Berkshire Hathaway Invests in Korean Tungsten Project
Mining Weekly reported Warren Buffet's Berkshire Hathaway International Metalworking Corporation has agreed to invest $80 million in Woulfe Mining's (TSXV:WOF) South Korean tungsten project.
Mining Weekly reported Warren Buffet's Berkshire Hathaway International Metalworking Corporation has agreed to invest $80 million in Woulfe Mining's (TSXV:WOF) South Korean tungsten project.
Bloomberg reported Korea Resources is planning on increasing nine stockpiles of rare earths by 382%.
SunHerald.com reports South Korea has small reserves of antimony, gold, copper, iron ore, lead, molybdenum, silver, tin, tungsten and zinc.
Woulfe Mining Corp. (CVE:WOF,OTC:WFEMF) announced it has received permit approval for development of production at its Sangdong tungsten/molybdenum mine.
NASDAQ reports Woulfe Mining Corp (CVE:WOF,PINK:WFEMF) has ticked lower with shares fetching 30 cents each, down 2 cents.
The tungsten market is witnessing consistent growth as development around the globe in national defense, civil and war industries are using up all the tungsten supplies they can get their hands on.
Woulfe Mining is a Canadian-based exploration and mine development company, with a diverse portfolio of precious and base metals projects in South Korea.
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