Monday, June 11, 2012

Iron Ore Project gets a boost

A $900 million mining development is in the works for Northwestern Ontario.

The construction of the iron mine in the Wabigoon area is expected to begin in 2015, where close to 1,000 workers will be hired to construct the mine site.
President and CEO of Bending Lake Iron Ore Group Henry Wetalainen seems confident about it and
says they have a Chinese company interested in becoming a major investor in the project.

Bending Lake hopes to have the mine in full production in 2017.