Tungsten Investing News» mines

Adex Announces Testwork with Lakefield Research

Mike Rodger — Sat, 22 May 2010 05:44:14 +0000

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 [...]

Stagnant tungsten market dips prices

Melissa Pistilli — Fri, 27 Mar 2009 13:01:50 +0000

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.

For tungsten miners, it’s exploration as usual

Melissa Pistilli — Fri, 13 Mar 2009 08:13:38 +0000

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.

Supply cutbacks influence tungsten market

Melissa Pistilli — Wed, 04 Mar 2009 05:38:19 +0000

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.

Tungsten shortage buoys price

Melissa Pistilli — Mon, 02 Feb 2009 04:51:59 +0000

European Ferro tungsten prices crept up for the week as buyers drew down inventories in Rotterdam. For a second week in a row, the Lunar New Year Holiday in China meant lack of supplies were coming out of the country.

Chinese cutbacks and plant closures expected to continue

Melissa Pistilli — Wed, 28 Jan 2009 06:39:08 +0000

Chinese cutbacks and plant closures, expected to continue until after the Lunar New Year holiday next week also helped support prices of magnesium in Europe. For full story, click here