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#RingOfFire (#RoF) News – February 6, 2018 by ringoffirenews

·         Smelter Proposals from Sault Ste. Marie, Sudbury, Thunder Bay & Fort William First Nation and Timmins are in – some media highlights …
·         ”Update on Ferrochrome Production Site and Exploration Activity” (company news release) - PDF of release if previous link doesn’t work
·         "Who will it be? Ferrochrome smelter decision expected in the spring"
·         "The ferrochrome plant bids are in -- Noront Resources hires Hatch to help decide which city will host Ring of Fire chromite smelter ..." (Northern Ontario Business)
·         "Thunder Bay, three other cities meet deadline for smelter bid" (TBNewsWatch.com)
·         "Ferrochrome plant decision in 3-4 months: Noront" (Sudbury Star)
·         "Northern Ontario cities make final bids to host Ring of Fire smelter" (cbc.ca)
·         " Who has the successful pitch? Northern Ontario cities bid on ferrochrome smelter" (kaplanherald.com)
·         … and tidbits about the individual bids (as well as those who didn’t bid)
·         "North Bay backs Timmins' bid for Noront plant" (Timmins Press)
·         "North Bay quits before trying" (North Bay Nugget)
·         "Backing Timmins best for ONTC, North Bay" (North Bay Nugget)
·         "Rail union supports Timmins smelter bid" (North Bay Nugget)
·         "Timmins team making final pitch to Noront" (Timmins Press)
·         "Sudbury delegation impressed by Finnish ferrochrome smelter" (Northern Ontario Business)
·         "Coniston pushed as ‘optimal site’ in city’s bid to host ferrochrome smelter -- Greater Sudbury partners with Wahnapitae FN and Atikameksheng Anishnawbek to deliver bid to Noront Resources ..." (Sudbury.com)
·         "Our mayor's artful tactic for getting the inside track on a ferrochrome smelter -- (Soo) Mayor Provenzano noticed that Noront hadn't specified how bids were to be submitted. In that, he saw an opportunity. But it was important to keep it under wraps ..." (SooToday.com)
·         "Sudbury Accent: No 'weakness' in city's bid" (Sudbury Star)
·         "Council backs bid to land Ring of Fire smelter -- Unanimous support to encourage Noront Resources to select joint bid from Thunder Bay and Fort William First Nation ..." (TBNewsWatch.com)
·         "Public information sessions for possible Noront facility in Thunder Bay" (Anishinabek News)
·         Letter: "Ferrochrome plant just the boost we need" (chroniclejournal.com, Thunder Bay)
·         "Sault ferrochrome team presents submission to Noront Resources -- The project team working on a submission to have Sault Ste. Marie considered as a host location for a ferrochrome production facility (FPF) presented an information package to Noront Resources (2 Feb 2018) ..." (municipal news release, via SooToday.com)
·         "Mayor pleased with Noront presentation" (Sault Star)
·         "Opinion: The Heat Is On For The Ring Of Fire ... As bids are to be submitted and presented no later than February 2, I would anticipate that we shall know by late spring or early summer if Sault Ste. Marie will not only be home of the 2018 Memorial Cup Champions, but also the Noront Memorial Gardens." (SaultOnline.com)
·         Meanwhile … " Noront Resources president to speak in Sudbury (today)" (cbc.ca)
·         Point: "Province won't rush Ring of Fire: adviser -- One of the key people involved in planning for the Ring of Fire mining development said the Ontario Government is working to make sure that project doesn’t make the same mistakes that occurred when the De Beers Victor mine was developed. The comments came rom Ariane Heisey, one of the keynote speakers at the Mushkegowuk Council Climate Summit that was on in Timmins ..." (Sudbury Star) - Ariane Heisey (ON govt employee directory)
·         Counterpoint: DeBeers Canada: "Victor Mine not ‘rushed’ to development 21 years after being discovered" (North Bay Nugget)
·         In other Sudbury developments … "Thyssen Mining sets up shop in Sudbury -- Global mining giant optimistic about development in Ring of Fire ..." (Northern Ontario Business)
·         Railway Keen on Ring o’ Fire "Ontario Northland excited about potential of Ring of Fire -- Corina Moore knows it’s not happening now, but the Ontario Northland CEO is excited about the potential the Ring of Fire has for the Crown corporation. “It would be the 50 years (of) sustainability for Ontario Northland,” said Moore during a luncheon at the Canadian Club meeting in North Bay on Jan. 24 ..." )Northern Ontario Business)
·         Company news … "Convertible Debt Interest Payment -- Noront Resources Ltd. (“Noront” or the “Company”) (TSX-V:NOT) announces that as part of its US$15 million convertible debt facility with Resource Capital Fund V, that it intends to issue 1,214,981 common shares in settlement of $377,130 in interest for the fourth quarter ended December 31, 2017 ..." (Noront news release)
·         … and analysts keeping an eye on the companies
·         "Is Noront Resources Ltd’s (CVE:NOT) CEO Paid At A Competitive Rate? " (6 Feb 2018)
·         "Stock Chatter: Noront Resources Ltd. (TSXV:NOT) Quant & Returns in Focus" (6 Feb 2018)
·         "KWG Resources Inc. (KWG) Is Yet to See Trading Action on Feb 5"
·         "Quant Signals Under Scrutiny For Noront Resources Ltd. (TSXV:NOT)" (5 Feb 2018)
·         "What You Must Know About Noront Resources Ltd’s (CVE:NOT) Risks" (30 Jan 2018)
·         "Noront Resources Ltd. (NOT) Declines -1.25% on Jan 28"
·         Don’t forget the provincial general election coming in June! "Promises, promises ... Everyone, for example, will promise to support the Ring of Fire – so get specifics. How will they do this? What infrastructure investment are they proposing? Will they use government subsidies and, if so, directed at whom? Will they invest in training and skills development? How much, to whom and by when? What makes their plan different than the competition? What evidence do they have that what they propose actually works? Has anyone tried it before elsewhere? ..." (Northern Ontario Business)
·         Point: Ross Romano Sault Ste. Marie MPP Ontario PC critic for Northern jobs and the Ring of Fire: "Liberals dragging feet on Ring of Fire" (North Bay Nugget)
·         Counterpoint: "Liberals not dragging their feet - Gravelle -- Our Liberal government has the only detailed plan to involve local partners and properly consult local First Nations communities to ensure they have the opportunity to assist in the shaping of development in the Ring of Fire ..." (North Bay Nugget)
·         On the “How To Consult” Front … " First Nation wants gold exploration permit quashed in case that could have impact on Ring of Fire" (cbc.ca)