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 New Round of Strategic Actions for Mineral Exploration Breakthroughs (First Batch)", of which there are 2 technologies related to tungsten:

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:

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.

Analysis of Latest Tungsten Market from Chinatungsten Online

The current tungsten market presents a delicate balance of "supply and demand stalemate but cost rigidity support". Buyers think it is too expensive, sellers are reluctant to sell, and spot trading volume continues to be sluggish. 

Molybdenum market update on June 18, 2025

The domestic molybdenum market continues to operate steadily, with a balance of bullish and bearish factors leading to intense price negotiations between buyers and sellers. 

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices continue to be in a stalemate and sideways stage, and the game between upstream and downstream is stalemate. 

Molybdenum market update on June 17, 2025

The domestic molybdenum market is currently showing a high-level stalemate. With suppliers generally unwilling to lower prices and downstream purchases mainly focused on rigid demand, product prices are fluctuating within a narrow range, and actual transaction activity remains moderate. Recently, a molybdenum concentrate from a mine in Yunnan was sold at RMB 3,822 per ton-unit.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices continue to stabilize, and the supply-demand stalemate continues. 

Molybdenum market update on June 16, 2025

At the beginning of the week, the domestic molybdenum market exhibited a weak trend. As earlier bullish factors fade, raw material suppliers’ confidence in maintaining prices has weakened, leading to a thickening atmosphere of market caution.