Fox is in negotiations with James Mangold to direct another Wolverine movie, following up his work on The Wolverine, according to Deadline.  At this point, Mangold is being hired to write a treatment as a first step, according to the report.  Hugh Jackman is expected to star.

The Wolverine didn’t do great in the States, but had big box office overseas and low production costs (see "'Wolverine' Overcomes Weak Debut at Home to Triumph Abroad"), which made it a profitable movie for 20th Century Fox.  Worldwide box office gross was over $400 million.