Avrupa Minerals Reports On Covas Tungsten Project, NW Portugal(Parrt1)
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- Category: Tungsten's News
- Published on Wednesday, 10 April 2013 09:25
- Written by Elva
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Avrupa Minerals Ltd. is pleased to report on further progress at the Covas Tungsten Joint Venture exploration program in NW Portugal. The tungsten project is operated by Avrupa, and funded by Blackheath Resources Inc. ("Blackheath"), under a previously-announced earn-in agreement (see AVU news release, dated May 18, 2011).
Phase 1 of the exploration program at Covas is now complete, with all outstanding results in hand. The program successfully confirmed and tested known skarn-related mineral occurrences and extensions, as well as new targets. Work in Phase 1 included re-interpretation of historic magnetic data, completion of a gravity survey in the Covas Dome area, as well as geological mapping, rock sampling, and a total of 1,606 meters of core drilling in 15 completed drill holes in five separate target areas. Review of all data and results is underway in preparation for the next phase of work, which will commence later this April and will include further core drilling later this year.
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European Ferro-tungsten Prices Consolidate
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- Category: Tungsten's News
- Published on Wednesday, 10 April 2013 09:01
- Written by Elva
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Traders in the European ferro-tungsten market have reported a slower start to activities this week compared with the frantic movements seen in the early days of April. Sources have speculated over ferro-tungsten prices climbing above USD43.00kg W in warehouse Rotterdam last week, however, on Monday, inter-trade prices appeared marginally softer between USD41.50-42.00kg W in warehouse Rotterdam.
A large Central European trader of ferro-tungsten revealed that the wave of consumer enquiries that forced numbers of the noble alloy to increase almost USD4.00kg W in around two weeks at the end of March,
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China Tungsten & Cemented Carbide Conference in May 2013
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- Category: Tungsten's News
- Published on Tuesday, 09 April 2013 11:43
- Written by Emily
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There is China Tungsten & Cemented Carbide conference to be held in Chengdu, China in two days from May 26 to 28 in 2013.
Conference Background:
In recent years, the falling prices of annual tungsten products and the drop in product sales have exerted greatly ill impact on the profitability and the development of scale for the entire tungsten industry. To make matters worse, most tungsten processing enterprises and tungsten trade enterprises can’t make practical measures to avoid risks as a result of less emphasis and insufficient research on price fluctuations. In addition, the high prices of tungsten mine have taken up more and more funds from enterprise funds. It not only lowers the using efficiency of enterprise funds, but also increases the risks of enterprise management to severely impact the earning ability and do harm to the healthy development of tungsten enterprises and industries. Therefore, it is very necessary to conduct a detail analysis on and follow the tracks of prices of tungsten raw material.
With the shrinking demand for tungsten carbide, steel and other tungsten products, prices of tungsten raw material have been compressed. On one hand, prices of tungsten mine still stay relatively high. On the other hand, the earning ability of APT, tungsten powder, tungsten carbide powder, tungsten bar and other tungsten carbide products went down so that the business environment is deteriorating. Hence enterprises and industries cannot emphasize too much the importance of looking for a relatively both positive and stable way to guide the future development.
In accordance of the above mentioned, Ruidow will invite people from all walks of life to Chengdu on May 26-28 to attend the conference for the purpose of exploring key issues and subsequent development of the current industry.
Topics of the conference as follows:
- National policy and the future development prospect of Tungsten
- The possible models to decide prices of tungsten mine
- How should tungsten processing enterprises deal with the huge fluctuations of raw material
- Exploring the management of scale of tungsten enterprises
- Analysis on the future stable growth points in tungsten carbide market
- Statues analysis and outlook about domestic tungsten carbide
- Management of tungsten carbide enterprises under new situation
- Talking about current chances for Tungsten enterprises from the export market of tungsten
- The trend of tungsten carbide markets what foreign countries demand for
- Enjoying experience of selling tungsten carbide products
- Analysis on the motion of price change
Comment:
Specific topics of the conference are subject to final confirmation
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Tungsten Concentrate Market Shows Uptrend
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- Category: Tungsten's News
- Published on Wednesday, 10 April 2013 08:54
- Written by Elva
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From late March, the tungsten concentrate prices moved up gradually because some companies purchased materials in relatively large quantities, and the tungsten concentrate market showed the uptrend. Many tungsten concentrate suppliers hold offers firm and even increase slightly, but the trading volume does not improve obviously with the soft demand.
Tungsten Mine Market On Apr 8,2013
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- Category: Tungsten's News
- Published on Tuesday, 09 April 2013 10:34
- Written by Elva
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The tungsten mine market transactions have slight improvement and keeps stable tend to inflation in short-term.
The tungsten concentrate guidance prices of Ganzhou Tungsten Association and the China Minmetals Non-ferrous Aprilwere were flat. Tungsten mine prices have slight improvement in market transactions and it will keep stable and tend to inflation in short-term.
The ammonium paratungstate business confidence reply bullish market outlook, the price adjustment will be more strongly; tungsten powder market exercise alone alsoincrease in tungsten carbide generally offer 275 yuan / kg nearby; scrap tungsten steel prices remain strong.
Expected that tungsten prices in mainstream will keep steady in short-term and individual will be higher.
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