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.

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KWG Resources Inc

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Comment by oreelseon Feb 02, 2015 10:11am

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Post# 23387780

RE:RE:Glencore S Africa Chromite Credentials

https://www.iol.co.za/business/news/merafe-has-achieved-84-of-operating-capacity-utilisation-1.1811905#.VM-Slc90yDU ----------------------------------------------------------------------------------------------------------------------------February 2 2015 at 08:00am By Nompumelelo Magwaza Comment on this story Nompumelelo Magwaza MERAFE Resources’ full-year ferrochrome production volumes for 2014 were 5 percent higher than the previous year. In 2014, Merafe increased ferrochrome output to 334 000 tons from 319 000 tons in 2013. The company achieved 84 percent of operating capacity utilisation, the mining company said in its fourth quarter update on Friday. Merafe’s ferrochrome production for the fourth quarter from the Glencore Merafe chrome venture was 3 percent higher that the 2013 corresponding period, with production levels averaging 88 percent of operating capacity utilisation.

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