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KWG Resources Inc C.CACR

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

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

Bullboard Posts
Comment by oreelseon Feb 08, 2014 1:20pm
226 Views
Post# 22187583

RE:RE:Slurry pipe

RE:RE:Slurry pipelou64. Is the following a factor in your Pipeline Thinking re KWG ROF to Nakina, ON Chromite granulated Ore Fines (or Molten Ferro Chrome High Pressure Air produced Fines during FeCr Ladle Pours); including N ON Pipeline freezing avoidance? 13 Sep 2013 per Mining Journal: "Glencore Xstrata plc and junior partner Zanaga Iron Ore Company Ltd (ZIOC) said they would revise development plans for their 30Mt/y Zanaga iron-ore project in the Republic of Congo. The move would reduce initial capital costs by building the project in stages and leveraging existing infrastructure. Glencore Xstrata said in an announcement it would look to build Zanaga in two stages, with an initial 12Mt/y capacity. It said it would use existing rail and road infrastructure and transport ore from Zanaga via a 370km Pipeline to Pointe-Noire where it could be loaded from the towns’ port using an offshore trans-shipper. The revised development would see the initial cost reduced by about two thirds to between US$2.5 billion and US$3 billion, down from a previous estimate of US$7.4 billion. Glencore Xstrata said it would investigate a ramp-up to 30Mt/y by building a deep water port as well as a dedicated power station for the site. “The decision to proceed in a staged manner significantly enhances the financeability of the project,” Glencore Xstrata said. The company own a 50% plus one share in Zanaga, with the London-listed ZIOC owning the balance. Shares in ZIOC jumped as much as 26% to £0.35/share (US$0.55/share) in morning trade on the back of the news. Glencore Xstrata said ZIOC would contribute US$17million towards the work programme and it would fund the balance. The company said it would work to complete a feasibility study for the project by the end of the June quarter next year (2014), which would form the basis for the application of a mining licence. The companies have also agreed to jointly explore funding options with a view to attracting third party debt and equity financing for potential project implementation."
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