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Tungsten Mining News

4 articles about tungsten mining

UK National Wealth Fund to invest up to $96.8m in Tungsten West

<p><strong></strong></p> <p>The UK’s National Wealth Fund is set to invest up to £71 million (approximately $96.8 million) in Tungsten West to facilitate the recommencement of operations at the strategically important Hemerdon tungsten and tin mine in Devon. This substantial funding, comprising both equity and loans, aims to bolster the UK's domestic supply of critical minerals vital for sectors such as defence, aerospace, and advanced energy, while also fostering economic development and job creation in the South West region. The initiative underscores the UK Government’s commitment to securing resilient supply chains amidst increasing international supply volatility.</p> <p><strong>

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Western Star launches exploration at Eagle Point project in US

Western Star Resources has commenced its inaugural exploration and drill-planning program at the Eagle Point Tungsten Project in Hidalgo County, New Mexico. The initiative, spearheaded by Dahrouge Geological Consulting, aims to systematically evaluate the past-producing property by integrating new geological data with historical records to identify prime drilling targets. This strategic move follows recent government surveys that confirmed high-grade tungsten mineralization at the surface, underscoring the project's potential in a critical mineral landscape.

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Blue Moon purchases 33 US tungsten, antimony projects

Blue Moon Metals has announced the acquisition of 33 tungsten and antimony projects across the western United States from a private seller, a strategic move aimed at solidifying its position as a leading US-focused critical metals platform. Valued at approximately $20.5 million, the transaction involves a combination of shares, cash, and future milestone payments, with a key focus on developing high-grade tungsten for direct shipping to the company’s Springer facility and exploring antimony monetization opportunities. This acquisition underscores the growing importance of securing domestic critical mineral supply chains amidst increasing global demand and geopolitical considerations.

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Cove Kaz Capital Group engages operators for Kazakhstan tungsten DFS

Cove Kaz Capital Group has announced the appointment of a consortium of international engineering firms to conduct a definitive feasibility study (DFS) for its Northern Katpar tungsten project in Kazakhstan. This critical step, which commenced in July 2026 and is slated for completion by the end of 2027, is poised to unlock significant tungsten resources and is strategically aimed at addressing a systemic global shortage, with strong backing from US financial institutions. The project, alongside the nearby Upper Kairakty deposit, targets an annual production of 12,000 tonnes of tungsten trioxide, representing approximately 15% of current global mine output.

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