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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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Comment by oreelseon Jul 10, 2018 12:49pm
82 Views
Post# 28293896

RE:RE:Mister Ford has spoken about the Ring of Fire last March:

RE:RE:Mister Ford has spoken about the Ring of Fire last March:
Worth Reading re maybe ROF Chromites getting shipped to Timmins, etc; via South Hudson Bay East to James Bay South & onto the Ontario Northland RR, etc.Fednavs newbuild icebreaking bulker will be similar to the powerful, four year-old 'Nunavik'Fednav’s newbuild icebreaking bulker will be similar to the powerful, four year-old 'Nunavik'


https://www.motorship.com/news101/ships-and-shipyards/icebreaking-bulker-for-canadian-arctic-mine.
Montreal-based Fednav has ordered a new icebreaking bulk carrier in Japan to sustain the year-round transportation requirements of Glencore’s Raglan nickel mine in northern Quebec, writes David Tinsley.

The 31,000dwt vessel has been contracted through trading house Sumitomo Corporation and will be built by Japan Marine United Corporation (JMU) at the Yokohama shipyard. The template for the project will be provided by Fednav’s 31,750dwt Nunavik, claimed to be the world’s most powerful icebreaking bulker when commissioned in 2014 from JMU’s Tsu yard. Nunavik is in turn similar in design to the company’s 32,000dwt Umiak 1, delivered in 2006 by JMU predecessor Universal Shipbuilding. Both existing vessels support northern mining operations.

The newbuild will be of Polar Class 4 standard and, as with Umiak 1 and Nunavik, will offer a broader cargo carrying capability than that of a pure bulker. While ensuring a southbound flow of high quality nickel concentrates, she will also be used to transport a variety of supplies to the mining complex on northbound voyages, including equipment, machinery and dry and liquid consumables.

The project is the outcome of a 20-year partnership agreement with Glencore embracing the construction and operation of a newbuild to supersede the 28,400dwt Arctic, which has serviced the Raglan shipping contract for decades.

Fednav’s pioneering, icebreaking multipurpose bulker Arctic was brought into service during 1978 from the Port Weller yard in Ontario. Over the past 40 years, she has played a vital logistic role for the Canadian base metals extractive industry in the far north. Arctic has recently undergone mandatory 40th year drydocking at Les Mechins, Quebec, for inspection, repair and maintenance to enable another two years of service until the replacement vessel is commissioned in October 2020.

The Deception Bay port facilities serving the Raglan mining activities are located at the eastern end of the Hudson Strait, near Salluit, on the vast Ungava Peninsula in Northern Quebec’s Nunavik territory. Year-round navigation means contending with rugged Arctic conditions, including hard-packed sheer ice and icebergs.

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