China is taking measures to make sure they will be able to supply their domestic tungsten demand; but these measures have a few countries calling foul play.
China’s tungsten market monopoly is often blamed for the metal’s volatility, but in the case of a post-recession rebound, the monopoly appears to be a good thing.
China has had a long standing monopoly on the tungsten market, and has taken some questionable moves to maintain their domination of the market.
Tuesday, October 20, 2009
Low demand, low prices, and the break up of the former USSR has led to a collapse in tungsten production. With China soldering on as the predominant tungsten producer in the world, the West is seeking out direct ownership of non-Chinese mines. Where is the fresh supply?
Friday, March 27, 2009
The ferro-tungsten market has been stagnant in recent weeks, with only a handful of transactions taking place. Last Friday, in China, inactivity translated into a dip in prices. Ferro-tungsten fell to $25.90 a kilogram, down from the recent rate of $28.00 per kilogram.
Animas Resources Ltd. (TSX VENTURE:ANI) reported significant progress in its field exploration program at El Tigre, Santa Gertrudis Mexico.
North American Tungsten Corporation Ltd. (TSX VENTURE:NTC) reported that it will re-start production at its 100% owned Cantung tungsten mine in the Northwest Territories.
Woulfe Mining Corp. (CVE:WOF) reports its development of Sangdong tungsten-molybdenum project, South Korea.
Woulfe has prepared a drilling program to delineate a block lying above the valley floor that has the potential to contain 3 million to 5 million tonnes of relatively high grade resources. This is an exploration target as it is uncertain if further [...]
Virgin Metals Inc. (TSX VENTURE:VGM) provided an update on the ongoing work program at its Los Verdes copper-molybdenum project, located in Sonora, Mexico.
Lara Exploration Ltd.(TSX VENTURE:LRA) is pleased to report that reconnaissance work by its field teams have outlined two extensive copper-gold targets (Osmar and Chico) at its Curionópolis property in the Carajás District of northern Brazil.
Cadillac Ventures Inc. (TSX VENTURE:CDC) announced that it has granted an aggregate of 2,191,398 options to acquire common shares of Cadillac at an exercise price of $0.35 per share pursuant to its stock option plan.
Artha Resources Corporation (TSX VENTURE:AHC) announced that the company continues to make significant progress on its Argentinean exploration projects.
Following the approval by the shareholders at the Annual Meeting of June 17, Malaga Inc. announced the closing of the second tranche of a non-brokered private placement for total gross proceeds of $5.4 million.
Malaga Inc. (TSX:MLG) and Hidropesac – a joint venture between Malaga and its Swiss partner EPD announced preliminary results from the feasibility study for the development of hydroelectric potential at the tungsten mine Pasto Bueno.
Cadillac Ventures Inc. (TSX VENTURE:CDC) announced that it has closed the second and final tranche of its previously announced private placement financing and has raised total gross proceeds under the financing of approximately $4.61 million.

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Thursday, July 22, 2010
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