Tungsten Mining Junior Intersects High-grade Mineralisation

Western Australia-based mining junior Tungsten Mining reports that it has started with the second- and third-phase drilling programmes at its flagship Kilba tungsten project, which are due for completion by the end of the first quarter.

Following positive final analysis of the first eight holes of its Phase 1 drilling programme, the company will now focus on the rapid evaluation and development of the Kilba project, which is located in the Ashburton district of Western Australia.The project boasts a strong pipeline of other potential tungsten projects in both Western Australia and the Northern Territory.

“The positive results have provided us with significant momentum in exploration,” Tungsten Mining MD Paul Berndt notes, adding that the analysis confirmed the exploration work of chemical and polymers company Union Carbide, which was conducted in the late 1970s and early 1980s.

The ASX-listed company started with diamond drilling in November last year to confirm the presence of the high-grade tungsten mineralisation indicated by Union Carbide three decades ago.The final analytical results from the first eight holes confirm the high-grade nature of course-grained scheelite mineralisation.

Berndt explains that tungsten mineral- isation is associated with a sedimentary package containing skarn, calc-silicate and sedimentary units. The mineralised horizon contains multiple skarns that are often high grade in nature, and enclosed in lower-grade scheelite mineralisation, and which are hosted by calc-silicate and sedimentary units.

 

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Tungsten Market Information On Mar 21,2013

The quote tends to weak and the atmosphere of wait-and-see becomes strong. Recently, tungsten market is weak and watching atmosphere becomes strong in the market. The upstream raw tungsten mine transaction prices gets down and APT needs is bleak.

The expection of businesses turns empty. And affected by the regulation of real estate, demand of steel gets weak, the ferro-tungsten market has poor shipping, and the prices turn slightly stagnant, while the tungsten powder prices are relatively high. Businesses offer almost more than 275 yuan / kg nearby. There may be some downside adjustment in individual tungsten products for short-term.

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
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H.C Starck Focus On Tungsten Business Expansion in Asia in 2013

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
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Big Change In Europe Ferro-tungsten Market

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.

 

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Colt a Leader of Tungsten Market Announces Significant Changes in IR and Marketing Strategy

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
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