Colt Resources Inc. (TSXV:GTP,FWB:P01,OTCQX:COLTF) announced Steve McRobbie will lead the mining efforts at its project in Portugal.
Woulfe Mining Corp.(TSXV:WOF) announced an increase on its indicated resource by 2.75 times at the Sangdong mine, South Korea. This increase will support the initial ten years of mining at the Sangdong project.
As quoted in the press release:
Thor Mining (ASX:THR,TSX:THR) announced a substantial 12% improvement in projected metallurgical recovery of tungsten for the Molyhil tungsten and molybdenum project.
Mineweb reported the price of Ucore Rare Metals’ (TSXV:UCU) shares jumped after it announced assay results of samples from its Ray Mountain project in Alaska.
Ucore Rare Metals Inc (TSXV:UCU,OTCQX:UURAF) announced results from extensive alluvial rare earths and tin multi-metal property holdings in the Ray Mountains of Alaska.
Bloomberg reported tungsten will probably stay above $40,000 a metric ton this year, according to Malaga Inc. (TSX:MLG).
Woulfe Mining Corp.(TSXV:WOX) announced resource updates for its 100% owned Mugak project in South Korea. Woulfe employed AMC Consultants Pty Ltd to prepare the resource estimate for Mugak and have commissioned the company to undertake a scoping study early this year.
Fernando Pajuelo has been appointed as General Manager in charge of mining operations at the Malaga Inc. (TSX:MLG,OTCQX:MLGAF) Pasto Bueno tungsten mine in Peru.
Playfair Mining Ltd. (TSXV:PLY) announced the results of an updated independent mineral resource estimate on its 100% owned Grey River Tungsten Deposit located near the fishing village of Grey River, Newfoundland.
Northern Minerals (ASX:NTU) reported it has granted Tungsten West NL the designated base metals mineral rights, excluding rare earth elements.
Reuters reported the U.S. Securities and Exchange Commission said mining companies will need to disclose information about health and safety violations.
Prospecting Journal reported China has the potential to choke off U.S. supply to the U.S.
American Elements reported on the five metals, including tungsten, that will most upset American industry if supply grows any smaller.
IBTimes reported Thor Mining (LSE:THR,ASX:THR) has raised A$173,000 for its gold and tungsten projects in Australia.
Bloomberg reported Korea Resources is planning on increasing nine stockpiles of rare earths by 382%.
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Tue, Jan 24, 2012