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...

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 agrees to sell stake to Baosteel, shares rise

Shares in junior Noronto Resources jumped 8% on Monday, after saying that a top Chinese steel group will buy a 9,9% stake in the company, and could boost its holding to almost 20%. A subsidiary of the Baosteel Group will buy shares and warrants...

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...

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...

Noront out of the running for Freewest

TSX-listed Noront Resources has bowed out of the battle for explorer Freewest Resources Canada, after just 4,5% of the other company's shares were tendered into its hostile offer before it expired on Friday. Noront confirmed that it did not...

Freewest unmoved by 'opportunistic' Noront offer

Toronto-based Noront Resources announced on Monday it plans to make an all-share offer for rival Freewest Resources Canada worth about C$90-million, in a move to increase its presence in the 'Ring of Fire' exploration district in the James Bay...