KWG Resources Inc.

Exploration stage company that is participating in the discovery, delineation and development of chromite deposits in the James Bay Lowlands of Northern Ontario. These deposits are globally significant source of chromite which may be refined into ferrochrome, a principal ingredient in the manufacture of stainless steel.

I wonder if Northern Ontario Business will ask Michael Gravelle to comment of the Fraser Survey and give an update on the Liberal ROF Infrastructure Development Corporation progress report?

It's been half a year since we heard Gravelle say his government would have "real discussions" and a "mature development corporation" rather than a board of public servants to make all decisions related to infrastructure — including what type of transportation systems are needed to move ore and people in and out of the area — and how to spend the $1 billion committed by the province for infrastructure.

Fraser Institute Annual Survey of Mining Companies: 2014 Page 39

  • New Mining Act amendments re: First Nations consultation. Striving for clarity has resulted in complete incomprehensibility, impractical regulation, and misinterpretation of rights on all sides.
  • Revision of the Mining Act to include near-veto powers against exploration of First Nation traditional land use areas contrary to treaty assurances.
  • Provincial regulations different from federal regulations. Government entities not addressing First Nations consultation issues.
  • Lack of transparency, extreme conflict over land use with First Nations groups, high costs of permitting, and new poorly organized regulations.
  • Poor decisions on infrastructure and lack of provincial First Nations agreements related to developments in the Ring of Fire.
  • Abandoning the mining industry and forcing it to deal directly with native groups, and providing support to native groups for negotiations, but not to junior mining companies.
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Laura Brown
City
Rank
President
Activity Points
4445
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Date Joined
07/23/2009
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KWG Resources Inc.
Symbol
KWG
Exchange
CSE
Shares
1,140,494,718 FD, Aug 20/16
Industry
Metals & Minerals
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