The reduction of export quotas from China, the world’s leading producer of the metal helped the price nearly triple over the course of the year. Recent reports from China have the quotas increasing nearly 10 percent for the first half of 2011. What will be the major stories for the tungsten market in 2011?
China Knowledge.com reports that Xiamen Tungsten Co Ltd has bought Guangzhou Pearl River Optoelectronic New Material Co Ltd from Japan’s Mitsubishi Chemical Corp.
Proactive Investors.com reports that there will be demand for more production of tungsten in 2011, with China placing further restrictions on their exports
Mineweb.com reports that EMED Mining Public Limited (LON:EMED) has announced progress with their Regua Tungsten Deposit
Malaga Inc. (TSE:MLG) announced that it has received $2.6 M from Dyancor Gold Mines (TSE:DNG).
Philadelphia Carbide announced that it has introduced cost-effective tungsten carbide replacement parts for homogenizers.
Avrupa Minerals Ltd. (CVE:AVU), formerly Evergreen Capital Ltd., is a junior exploration company based in Vancouver, Canada. The Company focuses on a variety of resources, particularly copper-zinc and tungsten deposits in Portugal, and silver-lead-zinc-gold deposits in Kosovo. The Company currently holds four licenses and one application in Portugal through its 90%-owned subsidiary MAEPA Lda. and two licenses in Kosovo through it’s 92.55-owned subsidiary Innomatik Exploration Kosovo (IEK).
Maya Gold and Silver Inc. (CVE:MYA) announced the 2011 exploration plan in light of the new geological model outlined for its Amizmiz property in Morocco
Yankee Hat Minerals (CVE:KHT) announced that drilling on the Fran Property is carrying on according to plan.
Avrupa Minerals Ltd.( CVE:AVU) announced that they have renewed the Glavej and Kamenica exploration licenses, located in Kosovo.
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