Vital Metals may triple the size of its planned tungsten mine in Australia to 3 million tpy on expectations that a weaker Australian dollar, lower production costs and a strong tungsten market will make the project more profitable.

The outlook for tungsten is brilliant on China’s robust demand, Mark Strizek, Vital’s managing director said in a statement. Ongoing quota on APT exports and ban on the export of tungsten concentrate continues to put pressure on prices.

“China has the world’s biggest tungsten resources and accounts for about 80 per cent of global consumption but they are now importing it to help meet domestic demand,”
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

North American Tungsten Corporation Ltd. (the "Company") is pleased to announce that it has received TSX Venture Exchange approval for the issuance of an aggregate 5,000,000 common share purchase warrants (the "Warrants").

 To two directors in connection with the previously announced extension of  the Company's CAD$12,000,000 working capital loan facility.

Each Warrant is exercisable for one common share of the Company at an exercise price of $0.20 per common share. The Warrants will expire on June 30, 2014.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Chinese tin producer Yunnan Tin Company (YTC) plans to spend 3.5 billion yuan ($566 million) to move its main smelting facility from Gejiu city, in order to comply with the Chinese government’s environmental policies.

Of this total, plant construction is expected to cost about 1.9 billion yuan. YTC – which is the world’s largest tin producer – will move its smelting facility to the Mengzi Economic Development Zone in Yunnan province.

Its new copper and lead smelters are already located there, and it plans to upgrade the tin smelter to a 70,000-tpy plant. The relocation project is expected to take three to five years to finish.

The company’s existing tin plant, which underwent major upgrade work with the installation of an Ausmelt furnace in 2002, is situated within Gejiu city.

Under the entry requirements for the tungsten, tin and antimony industries, set out by the Chinese National Development & Reform Commission in 2006, smelters that are within 1km of residential areas must be relocated.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Geodex Minerals recently reported the results from three of six holes drilled on its Dungarvon property in New Brunswick.

Of the holes drilled, the best is “DU-13-03 which intersected 9.31 metres of 0.177% tungsten trioxide (WO3) and 0.036% tin.

With mineralization in this interval mainly in quartz veins cutting country rocks in close proximity to the Dungarvon Granite.”
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com