This year, H.C. Starck intends to continue expanding its local presence in Asia. Thanks to its leading technological expertise, the company will meet the rising demand for high-quality technology metal products long-term in key Asian growth markets. Already in 2011, the company had formed a joint venture with the largest Chinese tungsten mine operator, Jiangxi Rare Metals Tungsten Holding Group Co. Ltd. (JXTC). The joint venture will begin operations in late 2013 and supply the Asian market with high-quality tungsten products. Moreover, the production capacity for components made of technology metals at H.C. Starck’s Taicang plant in China will be expanded. Meier explained: “With our joint ventures and our growing recycling activities, we are providing our global customers long-term supply security for key technology metals.”

H.C. Starck will also continue to drive future technologies. Since mid-2012, H.C. Starck operates a joint venture with the Japanese chemical company Japan New Chisso Corp.. The joint venture company develops and produces cathode material for high-performance lithium ion batteries used in electric cars and as energy storage units in wind power and solar facilities.

Part of H.C. Starck’s long-term strategy is the recycling of raw materials, continued Meier: “We don’t just recycle ore concentrates. Using innovative technologies, we are recycling increasing volumes of post-industrial waste, slags, and scraps and turning them into high quality and high-performance technology metals. Far more than half of our raw materials are now secondary materials.”

In the procurement of primary raw materials, the company continues to rely exclusively on conflict-free raw materials in accordance with the guidelines of the Electronic Industry Citizenship Coalition. “With growing recycling activities and a certified procurement process, we are guaranteeing a secure and competitive supply of raw materials based on sustainable, ethical and social guidelines and environmental principles,” Meier said.

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Colt Resources Inc. ("Colt" or the "Company") announces today a new global Investor Relations and Marketing initiative designed to communicate more broadly and effectively the significant milestones recently achieved by the Company, which have resulted in establishing Colt as a leader in one of Europe's emerging mineral resource markets for gold and tungsten, Portugal.

"The Company has made the decision to immediately terminate all of its current North-American IR and communications relationships and has entered into a comprehensive agreement with Cooper Global Communications, LLC, ("CGC") a New York-based leader in global IR and communication services. The agreement is subject to TSX Venture Exchange approval.

This change will provide Colt the opportunity to ensure that its message is more broadly conveyed to financial professionals on a world-wide basis with a principle objective of enhancing shareholder liquidity. Management will actively commit its availability to working with Cooper Global in implementing this re-launching of our IR and Marketing initiatives stated Nikolas Perrault , President and CEO."

In addition to the objectives stated above, this strategic change in Colt's IR and Marketing programs will result in significant cost savings to the Company. In consideration of the services to be provided, the Company has an agreement with CGC that commencing in March, 2013 the Company will pay CGC a monthly retainer of $15,000 USD for fifteen months, which may be cancelled after every 90 days with a 10-day notice.

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Tungsten and gold exploration company W Resources has unveiled results in the first phase of its Tarouca exploration programme indicating some high grade results with mineralisation.The wholly-owned 48 sq km Tarouca exploration licence covers former tungsten and tin mines 140km East of Porto in Portugal.

The company said that, to date, results from 98 surface samples from outcrops and old mine works had been received, showing "some extremely high grade results with heavy mineralisation".

Over 8% of the total samples assayed more than 1% WO₃ (Tungsten trioxide) – which the company said represented 10 times the grade found at it flagship La Parrilla mine.

Michael Masterman, Chairman of W Resources, said: "The initial results are extremely encouraging at Tarouca, a project which produced over 600 tonnes of concentrated ore between 1963 and 1984. We see potential to delineate a large high grade tungsten and tin deposit in this former mine in a short period of time."
 

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Following a fall of almost USD5.00kg W in a little over three months, European ferro-tungsten prices are showing some signs of stabilising this week, with a Central European consumer tender concluding around a USD1.00kg W higher on Tuesday compared with end user sales from early last week. Mainstream prices ranged between USD38.90-39.80kg W d.d.p on Wednesday, and both suppliers and buyers speculated intensely over whether prices of the noble alloy were beginning to turn around.

You can visit the following links for more information about  ferro-tungsten prices. Thank you very much!

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According to monitoring last week (March 11-17) by MOFCOM in 36 medium and large sized cities, price of material for production like tungsten continued to drop in the last four weeks.

Of major material for production, the prices of rubber, mineral products, chemical products, energy resources, steel, non-ferrous metal, materials for agricultural production and building materials dropped, and that of materials for light industry remained unchanged.

Prices of rubber dropped 5.3%. As the price of natural rubber in Southeast Asia dropped and the price of chemical raw materials decreased, the price of rubber declined by 7.9% in the last five weeks. Prices of mineral products dropped 0.9%, of which zinc ore, iron ore and copper ore were down by 1.5%, 0.9% and 0.2%, and tungsten ore rose by 0.4%.

Price of chemical products dropped 0.6%, of which sulfuric acid, phenol and styrene were dropped 1.3%, 1% and 1% respectively, and phthalic anhydride, pure benzene and caustic soda dropped by 0.7%, 0.5% and 0.3% respectively. The price of energy resources dropped 0.6%, of which coke, crude oil and raw coal dropped by 1.6%, 1.4% and 0.3% respectively. The production of steel kept increasing and the market supply was sufficient, which brought down the price of steel.

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Ceo George Roach told that Premier African Minerals could bring its RHA tungsten project in Zimbabwe into production by the end of this year.

“Our milestones, in terms of RHA, are to define a compliant resource statement within the next several weeks, and after that, the completion of the mine study that will confirm costing,” Roach said. “We could be back in production later this year,” he added. The aim is to create a low-cost, low-tonnage but high-grade mine, at which Premier will produce tungsten concentrate, he said. “We have chosen properties where we were confident that there was nothing that could be construed as preventing them from ever becoming mines,” Roach said. “Our properties are in various stages of development, and RHA is in the very late stages."

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Indonesian tungsten and tin mining company PT Timah says it will establish two subsidiaries to support its operations in Myanmar.

PT Timah president director Sukrisno is reported as saying that one subsidiary will operate the firm’s tungsten and tin mine in Tanithary (Tenasserim]) province while the other will market its Myanmar-produced  tungsten and tin. 

“We expect the two new business units, which will be fully owned by Timah, to begin operations in 2014,” Sukrisno reportedly said. 

The Indonesian firm’s president said he expected exploration to start in June, and is currently processing its permits with the Myanmar authorities.

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A PROJECT to reopen a disused tungsten mine has moved another step forward thanks to a £75 million construction contract. Wolf Minerals announced that it had appointed fellow Australian firm GR Engineering to design and build a processing plant for the scheme at Hemerdon.
The plant will take around two years to build. Wolf announced last year that it had secured all the finance for the £130 million project near Plympton which will create the world's fourth-largest tungsten mine.

The mine is anticipated to come into production by the end of 2014 and will produce 5,000 tonnes of tungsten concentrate and 500 tonnes of tin annually over the following decade.
The site is set to create 230 directly employed jobs and could create as many more, with the recruitment of a number of senior roles currently taking place.

Wolf Minerals managing director Humphrey Hale said: "Wolf is very pleased to continue working with GR Engineering to develop the Hemerdon Project as we have established a good working relationship over the past three years."

"This is a major achievement for the project team as the EPC contract was tendered to the market and this result is in line with the Definitive Feasibility Study estimate announced in May 2011."

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Vancouver has filed the 43-101 technical report for the feasibility study of its Sisson tungsten-molybdenum project 60 km northwest of Fredericton. The company says the $579-million development is both technically and economically viable.

A mine at Scisson Brook has the potential to produce 8% of the world's tungsten, and that percentage jumps to 40% of when Chinese production is discounted. An open pit and 30,000-t/d mill, and an ammonium paratungstate plant would produce roughly 557,000 tonnes of APT and 4.1 million lb of molybdenum annually for 27 years.

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Indonesia's Supreme Court ruled that it is illegal for government to ban tungsten ore export. That means that the government is required to follow the court's decision to lift the ban on raw mineral exports, the ban on ore export in 2014 may be changed.

Mansu, a senior office of the Indonesian Chamber of Commerce and Industry said that it means that the government must draw up new mineral export regulations. "We must urge the Government to make action as soon as possible." He added. As the verdict ruled by Supreme Court, the ban on all minerals Ordinance will lose legal validity. : “Ministry of Energy and Mineral Resources no longer has the power to control mineral exports, including the approved export quota."

Indonesian government banned the export of raw ore export on ore export on May 6, 2012, in order to encourage investors in Indonesia to establish refining and processing enterprises, promote local economic development and to increase mineral value-added. Since mineral exports accounted for 12% of the Indonesian economic production. The determination for Indonesian government to promote ore processing locally should not be underestimated, the policy is unlikely to be abandoned. 

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