According to Mining Journal, Collective Mining has achieved a significant breakthrough in shallow drilling at the Apollo deposit within its Guayabales project in Caldas Province, central Colombia. Preliminary sampling analysis indicates the deposit contains high-grade tungsten, copper, silver, and gold, further expanding the outcrop range of the Apollo deposit. This discovery marks the first identification of tungsten in this region in Colombia’s history, holding significant strategic importance.

On June 6, 2025, the General Office of the Ministry of Natural Resources issued the "List of Advanced and Applicable Exploration Technologies for the Promotion of a New Round of Strategic Actions for Mineral Exploration Breakthroughs (First Batch)", of which there are 4 technologies related to molybdenum:

On June 6, 2025, the General Office of the Ministry of Natural Resources issued the "List of Advanced and Applicable Exploration Technologies for the New Round of Strategic Actions for Mineral Exploration Breakthroughs (First Batch)", of which there are 2 technologies related to tungsten:

Molybdenum market update on June 19, 2025

Domestic molybdenum prices are caught in a challenging stalemate, with strong supplier reluctance to sell at lower prices clashing with limited buyer consumption capacity, resulting in a stagnant trading atmosphere and modest new order volumes. However, over the long term, many industry players remain optimistic about a positive market outlook.