Tungsten Investing News reports tungsten demand remains steady. Apparently, a new Far East buyer for a large quantity of tungsten appeared last week, who is suspected of being a front for the real buyers. It is conceivable that some of the rising demand for tungsten is to manufacture counterfeit gold bars. For complete story, click [...]
Gold Investing News reports Anglo Gold Ashanti’s ambitions. AngloGold, owner of a 70 per cent stake in the Tropicana project, and Independence have approved a study into the proposed development, which is expected to produce between 330,000 and 410,000 ounces of gold annually from 2013, the Johannesburg-based company has said. For complete story, click this [...]
The Chicago Resource Expo will be held on April 24th and 25th in Rolling Meadows, Illinois. It is the oldest conference of its type in North America, and provides a unique, intimate venue of exhibitors, attendees, as well as keynote speakers. This semi annual event, started by Richard Radez back in 1977, offers investors the [...]
Tungsten Investing News reports tungsten jewellery market did well over the holidays. The National Retail Federation had originally forecast holiday sales for the combined November-December shopping months to grow 2.2 per cent, which would still have been the weakest pace of gain in at least six years. The jewellery market was hardest hit, luxury goods [...]
Tungsten Investing News reports with the crash of the markets this year, tungsten’s value has lost. Some stability though has been lent to tungsten metal due to the fact that China has a monopoly on the market. China has curbed output to coincide with the price collapse, and this has lent some stability. For complete story, [...]
Tungsten Investing News reports with the US financial turmoil, bailout plans and global uncertainty, tungsten has been hit hard. The announcement that Golden Predator will delay the opening of the mine was a huge blow to non-Chinese tungsten consumers. China produces 90 per cent of the world’s tungsten, and regards it as a strategic metal. Fears are [...]
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