Wolfram Camp mine, which was closed down in the 1980′s, produced first concentrates of tungsten and molybdenum once again. Managing director Taff Greenwood of Queensland Ores Limited, which has taken over the mine, said: The company hopes to produce 1000 tonnes of tungsten concentrate and 80 tonnes of molybdenum concentrate in the first year. Click here [...]
Roca Mines Inc. reported that significant tungsten mineralization was intersected during its recent surface diamond-drilling program conducted on the southern portion of the Ridge Tungsten Zone at the MAX project. For more information, click here For company’s website, click here
With the majority of tungsten coming from China, Chinese economic activity arguably has the greatest effect on tungsten metal prices. In 2005 China depressed their exports and increased their domestic consumption.
TungstenInvestingNews.com maintains a focus on Tungsten exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Tungsten Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
As with most investments there are risks and rewards associated with commodity investing, often in lock-step. Many investors hire experts to manage their money rather than doing the investigation required to increase the chances for success. But…