Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

Home Videos Research Press Release Q&A Discussion

Threads Posts

Re: Energy > chromite assumption.

Noront Resources

over 9 years ago

in response to mynot's message

"Noront Resources Inc., which recently purchased Cliffs Natural Resources' assets in the Ring of Fire. Cliffs had planned to build a ferrochrome processing plant near Capreol to mine chromite from the Ring."
Further on...
"If and when a ferrochrome smelter is created in Capreol,"

This Carol Mulligan seems to make an assumption that Noront buying Cliffs's assets is likely to take on it's plans. That is a wrong presumption to make at this point in time.
I think Noront will not make that decision before the nickel mine is at least partly built.
Jmho.