The Aim Of Tungsten Mining
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- Category: Tungsten's News
- Published on Friday, 22 March 2013 15:16
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Tungsten Mining (ASX: TGN) is advancing assessment of its flagship Kilba Project (100%) in the Gascoyne region of Western Australia, with the aim of making a rapid transition to production. To that end, the Company expects to define a JORC compliant resource during the June quarter 2013 and has already commenced feasibility studies that will continue through to Sept quarter 2013.
TGN expects to be in the position to make a final investment decision (FID) in first quarter of 2014, which could result in first tungsten trioxide concentrate production as soon Sept quarter 2013.
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Cadillac Ventures Provides Burnt Hill Update
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- Category: Tungsten's News
- Published on Friday, 22 March 2013 14:50
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Cadillac Ventures Inc. announced that the two Burnt Hill Property drilling programs focused on finding potential tungsten resource have been successful.
In 2012 a total of 2330.08m were drilled over a total of 10 drill holes, 1836 samples were taken which included 114 standards, 114 blanks, 114 double splits and 58 coarse rejects. Each of the completed holes successfully intersected mineralization above the cut-off grades used in the resource calculation.
With the exception of hole BH-11-07 which intersected an unknown shaft at 11m and was abandoned. Samples selected were assayed for tungsten, tin and molybdenum.
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2013 Tungsten Market In Spring Seminar
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- Category: Tungsten's News
- Published on Friday, 22 March 2013 14:38
- Hits: 2059
In 2012, the tungsten market overall showing fluctuations downstream type trend, due to the downturn in the terminalconsumer demand situation, the market volatility is mainly driven by the raw materials market, large enterprises continue toexert their influence.
Tungsten industry saddled with the burden of the "oversupply", butstill able to maintain a high level, so that the tungsten industry increasingly high degree of concern in the non-ferrous metal industry, tungsten future investment value gradually "sizzling".
Experienced the deserted market demand in 2012, 2013 Tungsten Market after the Spring Festival to usher in a new demand for more policy support and it will known in 2013 Tungsten Market In spring seminar.
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Security Hedge "Six systems" Building Completed In Jangxi In 2013
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- Category: Tungsten's News
- Published on Friday, 22 March 2013 14:13
- Hits: 2071
On March 1, the province's non-coal mine safety production cum rectify Close work to promote a meeting held in Dayu. The long queue of Qing Ji, deputy director of the Provincial Administration of Work Safety, an annual summary of the last year, the province's non-coal mine production safety work and security hedge "six systems" building completed in 2013.
Carry out metal and nonmetal mines to rectify Close battle is the country's overall strategic plan, we must resolutely close 250 work plan completed this year, the province's non-coal mines to rectify. "Long Qing Ji at the meeting stressed that the elimination of backward technology and equipment and facilities, and strong is a general trend to promote the application of advanced technology and equipment.
The Provincial Administration of Work Safety requirements for non-coal mining enterprises in Jiangxi, before the deadline for the end of June this year, the underground mine operating team must be equipped with at least one more toxic and hazardous gas detection alarm, and with a corresponding number of self-help; to a deadline for the end of the underground mine out of non-flame retardant cable, belt conveyor belt, the local fan hairdryer, non-coal underground mine construction tasks to complete 100% complete security hedge "six systems", third class above the tailMine tailings in the central finance governance hidden complete the online monitoring system construction tasks to complete up to 100%.
In order to implement the above objectives, the "non-coal mines to rectify Close embodiment will rectify Close task indicators broken down to the county, the township government, the implementation of each mining enterprises, to rectify off into local government objectives and the performance evaluation of the contents.
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Tungsten News: Jiangxi Will Shut Down 250 Non-coal Mining Enterprises In 2013
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- Category: Tungsten's News
- Published on Friday, 22 March 2013 14:01
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On Mar 1, 2013, the province's non-coal mine safety production cum rectify Close work to promote a meeting held in Dayu. The long queue of Qing Ji, deputy director of the Provincial Administration of Work Safety, an annual summary of the last year, the province's non-coal mine production safety work, and made a focus on the deployment and Prospects 2013.
Good practice and strive to promote the province. The afternoon of February 28, participants Dayu County Longwei Tungsten Industry under the ridge tungsten industry mining area to observe the scene, for advice in a multi-mine the main mining regulation and safety culture construction "recipe".
Next ridge the tungsten industry safety culture and education hall, Long Qing Ji block display card carefully watched, from time to time on the side of safety supervision department staff said: "such a good practice to strive to promote the province." Under the ridge the Tungsten Industry Safety Deputy Director Zhang Tianrui told reporters, comprehensive promotion of a safety culture, to strengthen employee safety awareness and skills, the enterprise in 2010 in the province to establish a safety culture and education hall.
At the meeting, Ganzhou, Pingxiang innings, as the advanced remediation units on safe work together to share and exchange the experience gained on major calamities and develop viable countermeasures with you.
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FL Partners and MML Acquire ATA Group
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- Category: Tungsten's News
- Published on Thursday, 21 March 2013 16:03
- Hits: 2373
FL Partners has acquired a 65% stake in the ATA Group, a manufacturer and worldwide distributor of tungsten carbide rotary files, known as burs.
ATA Group is based in Cavan, Ireland.The €17.3m investment in ATA Group is intended to fund the transatlantic acquisition of the US-based SGS Tools’ bur business. SGS Tools produces tungsten carbide end milling tools and drills as well as carbide burs.
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Tungsten Mining Second Phase Drilling In Tungsten Mining Junior
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- Category: Tungsten's News
- Published on Thursday, 21 March 2013 15:50
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The second phase in tungsten mining in ASX-listed involves reverse-circulation and diamond drilling on 80-m-spaced section lines over 800 m, while the third phase will feature further in-fill drilling on selected section lines, at 40 m intervals.
Subject to ongoing positive results, Tungsten Mining’s current activity is the first of, and a major component of, studies that are being conducted as the basis for a full feasibility study.
The minerals mining junior intends to carry out the feasibility study over the next eight to 12 months, to determine the commercial viability of a mine at Kilba.
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Tungsten Mining Junior Intersects High-grade Mineralisation
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- Category: Tungsten's News
- Published on Thursday, 21 March 2013 15:35
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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
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- Category: Tungsten's News
- Published on Thursday, 21 March 2013 15:12
- Hits: 2223
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.
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Big Change In Europe Ferro-tungsten Market
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- Category: Tungsten's News
- Published on Thursday, 21 March 2013 14:39
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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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