Risk and valuation analysis of the Cantung Mine |
Status Risk : Care and Maintenance |
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Location of the Cantung Mine |
The Cantung Mine is located in the Nahanni area of western Northwest Territories, Canada, approximately 300 km by road northeast of Watson Lake, Yukon, close to the Yukon border. The mine is a primary producer of tungsten concentrate from open pit and underground mines.
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History of the Cantung Mine |
Prospectors discovered the Cantung Mine tungsten deposit in 1954, while looking for copper. In 1959, the Canada Tungsten Mining Corporation Ltd. was formed to acquire and develop the property. The Cantung Mine commenced production in 1962 from an ope more...
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Production history |
Metal | 2009 | 2008 | 2007 | 2006 | 2003 | 2002 | 1986 |
TUNGSTEN (t) | | | | | 252,700 | 209,059 | 3,960,000 |
TUNGSTEN (lbs) | 5,510,394 | 4,763,726 | 3,690,538 | 4,318,855 | | | |
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