RECENT – NEWSWORTHY – CONNECTED
IN THE MEDIA
By: Ian Ross, NorthernOntarioBusiness.com
November 2, 2016
Northern Development and Mines Minister Michael Gravelle said “We’re always looking for investment in the Ring of Fire. Certainly in relation to that particular project, we’ve been seeking to see a business plan in terms of that project moving forward.”
KWG Resources and China Railway First Survey & Design Institute (FSDI) have signed a Framework Strategic Cooperation Agreement and FSDI is engaged to complete a Conditional Bankable Feasibility Study Consultation Service Agreement (“BFSCS”). The full BFSCS study is scheduled to be completed on the railway from the Ring of Fire to the CN rail line at Exton, Ontario before the end of 2016.
By: Chris Dawson, BayToday.ca
November 1, 2016
“The steel that the ministry may want to change to, it’s got more nickel and chromium in it, so it will last longer, you get a longer service life which reduces costs over the life of the bridge,” said Thomsen.”
READ HOW ITS CONNECTED TO KWG “The combinations of cheap natural gas and large quantities of high grade chromite in Northern Ontario have the potential to completely revolutionize the market for chrome units into stainless steel manufacture.”
Nishnawbe Aski Development (NADF) Events, October 20th, 2016, Days Inn, Timmins, Ontario
The 6th Annual Mining Summit delivers a fulfilling learning and networking experience for participants keen on obtaining new knowledge and connections in the field of mining. Building upon the theme “Preparing Aboriginal Communities For Mining Related Business Opportunities”, the event offers a unique opportunity for participants to strengthen their capacity to explore and develop meaningful partnerships with Aboriginal and non-Aboriginal communities and businesses on mining related business opportunities.
By: Martin Creamer, Creamer Media’s Mining Weekly
October 12, 2016
“Had the Lion operation not installed the Premus technology, it would have needed an additional 1,776 MWh to produce the same volume of ferrochrome. Instead, all four furnaces collectively use some 4,800 MWh/d.”
By: Tim Armstrong, theStar.com
Tues., Sept. 13, 2016
“Joining the China-sponsored Asia infrastructure investment bank allows Canada to join an unprecedented global development initiative. The prime minister’s decision to join the AIIB was a commendable first step.”
By: Brian Kelly, Sault Star
“Resource revenue sharing, not impact benefit agreements and employment, is how First Nations should be benefitting most for natural resource extraction”, said the former Serpent River chief.
The Globe and Mail
By: Bill Curry
KWG Resources Inc. own estimate on Friday from GreenForest Management Inc., a company with experience building logging roads, put the price at $83.6-million to $99.9-million to access the deposits and up to $73.1-million or $173-million more to connect area First Nations to the main road instead of $550-million.
Bruce Achneepineskum, chief of Marten Falls First Nation, which is south of the Ring of Fire but was not part of the [$785,000 federal and provincial government paid] study, said his community is working with investors on a separate study focused on a north-south road to the Ring of Fire that would also connect his fly-in First Nation to the south.
Mr. Achneepineskum said he believes the benefits of an all-weather road are clear, given that it costs about 52 cents a pound to transport goods into the community.
“Your wallet shrinks pretty fast,” he said. “The road would bring down the cost of living in remote communities. It would free up money to further construction, build more houses, people could buy more food and it would allow a little bit of freedom for those residents to come in and out of the community and mingle with the outside world.” – The Globe and Mail
Ontario News North
By: Karina L. Hunter – Editor/Publisher 4/19/2015
Marten Falls First Nation and Webequie First Nation today entered into a “Negotiation Protocol Respecting Early Exploration in the Ring of Fire”. The protocol strengthens the commitment of both First Nations to work together to advance their common interests in a coordinated manner while respecting their mutual and unique interests over their respective lands and approvals to use the lands.
“This will not only be good for us, but will also be good for the exploration companies to know the protocols for exploration on our mutual traditional lands”, stated Chief Cornelius Wabasse of Webequie First Nation.
By: Greg Klein 8/26/2016
“Clearly nothing is going to be built in that part of Canada without social licence,” – Frank Smeenk, KWG Resources Ltd. President. As for the region’s existing winter road, access “appears … increasingly unreliable as a consequence of warmer winter temperatures.”
KWG’s study estimated the cost of connecting its proposed north-south rail line with an existing road near Pickle Lake, about 305 kilometres west, between $83.6 million and $99.9 million. Trunk roads to four reserves would add another $36.1 million to $73.1 million. The four communities, [Eabametoong First Nation (Fort Hope); Neskantaga First Nation (Lansdowne House); Webequie First Nation and Marten Falls First Nation (Ogoki Post).] total roughly 2,500 people, according to numbers then available to the researchers.
(The study notes that additional trunk roads to connect Nibinamik, Kingfisher, and Wunnumin Lake are also feasible but required further research for construction budgeting purposes.)
Northern Ontario Business
By: Northern Ontario Business staff
Among the challenges identified in the Green Forest report was the difficulty of road construction over the northwestern Ontario terrain and in finding sources of road building material and aggregate the closer one gets to the James Bay lowlands. The consultants cautioned against using the existing winter road network “unless it is absolutely necessary or unavoidable” since these roads are located in low, wet areas.
“Aggregate sourcing and importation is expected to be one of the higher cost components,” said the report.
Green Forest recommends taking the more direct route to the Ring of Fire, maximum the use of high ground and nearby available road building material, and avoid swamp and muskeg as much as possible.
(Note as Addition: KWG Resources put before the Minister of Natural Resources the details of the railroad feasibility study to be undertaken to insure that surface tenure may be assured as an assumption in the study, that the consolidated aggregates may be mined from the claims to provide material for the railroad bed, and that the claimholder’s priority to consolidated aggregate is maintained.)
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