KWG Resources Inc C.CACR

Alternate Symbol(s): KWGBF | C.CACR.A

Metals & Mining Industrial Metals & Minerals

KWG Resources Inc. is a Canada-based exploration stage company. The Company is engaged in the discovery, delineation, and development of chromite deposits in the James Bay Lowlands of Northern Ontario. It is focused on two projects, which include Black Horse Project and Big Daddy Project. The Company’s Black Horse Project is located approximately 280 kilometers north of Nakina, Ontario, which contains the Black Horse chromite deposit, including over 1,024 hectares covered by four unpatented mining claims. The Big Daddy Project is located approximately 280 kilometers north of Nakina, Ontario, which contains the Big Daddy chromite deposit, including over 1,241 hectares covered by seven unpatented mining claims. The Company also owns a 30% interest in certain mining property claims contiguous to McFauld’s Lake in Ontario. Its subsidiaries include Canada Chrome Corporation, SMD Mining Corporation, Canada Chrome Mining Corporation, and Muketi Metallurgical General Partner Inc.

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KWG Resources Inc

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Post by waterboy2on Sep 02, 2011 6:00pm

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Post# 19008626

Global Steel Production

Q1 2011 = 365 Million Metric Tons
Q2 2011 = 385 Million Metric Tons
July 2011 = 127 Million Metric tons

Total for 7 months = 877 Million Metric Tons and on track for new record of 1.5 Billion Metric Tons

Demand for iron ore, coking coal and alloying elements such as Cr, Mo, Mn etc is going to continue to be strong.

GLTA

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Catch up with companies that got a Stanley Cup Playoffs boost