Uran Limited announced its financial report for the half- year ended 31 December 2008 was authorised for issue in accordance with a resolution of the directors on 12 March 2009. One of notes in report included the company’s announcement on On 16 January 2009, that it had entered into an option to purchase the Victor [...]
The tungsten market has been quiet for ’09. Ferro-tungsten prices have been slowly creeping up due to short supply, so it is exploration as usual for the tungsten business. Tungsten exploration outside of China is critical, as the country has a monopoly on the metal used for military and aeronautical equipment.
Largo Resources Ltd. announced that the company has completed a new block model and updated mineral resource estimate incorporating the results from its 2008 drill program consisting of 38 holes totalling 11,509 metres, the results from the 2007 and 2006 drill programs completed by Largo and historical drilling results for the Northern Dancer Tungsten-Molybdenum deposit, [...]
North American Tungsten Corporation Ltd. reported that the Q1-09 Cantung Mine exploration and delineation drill program continues to intersect high grade tungsten mineralization. For full story, click here
Golden Predator Mines Inc. reported that shareholders of the Company overwhelmingly approved the arrangement between the Company and Golden Predator Royalty & Development Corp. at the special meeting of shareholders held March 4, 2009. For full story, click here
Playfair Mining has 100% controlling interest in four advanced stage Canadian tungsten projects. Over the past summer the company conducted drilling programs on their Grey River property in Newfoundland, as well as their Risby project in the Yukon. For full story, click here
The chairman and chief executive officer of North American Tungsten Corp. Ltd. expects that demand for tungsten will grow as tungsten’s use as an environmentally friendly alternative to lead gains in popularity. For full story, click here
Malaga Inc. published a technical report on its tungsten reserves and resources on its Pasto Bueno property located in the Ancash Province in Peru. For full story, click here
Chinese ferrotungsten export prices have been creeping up since the conclusion of the spring festival in January. Low prices in the fourth quarter of 2008 pushed many key tungsten producers to stop operations. The same miners have announced, that despite the current trend, they do not plan to resume mining and production in short term.
Geodex has reported the completion of an Updated Preliminary Economic Assessment Report on Its Sisson Brook Tungsten-Molybdenum Deposit, New Brunswick. For full story, click here
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