Molybdenum prices in China continue to maintain stability in the first trading day of April as steel biddings of ferro molybdenum were basically within the expected range and, though the supply and demand was still in a stalemate. For the molybdenum concentrate market, tight supply and high production cost supported market prices and traders’ confidence. Ferro molybdenum prices hovered around the levels of steel tenders. While ammonium molybdate price kept steady due to the weakness in the demand side. 

NT miner Thor, which owns the Molyhil tungsten and molybdenum project north-east of Alice Springs, has announced it has raised $742,000 and bought Pilbara Goldfields and Hamersley Metals.

The mining company Aim-listed Premier African Minerals announced that it has received notice from the Zimbabwe Ministry of Industry, Commerce and Enterprise Development that is has secured a proposed investment of $6-million for the RHA Tungsten project being developed by Premier.

A honeycomb of tungsten built using 3D printing could help take better quality images of processes inside the body, a new study shows.