Cliffs moves Canadian chromite project to feasibility stage

US diversified miner Cliffs Natural Resources on Wednesday said its board decided to proceed with a feasibility study for a $3.3-billion chromite mine in northern Ontario, adding it selected Sudbury to host a planned ferrochrome smelter. The...

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. The company also said it planned to do an internal study...

Oliver pushes for Ring of Fire development

Canada's Natural Resources Minister Joe Oliver on Tuesday continued his crusade to cut down on environmental approval timelines for major projects, to encourage the potential C$92-billion in mining investment the government sees over the next ten...

Eagle’s Nest nickel/copper/platinum-group element project, Canada

Noront Resources has published the results of a prefeasibility study on its Eagle’s Nest project.

Noront recruits former Jansen project director

TSX V-listed Noront Resources has appointed BHP Billiton’s former Jansen potash project director Ted Basset to its board, along with China’s Baosteel Resources finance VP Lin Li, it said on Wednesday. The Ring of Fire-focused firm said Basset...

Prefeasibilty study predicts 3 year payback for Ring of Fire project

TSX V-quoted Noront Resources on Tuesday published the results of a prefeasibility study into its Eagles Nest nickel-copper-platinum project in Ontario’s Ring of Fire, outlining a $734-million capital investment for a one-million ton a year...

Noront, Baosteel ink binding term sheet

Canadian junior Noront Resources has signed a binding term sheet with Chinese steel giant Baosteel for the strategic investment transaction announced earlier this month by the two companies. Noront's main asset is the Eagle's Nest...

Noront hikes resource at Ontario project

Canadian explorer Noront Resources has announced an increase in the mineral resource estimate for the Eagle's Nest deposit, at its McFaulds Lake property, in the James Bay lowlands of Ontario. Shares in the company jumped 11% on Friday morning,...

Noront’s poor performance presents buying opportunity - analyst

TSX-V-listed Noront Resources, which has projects in Canada’s Ring of Fire region, has seen its share price plummet by 50% over the past year, in an environment of higher commodity prices and bigger risk appetites from investors, leading an...

Probe Mines has first resource estimate at McFauld's Lake chrome project

TSX Venture Exchange-listed Probe Mines has completed an initial mineral resource estimate for its Black Creek chromite deposit, in the McFauld's Lake area of northern Ontario. At a cut off grade of 30%, the prospect contains measured and...

Best still to come for Ring of Fire discoveries – Noront

Canada's bustling Ring of Fire mining camp is still in its infancy, and the big discoveries there are yet to be unearthed, the CEO of Toronto-based Noront Resources said on Thursday. “It's still a very early stage exploration camp and the major...

KWG defends Spider merger plan

A proposed merger between KWG Resources and Spider Resources is the “logical next step”, the former said in a statement on Monday. The junior company was responding to a statement from US coal- and iron-ore producer Cliffs Resources, which...