Ferro Tungsten Price

Tungsten More “Critical” on Expected Supply Shortage

Details: Category: Tungsten's News; Published on Tuesday, 09 July 2013 09:37; Hits: 2231

It certainly isn’t news to anyone that tungsten is a critical metal. However, it is important to note that tungsten is slowly making its way up the global critical metals list.

A metal is deemed critical when it is found to be economically important to the functionality of society, but has a high risk of supply disruptions. In 2011, The British Geological Society published a list of what it considers the 52 most critical metals in the world. The list was compiled based on global abundance, location of production, reserves and supply risk associated with the political stability in the jurisdictions where the metal occur.

Considering that over 80 percent of tungsten comes from China, and that China is tungsten’s largest consumer, it is not surprising that the metal made the list in 2011. Add to that mine closures, halts in production and overall lack of new supply from mines in the western world, and the outlook for tungsten supply doesn’t look very good.

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

Wolf’s Hemerdon Tungsten Project

Details: Category: Tungsten's News; Published on Monday, 08 July 2013 16:51; Hits: 2289

Indeed there is also the prospect of some fairly small scale gold mines being opened in Scotland and Northern Ireland too, although the prospects for these may be being somewhat damaged by the recent fall back in the gold price.

Wolf’s Hemerdon project involves the re-opening of a tin/tungsten property first discovered in the 1860s and then developed and mined during World War 1, with sporadic production up until the end of World War 2. Infrastructure is good being only some 11 km from the city of Plymouth.

The South West of England – notably western Devon and across the county border in Cornwall - has an extensive mining history having produced copper, tin, tungsten and china clay in a number of mining operations.

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

Wolf Acts To The Tungsten Mining Contract

Details: Category: Tungsten's News; Published on Monday, 08 July 2013 16:39; Hits: 2307

No commencement date has yet been set for the start of the tungsten mining contract as Wolf is still tying up some remaining loose ends before the final go-ahead decision, but the company states that the formal commencement date for the work will likely be in March next year.

The contractor, CA Blackwell, primarily has experience in multi-disciplinary construction projects, although not in mining per se, with a past project emphasis on heavy earthmoving and reclamation work.

It was selected after Wolf received what it describes as eleven quality bids, with Blackwell being chosen on the basis of bid quality and price. The contract value has come in close to the Definitive Feasibility Study estimate of £85.5 million (A$141 million1) announced back in May 2011.

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

UK Tungsten Mine And Mining

Details: Category: Tungsten's News; Published on Monday, 08 July 2013 16:48; Hits: 2213

The UK has a long mining history, but in recent years this has mainly diminished to a small remnant of its once large coal mining sector the major Boulby underground potash mine in Yorkshire, a significant china clay mining sector in Cornwall and occasional attempts to re-open some of the old Cornish tin mines.

However, in addition to the Hemerdon tungsten mine there is a real possibility for the underground mining of one of the world’s largest potash deposits by Sirius Minerals in Yorkshire suggesting the possibility of something of a mini-revival in UK mining.

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

Major UK Tungsten Project Starts To Move

Details: Category: Tungsten's News; Published on Monday, 08 July 2013 16:23; Hits: 2292

The Blackwell contract is worth some £85 million ($A140 million) and will be in two phases. Phase 1 will cover mining pre-strip and development tungsten mine, while Phase 2 is for contract mining to deliver ore to the plant.

The contract term for Phase one is 11 months from the commencement date, followed by Phase 2 which has a five year term from completion of Phase 1 work.

The Hemerdon mine, has a mineable ore reserve comprising a base case open pit at a cutoff grade of 0.063% tungsten of 26.7 million tonnes of proven .

And probable ore grading 0.19% tungsten and 0.03% tin within a JORC compliant resource of 401 million tonnes grading 013% tungsten trioxide and 0.02% tin which reportedly places it as the third largest known tungsten deposit in the world.

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