COMPANY NEWS: 
The Northern Miner • VOL. 98 (March 12 -18, 2012)
Malaga sitting Pretty as Tungsten Prices Soar- Trish Saywell
Three years ago when pierre Monet went out on the road to talk to the investement community about tungsten, he would spend more than half of his time explaining what the metal was all about. Today the president and chief executive of tungsten producer Malaga (MLG-T) says the people he meets "understand the story" and "the supply and demand fundamentals" of the metal, the second-hardest element in the world after diamonds, and claims there is "a real concern about where the supply is coming from" and that end-users are "looking to get long-term supply agreements" in place.
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Forbes - March 14, 2012
The world Is Running Low On Tungsten; Why Should You Care - by Eric Savitz
Last month, Warren Buffet and Berkshire Hathaway unit IMC International Metalworkingagreed to invest $80 million in a tungsten mining project in South Korea, which was once the world’s biggest tungsten producer.While the deal may come as a surprise to the outside world, those with knowledge of tungsten understand that it’s a crucial but disappearing resource that continues to affect all of us.
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Dow Jones Newswires - Barrons ( February 18, 2012)
Tungsten Prices Soar
by Tatyana shumsky
World tungsten production slumped 21%, to 72,000 metric tons last year, from the peak of 90,800 metric tons reached in 2006, according to the USGS. The downturn comes just as robust growth in energy extraction, mining and the automotive sector whets the global appetite for machine tools that rely on the super-hard metal. "Demand has been growing at a pace of about 6% to 7% for a few years, while supply has been almost flat because China reduced their production and shut down a few mines," says Pierre Monet, the CEO of Malaga, which produces the metal in Peru.
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The Northern Miner • VOL. 97 (October 31 -November 6, 2011)
Malaga makes headway in Peru - By Trish Saywell
Before Montreal-based Malaga (MLG-T) took over the Pasto Bueno mine in 2005, private owners in Peru had turned out nearly 6 million tonnes of tungsten ore — or 42,000 tonnes of tungsten concentrate — from just five veins they had identified on the property. Malaga has identified 79 veins at Pasto Bueno, six of which are in production in the mine’s Huauraand Huayllapon zones on the northern part of the property, which make up nearly 15% of all the tungsten produced outside of China, the company says. In other words, explains Pierre Monet, Malaga’s president, Pasto Bueno has a lot of exploration upside, particularly in the Consuzo zone and in four prospective manto orebodies on the southern part of the property.
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