Recently, there is a big change in Europe ferro-tungsten,steel, and copperer market.

Ferro-tungsten prices in are at a two-year low due to a fall in steel production and manufacturing generally. Roger Bade, at London's Whitman Howard, says the collapse of demand in Europe is also having an impact on ferro-molybdenum and ferro-vanadium prices.
With increasing tungsten production coming out of Vietnam (and a new mine about to start up in South Korea), a price rebound is not expected in the near future.

Steel demand in Europe is expected to fall again this year -- which, of course, has its portents for iron ore.

Bade has a point to make here, too. After hearing the Sydney-based AME Group's presentation at the Mines & Money conference in Hong Kong, Bade wrote in his overnight client note that "apparently the reason why Rio Tinto is ramping up iron ore production so much is to get the price down, such that the West African projects don't happen, while at the same time pressurising Australian politicians to change the minerals resource rent tax for the forthcoming general election".

And here's another tale of woe: copper. On Tuesday night, London Metal Exchange warehouse inventories of the red metal hit another 52-week high, this time 547,025 tonnes -- a nine-year high. That was up 24,775 tonnes over just three business days, with 18,100 tonnes landing in warehouses on Monday alone.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Prices, WML Version: http://m.chinatungsten.com

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
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Prices, WML Version: http://m.chinatungsten.com

This year, H.C. Starck intends to continue expanding its local presence in Asia. Thanks to its leading technological expertise, the company will meet the rising demand for high-quality technology metal products long-term in key Asian growth markets. Already in 2011, the company had formed a joint venture with the largest Chinese tungsten mine operator, Jiangxi Rare Metals Tungsten Holding Group Co. Ltd. (JXTC). The joint venture will begin operations in late 2013 and supply the Asian market with high-quality tungsten products. Moreover, the production capacity for components made of technology metals at H.C. Starck’s Taicang plant in China will be expanded. Meier explained: “With our joint ventures and our growing recycling activities, we are providing our global customers long-term supply security for key technology metals.”

H.C. Starck will also continue to drive future technologies. Since mid-2012, H.C. Starck operates a joint venture with the Japanese chemical company Japan New Chisso Corp.. The joint venture company develops and produces cathode material for high-performance lithium ion batteries used in electric cars and as energy storage units in wind power and solar facilities.

Part of H.C. Starck’s long-term strategy is the recycling of raw materials, continued Meier: “We don’t just recycle ore concentrates. Using innovative technologies, we are recycling increasing volumes of post-industrial waste, slags, and scraps and turning them into high quality and high-performance technology metals. Far more than half of our raw materials are now secondary materials.”

In the procurement of primary raw materials, the company continues to rely exclusively on conflict-free raw materials in accordance with the guidelines of the Electronic Industry Citizenship Coalition. “With growing recycling activities and a certified procurement process, we are guaranteeing a secure and competitive supply of raw materials based on sustainable, ethical and social guidelines and environmental principles,” Meier said.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Prices, WML Version: http://m.chinatungsten.com

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
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Prices, WML Version: http://m.chinatungsten.com