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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

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Post by pickdawinneron Mar 09, 2014 5:14pm
190 Views
Post# 22300325

residential schools...come on really

residential schools...come on really
­

https://www.rcinet.ca/en/2014/03/07/ring-of-fire-and-first-nations-negotiations/

Map of the region in north-western Ontario that's at the heart of the mining revival
Photo Credit: cbc

Ring of Fire and First Nations negotiations

The Prospectors and Devlopers Association of Canada just wrapped up their annual convention this week in Toronto, and the so-called Ring of Fire in north-western Ontario was a major topic of discussion.

The area got its name from the estimated $50 billion in mineral deposits it holds. There’s great promise for the people of Ontario, but only if the First Nations living in the area are part of the development and share in the profits.

Along with the diamonds and gold significant deposits of chromium have been discovered. There is also more nickel to be mined and the possibility of rare earth minerals.

Bob Rae, a former premier of the province and former interim leader of the federal Liberal party, left politics to work on behalf of the nine Matawa First Nation communities in the region. He says that for over a century mining in northern Ontario left the First Nations people out of the equation. Now, like indegeous peoples around the world, a renewed sense of entitlement via treaties that confer their rights, development and construction of the mines must be approached in a different way.

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From discovery to development

But there is no connecting infrastructure and whether a road or a railway is best is still being debated, and should it run north-south or east-west? Bob Rae says environmental assessments are the next step and framework agreements are now under discussion.

First Nations must be direct beneficiaries of any mining that takes place

It is challenging work. The 1876 Indian Act, which imposed the election of chiefs and band councils on First Nations ignoring their traditional decision-making processes, also empowered the Canadian government to overrule any decision by chief and council and gave civil servants power over most aspects of reserve life, including land, resources, wills and education.

The legacy of the Residential School system that took children as young as four and five from their homes, often for years, left many surviving experiences of horrific abuse at the schools. The Canadian government has formally apologized, and a reconciliation commission is travelling the country but the mistrust is deep.

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The province of Ontario, however, is eager to come to equitable agreements as the royalties and jobs the Ring of Fire could produce are essential for the province’s economic recovery and growth.

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