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[Ferro-Alloys.com]Almonty Industries Closes First Tranche of Private Placement for US$2.6 Million

New Age Exploration (ASX:NAE) reported results of further technical studies on its Redmoor Tungsten-tin project in Cornwall, UK. The company has previously completed an updated inferred mineral resource estimate and exploration target for the project.

[Ferro-Alloys.com] There has been a lot of news flow from W Resources PLC (LON:WRES) in the past week as it reported positive news from a number of its projects.

According to the most recent US Geological Survey (USGS) report on the metal, world tungsten production reached 87,000 metric tons (MT) in 2015, an increase over 2014’s 86,800 MT. The market remained in oversupply, putting pressure on prices, leading a number...

[Ferro-Alloys.com]Premier African Minerals (LON:PREM) has started to process underground ore at its RHA tungsten mine in Zimbabwe.

[Ferro-Alloys.com]Vital Metals (ASX:VML) is focused the Watershed Tungsten Project in North Queensland, which remains a development-ready project that is fully permitted and has all landowner and Indigenous agreements in place.

[Ferro-Alloys.com]The ultra-deepwater drillship Tungsten Explorer received extension of its employment contract with another two years until October 2018. The Vantage Drilling’s vessel was currently working under contract in the Gulf of Guinea and West Africa...

Premier African Minerals has been notified that financier Darwin has converted a nine loan notes worth £232,500 into equity.