Tip update: Tungsten West float generates cash for Hargreaves Services

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The flotation of Tungsten West (LON: TUN) is good news for Hargreaves Services (LON: HSP), which has connections with the Hemerdon mine in Devon dating back to the time it was owned by Wolf Minerals. This will generate significant revenues for Hargreaves Services.

Tungsten West bought the mine from Hargreaves Services in 2019, after the latter had taken ownership of the main assets from the administrators in lieu of the money it was owed by Wolf Minerals. This is the fourth largest tungsten ...

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