W Resources inks Spain contract

W Resources said it had awarded a design and construct contract for the La Parrilla concentrator in Spain to allmineral Aufbereitungstechnik at a contract price of around €8m.

The concentrator is the third core component of the La Parrilla plant infrastructure, following the contract awards for a crusher and jig & mill last year.

"All major plant components are now contracted and aligned with the US$30 million term loan financing," chief executive Michael Masterman said.

"Germany's allmineral is responsible on a fixed schedule and price contract for delivery of the both the jig & mill and concentrator providing important integration benefits in project delivery."

At 8:28am: (LON:WRES) W Resources PLC share price was +0.02p at 0.46p