Almonty is focused on acquiring distressed and underperforming operations and assets in Tungsten markets that can benefit from its in-house operating professionals and experience. Almonty is known as a very hands-on, turnaround investor-operator that is most effective in situations regarded as too complex or difficult for the average, pure "financial investor."
27/01/15Almonty snaps up Woulfe Mining to create large tungsten producer
02/04/13Jennings maintains buy rating on Almonty Industries after Valtreixal option deal
15/02/13Almonty Industries kept at buy by Jennings Capital as head grades, cash costs improve at tungsten mine
Recent Sector News
City analysts locked horns on Tuesday over the merits of holding shares in under the cosh global commodity giant Glencore (LON:GLEN), with US firm Citi saying the sell-off was 'overdone'.
“It has always been our intention to grow our position northwards from our flagship Araguaia project," Jeremy Martin said.
The offtake is part of a wider cooperation effort between Scandium International and Alcereco that includes a memorandum of understanding aimed at developing special scandium-enhanced aluminum alloys based on Alcereco’s design, manufacture, and testing of Al-Sc alloy materials.
Ivanhoe Mines (TSE:IVN) had its price target cut by analysts at Dundee Capital Markets, who pointed out increased dilution following Zijin Mining's C$105 million investment into the company, as well as concerns over the need to raise significant additional funds.
Shares of Lion One Metals (CVE:LIO)(ASX:LLO)(OTCQX:LOMLF) surged today after announcing that it has received environmental approvals for the construction and development of its Tuvatu gold project on the island of Viti Levu in Fiji.
EMED Mining’s (TSE:EMD) (LON:EMED) chairman and chief executive have stood down after a US$30mln bridging loan package was agreed that involves new major shareholder Trafigura.
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