Ferro-tungsten surged across the range for the first time in almost four months on Friday as demand picked up slightly in a market where available material was scarce. For full story, click here
Xiamen Tungsten Co. Ltd. declared details of company’s 365-day finance bill. For full story, click here
Exploration company Ormonde Mining has declared a pre-tax losses of €2.5m for the year to December 2008 compared to losses of €580,00 the previous year. For full story, click here
Playfair Mining Ltd. declared the results of the updated NI 43-101 compliant Inferred Mineral Resource Estimate on its wholly owned Risby Tungsten Deposit. For full story, click here
Nippon Tungsten Co Ltd., a major processor of tungsten and molybdenum, declared that if there is no Q1 or Q3 dividend, Q2 will in most cases correspond to the first-half dividend and Q4 to the second-half dividend declared before a new corporate law in 2006 allowed companies to pay and report dividends on a quarterly [...]
Angry residents from Piketberg and surrounding communities, who attended a public meeting to hear more about the massive 50 ha tungsten mine planned for their valley, are pushing to have the Moutonshoek valley declared a ‘no-go’ area for mining. For full story, click here
China declared that it has suspended the approval process for new antimony, tungsten and rare earth mines until the end of June next year, excluding selected projects, to preserve its resources for future need. For full story, click here
China declared that it would impose a ceiling on the output of mineral resources like tungsten, antimony and rare earth in 2009 amid shrinking demand. For full story, click here
A massive open-cast tungsten mine which is planned for a fertile agricultural valley near Piketberg is declared that it could pollute rivers and groundwater and result in hundreds of farm workers losing their jobs. For full story, click here
According to traders and buyers, U.S. tungsten prices have dipped considerably over the past month or so in a lifeless market. For full story, click here
Friday, May 29, 2009