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West Eager To Break Chinese Monopoly

Tuesday, October 20, 2009

3 Comments

Low demand, low prices, and the break up of the former USSR has led to a collapse in tungsten production. With China soldering on as the predominant tungsten producer in the world, the West is seeking out direct ownership of non-Chinese mines. Where is the fresh supply?

Stagnant tungsten market dips prices

Friday, March 27, 2009

4 Comments

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

Friday, March 13, 2009

1 Comment

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

Tuesday, March 3, 2009

1 Comment

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.

Is the latest grand illusion replaced gold with tungsten?

Fri, Feb 5, 2010

0 Comments

The Daily American reported that the latest grand illusion replaced gold with tungsten:

Adex Grants Options

Fri, Feb 5, 2010

0 Comments

Adex Mining Inc. (TSX VENTURE:ADE) reported that the board of directors today granted an aggregate of 1,750,000 stock options of the Company to its directors and officers and to certain employees and consultants of the Company.

Geodex’s Tungsten Discovery at Nashwaak Property

Wed, Feb 3, 2010

0 Comments

Geodex Minerals Ltd. (TSX VENTURE:GXM)(FRANKFURT:G2W) announced the results of the first ever drill program on its Nashwaak property in New Brunswick.

Largo Resources engages Banco Itau as Financial Advisor

Tue, Feb 2, 2010

0 Comments

Largo Resources Ltd. (TSX VENTURE:LGO) reported that the company has engaged Banco Itau BBA S.A., a subsidiary of Itau Unibanco Group and one of Brazil's leading investment banks, to act as its financial advisor to obtain financing for the development of its Maracas Vanadium Project in Bahia State, Brazil.

North American Tungsten grants stock options

Tue, Feb 2, 2010

0 Comments

North American Tungsten Corporation Ltd. (TSX VENTURE:NTC) announces the granting stock options to directors, officers and employees.

Cadillac Ventures reports private placement

Thu, Jan 28, 2010

0 Comments

Cadillac Ventures Inc. (TSX VENTURE:CDC) reported that the company has entered into an agreement with Trafigura Beheer, B.V. ,an existing shareholder of the Company, for a non-brokered private placement financing pursuant to which it will issue 5,000,000 units to Trafigura at $0.40 per unit for gross proceeds of $2.0 million.

Yankee Hat 2010 plans

Thu, Jan 21, 2010

0 Comments

Yankee Hat Minerals Ltd. (TSX VENTURE:KHT) announced its operating plans for the upcoming year.

International Wayside Gold Mines Changes Name

Wed, Jan 20, 2010

0 Comments

International Wayside Gold Mines Ltd. (TSX VENTURE:WYG)(FRANKFURT:IWUB) announced that effective Thursday, January 21, 2010, it will change its name to Barkerville Gold Mines Ltd.

Pacific Bay Minerals announces mount reed assay results

Wed, Jan 20, 2010

0 Comments

Pacific Bay Minerals Ltd. (TSX VENTURE:PBM) announced assay results from previously un-sampled sections of historic Mount Reed drill core, within the Company's 100% optioned Haskins-Reed Property near Cassiar, BC, - including 66.16 meters grading 0.115% Tungsten and 42.68 meters grading 0.051% MoS2 (0.030% Mo) from hole 81-11.

Cadillac Ventures Acquires Richview Resources

Tue, Jan 19, 2010

0 Comments

Cadillac Ventures Inc. (TSX VENTURE:CDC) reported that the company has closed its previously announced acquisition of Richview Resources Inc. through the amalgamation of Richview with a wholly-owned subsidiary of Cadillac.

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