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Stagnant tungsten market dips prices

Friday, March 27, 2009

3 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.

Tungsten shortage buoys price

Sunday, February 1, 2009

1 Comment

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.

Dentonia Resources declared tungsten assay results

Mon, Jun 22, 2009

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Dentonia Resources Ltd. declared assay results from a quartz-garnet showing on the Knight Inlet Area Claims. For full story, click here

Happy Creek Minerals provided additional results from Fox Tungsten

Fri, Jun 12, 2009

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Happy Creek Minerals Ltd. declared additional results from its 100% owned Fox tungsten-molybdenum property, located approximately 30 kilometres east of the past producing Boss Mountain molybdenum mine in south central British Columbia, Canada. For full story, click here

Ormonde Mining has upbeaten on tungsten outlook

Tue, Jun 9, 2009

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Exploration company Ormonde Mining has declared pre-tax losses of €2.5m for the year to December 2008 compared to losses of €580,00 the previous year. For full story, click here

Colt Resources declared updates on tungsten property work

Tue, Jun 9, 2009

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Colt Resources Inc. has declared an update on property work completed during the first 4 months of 2009 on their Penedono and Armamar Meda Concessions located in northern Portugal. For full story, click here

Farmers have resisted tungsten mine plan

Mon, Jun 8, 2009

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Residents and farmers in the Verlorenvlei valley are resisting plans for an open-cast mine to produce tungsten. For full story, click here

North American Tungsten has released its 2nd quarter financial statements

Tue, Jun 2, 2009

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North American Tungsten Corporation Ltd. declared its results for the three and six months ended March 31, 2009, including the results of operations at its Cantung tungsten mine in the Northwest Territories. For full story, click here

China’s tungsten concentrate output surged 19% in first four months

Mon, Jun 1, 2009

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China produced 25,211 tons of tungsten concentrate in the first four months of 2009, up 18.71 percent on an annual basis, as per a report from the China Tungsten Industry Association on May 27. For full story, click here

Succesful tender has pushed ferro-tungsten higher

Fri, May 29, 2009

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Ferro-tungsten surged across the range for the first time in almost four months on Friday as demand picked up slightly in a market where available material was scarce. For full story, click here

Xiamen Tungsten declared details of 365-day finance bill

Fri, May 29, 2009

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Xiamen Tungsten Co. Ltd. declared details of company’s 365-day finance bill. For full story, click here

Ormonde Mining reported pre-tax loss of 2.5 mln pounds

Fri, May 29, 2009

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Exploration company Ormonde Mining has declared a pre-tax losses of €2.5m for the year to December 2008 compared to losses of €580,00 the previous year. For full story, click here

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