Woulfe Mining Corp. (CVE:WOF) reports its development of Sangdong tungsten-molybdenum project, South Korea. Woulfe has prepared a drilling program to delineate a block lying above the valley floor that has the potential to contain 3 million to 5 million tonnes of relatively high grade resources. This is an exploration target as it is uncertain if further [...]
Monday, June 7, 2010
Woulfe Mining Corp. (CVE:WOF) reports its approval for the mine development license for Sangdong tungsten-molybdenum project. The Company will lodge an environmental bond in the coming week and proceed to open the underground mine in conjunction with the mine safety authority. Brian Wesson, CEO and President of Woulfe Mining says: “This is a significant milestone for the Company in our aggressive [...]
Continue reading "Wolfe Mining Corp. Receives Mining License"
Tuesday, May 25, 2010
Woulfe Mining Corp. (CVE:WOF) reports its work schedule for 2010. Woulfe Mining is focused on the redevelopment of the world class Sangdong tungsten and molybdenum mine in South Korea. Woulfe is in a unique position with what the Board considers to be “The” tungsten project in the world with its 25 km of underground development shafts, airways [...]
Continue reading "Woulfe Mining: Work Schedule for 2010"
Tuesday, March 3, 2009
Chinese ferrotungsten export prices have been creeping up since the conclusion of the spring festival in January. Low prices in the fourth quarter of 2008 pushed many key tungsten producers to stop operations. The same miners have announced, that despite the current trend, they do not plan to resume mining and production in short term.
Continue reading "Supply cutbacks influence tungsten market"
Sunday, February 1, 2009
European Ferro tungsten prices crept up for the week as buyers drew down inventories in Rotterdam. For a second week in a row, the Lunar New Year Holiday in China meant lack of supplies were coming out of the country.
Continue reading "Tungsten shortage buoys price"
Thursday, December 4, 2008
Tungsten, like all the other metals, has seen a large amount of its value lost in the 2008 market crash. However, some stability has been lent to tungsten due to the fact that China has a monopoly on the market.
Continue reading "Tungsten companies move forward"
Thursday, October 23, 2008
Tungsten prices have managed to hold steady while all the other base metals dive. In 2004, tungsten was worth US $60 per kilo, and now it oscillates around $260 per kilo. Tungsten’s value is due to its exceptional properties.
Continue reading "Tungsten resilient to market fluctuations"
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Wednesday, July 28, 2010