Woulfe Mining reviews costs, Sangdong project

May 20, 2013 | 02:01 PM | Daniel Fitzgerald

Tags  Woulfe Mining, Hubert Marleau, Brian Wesson, Amelia Wesson, Sangdong, financing, tungsten, molybdenum IMC International Metalworking

NEW YORK — Woulfe Mining Corp. is aiming to reduce costs after a companywide review revealed liquidity issues and the ability of the company and its subsidiaries to meet various payables beyond the next few months.

The Vancouver, British Columbia-based company initiated the review following the resignation of president and chief executive officer Brian Wesson and vice president of business administration Amelia Wesson in February (amm.com, Feb. 27). Hubert Marleau was subsequently appointed interim chief executive officer (amm.com, March 13).....

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