Colt a Leader of Tungsten Market Announces Significant Changes in IR and Marketing Strategy
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- Category: Tungsten's News
- Published on Thursday, 21 March 2013 10:58
- Written by Elva
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Colt Resources Inc. ("Colt" or the "Company") announces today a new global Investor Relations and Marketing initiative designed to communicate more broadly and effectively the significant milestones recently achieved by the Company, which have resulted in establishing Colt as a leader in one of Europe's emerging mineral resource markets for gold and tungsten, Portugal.
"The Company has made the decision to immediately terminate all of its current North-American IR and communications relationships and has entered into a comprehensive agreement with Cooper Global Communications, LLC, ("CGC") a New York-based leader in global IR and communication services. The agreement is subject to TSX Venture Exchange approval.
This change will provide Colt the opportunity to ensure that its message is more broadly conveyed to financial professionals on a world-wide basis with a principle objective of enhancing shareholder liquidity. Management will actively commit its availability to working with Cooper Global in implementing this re-launching of our IR and Marketing initiatives stated Nikolas Perrault , President and CEO."
In addition to the objectives stated above, this strategic change in Colt's IR and Marketing programs will result in significant cost savings to the Company. In consideration of the services to be provided, the Company has an agreement with CGC that commencing in March, 2013 the Company will pay CGC a monthly retainer of $15,000 USD for fifteen months, which may be cancelled after every 90 days with a 10-day notice.
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email: sales@chinatungsten.com
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W Resources Reports Early Tungsten and Gold Exploration Success at Tarouca
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- Category: Tungsten's News
- Published on Thursday, 21 March 2013 10:18
- Written by Elva
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Tungsten and gold exploration company W Resources has unveiled results in the first phase of its Tarouca exploration programme indicating some high grade results with mineralisation.The wholly-owned 48 sq km Tarouca exploration licence covers former tungsten and tin mines 140km East of Porto in Portugal.
The company said that, to date, results from 98 surface samples from outcrops and old mine works had been received, showing "some extremely high grade results with heavy mineralisation".
Over 8% of the total samples assayed more than 1% WO3 (Tungsten trioxide) – which the company said represented 10 times the grade found at it flagship La Parrilla mine.
Michael Masterman, Chairman of W Resources, said: "The initial results are extremely encouraging at Tarouca, a project which produced over 600 tonnes of concentrated ore between 1963 and 1984. We see potential to delineate a large high grade tungsten and tin deposit in this former mine in a short period of time."
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email: sales@chinatungsten.com
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Price of Material for Production Like Tungsten that Continued to Drop
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- Category: Tungsten's News
- Published on Wednesday, 20 March 2013 18:13
- Written by Elva
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According to monitoring last week (March 11-17) by MOFCOM in 36 medium and large sized cities, price of material for production like tungsten continued to drop in the last four weeks.
Of major material for production, the prices of rubber, mineral products, chemical products, energy resources, steel, non-ferrous metal, materials for agricultural production and building materials dropped, and that of materials for light industry remained unchanged.
Prices of rubber dropped 5.3%. As the price of natural rubber in Southeast Asia dropped and the price of chemical raw materials decreased, the price of rubber declined by 7.9% in the last five weeks. Prices of mineral products dropped 0.9%, of which zinc ore, iron ore and copper ore were down by 1.5%, 0.9% and 0.2%, and tungsten ore rose by 0.4%.
Price of chemical products dropped 0.6%, of which sulfuric acid, phenol and styrene were dropped 1.3%, 1% and 1% respectively, and phthalic anhydride, pure benzene and caustic soda dropped by 0.7%, 0.5% and 0.3% respectively. The price of energy resources dropped 0.6%, of which coke, crude oil and raw coal dropped by 1.6%, 1.4% and 0.3% respectively. The production of steel kept increasing and the market supply was sufficient, which brought down the price of steel.
You can visit the following links for more information about tungsten prices. Thank you very much!
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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European Ferro-tungsten Market Stable, Prices Reach Floor
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- Category: Tungsten's News
- Published on Thursday, 21 March 2013 10:03
- Written by Elva
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Following a fall of almost USD5.00kg W in a little over three months, European ferro-tungsten prices are showing some signs of stabilising this week, with a Central European consumer tender concluding around a USD1.00kg W higher on Tuesday compared with end user sales from early last week. Mainstream prices ranged between USD38.90-39.80kg W d.d.p on Wednesday, and both suppliers and buyers speculated intensely over whether prices of the noble alloy were beginning to turn around.
You can visit the following links for more information about ferro-tungsten prices. Thank you very much!
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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Premier African Minerals Close to Tungsten Production in Zimbabwe
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- Category: Tungsten's News
- Published on Wednesday, 20 March 2013 17:49
- Written by Elva
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Ceo George Roach told that Premier African Minerals could bring its RHA tungsten project in Zimbabwe into production by the end of this year.
“Our milestones, in terms of RHA, are to define a compliant resource statement within the next several weeks, and after that, the completion of the mine study that will confirm costing,” Roach said. “We could be back in production later this year,” he added. The aim is to create a low-cost, low-tonnage but high-grade mine, at which Premier will produce tungsten concentrate, he said. “We have chosen properties where we were confident that there was nothing that could be construed as preventing them from ever becoming mines,” Roach said. “Our properties are in various stages of development, and RHA is in the very late stages."
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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