell by nearly 14% as soon as the London Stock Exchange opened this morning.