Australian Newcrest Mining Sets Date for Molybdenum Plant at Cadia

Newcrest improves Cadia performance with Microsoft solution image

The Australian-based corporation Newcrest Mining Limited revealed that it has begun commissioning another molybdenum plant at the Cadia Gold Mine in New South Wales. Sandeep Biswas, Newcrest's managing director and CEO, announced the news during the company's fourth quarter earnings conference call.

Read more: Australian Newcrest Mining Sets Date for Molybdenum Plant at Cadia

Congo Initiates Investigation into China Molybdenum’s Tenke Fungurume Mine

Cango initiates probe of China Molybdenum Tenke mine image

The Democratic Republic of Congo has established a Tenke Fungurume Mine Reserve and Financing Cost Verification Committee to ensure that China Molybdenum Co Ltd. (CMOC) fulfills its contractual obligations related to the Tenke Fungurume copper and cobalt project.

Read more: Congo Initiates Investigation into China Molybdenum’s Tenke Fungurume Mine

China’s Zhangyuan Tungsten Declined its Bid Prices for Late August

tungsten alloy rod image

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price remains stable on August 23, 2021 due to lukewarm demand and quiet market. Some suppliers are considering profit-taking while most buyers remain cautious. 

Read more: China’s Zhangyuan Tungsten Declined its Bid Prices for Late August

Tungsten Producer King Island Scheelite Solves Supply Chain Issues

King Island Scheelite promised to pay a deposit in advance image

Emerging Tasmanian tungsten producer King Island Scheelite will address potential shipping delays and rising freight rates by increasing orders for the long-term operations required by its processing plants. King Island will promise to pay a deposit in advance to ensure that it obtains key equipment to meet its development and production plans.

Read more: Tungsten Producer King Island Scheelite Solves Supply Chain Issues

Space Mining for Minerals Including Rare Earths and Tungsten

In space no one can hear you mine image

Companies all over the world are preparing space mining for minerals including rare earths and tungsten. One day, the moon and all other planets, moons, and asteroids in the solar system can be mined to obtain resources to meet the ever-increasing demands of the earth.

Read more: Space Mining for Minerals Including Rare Earths and Tungsten

 

WeChat