Woulfe Mining Corp. (TSXV:WOF,OTCQX:WFEMF,FWB:OZ4) announced that it has negotiated the purchase of the 2% net smelter royalty retained on the Sangdong tungsten-molybedenum project in South Korea from the vendor, Se Woo Mining Co. Ltd., for CDN$3.5 million, of which $500,000 was paid on execution of the agreement and the balance of which is payable by December 19, 2011.
Wednesday, July 27, 2011
NASDAQ reports Woulfe Mining Corp (CVE:WOF,PINK:WFEMF) has ticked lower with shares fetching 30 cents each, down 2 cents.
Tuesday, January 18, 2011
The prices for tungsten have skyrocketed as much as 81 per cent over the last year due to tight supply chains. China’s second largest tungsten producer announces a three month shut down for repairs, adding scarcity in the market. Also, tungsten miners announce developments on their projects.
Continue reading "Tungsten Price Rises on Tight Supply"
Wednesday, November 24, 2010
Bloomberg.com reports that Korea Zinc is planning to buy units of Woulfe Mining (CVE:WOF).
Continue reading "Korea Zinc to Invest in Canada’s Woulfe Mining, Units"
Thursday, July 29, 2010
Woulfe Mining Corp. (CVE:WOF) reports an underground drilling program for the Sangdong Tungsten project in South Korea. preliminary analysis is being undertaken of the potential resources in an area from 50m above the Sangdong level down to around 25m to 30m below. This investigation utilises information from recent surface drilling (2007 – 2009), historical underground drilling [...]
Continue reading "Woulfe Mining Underground Drilling Program at Sangdong Mine"
Wednesday, July 28, 2010
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 [...]
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 [...]
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 [...]
Continue reading "Woulfe Mining: Work Schedule for 2010"
Thursday, May 13, 2010
Woulfe Mining reports that it has completed a partially non-brokered private placement. The Placement was brokered by GMP Securities Europe LLP which shall receive a cash commission of 6% of the proceeds directly placed and 3% of the proceeds placed by the Company and 1,763,000 compensation warrants representing 6% of the shares placed. Each whole compensation [...]
Continue reading "Woulfe Mining closes $4,407,500 brokered private placement"
Monday, May 10, 2010
Woulfe Mining Corp. reports Scoping Study for its Sangdong project in South Korea has been submitted to the property vendor, Se Woo Mining. The Company has the right to secure 100% ownership on completion of a full feasibility study. At that time, the Company’s remaining obligation to Se Woo Mining is a 2% net smelter royalty once production [...]
Continue reading "Woulfe Mining Stake in Sangdong Grows to 70%"
TungstenInvestingNews.com maintains a focus on Tungsten exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Tungsten Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Get our exclusive independent commentary on tungsten trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Thursday, November 17, 2011