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Tungsten Prices Surge Fivefold as Western Miners Race to Secure Supply

Tungsten Prices Surge Fivefold as Western Miners Race to Secure Supply Canada NewsWire ...

articleCapstone Copper Corp.February 26, 20265/company/capstone-mining-corp/news/tungsten-prices-surge-fivefold-as-western-miners-race-to-secure-supply-2
Tungsten Prices Surge Fivefold as Western Miners Race to Secure Supply

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[{"type":"text","content":"\n\n\nTungsten Prices Surge Fivefold as Western Miners Race to Secure Supply\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nIssued on behalf of GoldHaven Resources Corp.VANCOUVER, BC, Feb. 26, 2026 /CNW/ -- USA News Group News Commentary -- Tungsten prices have surged fivefold over the past year as prolonged underinvestment and tightening Chinese exports push the market toward what BMO analysts warn could become a severe global shortage, with ammonium paratungstate now trading at approximately $1,775 per metric tonne unit after Chinese exports plummeted to near zero in late 2025[1]. Copper price forecasts have jumped above $11,000 per tonne for the first time, according to a Reuters poll of analysts who remain wary about speculative excess even as supply deficits widen across base metals markets[2]. Companies advancing critical mineral projects in stable mining jurisdictions include GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), Wheaton Precious Metals (TSX: WPM) (NYSE: WPM), Capstone Copper (TSX: CS), Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), and Taseko Mines (TSX: TKO) (NYSE-A: TGB).\n\n\n\n\n\n\n\nThe U.S. State Department hosted representatives from 54 countries at the 2026 Critical Minerals Ministerial in February, signing new bilateral frameworks and channeling billions through federal funding programs to accelerate domestic and allied critical minerals supply chains[3]. StoneX estimates the copper market deficit will nearly double to 333,000 tonnes in 2026, up from 174,000 tonnes the prior year, as accelerating electrification and rising defense procurement strain existing supply[4].GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) has appointed Raymond Wladichuk as Technical Advisor to the Company, joining the BC geological team with a primary focus on advancing the Magno Project. Mr. Wladichuk is a Professional Geoscientist (P.Geo.) registered in multiple Canadian provinces with over 15 years of experience across mineral exploration, engineering, and construction. In his role, he will support drill permitting initiatives and the strategic d...

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