The project covers an area of ​​19.96 square kilometers Covas tungsten . Tungsten ore generally occurs in the area called skarn ring. About 60 % of the skarn ring is untested and geophysical program has begun testing intellectual property in these areas as well as large porphyry skarn tungsten prospects in the center of the ring . The purpose of the program is to help identify new drill targets , as well as the known history of the adjacent high-grade resources , the phasing out of the goal. Data collection may also be displayed skarn mineralization is much larger than the volume has been mapped on the surface.

"We are very pleased to now have earned a 70% stake in the past produced Covas Tungsten Project ," James Robertson , president of Blackheath Resources Inc. President and CEO said. "With the assistance of the IP survey , Blackstone 's technical team has started to develop strategies for the Covas our Phase 3 drilling activities are expected to start next month ."

Covas is a past producing open pit and shallow underground tungsten mine , and in the history of the property remaining resources are estimated at 922,900 tons in 1980 , 0.78% tungsten trioxide ( tungsten trioxide ) by Union Carbide, based on the work including property 329 drill holes . Mineralization open to expansion . Tungsten prices increased significantly in recent years , is now about 36 yuan kg containing tungsten trioxide . The Cobas property is located in Porto , about 100 km north of Portugal 's second largest city .


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Tungsten City market continues to run smoothly, wait and see mood enveloped the market, business caution, because the mine is expected to post increasing reluctance to sell raw materials and downstream inquiry, the tungsten concentrate prices are expected to become increasingly strong.

Macro level, the first 80 projects to encourage private capital to participate, frequent movement of mixed ownership; ten pilot provinces also spontaneous local debt, the size of the material more than 150 billion; steady growth and then out of the New Deal, to accelerate the construction of water conservancy projects.


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Summary Sentence: Tungsten city running smoothly sentiment continues to loom, businesses caution reluctant to sell due to mine mood heavier and the relative increase in the downstream inquiry is expected to post or tungsten concentrate prices will continue to firm; molybdenum market outside the current downward trend continues molybdenum prices, molybdenum mines, ironworks molybdenum is expected to be more limited stock market is more likely to continue to safeguard stability.

Tungsten Market: Tungsten city running smoothly, sentiment continues to loom, businesses caution. Mine reluctant to sell due to heavy emotions, and the relative increase in downstream inquiry, is expected to post or tungsten concentrate prices will continue strong.

Molybdenum Market: Current external molybdenum prices continue downward trend, businesses cash resources tight, relatively small operating pressure. Domestic steel procurement is relatively concentrated, molybdenum mines, ironworks molybdenum more limited inventory, the cost of supporting the price stabilized. Before no major bad news appears more likely the market is expected to continue to safeguard stability.


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Tungsten Market : Demand remained weak , the price close to the bottom, holding the goods to sell cheap low willingness to support raw tungsten ore, tungsten products market temporarily stabilized . Businesses due to funding constraints, strong very price conscious , so quotes are quite different , expected short-term market price of tungsten is slightly confusing.


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At present , the domestic market today paratungstate remained stable , the price is slightly Yindie , but the mainstream transaction price is relatively stable , the actual turnover less . Paratungstate mainstream market quotations concentrated in 16.6-16.9 yuan / ton , the actual transaction at 16.5-16.9 yuan / ton, and yesterday was essentially flat. Since the implementation of production control , so the current spot market paratungstate inventory is not large, of course, pan-Asian states Gan warehouse inventory continues to increase . Downstream demand procurement , demand release slowly, and inquiry down , the market traded difficulties.


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Today, reporters learned from the Jiangxi Provincial Industry and Information Committee , formed by the compilation of the committee , " the focus of Jiangxi industrial property investment direction and business directory" has officially released a collection put together 31 industry segments and industrial development is closely related to each industry chain structure, focused investment direction of industrial development were clear and concise presentation of a collection of more than 1,300 domestic and international focus on the basic situation of enterprises .

It is reported that " the focus of Jiangxi industrial property investment direction and business directory" is a compilation of semiconductor lighting , intelligent terminals, digital TV , software services , chemical drugs , medical devices , biotechnology, medicine , automobile , efficient mining and construction machinery, aviation, shipbuilding, photovoltaic, grain and oil processing green drinks , livestock production and processing, copper , petrochemicals , silicones , salt chemicals, fluorine chemicals, textiles, clothing textiles, chemical fiber , paper, building ceramics , glass fiber composites, glass ( special glass ) , industrial ceramic , tungsten, rare earths , lithium and other 31 industry segments . Listings for each industry chain structure, concise introduction to industrial development were the focus of investment direction, the major domestic and foreign enterprises and so on.

Wu Xiaojun , director of public letter to the provincial party committee , said the production of " industrial property Jiangxi key investment direction and business directory" aimed at clarifying the development of strategic emerging industries in our province direction and focus to guide the development of the country focusing on key aspects of strategic emerging industries, there targeted investment to carry out the industrial chain , to carry out docking excellent companies at home and abroad , the bigger, stronger doing fine key industries and enhance their competitiveness , and vigorously promote the province's extraordinary development of strategic emerging industries and industrial property upgrade.

In this regard , the letter of appointment requires all provinces to give full play to the ten strategic emerging industry development plan, map segments of the industry chain , industry key role in guiding the direction of investment and industrial enterprise directory , with local foundations and industry development status , find quasi- industrial development priorities and the path to further clarify ideas, solve problems , focus efforts on projects, industrial agglomeration , layout optimization, innovation-driven , etc., and strive to make significant progress and breakthroughs , the formation of distinctive , complementary industrial structure and industrial layout, and vigorously promote the development of strategic emerging industries locally .


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Tungsten market : demand remained weak , the price close to the bottom, holding the goods to sell cheap low willingness to support raw tungsten ore, tungsten products market temporarily stabilized . Businesses due to funding constraints, strong very price conscious , so quotes are quite different , expected short-term market price of tungsten is slightly confusing. Tungsten scrap market continues to maintain a steady trend, due to the transaction performance is acceptable , the overall amount of resources coupled with much , so the business mentality is relatively strong, the price is not strong , the blade of which demand is relatively good , so the market is relatively strong.

Tungsten Market demand remained weak , but the tungsten price is close to the bottom, hold stocks lower willingness to sell cheap , the recent raw tungsten ore, tungsten products and other market temporarily holding stability operation. And the views of buyers and sellers , offer different, turnover remained deadlocked .

Although mainstream tungsten market to stabilize, but the views of the business and financial capacity varies, leading to chaotic market performance tungsten prices . It is understood that part of the cargo operators because of funding constraints and low-cost shipping , leading to low prices are subject to certain market support ; portion of earnings due to lower cargo operators refuse to go cheap goods, they can insist on acceptance of foreign newspaper quotes ; Some smelters home very price conscious , foreign offer strong, but the actual transaction or to slightly lower , and the volume was light ; buyers are taking advantage of the occasion demand continues to slump , continue to suppress , depress the inquiry, leading to low prices still dropping slightly in risk.


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Tungsten concentrate prices remained stable and slightly weak , tungsten scrap market continues to maintain a steady trend, due to the transaction performance is acceptable , coupled with the small amount of overall resources , the business mentality is relatively strong, the price is not strong , the blade of which demand is relatively good , so Quotes relatively strong. Tungsten scrap market is expected to more than short-term steady trend will continue .

Tungsten scrap prices continue to hold steady . Currently waste tungsten drill mainstream purchase price excluding tax concentrated in 185-188 yuan / kg, imported scrap tungsten blade 176-180 yuan / kg, domestic waste tungsten blade 167-170 yuan / kg, scrap wire drawing dies 178-181 yuan / kg waste pure tungsten 213-221 yuan / kg. W ≥ 70% concentrated in the purchase price of the grinding material mainstream 1.75-1.8 yuan / kWh ; 50%


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Recently, I learned from Ganzhou City Bureau of Quality Supervision, the second Mayor Quality Award announced Ganzhou, Ganzhou Chenguang Rare Earth New Materials Co., Ltd., Jiangxi Tungsten Industry Co., Ltd., etc. Yaosheng three companies on the list.

It is reported that the second session of Ganzhou City Mayor Quality Award contest in March 2013 officially opened, the award is based on the relevant provisions of the municipal government "on the issuance of Ganzhou City Mayor Quality Award Management Measures notice", according to "scientific , open, just and fair "and" high standards and strict requirements, selecting the best is good "principle, voluntary corporate reporting, the relevant units (departments), based on the recommendation, after qualification, material review, comments, customer satisfaction evaluation, site assessment, Mayor Quality Award Committee held a plenary session and a public notice and other procedures, considered by the municipal government, the selection produces Mayor Quality Award.

It is understood that Mayor Quality Award is the highest honor the city's established quality, but also the city's first mayor in the name of the award, established quality reward system. Not more than 3 each assessment, award winners every 200,000.


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