Yunnan Tin to Spend $566m on Relocation of Smelter

Chinese tin producer Yunnan Tin Company (YTC) plans to spend 3.5 billion yuan ($566 million) to move its main smelting facility from Gejiu city, in order to comply with the Chinese government’s environmental policies.

Of this total, plant construction is expected to cost about 1.9 billion yuan. YTC – which is the world’s largest tin producer – will move its smelting facility to the Mengzi Economic Development Zone in Yunnan province.

Its new copper and lead smelters are already located there, and it plans to upgrade the tin smelter to a 70,000-tpy plant. The relocation project is expected to take three to five years to finish.

The company’s existing tin plant, which underwent major upgrade work with the installation of an Ausmelt furnace in 2002, is situated within Gejiu city.

Under the entry requirements for the tungsten, tin and antimony industries, set out by the Chinese National Development & Reform Commission in 2006, smelters that are within 1km of residential areas must be relocated.
 

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Warrants of North American Tungsten Corporation will Expire on June 30, 2014

North American Tungsten Corporation Ltd. (the "Company") is pleased to announce that it has received TSX Venture Exchange approval for the issuance of an aggregate 5,000,000 common share purchase warrants (the "Warrants").

 To two directors in connection with the previously announced extension of  the Company's CAD$12,000,000 working capital loan facility.

Each Warrant is exercisable for one common share of the Company at an exercise price of $0.20 per common share. The Warrants will expire on June 30, 2014.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Geodex Minerals Recently Reported the Drilled Results in New Brunswick

Exploration company Geodex Minerals recently reported the results from three of six holes drilled on its Dungarvon property in New Brunswick.

Of the holes drilled, the best is “DU-13-03". Geodex Minerals is currently exploring the Peaked Mountain target at Dungarvon.

Where it was able to locate the source of numerous large and high-grade tungsten-molybdenum bearing boulders, as well as tungsten-tin soil anomalies.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

The Best Holes Drilled on Geodex Minerals Dungarvon Property

Geodex Minerals recently reported the results from three of six holes drilled on its Dungarvon property in New Brunswick.

Of the holes drilled, the best is “DU-13-03 which intersected 9.31 metres of 0.177% tungsten trioxide (WO3) and 0.036% tin.

With mineralization in this interval mainly in quartz veins cutting country rocks in close proximity to the Dungarvon Granite.”
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Cadillac Will be Moving Forward with the Summer Tungsten Exploration Program

Recently, Cadillac released an update15 to the resource estimate at the property filed in 2009. From the new report, the indicated tungsten resource at  Burnt Hill has seen an increase of 282 percent.

Bringing the number to 1,761,000 indicated tonnes of 0.292-percent WO3, 0.007-percent MoS2 and 0.008-percent SnO2.

The resource estimate has also seen an increase to the inferred category of 158 percent for a total of 1,520,000 inferred tonnes of 0.263-percent WO3, 0.008-percent MoS2 and 0.005 -percent SnO2 .
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

 

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