Adex mining reported filing of audited financial statements

Tuesday, March 31, 2009

Adex Mining Inc. declared that it has filed on SEDAR its audited financial statements as at and for the year ended December 31, 2008. For full story, click here

Malaga announced financial results for year 2008

Tuesday, March 31, 2009

Malaga Inc. announced its financial results for the year ended December 31, 2008 and reported sales of 55,173 MTUs of tungsten concentrate adding up to $10,6 M. For full story, click here

China’s ferro-tungsten offers lower metal prices in Vietnam

Monday, March 30, 2009

Chinese-backed factories in Vietnam are offering ferro-tungsten at prices far below Chinese offers, forcing Chinese export offers down to $24-25 per kg, from $28-30 per kg last week. For full story, click here

Stagnant tungsten market dips prices

Friday, March 27, 2009

The ferro-tungsten market has been stagnant in recent weeks, with only a handful of transactions taking place. Last Friday, in China, inactivity translated into a dip in prices. Ferro-tungsten fell to $25.90 a kilogram, down from the recent rate of $28.00 per kilogram.

EMC Metals declared appointment of its new chairman

Tuesday, March 24, 2009

EMC Metals Corp. reported that William M. Sheriff has agreed to serve as Chairman of the Company’s Board of Directors. For full story, click here

Companies seeking ways to save cash

Monday, March 23, 2009

In recent weeks, large explorers and miners started to lodge scrip bids for smaller targets that are a logical fit. For instance, Queensland Ores had to suspend production at its Wolfram Camp tungsten and mine in November after it experienced some mining and metallurgical problems. For full story, click here

Tungsten slips by over $1/kg

Monday, March 23, 2009

Ferro-tungsten slipped on Friday, with continuing low demand in a market that had been stagnant for two weeks putting downward pressure on prices. For full story, click here

Tungsten prices remain unchanged in listless market

Friday, March 20, 2009

Tungsten prices in the United States remain stagnant, but market sources agree buyers could drive down prices if they were prepared to bargain hard-and if demand justified doing so. For full story, click here

Geodex announced strong outlook for tungsten at Sisson Brook

Tuesday, March 17, 2009

Despite the long progress and the global economic meltdown, Geodex Minerals ltd. announced that the outlook for the mining of tungsten remains positive at Sisson Brook. Geodex district manager Dave Martin, said: The key metal that we’re looking for at Sisson Brook, tungsten, is still staying strong. For full story, click here

China’s tungsten city raises funds to buy 10,000 T reserves

Monday, March 16, 2009

Ganzhou, a city in eastern China’s Jiangxi Province and a leading tungsten making region, is building up its own tungsten and rare earth reserves to support domestic metals firms. For full story, click here

Asides

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