Covas Tungsten Project in Blackheath Guarantee of 70% of The Interest
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- Category: Tungsten's News
- Published on Thursday, 22 May 2014 09:52
- Hits: 2062
The project covers an area of 19.96 square kilometers Covas tungsten . Tungsten ore generally occurs in the area called skarn ring. About 60 % of the skarn ring is untested and geophysical program has begun testing intellectual property in these areas as well as large porphyry skarn tungsten prospects in the center of the ring . The purpose of the program is to help identify new drill targets , as well as the known history of the adjacent high-grade resources , the phasing out of the goal. Data collection may also be displayed skarn mineralization is much larger than the volume has been mapped on the surface.
"We are very pleased to now have earned a 70% stake in the past produced Covas Tungsten Project ," James Robertson , president of Blackheath Resources Inc. President and CEO said. "With the assistance of the IP survey , Blackstone 's technical team has started to develop strategies for the Covas our Phase 3 drilling activities are expected to start next month ."
Covas is a past producing open pit and shallow underground tungsten mine , and in the history of the property remaining resources are estimated at 922,900 tons in 1980 , 0.78% tungsten trioxide ( tungsten trioxide ) by Union Carbide, based on the work including property 329 drill holes . Mineralization open to expansion . Tungsten prices increased significantly in recent years , is now about 36 yuan kg containing tungsten trioxide . The Cobas property is located in Porto , about 100 km north of Portugal 's second largest city .
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City Market Continues to Run Smoothly Tungsten,Tungsten Concentrate Prices Are Expected to Become Increasingly Strong
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- Category: Tungsten's News
- Published on Thursday, 22 May 2014 09:45
- Hits: 2298
Tungsten City market continues to run smoothly, wait and see mood enveloped the market, business caution, because the mine is expected to post increasing reluctance to sell raw materials and downstream inquiry, the tungsten concentrate prices are expected to become increasingly strong.
Macro level, the first 80 projects to encourage private capital to participate, frequent movement of mixed ownership; ten pilot provinces also spontaneous local debt, the size of the material more than 150 billion; steady growth and then out of the New Deal, to accelerate the construction of water conservancy projects.
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Weak demand for tungsten market price slightly confusing
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- Category: Tungsten's News
- Published on Thursday, 22 May 2014 08:38
- Written by Yuri
- Hits: 2059
Tungsten Market : Demand remained weak , the price close to the bottom, holding the goods to sell cheap low willingness to support raw tungsten ore, tungsten products market temporarily stabilized . Businesses due to funding constraints, strong very price conscious , so quotes are quite different , expected short-term market price of tungsten is slightly confusing.
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Tungsten City Running Smoothly,The Current External Molybdenum Prices Downward
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- Category: Tungsten's News
- Published on Thursday, 22 May 2014 09:23
- Hits: 2084
Summary Sentence: Tungsten city running smoothly sentiment continues to loom, businesses caution reluctant to sell due to mine mood heavier and the relative increase in the downstream inquiry is expected to post or tungsten concentrate prices will continue to firm; molybdenum market outside the current downward trend continues molybdenum prices, molybdenum mines, ironworks molybdenum is expected to be more limited stock market is more likely to continue to safeguard stability.
Tungsten Market: Tungsten city running smoothly, sentiment continues to loom, businesses caution. Mine reluctant to sell due to heavy emotions, and the relative increase in downstream inquiry, is expected to post or tungsten concentrate prices will continue strong.
Molybdenum Market: Current external molybdenum prices continue downward trend, businesses cash resources tight, relatively small operating pressure. Domestic steel procurement is relatively concentrated, molybdenum mines, ironworks molybdenum more limited inventory, the cost of supporting the price stabilized. Before no major bad news appears more likely the market is expected to continue to safeguard stability.
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May 21, 2014 paratungstate market
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- Category: Tungsten's News
- Published on Wednesday, 21 May 2014 16:37
- Written by HJF
- Hits: 1946
At present , the domestic market today paratungstate remained stable , the price is slightly Yindie , but the mainstream transaction price is relatively stable , the actual turnover less . Paratungstate mainstream market quotations concentrated in 16.6-16.9 yuan / ton , the actual transaction at 16.5-16.9 yuan / ton, and yesterday was essentially flat. Since the implementation of production control , so the current spot market paratungstate inventory is not large, of course, pan-Asian states Gan warehouse inventory continues to increase . Downstream demand procurement , demand release slowly, and inquiry down , the market traded difficulties.
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