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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. It is focused on acquisition of interests in, and the exploration, evaluation and development of deposits of minerals including chromite, base metals and strategic minerals. It is the owner of 100% of the Black Horse chromite project. It also holds other area interests, including a 100% interest in the Hornby claims, a 15% vested interest in the McFaulds copper/zinc project and a vested 30% interest in the Big Daddy chromite project. It has also acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. It also owns 100% of Canada Chrome Corporation, a business of KWG Resources Inc., (the Subsidiary), which staked mining claims between Aroland, Ontario (near Nakina) and the Ring of Fire. The Subsidiary has identified deposits of aggregate along the route and made an application for approximately 32 aggregate extraction permits.


CSE:CACR - Post by User

KWG Resources Inc
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Comment by oreelseon Jan 01, 2013 3:25am
171 Views
Post# 20786231

RE: RE: RE: China makes plans to mine Arctic

RE: RE: RE: China makes plans to mine Arctic

Re ArcelorMittal Mines Canada Inc.: "China Steel Corp will invest $540 million & Posco $270 million for some 15% of Mittal's Canadian Fe Ore." (Per By Shinhye Kang & Eunkyung Seo - Jan 1, 2013 12:33 AM ET ")

 

China & Posco are no doubt motivated by their need for ROF Chromites & Nickel Ores and in the process making sure the ROF NS RR is fast-tracked.

 

 

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