TSX Venture Exchange-listed Adex Mining has filed an NI 43-101-compliant technical report on the molybdenum/tungsten Fire Tower Zone (FTZ) at the company’s Mount Pleasant project, in New Brunswick, Canada. For full story, click here
Golden Predator Mines Inc. is pleased to report that it has received final operational permits for its 100% controlled Springer Tungsten Mine, Pershing County, Nevada. For full story, click here
North Bay Resources Inc. is pleased to announce that it has finalizedand signed a contract with Hidalgo Mining International Inc. to engage in a joint-venture for the development of NorthBay’s Gold Hill Project in British Columbia, Canada. For full story, click here
Jasper Mining Corporation has received additional analytical results from the bottom of holes 26 (previously released) and 39 from its 100% owned Isintok property. For full story, click here
Korea International Trade Association yesterday unveiled a list of companies to be awarded today at COEX in Samseong-dong, southern Seoul for their contribution to bringing home foreign currency through exports. For full story, click here
Golden Predator Mines Inc. reports that David Cole has resigned from the board of directors of Golden Predator Mines Inc. For full story, click here
Happy Creek Minerals Ltd. is pleased to announce rock sampling results from work conducted on its 100% owned Fox tungsten-molybdenum property, in south central British Columbia, Canada. For full story, click here
In addition to dominating the world’s supply of tungsten, China is also the metal’s prime consumer.Global consumption of tungsten in 2007 was 62,879 tonnes, of which China accounted for 31.55%, or 19,838 tonnes. Its consumption of the metal has more than doubled over the last decade. For full story, click here
The report represents another milestone in Sultan’s efforts to expedite the re-opening of this historic tungsten and lead-zinc producer which was formerly owned and operated by Placer-Dome. For full story, click here
Shenzhen, the Chinese city that accounts for 60 per cent of China’s total annual exports, is witnessing declining demand for tungsten. In 2007, the latest year for which industry data is available, it shipped $23 million worth of tungsten carbide powder and alloy jewelry.
Wednesday, December 31, 2008