Small-Cap Stocks: Tungsten Miner Falls
Globe and Mail reported on small-cap stocks worth watching on Wednesday.
Globe and Mail reported on small-cap stocks worth watching on Wednesday.
Mining Weekly reported Wolf Minerals (ASX:WLF,LSE:WLFE) signed an offtake agreement to cover 80% of its Hemerdon project’s production and a loan facility to support production at its tungsten mine.
CNN Money tungsten is the latest hot commodity to invest on huge demand from China.
Bloomberg reported an English mine will challenge China’s grip on tungsten by reopening an old tungsten mine.
Forbes reported tungsten is one of the best performing rare metals of 2012 and expected to continue its growth.
Kitco reported a recent discovery of economically viable tungsten and tin is opening up Quebec, Canada to mining.
Forbes reported as tungsten supplies dwindle, now is the best time to invest in the metal used widely in energy efficient technologies.
Mining Weekly reported the New Zealand government has awarded a tungsten exploration permit to Siburan Resources (ASX:SBU).
NASDAQ reported North American Tungsten (TSXV:NTC) had gained 15% by midday on Friday after it announced first quarter earning of $6.6 million.
Mining Weekly reported Warren Buffet's Berkshire Hathaway International Metalworking Corporation has agreed to invest $80 million in Woulfe Mining's (TSXV:WOF) South Korean tungsten project.
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