CFO Magazine reports on the Dodd-Frank Act's affect on companies as they search for the source of conflict minerals like tungsten.
Articles Tagged "tungsten supply"
Mineweb reports that Peru's Ministry of Mines says mining of minerals is mixed as investments have gone up.
Bloomberg reports that the World Trade Organization has determined China's raw material export curbs break international rules.
The supply of tungsten in 2011 will be helped by the increases in production quotas in China. However the slight increase in the quota will only alleviate supply issues slightly. In the long run, the cap to minor metals production in China due to the new ‘five year plan’ will further supply side issues on the world market.
A lack of supply has been driving up the price of tungsten on the world market. The further reduction of exports from China is only exacerbating the problem. As new uses and the economic recovery take off new mining will have to make up the difference or severe shortages will be the reality. In an exclusive interview, Stephen Leahy, CEO of American Tungsten explains the factors driving the market.
The prices for tungsten have skyrocketed as much as 81 per cent over the last year due to tight supply chains. China’s second largest tungsten producer announces a three month shut down for repairs, adding scarcity in the market. Also, tungsten miners announce developments on their projects.
Malaga Inc. reported that it signed supply agreement with Global Tungsten & Powders Corp. for the sale of its tungsten ore concentrates produced by the company’s subsidiary at Pasto Bueno mine, Huaura plant in Peru. For full story, click here
This report focuses on the study of the global tungsten markets. It provides region analysis on tungsten production. It features major tungsten producers, prices, supply and demand conditions, international trade, etc. For full story, click here
Mineral drilling companies could name their prices just months ago when the world was hungry for metals. But as commodity prices continue to drop, so does mineral exploration, and New Brunswick’s drillers are watching share prices tumble as a result. For full story, click here
In order to secure a guaranteed supply of tungsten for their operations, Global Tungsten & Powders Corp. has signed a supply agreement with Canadian Venture listed North American Tungsten Corporation. For full story, click here