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KWG Resources Inc C.CACR

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

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.


CSE:CACR - Post by User

KWG Resources Inc
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Comment by jamesbayon Jun 08, 2016 9:28am
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Post# 24945484

RE:China not happy with Canadian mining companies

RE:China not happy with Canadian mining companies
 

Many have failed as commodity prices decline and companies run up against "harsh climate, poor infrastructure, scarce workforce, foreign temporary worker limitations and regulatory requirements," as cited in a related document from Natural Resources Canada.

Wang also cited Canada's immigration policies as a barrier, because they "make it impossible for Chinese investors to bring Chinese labour to Canada to work on mine construction, resulting in a timeframe of 8-10 years to project start, vs. 1-2 years if Chinese labour was allowed," Saint-Jacques noted.

The Chinese are tough people, they want it their way.....they aren't going to build a RR harassed by the locals and 1000s of government regulations.....the very reason that Cliffs went home.....

   
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