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Wolf in administration as it fails to secure funding

By:  
Creamer Media Senior Researcher and Deputy Editor Online
 
FUNDING UPDATE
The owner of the Drakelands openpit mine in the UK has run out of money and has gone into voluntary administration. Speciality metals producer Wolf Minerals announced on Wednesday that it had failed to secure funding and that it was not in a position to meet its short-term working capital requirements to continue operations at the mine.
 
 
 
 
 

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