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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

Post by Jonot21on Apr 16, 2022 12:08am
308 Views
Post# 34607219

Mining boss to speak

Mining boss to speak

Sudbury briefs:Mining boss to speak; Sudbury broker recognized; Oil dependency | Sudbury Star

 

https://thesudburystar.com/news/local-news/sudbury-briefs-mining-boss-to-speak-sudbury-broker-recognized-oil-dependency

 

Sudbury briefs: Mining boss to speak; Sudbury broker recognized; Oil dependency

Author of the article:

Star Staff

Publishing date:

Apr 12, 2022  •  3 days ago  •  2 minute read  •  Join the conversation

Alan Coutts, Noront Resources CEO. Postmedia File Photo SunMedia

Article content

Noront boss to speak

 

The next Greater Sudbury Chamber of Commerce President’s Series address will feature Alan Coutts, president and chief executive officer of Noront Resources Limited.

 

The address will be given virtually noon-1 p.m. on May 3.

Coutts is expected to provide an update on the Wyloo transaction, as well as the Ring of Fire project.

The cost to take in the address is $25 for chamber members and $50 for non-members.

For more information or to register, call Caleigh Yaworsky at 705-673-7133, ext. 224.

A Greater Sudbury real estate broker has been acclaimed to serve another year as provincial director for Northern Ontario realtors with the Ontario Real Estate Association.

Marissa Arnold will continue in the second year of her two-year term, following acclamation at the association’s annual conference last month.

Arnold, who is on the OREA board of directors, represents realtors involved with the North Bay, Sault Ste. Marie, Greater Sudbury, Thunder Bay, Timmins, Cochrane and Timiskaming real estate boards.

“As a returning director at OREA, I again look forward to working with realtors across the province, from Sudbury to Toronto and beyond, to help Ontario families find great places to live, work, and thrive,” Arnold said in a release. “We will continue to advocate and fight to bring affordability home and help future generations of homeowners make their dream a reality.”

Active in the real estate profession for nine years, Arnold is a broker and manager for Re/Max Crown Realty in Greater Sudbury. She has been a member of the Sudbury Real Estate Board since 2013, where she served as director in 2020.

West needs to wean itself off oil: Greens

The Sudbury Greens are arguing the conflict in Ukraine would not have reached such a peak had Western countries been less reliant on fossil fuels.

“U.S. President Biden is standing by as Russia invades Ukraine because he is afraid to boycott Russian oil,” David Robinson, local economist and Green Party candidate, said in a release. “Why? Because it will raise gas prices in the USA.”

Robinson noted German Chancellor Olaf Scholz is also standing by because he is afraid to boycott Russian gas.

“Why? Because it will raise German energy prices,” he said. “Two of the most powerful countries in the world are standing around helpless because they are run by the fossil-fuel industries. There is a lesson here.”

If Germany and the U.S. had weaned themselves off oil and gas, “they could have saved Ukraine the agonies they are going through,” argued Robinson. “This invasion would not have happened.”

Ontario could also become “far more self-sufficient, secure and prosperous” were it to reduce its fossil-fuel use, said Robinson. “Instead of spending another $750 billon buying oil and gas, Ontario can produce its own power and keep the money at home.”

Premier Doug Ford, however, “wants to feed the fossil-fuel industry to deal with our vulnerability,” contended Robinson. “What the Russian invasion teaches us is that we need to kick the fossil fuel habit.”

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