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Malaga may sell Peruvian tungsten assets as financial woes deepen

By: Henry Lazenby Tungsten junior Malaga, which owns the Pasto Bueno mine, in Peru, on Tuesday said it could sell its Peruvian assets in an attempt to remain a going concern. Malaga put the Pasta Bueno mine and plant on care and maintenance in the fourth quarter, which had cast significant doubt about its ability... 

Malaga suspends mining at Peru tungsten operation

By: Henry Lazenby TSX-listed tungsten producer Malaga has suspended mining at its Peruvian Pasto Bueno tungsten mine and placed it on care and maintenance following a power disruption, only weeks after it had suspended milling operations. Malaga said it had put in place security measures at the plant and mine... 

Malaga places Peru plant on care and maintenance, shares dive

By: Henry Lazenby TSX-listed miner Malaga on Monday said it had suspended production at its Peru-based Pasto Bueno tungsten mill and had placed it on care and maintenance following a power disruption. The company said the hydro-electric transmission line was accidentally severed and several transmission poles... 

Northcliff forges ahead with NB tungsten-moly project

By: Matthew Hill TSX V-listed Northcliff Resources plans to complete a feasibility and environment impact study into its Sission tungsten-molybdenum project in New Brunswick by the third quarter of next year, the company said on Tuesday. Northcliff will invest $17-million in the project by the first quarter of... 

Tungsten in same boat as rare earths - Malaga CEO 

By: Matthew Hill Prices for tungsten are rising “almost weekly” and the metal finds itself in almost an identical economic situation to rare earth elements, with burgeoning demand and shrinking exports from China, the biggest producer, Malaga chairperson and CEO Jean Martineau said on Tuesday. The metal, also... 

Malaga appoints president, CFO

By: Liezel Hill Tungsten-miner Malaga has appointed Pierre Monet to the position of president and named Joey Trombino as vice-president and CFO, the company announced on Wednesday. Malaga's flagship asset is the Pasto Bueno tungsten operation in Peru. 

Malaga plans ramp up to 750 t/d at Peru tungsten mine

By: Liezel Hill Montreal-based tungsten producer Malaga has received the last milling equipment it needs to ramp up throughput to 500 t/d at the Pasto Bueno operation, in Peru, the company announced on Wednesday. The firm also said it plans to increase throughput further towards a rate of 750 t/d. 

Malaga ramps up mill at Peru tungsten mine

By: Liezel Hill TSX-listed Malaga has ramped up the mill at its Pasto Bueno operation, in Peru, to 450 t/d, and expects to reach 500 t/d by the end of this month. The news could not have come at a better time, as the APT tungsten price reached a new high of $237/t, the firm pointed out this week.  

Malaga expects $1m from Q1 tailings concentrate sales

By: Liezel Hill Malaga Inc, the only operating tungsten miner in the Americas, expects to generate a total of $1-million in the first quarter by selling copper/silver concentrate extracted from the mine tailings at its Pasto Bueno operation, in Peru. The company sold 1 000 t of copper/silver concentrate in... 

Tungsten-miner Malaga mulls 2nd mill, acquisitions

By: Liezel Hill Malaga Inc, the only operating tungsten miner in the Americas, could start considering a second, “much bigger” mill at its Pasto Bueno mine, in Peru, by 2012 and is looking reasonably seriously at potential acquisitions in North America and Europe, CEO Jean Martineau said on Tuesday. Demand for... 

Cat expert helps improve productivity

By: Ollie Madlala Bearing in mind that the operator is key to getting the best out of any earthmoving machine, Barloworld Equipment flew in an international Caterpillar demonstrator and application specialist when long-time customer SPH bought a new Cat 365B-II hydraulic excavator recently. 

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