Gold prices are hitting eight-month highs, thanks to investors looking for an alternative to stock market volatility.
Prices are also being supported by a weaker dollar and buying by global central bankers and Asian jewelry buyers.
Gold futures closed above the key $1,300 per troy ounce this week, and the February contract closed at a high of $1,308.90 Tuesday. Gold had fallen into a slump last summer and had been held back by a soft demand picture
W Resources PLC (LON:WRES) is building a European mining company focussed on delivering long term production of tungsten, a key strategic metal with strong market fundamentals.