Tungsten miner Wolf Minerals saw its losses narrow in the second half of last year, supported by a significant increase in revenue from its tungsten concentrate and tin businesses during the period.
Wolf recorded a net loss of $35.4 million after tax for the half year ended December 31, down by 6% from a loss of $37.7 million in the corresponding period of 2016, according to the company's interim financial report released on Wednesday March 7.The company's revenue jumped by 111% to more than $23 million in the second half of 2017, compared with $10.9 million in the prior year, with Wolf attributing the...