When was W Resources founded?

W Resources was founded in 2004 and raised its 1st funding round 10 years after it was founded.

Where is W Resources located?

W Resources is headquartered in London, United Kingdom. It is registered at C/O FRP ADVISORY TRADING LTD (EDINBURGH OFFICE) 2ND FLOOR,110 CANNON STREET,LONDON,EC4N 6EU.

How many employees does W Resources have?

As of Dec 31, 2020, the latest employee count at W Resources is 72.

Is W Resources a funded company?

W Resources is a funded company, having raised an undisclosed amount across 7 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Oct 16, 2014.

When was the latest funding round of W Resources?

W Resources' latest funding was a $***** Post IPO round on Mar 30, 2020, with participation from 1 investor. Its primary sector is Mining Companies. In United Kingdom, the Mining Companies sector has seen $23M in funding in 2026 to date.

Where does W Resources rank among its competitors?

W Resources ranks 61st amongst 1254 active competitors, of which 33 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was New Gold, which secured $11.1M in Mar, 2025.

Who are the top competitors of W Resources?

W Resources' top competitors include Vale, BHP and Globex Mining. Among them, New Gold secured the most recent funding round in March, 2025.

W Resources - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

W Resources is a tungsten production, exploration and development company. It has portfolio of assets in Spain and Portugal. Its projects include La Parrilla in Spain, Régua and Tarouca in Portugal,the CAA/Portalegre gold/copper project and Monforte-Tinoca copper project in Portugal.

Website: wresources.com
Social
Email ID: *****@wresources.com
Phone Number: +44 **********
Registered Address: C/O FRP ADVISORY TRADING LTD (EDINBURGH OFFICE) 2ND FLOOR,110 CANNON STREET,LONDON,EC4N 6EU

Key Metrics

Founded Year

2004

Location

London, United Kingdom

Stage

Public

Latest Funding Round

Post IPO, Mar 30, 2020, $*****

Investors

Miton Group & 3 more

Ranked

61^st among 1254 active competitors

Employee Count

72 as on Dec 31, 2020

Similar Companies

Vale & 1306 more

Exit Details

Public

View W Resources' full profile

W Resources is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
W Resources Plc CIN: 4782584 , United Kingdom, Active	May 29, 2003	-	72 (As on Dec 31, 2020)

W Resources got listed on Nov 04, 2004.

Click here to take a look at W Resources's IPO in detail

W Resources has raised funding over 7 rounds. Its first funding round was on Oct 16, 2014. Its latest funding round was a Post IPO round on Mar 30, 2020 for $*****. 1 investor participated in its latest round. W Resources has 4 institutional investors.

Here is the list of recent funding rounds of W Resources:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 30, 2020	5085095	Post IPO	3565347	7464271	5991910	7823380
Nov 29, 2019	9713640	Post IPO	9445308	7116719	8076693	9745538
Sep 16, 2019	1874946	Post IPO	7393103	7588264	4739701	9021970

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View details of W Resources's funding rounds and investors

The founders of W Resources is Michael Masterman.

Here are the details of W Resources' key team members:

Michael Masterman: Co-Founder & Chairman of W Resources.

View details of W Resources's Founder profiles and Board Members

W Resources' employee count trend

W Resources has 72 employees as of Dec 20. The total employee count is 50.0% more than what it was in Dec 19. Here is W Resources's employee count trend over the years:

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Top competitors of W Resources include Vale, BHP and Globex Mining. Here is the list of Top 10 competitors of W Resources, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vale 1942, Rio de Janeiro (Brazil), Public	Provider of iron ore and nickel exploration services	-	Maaden, BNDES & 11 others	75/100
2nd	BHP 1885, Melbourne (Australia), Public	Provider of multinational mining, metals, and natural gas petroleum services	-	AUI, Carlton Investments & 10 others	66/100
3rd	Globex Mining 1949, Rouyn Noranda (Canada), Public	Diversified metals exploration and development company	$19.6M	Yamana Gold, Electro Metals & 1 others	60/100
4th	Hindustan Zinc 1966, Udaipur (India), Acquired	Zinc, lead and silver mining company	-	-	59/100
5th	New Gold 1996, Ontario (United States), Acquired	Gold mining company	-	Ontario Teachers' Pension Plan, RBC Capital Markets ... & 1 others	58/100
6th	Sibanye-Stillwater 2012, Westonaria (South Africa), Public	Producer of gold	-	Lone Bull Group, Milost Global	58/100
7th	Severstal 1955, Cherepovets (Russia), Acquired	Vertically integrated steel and steel-related mining company	-	Severgroup	57/100
8th	Eldorado Gold 1992, Vancouver (Canada), Public	Gold and base metal exploration company	-	National Bank Financial Wealth Management, EBRD ... & 2 others	56/100
9th	USAC 1968, Thompson Falls (United States), Public	Mining & exploration company focused on antimony and precious metals	$2.2M	-	55/100
10th	Boliden 1924, Sweden, Public	Operator of mines and smelters producing base and precious metals	-	Forestum Capital, Europa	55/100
61st	W Resources 2004, London (United Kingdom), Public	Tungsten production, exploration and development company	-	Miton Group, Atlas Capital Markets & 2 others	47/100