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Vol. 14, No. 30 Week of July 26, 2009
Providing coverage of Alaska and Northwest Canada's mineral industry


Mining News: Low prices force tungsten mine to close

Miner expects production shutdown at Cantung operation near Watson Lake, Yukon to last about six months before market rebounds

Rose Ragsdale

For Mining News

North American Tungsten Corp. Ltd.’s decision to shut down the Cantung Mine, Canada’s only producing tungsten mine, Oct. 15 comes at a time when tungsten prices are depressed and stockpiles of ore are climbing. But company Chairman and CEO Stephen M. Leahy, told reporters in Brazil recently that he....

    [additional news subjects in this story]

Painful decision

History of shutdowns

Exploration to continue


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