Woulfe and Almonty Abandon Plan to Merge

The tungsten space got a surprise this morning when Woulfe Mining and Almonty Industries announced that they no longer plan to merge.

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Company News

Premier African Provides Construction Update for RHA Tungsten Mine in Zimbabwe

Premier African Minerals Ltd. (LSE:PREM) announced an update on its construction process at its RHA tungsten project in Zimbabwe, which showed earthworks are ahead of schedule, all major orders for supply and reticulation of services have been placed and plant fabrication is on schedule for shipment to Johannesburg to RHA in May 2015.

Wolf Minerals Increases Ore Reserves at Hemerdon by 34%

Wolf Minerals Increases Ore Reserves at Hemerdon by 34%

Wolf Minerals Limited (ASX:WLF) announced a 34% increase in ore reserves at the Hemerdon Tungsten and Tin Project in Devon, England: new Ore Reserve is 35.7Mt at 0.18% WO3 and 0.03% Sn (reported above a 0.05% W (0.063% WO3) cut-off). The increase is a result of a successful geotechnical drilling program in 2014 which targeted the potential for steeper pit walls. The program resulted in a new pit design 65 meters deeper, and an increase in ore reserves.

Wolf Minerals Receives Temporary Approval to Increase Operating Hours at Drakelands Mine

Wolf Minerals Receives Temporary Approval to Increase Operating Hours at Drakelands Mine

Wolf Minerals Limited (ASX:WLF,AIM:WLFE) announced it has received temporary approval from the Devon County council to increase the primary crusher's operating hours at the Drakesland mine to 24 hours a day, seven days a week. Previously, the primary crusher, which is located at the company's Hemerdon tungsten and tin project in Devon, southwest England, was restricted to running for five and a half days per week.

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Market News

Tungsten Industry in China in Transition

Mining Weekly reported that with China looking to secure tungsten supply from outside its borders, companies not in the Asian nation may be able to finance their projects.

China’s Moly, Tungsten Industries to See Less Growth

Metal Bulletin reported that an industry official believes China's molybdenum and tungsten industries have begun a period of decreased growth. He described the slowdown as the "new norm."

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