Woulfe Mining (Wolfram, Molybden, Gold)


Seite 21 von 28
Neuester Beitrag: 25.04.21 00:34
Eröffnet am:18.02.10 18:08von: RheumaxAnzahl Beiträge:682
Neuester Beitrag:25.04.21 00:34von: SandrafepraLeser gesamt:192.147
Forum:Hot-Stocks Leser heute:17
Bewertet mit:
9


 
Seite: < 1 | ... | 18 | 19 | 20 |
| 22 | 23 | 24 | ... 28  >  

161 Postings, 4805 Tage InverseMuguk & Silber

 
  
    #501
15.03.12 08:55
Nach Kores sind ca 3 mio oz Silber in Muguk zu finden.

Beispielrechnung:

Nehmen wir an von den 3mio sind 1,5 mio abbauwürdig und nehmen wir weiter an der Silberpreis steht bei 20$ die oz so würde Silber für ungefähr weitere 30mio Profit stehen. Da ich davon ausgehe das die Kosten für Muguk durch Gold abgedeckt sind dürften keine oder nur sehr geringe Abbaukosten durch Silber verursacht werden.

Die 30 mio/ 7 Jahre Minenlaufzeit= Gewinn pro Jahr  

748 Postings, 5701 Tage Flocke77Interessant heute wieder

 
  
    #502
23.03.12 13:37
...da scheinen einige die Nerven zu verlieren und verkaufen fast 10 % unter pari.....Kopfschüttel. Was haben die erwartet..... das wir nach der letzten Meldung dann innerhalb kürzester Zeit 1000 % machen (?!).

....auch wenn ich natürlich zugeben muß, dass der momentane Kursverlauf in den letzten Tagen etwas zu wünschen übrig lässt....

Aber.....das Ziel ist in Sichtweite :-)  

161 Postings, 4805 Tage Inverse@Flocke

 
  
    #503
23.03.12 14:19
Die einen verkaufen, andere kaufen. Habe mir selber gestern noch ein paar Stücke geholt.
Bin hier weiterhin long und rechne in Kürze mit News. In der Regel schauen dann viele wieder dem Kurs hinterher. Jeder ist halt seines Glückes eigener Schmied.

Inverse  

658 Postings, 8791 Tage physikoh! Ein sehr positiver Report

 
  
    #504
1
28.03.12 09:47

Unter

http://www.stockopedia.co.uk/research/next-tungsten-producer-65028/

findet man jene Zusammenfassung: "Following the recently-signed milestone agreement with International Metalworking Companies (IMC), Woulfe is moving to a 75% ownership in the Sangdong mine and a 45% interest in the downstream APT plant, which together comprise the Sangdong tungsten project. Having been significantly de-risked as a result of this deal, the project is expected to deliver its first saleable APT in 2013 and should therefore be on track to benefit from the strong tungsten market fundamentals. Our valuation of Woulfe implies a 89% upside to the current market price and we believe the stock should re-rate as the project is advanced to production."

 

748 Postings, 5701 Tage Flocke77Aus einem anderen Forum

 
  
    #505
1
28.03.12 14:33
http://silberguru.ch/2012/03/27/...gold-neue-falschungen-aufgetaucht/

....schon interessant was man mit Wolfram alles machen kann :-)  

161 Postings, 4805 Tage InverseNews

 
  
    #506
28.03.12 14:42
Woulfe Mining Metallurgical Recovery 15% Above Historical
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 28, 2012) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) is pleased to announce that metallurgical testwork has been completed for feasibility.

Brian Wesson (FAusIMM) CEO/President of Woulfe commented "It was not an easy decision for management to delay the feasibility study to seek out the best technology available as a base of metallurgical test work. What made this even more difficult for us is that our signed strategic agreements require the feasibility study for the completion of due diligence. This time and effort was well spent as we have now shown that recoveries of 85% can be achieved, some 15% higher than historical. This positively impacts the return on investment as higher concentrate grade reduces both capital and process costs. Truly a great achievement so now the feasibility is moving rapidly to completion, and will be released in mid-April 2012."

Metallurgical Testwork 85% recovery

Metallurgical testwork on the Sangdong scheelite ore has proved a highlight of finalising the inputs to the Sangdong Project Feasibility Study. Having established the optimum grind size, an all flotation circuit was trialled. The success of this and its lower capital cost compared with the more conventional gravity plus flotation circuit has resulted in its adoption as the project moves through feasibility to production.

The process first floats the molybdenum, bismuth and other sulphides into a sulphide concentrate using conventional sulphide flotation. The molybdenum and bismuth concentrate can either be sold or further processed to highly value added products. Having removed the sulphides, the scheelite is then initially floated giving it an upgrade ratio of up to 20 times at very high scheelite recovery. This concentrate is then thickened and heated as feed to a flotation circuit incorporating modifications to the well-known Petrov process. The small quantity of thickened and heated concentrate is floated using conventional, but intense flotation conditions. This has resulted in the production of concentrate grades of more than 70% WO3 at recoveries above 85%. The feasibility study has been modified to include these exciting results. New tonnage samples are now being mined from the advanced re-opening of the Sangdong mine to provide adequate feed to verify the feasibility study results by pilot plant testing.

Concentrates from the pilot plant will be used to define the design criteria for the planned ammonium paratungstate plant (APT plant) that under the IMC agreements will be funded by our off-take partner as part of the off-take agreement announced earlier this month.

This news release has been reviewed and approved in the form and context in which it appears by Mr Rod Elvish FAusIMM, who is working with Woulfe on the Sangdong metallurgical study. Mr. Elvish has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of mineral resource metallurgical test work and studies and interpret the results.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director

Quelle:
http://tmx.quotemedia.com/...le.php?newsid=49795443&qm_symbol=WOF


Inverse  

748 Postings, 5701 Tage Flocke77news.....

 
  
    #507
28.03.12 14:47
http://www.marketwire.com/press-release/...sx-venture-wof-1637142.htm

Für 15 % mehr nehme ich die Verzögerung der Machbarkeitsstudie bis Mitte April gern in Kauf :-)  

161 Postings, 4805 Tage InverseNews

 
  
    #508
1
28.03.12 14:47
http://tmx.quotemedia.com/...le.php?newsid=49795443&qm_symbol=WOF

Woulfe Mining Metallurgical Recovery 15% Above Historical
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 28, 2012) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) is pleased to announce that metallurgical testwork has been completed for feasibility.

Brian Wesson (FAusIMM) CEO/President of Woulfe commented "It was not an easy decision for management to delay the feasibility study to seek out the best technology available as a base of metallurgical test work. What made this even more difficult for us is that our signed strategic agreements require the feasibility study for the completion of due diligence. This time and effort was well spent as we have now shown that recoveries of 85% can be achieved, some 15% higher than historical. This positively impacts the return on investment as higher concentrate grade reduces both capital and process costs. Truly a great achievement so now the feasibility is moving rapidly to completion, and will be released in mid-April 2012."

Metallurgical Testwork 85% recovery

Metallurgical testwork on the Sangdong scheelite ore has proved a highlight of finalising the inputs to the Sangdong Project Feasibility Study. Having established the optimum grind size, an all flotation circuit was trialled. The success of this and its lower capital cost compared with the more conventional gravity plus flotation circuit has resulted in its adoption as the project moves through feasibility to production.

The process first floats the molybdenum, bismuth and other sulphides into a sulphide concentrate using conventional sulphide flotation. The molybdenum and bismuth concentrate can either be sold or further processed to highly value added products. Having removed the sulphides, the scheelite is then initially floated giving it an upgrade ratio of up to 20 times at very high scheelite recovery. This concentrate is then thickened and heated as feed to a flotation circuit incorporating modifications to the well-known Petrov process. The small quantity of thickened and heated concentrate is floated using conventional, but intense flotation conditions. This has resulted in the production of concentrate grades of more than 70% WO3 at recoveries above 85%. The feasibility study has been modified to include these exciting results. New tonnage samples are now being mined from the advanced re-opening of the Sangdong mine to provide adequate feed to verify the feasibility study results by pilot plant testing.

Concentrates from the pilot plant will be used to define the design criteria for the planned ammonium paratungstate plant (APT plant) that under the IMC agreements will be funded by our off-take partner as part of the off-take agreement announced earlier this month.

This news release has been reviewed and approved in the form and context in which it appears by Mr Rod Elvish FAusIMM, who is working with Woulfe on the Sangdong metallurgical study. Mr. Elvish has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of mineral resource metallurgical test work and studies and interpret the results.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director  

161 Postings, 4805 Tage InverseNews

 
  
    #509
28.03.12 14:49

http://tmx.quotemedia.com/...le.php?newsid=49795443&qm_symbol=WOF Woulfe Mining

 Metallurgical Recovery 15% Above Historical VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 28, 2012) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) is pleased to announce that metallurgical testwork has been completed for feasibility. Brian Wesson (FAusIMM) CEO/President of Woulfe commented "It was not an easy decision for management to delay the feasibility study to seek out the best technology available as a base of metallurgical test work. What made this even more difficult for us is that our signed strategic agreements require the feasibility study for the completion of due diligence. This time and effort was well spent as we have now shown that recoveries of 85% can be achieved, some 15% higher than historical. This positively impacts the return on investment as higher concentrate grade reduces both capital and process costs. Truly a great achievement so now the feasibility is moving rapidly to completion, and will be released in mid-April 2012." Metallurgical Testwork 85% recovery Metallurgical testwork on the Sangdong scheelite ore has proved a highlight of finalising the inputs to the Sangdong Project Feasibility Study. Having established the optimum grind size, an all flotation circuit was trialled. The success of this and its lower capital cost compared with the more conventional gravity plus flotation circuit has resulted in its adoption as the project moves through feasibility to production. The process first floats the molybdenum, bismuth and other sulphides into a sulphide concentrate using conventional sulphide flotation. The molybdenum and bismuth concentrate can either be sold or further processed to highly value added products. Having removed the sulphides, the scheelite is then initially floated giving it an upgrade ratio of up to 20 times at very high scheelite recovery. This concentrate is then thickened and heated as feed to a flotation circuit incorporating modifications to the well-known Petrov process. The small quantity of thickened and heated concentrate is floated using conventional, but intense flotation conditions. This has resulted in the production of concentrate grades of more than 70% WO3 at recoveries above 85%. The feasibility study has been modified to include these exciting results. New tonnage samples are now being mined from the advanced re-opening of the Sangdong mine to provide adequate feed to verify the feasibility study results by pilot plant testing. Concentrates from the pilot plant will be used to define the design criteria for the planned ammonium paratungstate plant (APT plant) that under the IMC agreements will be funded by our off-take partner as part of the off-take agreement announced earlier this month. This news release has been reviewed and approved in the form and context in which it appears by Mr Rod Elvish FAusIMM, who is working with Woulfe on the Sangdong metallurgical study. Mr. Elvish has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of mineral resource metallurgical test work and studies and interpret the results. On Behalf of the Board of Directors Woulfe Mining Corp. Brian Wesson (FAusIMM), President, CEO and Director

 

161 Postings, 4805 Tage InverseSorry für die Doppelpostings

 
  
    #510
28.03.12 14:54
Inverse  

748 Postings, 5701 Tage Flocke77@Inverse

 
  
    #511
28.03.12 14:55
brrrrrrrrrr.......ganz ruhig Brauner :-)  

161 Postings, 4805 Tage Inverse@Flocke

 
  
    #512
28.03.12 15:09
bei meiner Stückzahl kann man schon mal nervös werden.

Da die Studie jetzt bisschen später kommt hat man ja Zeit nochmal ein paar zu kaufen.

Inverse  

748 Postings, 5701 Tage Flocke77nur zu (mit dem Kaufen)

 
  
    #513
28.03.12 15:20
....vielleicht steigt ja der Kurs ein bißschen mehr :-) Lass Dir aber nicht mehr soviel Zeit..... 2- max 3 Wochen können schnell vergehen.....

Trotzdem kein Grund nervös zu werden, auch nicht bei größeren Stückzahl :-) Für mich ist Woulfe derzeit ein sicheres Investment als eine Solar-Aktie.....  

161 Postings, 4805 Tage InverseBismuth

 
  
    #514
28.03.12 15:28
In der News wird ja Bismuth erwähnt.

Bei Moly könnten es so 10Mio Can $ sein aber Bismuth ?

Inverse  

161 Postings, 4805 Tage InverseSell on Good News

 
  
    #515
28.03.12 18:24
Scheinen einige Jungs ihre Position zu verkleinern,ist hauptsächlich GMP, was mich nicht wundert da die noch ne menge billige shares hatten.

Mal sehen wieviele ich mir noch gönne von Woulfe.

Inverse  

161 Postings, 4805 Tage InverseKauftag

 
  
    #516
30.03.12 15:01
heute gabs nochmal welche im Angebot zu 24 cent.War Kauftag für mich.

Inverse  

418 Postings, 6451 Tage philscha@Inverse...die gab es gestern auch schon ;-)

 
  
    #517
30.03.12 15:10
mal sehen was heute so passiert.  

161 Postings, 4805 Tage InverseNews

 
  
    #518
02.04.12 14:43
Woulfe Mining's Sangdong Project NI43-101 Update of Resources-Tungsten Grade Below Level 3 Increased by 47% and Molybdenum Grade by 34%
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 2, 2012) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) is pleased to announce that Tetra Tech Wardrop (Tetra Tech) have completed an update of the Mineral Resources for Woulfe's Sangdong Tungsten Molybdenum project in South Korea.

The NI43-101 report for the Sangdong Project resource was released today containing new information:

•Upper section (above level 3) indicated tungsten resource as reported increased by 195% (2.7 times excluding hanging wall ore body)
•Upper section (Above level 3) Inferred resource increased 2%.
Even with the significant increase in indicated resource above the valley floor the inferred in the same area increased by 2% which gave an overall increase in resources of 47% for the upper section.

•Lower area below level 3 was modelled giving the higher level of understanding of the mineralisation and the tungsten grade increased by 47% and molybdenum grade 34% which is understandable as we approach the historically drilled high grade molybdenum modelled by KORES below the skarn mineralisation.
Summary

Following completion of the phase 2 drilling and further historical data compilation at the Sangdong mine in South Korea, Tetra Tech has completed a further update of the Mineral Resources. The Resource for the skarn mineralised zones is summarised in Table 1. It is important to note that the Indicated Resource does not include the hanging wall zone, as further work is needed to fully appreciate the stability for mining after the main and footwall have been mined. The Resource given in Table 1 represents the whole of the known dip length, split broadly into two zones; that above the historical - level 2, and the resources from - level 2 down dip. Woulfe is continuing to drill and explore within the accessible working areas to refine the Resource.

In order to estimate the down-dip resource potential at the Sangdong Project, presented in Table 1, Tetra Tech has completed a separate estimation of the down-dip resource using all available samples, including those samples which cannot be included in the up dip 'Indicated' Resource. Due to some uncertainties of the historic data, the Resource has been classified as 'Inferred' but is included in order to reconcile the current and previous Tetra Tech estimates and to indicate future potential at Sangdong. Upgrading of the resource category may be realised by continued exploration drilling and by further collection of well documented samples as has been the case with the Phase 1 and Phase 2 drilling in the upper portions of the mine. This estimate is based on geological and mining data not previously available to Tetra Tech to better define the mineralisation geometry compared with previous estimates.

Table 1. Sangdong, Skarn Mineralisation Resource Estimate; Reporting Cut-off 0.15% WO 3 *  
Resource Category  Mineralised Zone  Tonnes  Density  WO 3
(%)  MoS 2
(%)  MTU  
'Indicated' F2 2,298,000 2.98 0.63 0.04 1,448,000
'Indicated' F3 2,604,000 2.96 0.56 0.05 1,458,000
'Indicated' HALO 5,576,000 2.91 0.27 0.03 1,505,000
'Indicated' MAIN 5,952,000 3.25 0.50 0.03 2,976,000
Total Indicated   16,431,000  3.04  0.45  0.04  7,387,000  
'Inferred' F2 2,680,000 2.91 0.50 0.03 1,340,000
'Inferred' F3 2,712,000 2.90 0.49 0.03 1,329,000
'Inferred' HALO 6,523,000 2.88 0.23 0.02 1,500,000
'Inferred' HW 7,191,000 2.96 0.58 0.08 4,171,000
'Inferred' MAIN 259,000 2.92 0.52 0.02 135,000
Total Inferred   19,368,000  2.92  0.44  0.05  8,475,000  
'Inferred' F2 4,097,000 2.85 0.60 0.07 2,458,000
'Inferred' F3 4,315,000 2.85 0.57 0.06 2,460,000
'Inferred' HALO 5,973,000 2.85 0.21 0.06 1,254,000
'Inferred' HW 15,924,000 2.84 0.69 0.11 10,988,000
'Inferred' MAIN 4,208,000 2.85 0.60 0.03 2,525,000
Total Inferred Down Dip   34,519,000  2.85  0.47 0.07 19,685,000  
Note: MoS2 is reported in terms of WO3 cut-off
Key  
MoS2=Molybdenum Disulphide
MTU=Metric Tonne Unit
WO3=Tungsten trioxide

Details

This Resource update (effective date January 24th, 2012) represents the update of the combination of the new compliant phase 2 drilling results and further compilation of detailed historical geological and mining data.

Work concentrated on developing more detailed models of the three skarn zones from both drill data and additional historical geological mapping. Importantly, additional intermediate alteration mineralisation was defined between the two thinner skarn zones, the F2 and F3 zones, that go to make up the footwall zone. Additional mining records were digitised and detailed models of historical mining depletion were created.

Each of the skarn zones is described below. In each figure blocks in green are of Indicated category, blue of Inferred category. Blocks shown in red are not classified for reasons described by zone.

Hangingwall Zone

To view Figure 1, visit the following link: http://media3.marketwire.com/docs/Woulfe_Figure1.pdf

Figure 1 (available at www.woulfemining.com) shows that the Hangingwall Zone above level 2 is unclassified in this update. This is a change from the interim resource update of July 2011. Geotechnical studies showed poor ground conditions in this upper area where this zone is close to the surface. In addition the phase 2 drilling encountered consistent problems in attempting to core this zone with little addition to the sample inventory. This reduction in confidence in this zone at this level in the mine led to non-classification. Tetra Tech note, however, that there is still good potential for this zone down dip, which will be reported in the near future.

Main Zone

The detailed study of historical mining areas largely concentrated on the Main Zone. Areas of mining depletion were modelled and Figure 2 (available at www.woulfemining.com) shows the effects of historical mining. The Main Zone is largely mined below the level 2 as shown by the blocks in red. A zone of Indicated mineralisation is defined on the Eastern periphery of the Main Zone. The down dip Resource potential is thought to be limited to pillars remaining in the lowest levels of the old mine.

Footwall Zones

The footwall zones were the main subject of the detailed study of historical geological mapping and distribution of the mineralisation. This resulted in a change of approach from that in the Interim Resource report. This estimate has divided the Footwall Zone into two separate skarn zones, the F2 and F3 zones, plus a zone of lower grade alteration material between these zones termed the Intermediate Zone. It is anticipated that in some areas it will be possible to mine the three units together and this will be determined in the current Feasibility Study work.

Figure 3 (available at www.woulfemining.com) shows the distribution of Indicated and Inferred blocks in the F2 Zone. The current modelling is consistent with historical down dip information for the Footwall Zone and the down dip potential of these zones is good and will be reported in the near future.

To view Figures 2 and 3, visit the following link: http://media3.marketwire.com/docs/woulfe-figure2and3.pdf

Future work

Woulfe is continuing to drill, explore and sample within the Upper Section of the old mine and plan to dewater down to level 4 the near future to allow these efforts to be expanded. Definition and refinement of the Sangdong models will continue as more underground drilling is completed. This data will increase the sample density increasing the area meeting the criteria for the 'Indicated' category.

This news release has been reviewed and approved in the form and context in which it appears by Mr Paul Gribble FIMMM, C.Eng, of Tetra Tech who is working with Woulfe on the Sangdong studies. Mr. Gribble has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of mineral resources and exploration results for the Sangdong deposit.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director


quelle:http://tmx.quotemedia.com/...le.php?newsid=49960060&qm_symbol=WOF

inverse  

161 Postings, 4805 Tage InverseGeduld ist angesagt

 
  
    #519
02.04.12 20:21
Trotz guter News , der Kurs läuft nicht nach oben. Da kann man schon verzweifeln und schaut am besten nicht jeden Tag nach dem rechten.

Bin mal gesapnnt wenn die BFS da ist ob was passiert.

Inverse  

161 Postings, 4805 Tage InverseIs Tungsten the next hot rock?

 
  
    #520
03.04.12 12:58

17616 Postings, 5524 Tage M.MinningerWoulfe Mining Corp. berichtet sehr gute Bohrergeb

 
  
    #521
04.04.12 17:24
IRW-PRESS: Woulfe Mining Corp.: Woulfe Mining Corp. berichtet sehr gute Bohrergebnisse auf Sangdong
IRW-PRESS: Woulfe Mining Corp.: Woulfe Mining Corp. berichtet sehr gute Bohrergebnisse auf Sangdong

Woulfe Mining Corp. berichtet sehr gute Bohrergebnisse auf Sangdong

Vancouver, BC, Kanada - 03. April 2012 - Woulfe Mining Corp. ("Woulfe" oder das Unternehmen) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) ist erfreut die erste Reihe der Untersuchungsergebnisse für das derzeitige Wolfram und Molybdän Bohrprogramm auf Sangdong in Süd Korea bekannt geben zu können. Die unterirdischen Bohrungen auf Sangdong dauern an und die Ergebnisse werden zunehmend für ein Update der Ressourcenschätzung genutzt.

Diese gebündelten Untersuchungsergebnisse umfassen 16 Löcher, von denen 14 auf dem Sangdong Level und zwei von Level 1 gebohrt wurden. Die meist 50 Meter langen Bohrlöcher zielten auf die Liegende Zone zwischen Level 1 und dem Taebaek Level ab. Zwei der Löcher testeten die Hauptzone gegen den östlichen Rand der Liegenschaft

......

http://www.finanznachrichten.de/...ohrergebnisse-auf-sangdong-016.htm  

161 Postings, 4805 Tage InverseGute News aber....

 
  
    #522
04.04.12 18:22
News sind fast alle gut aber der Kurs ist zum Ko......
Na ja haben ja noch ein bisschen Zeit bis zur Produktion und News stehen ja auch noch diesen Monat an.

Was man halt nicht einschätzen kann, was machen die Chinesen? Wird Wolfram weiterhin beschränkt oder wird der Export gelockert , zumindest gibt derzeit der Wolfram Preis etwas nach.

Inverse  

161 Postings, 4805 Tage InverseRot

 
  
    #523
09.04.12 22:06
nach den Kursen heut in Can wird das morgen aber ein schöner roter Tag in Deutschland.

inverse  

330 Postings, 6603 Tage W123Ist auch

 
  
    #524
09.04.12 22:23
nicht schlecht beste Gelegenheit nochmal nachzukaufen.

Gruß  

161 Postings, 4805 Tage InverseNeues aus Korea

 
  
    #525
1
10.04.12 09:32
Buffett’s cutting tool  company aims to double  production and make innovative products


DAEGU ― With the recent inauguration of its second plant, TaeguTec expects to churn out more innovative products and double its production, solidifying its position as a world-leading cutting tool manufacturer.

“This new plant opens a new avenue by increasing the supply to our customers with more innovative products,” TaeguTec president Moshe Sharon told The Korea Herald.

“If you judge just by quantity, this means we will double the cutting tools produced here in which we can deliver to the market, which is a lot.”

Formerly known as Korea Tungsten Corp., TaeguTec is the largest cutting tools manufacturer in the Far East and also Korea’s largest manufacturer of tungsten cutting tools and hard metal tools with the only integrated tungsten production plant in the world.

On April 2, TaeguTec inaugurated its Plant 2 with the attendance of Daegu Mayor Kim Bum-il, top executives from IMC Group, its holding company based in Israel, and other prominent figures.

The market started to take notice of TaeguTec after Berkshire Hathaway, chaired by Warren Buffett, purchased an 80 percent stake in IMC for $5 billion in May 2006. Through this acquisition, TaeguTec became the first and only Berkshire Hathaway company in Korea.

Last year, Buffet revisited TaeguTec group headquarters to attend the groundbreaking event for Plant 2, which he called “just the beginning.”

The “strong advantage” of the new factory, Sharon said, is that it is fully automated and computerized, bringing the customer a whole new world of service.

TaeguTec president Moshe Sharon (Yoav Cerralbo/The Korea Herald)

“Since this plant is fully computerized, the predictability of the delivery is very high, which means the customer doesn’t need to hold mixed stock because the goods will be delivered on time,” Sharon said.

The new facility also plans to offer the possibility for TaeguTec to develop next-generation products.

“This is a big step for us into the future,” said Sharon.

Considered the world’s oldest cutting tool manufacturer, TaeguTec accounts for more than 60 percent of domestic production.

It also operates 26 overseas subsidiaries and more than 130 distributors and 30 agents in 50 countries.

In its first stage, the new plant will hire 250 people with the possibility of increasing that number to 300 within two years.

“When we grow with production, we need to grow in all the support and supply chains attached to the production, from research and development to maintenance, from dining room to security, from export to purchasing,” he said. “When you grow you need to grow with everyone. It’s not only the addition of the new plant; you have to factor in the addition of manpower all over the company.”

Mayor Kim, who attended the April 2 event, told The Korea Herald that Plant 2 is a “symbol of a very successful foreign direct investment into Daegu.”

“They started from zero and now are one of the world’s best.”

But as the slogan says, the beginning is now for Daegu.

Previously short of land, the city, in the last 4-5 years has been preparing more land to be used for foreign companies.

“Now the land is available in mass,” said Kim. “Daegu Technopolis is now ready and offers (3.3 million square meters). Also, we are now starting a national science park which is about (8.6 million square meters) and will be available in 2-3 years.”

When the IMC Group first came to Daegu 11 years ago, there were worries that the Korea Tungsten Corp. would be split up or merged, leaving hundreds of people without jobs.

But for Sharon, an Israeli that made Daegu his home over a decade ago explained that this was never the case.

“When we buy a company, we let it live and grow and blossom by itself and that includes its products and production,” he said. “When we applied this approach, the company grew from year to year.”

By Yoav Cerralbo (yoav@heraldm.com)


Quelle:http://www.koreaherald.com/national/Detail.jsp?newsMLId=20120409000454

Inverse  

Seite: < 1 | ... | 18 | 19 | 20 |
| 22 | 23 | 24 | ... 28  >  
   Antwort einfügen - nach oben