According to Xinjiang Mining committee, the biggest explosive equipment and mining service group Orica will be showing up in the third International Mining and Technological Equipment Exposition of Xinjiang on June 18th -20th 2013.

We are on the road to Mandalay (Resources), via extensive detours to Brazil and Africa at the next one2one forum, with Mandalay Resources, Horizonte Minerals, Premier African Minerals and West African Minerals comprising a mineral-rich schedule.

Mandalay Resources is that rare beast: a junior miner that pays a dividend. It has two mines in operation: the Costerfield gold/antinomy mine in Australia and the Cerro Bayo silver/gold mine in Chile. Both mines finished 2012 on a high, achieving record saleable volumes. All debt was paid off last year and did we mention it pays a dividend? We did, and so, in all probability, will chief executive Brad Mills, who will also cover the company’s recently announced resources upgrade.

Mills is also the vice-chairman of West African Minerals, an iron ore mining and exploration group with exploration permits in Cameroon and Sierra Leone. If the name of the company sounds familiar, that’s because it was one of the market’s best performing shares on the back of a 500% increase in 2012. Recent drilling results from its South Djadom licence in Cameroon point to a potentially very large iron discovery, and not just any old iron – we’re talking hematite, which can be easily processed to produce direct shipping ore, the most valuable type of iron product.

Sticking with Africa, but moving on to tungsten in Zimbabwe,  Premier African Minerals is pushing hard to get its flagship RHA tungsten project in production by the end of the year. The company has completed a 1,302 metre five-hole drilling programme at RHA, uncovering two previously unknown well-mineralised quartz veins. Chief executive George Roach will explain how the company plans to develop this into a low-cost mine for this scarce and strategically important metal.

Horizonte Minerals operates in Brazil, a country famed for coffee, football and carnivals. What is often overlooked is the country has a well-established mining industry with the sort of infrastructure expected of a fast-growing economic powerhouse. That bodes well for Horizonte’s plans to develop its Araguaia nickel project, a world leading asset in terms of size and grade. Chief executive Jeremy Martin will outline how the company plans to deliver significant value uplift for shareholders over the next 12 to 24 months....... More news, prices and markets
 

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Important Tips:  The market of waste tungsten is slightly lagging behind and it is still in a buoyant atmosphere. The mentality of merchant  has not been weakening.Lower offer is continuing to move closer to the high level, it is acceptable for them. We expect that the waste tungsten market remains stable in the short-term.

The price of waste tungsten is stable and rising. The mainstream trading price of domestic waste tungsten blade concentrated in the 171-174 yuan / kg, which does not  have taxes.  imports blade 180-182 yuan / kg, scrap tungsten drill 190-192 yuan / kg, scrap pure tungsten blocks 210-214 yuan / kg, up 1-2 million. Scrap tungsten grinding material W content of more than 70 degrees  the mainstream transaction price of 1.76 yuan / kWh; 50-70 degrees 1.66 yuan / kWh; 30-50 degrees 1.5 yuan / kWh, steady.

Because the situation is not ideal, tungsten ore market  is gradually  stable, the enthusiasms of merchants shipping also increase. The market of waste tungsten is slightly lagging behind and it is still in a buoyant atmosphere. The mentality of merchant  has not been weakening.Lower offer is continuing to move closer to the high level, it is acceptable for them. We expect that the waste tungsten market remains stable in the short-term.

International markets, overseas  markets  of tungsten  are flatting to down. The evening  of March 8,2013 MB ​​Ferrotungsten quotes 39-39.5 U.S. dollars / kg of tungsten, the overall decline of Ferrotungsten is about 0.5 U.S. dollars; the ammonium paratungstate quotes 319.375-342.125 USD / metric ton, continue unchanged.



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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Core Tip: Domestic tungsten ore market temporarily stable.From recent situation, tungsten ore market fundamentals into the short-term consolidation phase, and willingness of fire sale in mining enterprises is not particularly strong, while most of downstream processing enterprises take a cautious wait-and-see attitude and expected temporary stability of tungsten ore prices for short-term.

This the domestic tungsten ore market temporarily substantially stable, mainstream market price of 65 degrees wolframite concentrate 11.5-11.9 yuan / ton, the price of scheelite is concentrated in the 11.4-11.7 yuan / ton. Recently appeared, the basic tungsten ore market into the short-term consolidation phase, and the mining enterprises aspects Paohuo willingness is not particularly strong, while the downstream processing enterprises also the majority take a cautious wait-and-see attitude.

Market exercise alone now asking about the price subject to the majority of traders around the purchase offer is mainly concentrated in the 116,000 yuan / ton in the vicinity. A merchant, said, "Recently there are a lot of inquiry, but the price is mostly low psychological distance shipping price is still part of the gap." Obviously, both supply and demand different prices, traded slightly stalemate, and by the economic environmental fluctuations and terminal lack of consumer demand affect the expected short-term temporary stability tungsten ore prices.

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