Abstract It is noteworthy that, the Ministry recently held the 2013 National Assembly prospecting upload a message, we are considering decentralization ready to approve mining exploration, including the implementation of the program the right to review, and approval of mining rights to set the program ready for approval exploration mining rights . Analysts say the move encourages prospecting...
It is worth noting that the 2013 National Prospecting Conference held by the Ministry of Land and Resources recently uploaded a message and is considering decentralizing the right to approve the mining area, including the right to review the implementation plan, the approval of the mining rights setting plan, and the approval of the mining rights. Analysts said the move would encourage the prospecting of mines, which would greatly stimulate the enthusiasm of local mineral exploration and promote social capital to enter the exploration industry. The Jiangxi Bureau of Geology and Minerals announced that it has recently discovered a world-class large tungsten ore in the Zhuxi mining area of ​​Fuliang County, northeastern Yunnan. The amount of tungsten-copper metal controlled by the current workload is over 1 million tons. This is another breakthrough in the prospecting of old mining areas in Jiangxi Province after the discovery of extra-large tungsten deposits in Wuning County in northwestern Yunnan in 2010. The Jiangxi tungsten ore resources have formed a new pattern of three pillars in southern Fujian, northeastern Yunnan and northwestern Yunnan. As a result, the influence of the “World Tungsten Capital†in Jiangxi Province has further expanded.
It is reported that the largest ore body that has been drilled by Zhuxi Mining Area has a thickness of 449 meters, the highest grade is 8%, the average grade is 0.64%-0.65%, which is equivalent to 5 times the industrial grade, and also penetrates nearly 30 meters. Thick symbiotic copper ore body. However, experts from the Jiangxi Provincial Bureau of Geology and Minerals revealed that the current drilling project is likely to only control the broom of the ore body, and the larger broom has not yet been found. On the other hand, the large-scale tungsten mine with proven reserves of 1.06 million tons in Wuning County is currently being mined and processed.
It is worth noting that the 2013 National Prospecting Conference held by the Ministry of Land and Resources recently uploaded a message and is considering decentralizing the right to approve the mining area, including the right to review the implementation plan, the approval of the mining rights setting plan, and the approval of the mining rights. Analysts said the move would encourage the prospecting of mines, which would greatly stimulate the enthusiasm of local mineral exploration and promote social capital to enter the exploration industry. In this context, it is just around the corner that a new batch of new mineral resources will emerge.
At the industry level, unlike the weak pattern of other non-ferrous metals, the price of tungsten products is firm, and Minmetals has raised the guidance price of tungsten concentrates last week. According to business data, Minmetals Nonferrous Metals Co., Ltd. on May 24, the latest offer of 65% black tungsten is 138,000/ton, and 65% white tungsten is 137,000/ton, which is increased by 0.3 million/ton and 0.2 million/ton respectively. The adjustment range is 2.2% and 1.5%. It is understood that from this month, Minmetals' colored offer is adjusted to twice in January, which is the beginning of the month and the middle of the month.
Two A-share listed companies in the tungsten industry have also performed strongly recently. The Zhangyuan tungsten industry, which is mainly engaged in tungsten selection and tungsten mining in Chenzhou, has risen for three consecutive days.
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