Woulfe Mining Corp. (CVE:WOF) reports its development of Sangdong tungsten-molybdenum project, South Korea. Woulfe has prepared a drilling program to delineate a block lying above the valley floor that has the potential to contain 3 million to 5 million tonnes of relatively high grade resources. This is an exploration target as it is uncertain if further [...]
Thursday, July 22, 2010
China is taking measures to make sure they will be able to supply their domestic tungsten demand; but these measures have a few countries calling foul play.
Continue reading "China’s Tungsten Demand to Grow Eight Percent this Year"
Monday, June 7, 2010
China’s tungsten market monopoly is often blamed for the metal’s volatility, but in the case of a post-recession rebound, the monopoly appears to be a good thing.
Continue reading "China’s Monopoly Favours Tungsten Rebound"
Thursday, May 27, 2010
I’ve already reported on irregular physical gold settlements which occurred in London, England back in the first week of October, 2009. Specifically, these settlements involved the inter-mediation of at least one Central Bank [The Bank of England] to resolve allocated settlements on behalf of J.P. Morgan and Deutsche Bank – who DID NOT have the [...]
Friday, May 21, 2010
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 and [...]
Continue reading "Adex Announces Testwork with Lakefield Research"
Friday, May 21, 2010
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 bordering [...]
Continue reading "Minmetals Invests More than $600M for Tungsten, Tin, and Bismuth"
Friday, May 14, 2010
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 will allow [...]
Continue reading "WA Tungsten Deposit Can Provide Vietnam Ferrotungsten Plant"
Thursday, May 13, 2010
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 warrant [...]
Continue reading "Woulfe Mining closes $4,407,500 brokered private placement"
Wednesday, May 12, 2010
Icon Resources Ltd (ASX: III) has announced the aquisition of 100 percent (mineral rights) Mt Carbine tungsten project in north Qld. The press release is quoted saying; “Icon has acquired EPM 14871 and EPM 14872, for $87,500, from Kangaroo Resources Ltd which is now focussing its activities on coal in Indonesia. The granted exploration tenements cover over [...]
Continue reading "Icon Buys Out Exploration Tenements Surrounding Mt Carbine"
Tuesday, May 11, 2010
Planet Metals (ASX: PMQ) has now completed the assay program at the Wolfram Camp Tungsten Mine. The aim of the program is to improve the performance of the project’s 150,000tpa plant and equipment before going on with the production. The press release is quoted as saying: Best results included: 2m @ 26.3% WO3 and 5.5% Mo from [...]
Continue reading "Planet Metals’ Wolfram Camp Tungsten-Molybdenum Mine Updated"
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Wednesday, July 28, 2010