CHROMITE Mining News

Uganda to join transparency program as it seeks mining investors

The East African nation seeks to reassure potential investors that it isn’t involved in “conflict minerals.”

Noront Resources seeks exploration partner

Noront CEO said the move is necessary as the company continues to lead exploration in Ontario’s massive Ring of Fire.

Taliban, Islamic State make millions from mining Afghan minerals

The international NGO in a report on Tuesday estimates the Taliban earns $2.5 million to $10 million a year from mining talc alone.

Philippines plans new law to ensure responsible mining

Philippine President Rodrigo Duterte said on Friday the country's mining industry pays too little in tax and not enough in compensation for any environmental damage.

Chinese-funded study considers rail link for Ring of Fire

The study ballparked at $10 million is expected to take less than a year, and could revive interest in the much-maligned chromite deposit.

Mining makes its debut in Canadian election

Prime Minister Stephen Harper said if re-elected, the Conservatives will extend the mineral exploration tax credit and add another, higher tax credit for projects in remote areas.

Cliffs US sales beat estimates, turns a profit in Q1

But the miner revised down its 2015 U.S. iron ore sales and production volume estimate to 20.5 million tons, from its previous guidance for 22 million tons

Cliffs sells Ontario’s Ring of Fire claims to Noront for $20 million

The U.S. miner said the sale is part of a strategy to divest non-core assets and focus on supplying iron ore pellets to the North American steel industry.

Canada’s Ontario to invest up to $1bn in Ring of Fire

The province is asking the Federal government to match the funds.

Ontario hires Deloitte to push forward Ring of Fire development

Despite the fact that a major stakeholder has iced the project.

Cliffs appeals Ring of Fire road decision

In a Sept. 10 ruling the miner was told it cannot build a road to its US$3.3-billion chromite project through a Canadian junior's mining claims.

Ring of Fire ambitions on hold for Cliffs Natural Resources

Cliffs Natural Resources suspends its chromite project while it negotiates with government.

Canada's federal government urges collaboration in Ring of Fire

Along with copper and nickel resources, the Ontario region holds the single largest deposit of chromite on the continent.

Philippine miners duck taxes by selling gold on the black market

Philippine gold production dropped by over half, but the reduction may have more to do with tax policy than actual output.

The challenge of developing Ontario's Ring of Fire mines

A $3.3 billion plan to build North America's first major chromite mine deep in the Canadian wilderness promises to usher in an era of prosperity for the region's aboriginals and generate millions of tax dollars over its lifetime.

Discord over NW Ont. mine was avoidable, lawyer says

An American company planning to invest $3.3 billion on a Northern Ontario mine and processing plant has waded into the latest front in a countrywide battle over environmental issues and aboriginal rights, a mining consultant says.

Noront triples chromite resource in Ring of Fire

Toronto-based Noront Resources said on Tuesday it increased the size of the measured and indicated chromite resources at the Blackbird project in northern Ontario 130% to 20.5-million tons.

MDM awarded EPC contract for Tharisa chromite/platinum expansion

MDM Engineering Group has signed the contract for the Engineering, Procurement & Construction (EPC) of Tharisa Minerals’ chromite and platinum expansion project in South Africa, near Marikana.

U.S. mining giant looks to Asia to process Ring of Fire chromite

Cliffs Natural Resources, an Ohio-based mining giant, is preparing to extract what is estimated to be one of the world’s largest chromite discoveries in an ecologically sensitive part of northern Ontario, about 500 kilometres northeast […]

Montreal Gazette: Ontario mine workers walk off job

The Montreal Gazette reports: About two dozen non-unionized workers have walked off the job in a remote mining camp in northern Ontario — in an area known as the Ring of Fire — in protest of what they call unsafe conditions and unsatisfactory compensation. The workers put out a statement late Sunday saying they had stopped working over the weekend.

KWG Resources announces metallurgical and drill results at Big Daddy

KWG Resources Inc. has received the final report from Xstrata Process Support on its Big Daddy chromite metallurgical testing. Also, the company released drill results from the drilling done last winter program. The report confirms […]

Noront inks $17.4m deal with Baosteel in Ontario Ring of Fire

Noront Resources has completed a brokered placement worth $17.4 million, the Toronto-listed junior explorer announced yesterday. The deal will give Baosteel the right to increase its stake in Noront to 19.9%. It will also give Baosteel, a large steel producer owned by the Chinese government, a seat on Noront's board of directors. Proceeds from the placement will be used for feasibility studies on Noront's Eagle's Nest nickle-copper-palladium property and the Blackbird chromite deposit in the Ring of Fire poly-metallic mining district in northern Ontario, Canada.

Big Daddy chromite project advancing to feasibility

A preliminary economic assessment (PEA) of the Big Daddy chromite deposit in northern Ontario is recommending that the project advance to the feasibility stage. The PEA was commissioned by Montreal-based KWG Resources, which owns a 28% interest and a 1% net smelter royalty (NSR) in the deposit, located in the remote James Bay lowlands of northern Ontario. The company also has NSRs on the adjacent Black Thor and Black Label chromite deposits, and has the option to increase its interest in Big Daddy to 30%.

Philippines hoping for a Colombia-like repeat in its mining sector

There are more than a few explorations companies drilling holes in the Philippines these days, all with the quiet hope that the country soon finds favour with serious resource investors in the much the same way that Ventana Gold and others became overnight rock stars, if you will, with their projects in Colombia.