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 Sep 22, 2016 5:00pm

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Post# 25267632

RE:China’s Baosteel takes over Wuhan to create world’s No.2 ste

fahrenheit911 - (9/22/2016 4:13:04 PM).
The move is also part of Beijing’s efforts to streamline its inefficient state-owned enterprises in industries from shipbuilding to materials and railways.

The creation of (new) Baowu Steel will cut to 103 the number of companies run directly by the Central China Government, down from 111 at the start of the year, and the figure could eventually reach 40, state media have reported.

Amid concerns about plunging profits, soaring debt and chronic inefficiency, China’s reform programme aims to eliminate duplication, waste and “cutthroat competition” between firms with nearly identical business structures.

KWG & Canadian Partners 'Custom Treatment' all ROF Chromite, etc into Ferrochrome, etc South of the ROF should now be 100% supported & Fast-Track built by the Canadian National RR.

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