Adex Mining Inc.(ADE.V) has announced its partnership with Lakefield, Ontario’s SGS Lakefield Research Limited to test the hydrometallurgical treatment of Molybdenum concentrate from the Fire Tower Zone at Adex’s Mount Pleasant Mine Property. If the test work is positive, it will lead to the colick here to acmpany’s upgrade related to its production of tungsten [...]
China Minmetals Corporation, a Chinese metals and mineral trading company, has signed an agreement with the Chenzhou city government to pursue its plan to spend $659 million for a five year exploration of rare earth minerals like Tungsten, Tin, and Bismuth in Hunan province. According to Xinhua, Chenzhou which is located in southern Hunan and [...]
The use of the so-called ‘conflict minerals’ like tungsten, tin, tantalum and gold, has been the cause of violence in the east of the Democratic Republic of Congo. The Obama administration has prompted the American industries to stop the use of the conflict minerals. Under Secretary of State, Robert Hormats is quoted saying: “We are [...]
Woulfe Mining Corp. (TSX-V: WOF), a TSX-V listed company with a diversified portfolio of mining licences for tungsten, molybdenum, gold, base metals, uranium and vanadium in South Korea, has announced that it has partially completed its non-brokered private placement of 29,383,333 shares (each a “Share”) at a price of $0.15 per share generating gross proceeds [...]
Dentonia Resources Ltd. (DTA.V) has announced that Precision GeoSurveys Inc. has completed a 504 line km low-level aeromagnetic geophysical survey at the Stafford Tungsten Project. The press release is quoted as saying: Preliminary data assessment has identified a magnetic low area of interest measuring approximately 1km x 3km, which includes the tungsten discovery at kilometre [...]
Major processor and which refines, fabricates, and sells tungsten and molybdenum, Nippon Tungsten Co., Ltd. has released its fiscal year 2010 report results. Nippon Tungsten was quoted saying: “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 announced before a [...]
There is an increase in the tin/tungsten project margins at Mount Lindsay according to ASX-listed Venture Minerals. In a statement released by the company, the new study had found that the margins a ton could increase by 300% to $80/t. A one-million ton a year operation is assumed after a scoping study was done on [...]
In the prefeasibility study showed by Big Hill it showed that the Western Australia tungsten (W) deposit can deliver Hazelwood Resources feedstock requirements for their new ferrotungsten plant in Vietnam. Hazelwood MD Terry Butler-Blaxell is quoted saying: “The ferrotungsten business in Vietnam requires a long-term supply of high-purity feedstock and the development of Big Hill [...]
Thermal Technology was selected to operate a tungsten and molybdenum sintering furnace which can operate with pure hydrogen or high vacuum environment. Matt Mede, president and CEO of Thermal Technology is quoted saying: “Thermal Technology was selected over Japanese and European suppliers due to our ability to meet the customer’s unique, large-scale design requirements. We [...]
Woulfe Mining reports that it has completed a partially non-brokered private placement. The Placement was brokered by GMP Securities Europe LLP which shall receive a cash commission of 6% of the proceeds directly placed and 3% of the proceeds placed by the Company and 1,763,000 compensation warrants representing 6% of the shares placed. Each whole compensation [...]