Close Menu
thewitness.com.au
  • Home
  • Latest
  • National News
  • International News
  • Sports
  • Business & Economy
  • Politics
  • Technology
  • Entertainment

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Intergenerational warfare may be a distraction when it comes to tax reform

May 2, 2026

A year after scandal, childcare giant faces financial peril and mass closures

May 2, 2026

How Albanese government is ‘evolving’ the meaning of equity, resilience and social cohesion

May 2, 2026
Facebook X (Twitter) Instagram Threads
thewitness.com.au
Facebook X (Twitter) Instagram
Subscribe
  • Home
  • Latest
  • National News
  • International News
  • Sports
  • Business & Economy
  • Politics
  • Technology
  • Entertainment
thewitness.com.au
Home»Business & Economy»Viking advances Nevada tungsten play as prices hit record highs
Business & Economy

Viking advances Nevada tungsten play as prices hit record highs

info@thewitness.com.auBy info@thewitness.com.auApril 27, 2026No Comments4 Mins Read
Viking advances Nevada tungsten play as prices hit record highs
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Brought to you by BULLS N’ BEARS

James Pearson

April 27, 2026 — 1:35pm

You have reached your maximum number of saved items.

Remove items from your saved list to add more.

Save this article for later

Add articles to your saved list and come back to them anytime.

Viking Mines appears to have wasted little time advancing its Linka tungsten project in Nevada, moving into early-stage processing design work using a nifty modular plant design as it pushes the critical minerals play towards a genuine development story.

Fresh from earlier metallurgical work that delivered a saleable concentrate grading an impressive 63.6 per cent tungsten trioxide, the company says consultant Mineral Technologies has now finalised a preliminary process flow diagram for the project.

Old workings at Viking Mines’ Linka tungsten project in Nevada.

The milestone marks a meaningful moment for Viking. A metallurgical win in the lab is now starting to translate into the practical nuts and bolts of mine development, including equipment sizing, indicative capital and operating costs and construction planning.

As part of the study, the company says it has adopted a notional processing rate of 43 tonnes per hour, emphasising this is not a production forecast, rather a planning assumption to help shape equipment needs and preliminary project economics.

‘Defining conceptual processing steps for Linka is a significant step.’

Viking Mines managing director and chief executive officer Julian Woodcock

Notably, the proposed plant design has been built with flexibility at its core. Management believes a flowsheet using a modular approach could allow future additions, such as Wet High-Intensity Magnetic Separation (WHIMS) or a Falcon concentrator, if subsequent test work points to stronger recoveries.

Optionality is often valuable in mining, particularly for specialty metals such as tungsten, where recoveries and concentrate can materially impact project economics.

Mineral Technologies has now begun specification and sizing work on mechanical equipment, which is expected to feed into early cost estimates.

At the same time, Viking says it’s continuing test work on rock breakage and energy usage, supported by newly collected metallurgical samples. The results are expected to provide early guidance on power demand, water and reagent requirements.

Additionally, the company says it’s assessing whether certain plant modules, including the crushing circuit, should be purchased outright or leased to reduce upfront capital costs and shorten development lead times. The approach suggests a capital-light strategy, favouring disciplined, staged project development over bigger, funding-heavy build plans.

Viking Mines managing director and chief executive officer Julian Woodcock said: “Mineral Technologies has designed a process flow that is both robust and flexible, allowing us to maintain a capital-efficient pathway to potential future development while keeping the ability to add additional recovery stages later.”

On the exploration front, Viking has signalled it expects to begin drilling later in the June quarter, ramping up a phase-two field program featuring geological mapping and follow-up of targets generated from gravity and magnetic geophysics, alongside historical trench results.

The company is also finalising a 3D geological model to sharpen drill targeting and potentially underpin a future JORC exploration target.

The company’s program appears well timed, with the global tungsten market continuing to grapple with a severe supply squeeze. Prices for ammonium paratungstate recently climbed to record highs of US$318.50 (A$448.50) per metric tonne unit, with one MTU equal to 10 kilograms of material.

The sharp run-up in prices has thrust Viking’s Nevada assets into sharper focus as Western supply chains hunt for secure, reliable tungsten sources.

In a bid to fast-track early cash flow and capitalise on record prices, the company has started quantifying historical above-ground stockpiles and material within a sizeable tailings dam.

The stockpiles are now being tested to confirm the high-grade potential of this low-cost feed source, building on earlier due diligence samples collected late last year that returned 0.8 per cent tungsten trioxide.

In parallel with the stockpile assessment, Viking has launched a grid-sampling program across the project’s tailings dam to estimate its volume, tonnage and potential economic value as an additional feed source for immediate processing or toll treatment.

With tungsten increasingly recognised as a strategic metal critical to defence, industrial tooling and high-performance alloys, Linka is shaping as a timely project in a prime jurisdiction.

If maiden drilling delivers and early economics stack up, Viking’s Linka tungsten project in Nevada could soon evolve into a serious new tungsten contender.

Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au

You have reached your maximum number of saved items.

Remove items from your saved list to add more.

From our partners

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
info@thewitness.com.au
  • Website

Related Posts

Intergenerational warfare may be a distraction when it comes to tax reform

May 2, 2026

A year after scandal, childcare giant faces financial peril and mass closures

May 2, 2026

How Albanese government is ‘evolving’ the meaning of equity, resilience and social cohesion

May 2, 2026
Add A Comment
Leave A Reply Cancel Reply

Demo
Top Posts

Police believe ‘Penthouse Syndicate’ built Sydney property empire from defrauded millions

September 24, 2025176 Views

Inside the bitter fight for ownership of a popular sports website

October 23, 2025146 Views

MA Services Group founder Micky Ahuja resigns as chief executive after harassment revealed

December 11, 202599 Views
Don't Miss

Intergenerational warfare may be a distraction when it comes to tax reform

By info@thewitness.com.auMay 2, 2026

May 3, 2026 — 5:00amSaveYou have reached your maximum number of saved items.Remove items from…

A year after scandal, childcare giant faces financial peril and mass closures

May 2, 2026

How Albanese government is ‘evolving’ the meaning of equity, resilience and social cohesion

May 2, 2026

Inside the race to save a dying US marine

May 2, 2026
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Top Trending
Demo
Most Popular

Police believe ‘Penthouse Syndicate’ built Sydney property empire from defrauded millions

September 24, 2025176 Views

Inside the bitter fight for ownership of a popular sports website

October 23, 2025146 Views

MA Services Group founder Micky Ahuja resigns as chief executive after harassment revealed

December 11, 202599 Views
Our Picks

Intergenerational warfare may be a distraction when it comes to tax reform

May 2, 2026

A year after scandal, childcare giant faces financial peril and mass closures

May 2, 2026

How Albanese government is ‘evolving’ the meaning of equity, resilience and social cohesion

May 2, 2026

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook X (Twitter) Instagram Pinterest
  • Home
© 2026 ThemeSphere. Designed by ThemeSphere.

Type above and press Enter to search. Press Esc to cancel.