Obtain tungsten deposits in new areas Shixing progress

"Jiangxi Shixing whole region south of tungsten, tin, rare, rare earth mineral investigation and evaluation" was issued by the China Geological Survey Bureau, Nanjing Geological Survey geological and mineral survey undertaken evaluation projects, project work for the 2014-2016 period. Objectives and tasks of tungsten, tin, rare, rare earth minerals as the main ore to tin tungsten skarn, greisen and granite tungsten, tin, rare, rare earth ore is the main type in a shixing Chengjiang Liu Shan Luo dam conduct a regional survey and assessment work.

The project is in the "pit Nanshan Shixing a good source of tungsten tin polymetallic ore evaluation" based on the results in 2014 were in the Nanshan district of Shixing pit mine, good source of mine to carry out exploration work demonstration.

Nanshan pit area n No. belt implementation ZK927, footage 499.73m, of which more than 450m thick skarn. Skarn complex components, mainly diopside, actinolite, garnet, wollastonite, scheelite, chalcopyrite, sphalerite, pyrite, galena, molybdenite, magnetic pyrite mineralization and other development. At 192 ~ 225m to actinolite skarn-based, scheelite mineralization, brass and lead-zinc mineralization of the most intense and uniform mineralization (Figure 1). Head estimated by comparing the strongest parts of the scheelite mineralization grade of more than 2% (samples have been sent to the laboratory test analysis). The ore body is not only the n-4 orebody 7 line corresponds with 11 lines containing tungsten metal ore actinolite skarn also corresponds. In addition, the hole also see a number of copper-containing quartz veins and Bismuthinite, molybdenite ore. Tungsten tin polymetallic ore found the Nanshan, one of main ore pit No. n -4 control over the length of the orebody reach 400m forecast of up to 200 000 tungsten resources like on.

Good source region in 2014 to implement ZK304 (Figure 2), footage of 299.33m, the main ore-bearing rocks containing rubidium tungsten polymetallic deposits greisen containing rubidium albite muscovite granite and quartz vein (sample has been sent to the laboratory test analysis) . The hole and the early implementation of the project trenching, drilling, pitting and other works of the 1st ore joint control of the spread of the range above lkm2 confirmed good source of mine has a good vision of rubidium tungsten ore.

In practice prospecting for tungsten tin region, rare, rare earth minerals important key geological problems geological background, metallogenic regularity and prospecting signs a preliminary study, presented in the area looking for tin and tungsten polymetallic ore stratabound skarn tungsten tin polymetallic deposits related to the Upper Devonian-controlled, double-Yanshanian granite "body body" type of granite type tungsten molybdenum metal ore and Yanshanian granite "scores different evolution prospecting ideas "type granite rubidium tungsten, niobium, tantalum polymetallic ores.

Through implementation of the project to achieve a significant progress tungsten and tin ore, enrich and improve the tungsten tin, rare polymetallic mineralization theory, for the eastern Nanling metallogenic belt tungsten, tin, rare metal ore prospecting offer more experience.


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Tungsten market funds are tight, businesses require cash settlement

Tungsten market: tungsten market due to funding constraints, businesses require cash settlement, less cash transaction, but there is a certain turnover and price quotations are mostly concentrated in the low range, hold stocks tend to offer today or traded, so some tungsten commodity prices or a small drop. Scheelite cargo shipping business who wishes to increase and decrease the high offer, some traders and downstream buyers also took the opportunity to purchase some of tungsten ore, the mainstream market in the 8.3-8.4 yuan / ton, expected late disadvantaged stability maintenance.

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Less tungsten spot trading market, but there is a certain turnover

Tungsten market funds are tight, businesses require cash settlement, less cash transaction, but there is a certain turnover and price quotations are mostly concentrated in the low range, hold stocks tend to offer today or traded, so some tungsten price or a small drop .

Macro level, institutions predict March CPI up by 1.3% in the second quarter, lowering the probability of large quasi; multi-bank mortgage rates generally go up 10 percent, housing prices proposed return line; the formal implementation of the deposit insurance system May.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten market sentiment strong, the lack of demand under

Tungsten market: businesses operating tungsten little enthusiasm, market sentiment strong, thinly traded, is expected to safeguard stability tungsten prices mainstream today, manufacturers offer a high level of individual tungsten small drop. Few large smelter started home less overall volume and orders, but most small and medium sized smelter home again suspension, businesses generally believe that the recent price of tungsten or hovering in the current price based.

Molybdenum market: lack of demand under international molybdenum prices fell again, although the city has experienced domestic molybdenum multiple positive boost, but in the end still up weak. Steel tender price is still lower than expected, the market waiting to see again enriched atmosphere. Short-term market is expected to continue steady.

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Businesses operating tungsten little enthusiasm, strong sentiment

Businesses operating tungsten little enthusiasm, market sentiment strong, thinly traded, is expected to safeguard stability tungsten prices mainstream today, manufacturers offer a high level of individual tungsten small drop. Although tungsten City market outlook is still not very clear, but some businesses are still bullish outlook tungsten steel scrap that scrap tungsten steel price still was up late may. Scheelite short term, paratungstate market or a slight increase, but do not rule out the possibility of shock consolidation.

Macro level, multi-sectoral push the New Deal, the release of a stable market signals; state-owned enterprises pay more provinces brewing reform program, and control executives hidden income; Asian investment bank expanded to 42 countries, in Australia or in the next month to join.


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Morton British black tungsten and tin resources grew 34%

Wolf Mining Company (Wolf Minerals) announced that its 34% growth in Devon near Black Morton (Hemerdon) tungsten tin project reserves, mainly because of the deeper open pits can be opened.

(Drakelands) near the open pit Drake Rand black Morton project completed in the second half of last year, six drilling effort, found its slope can dig deeper, it is possible to add 65 meters down the mine life by 10 years extended to 13 years.

Therefore, it increased to 35.7 million tons of ore reserves, grade tungsten trioxide 0.19%, tin grade of 0.03%. Confirmed in the above reserves (Proved) reserves of 27.9 million tons, outline (Probable) reserves of 7.8 million tons.

Currently, the project is advancing as planned. Once put into operation, will become Britain's first 40 years of the development of new metal mines.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Near the end, hold stocks of tungsten ore shipments will increase slightly

Near the end, the tungsten market as a whole increased financial pressure, some hold stocks of tungsten concentrate shipments will slightly increase in cash and reducing the high quote, some traders tentative inquiry of tungsten concentrate, resulting in Scheelite deal stalemate, downstream tungsten goods production is relatively slow. Recent tungsten market is expected to wait and see, some commodity prices or slightly lower tungsten, tungsten overall market steady consolidation.

The main factor is the stabilization wait: on the one hand, to be announced in April guided, businesses or wait wait, the operation is not strong positive; on the other hand, and soon to usher in the festival, traders have a short break holiday.


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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Tungsten market to wait and see, feed late disadvantaged maintenance of stability

Tungsten market: the end of the financial pressure due to increase in tungsten concentrate shipments will increase cargo operators, and reduce the high offer, some traders and downstream buyers also took the opportunity to purchase some of tungsten ore, the mainstream market in the 8.3-8.4 yuan / ton, expected late disadvantaged stability maintenance. APT and other downstream tungsten smelter home the same financial constraints, operating enthusiasm weakened, more tentative inquiry for tungsten concentrate, resulting in Scheelite deal stalemate, the downstream production of tungsten is relatively slow, with product prices and lower raw material market downward. Recent tungsten market is expected to wait and see, some commodity prices or slightly lower tungsten, tungsten overall market steady consolidation.

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Tungsten overseas demand does not improve, APT prices continue to fall

Tungsten overseas demand has not yet been improved, the European APT prices continue to fall, the latest MB quote APT Europe quoted at $ 250-275 / ton degrees lower compared to last week's average 10 US dollars / ton degrees. Due to fierce competition in the market wolframite CIS wolframite prices also declined.

Only ferrotungsten overseas prices are relatively strong and sustained a slight rise in the rally, the latest quote ferrotungsten MB Rotterdam 33.6-34.75 dollars / kg, with last week raised $ 0.175 / kg, which is expected perhaps with Vietnam Yang Xing Tungsten suspended due to patent issues tungsten iron production to some extent.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
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Near the end, the whole market volume was light tungsten

Tungsten market: Near the end, the whole market volume was light tungsten, demand continues to slump, lack of business confidence tungsten, tungsten considered late or have lower prices, but by the cost of support, losses were limited. Scheelite recent days cash transaction price or slightly lower, partly Scheelite holding business cash shipments will increase slightly, offer high tungsten products or have dropped.

Molybdenum market: International Molybdenum City because there is not enough demand to support has dropped slightly, the domestic market is still the main stable, companies offer strong, but the result was unsatisfactory, there is no significant increase in the actual volume, sentiment breeding.

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