Tungsten Mining (ASX:TGN) has raised A$1.9 million via the placement of 48 million shares at A$0.04 per share as the company focuses on a duo of recent Western Australian acquisitions.
Tungsten didn’t have the best year in 2015, as was the case for most metals. Indeed, as China accounts for nearly 85 percent of global tungsten output, the Asian country’s slide into economic turmoil has been rough.
Hazelwood Resources has improved its financial footing and sharpened its focus on the ATC ferrotungsten operation in Vietnam by closing the sale of two Western Australian tungsten exploration properties to Tungsten Mining .
Tungsten group W Resources (LON:WRES) says it's delighted with latest drill results from La Parrilla project in Spain, which beat expectations and will improve mine planning next year.
Tungsten, also known as wolfram, is a shiny, silvery-white metal with low reactivity and the highest melting point of all metals. It is also one of the heaviest metals with a density of 19.25 grams per cubic centimeter.
China plays a dominant role in the tungsten industry. It accounts for about 84.5 percent of the world’s total output, and is a net importer of tungsten concentrates; as a result, it heavily influences the tungsten price.
China is the largest producer of tungsten, accounting for about 84.5 percent of the world’s total output. In 2014, the country produced 68,000 MT of tungsten, the same amount as the previous year. That’s a lot of tungsten, but a recent report notes that the ...
ASX-listed Wolf Minerals has started tungsten concentrate production at its Drakelands openpit mine at the Hemerdon tungsten and tin project, in the UK. “We are very pleased to announce that, as part of the commissioning process, we have now produced tungsten...