Tuesday, November 27, 2012

Noront Committed to Ring of Fire Project

Noront Resources remains confident production of its Ring of Fire mining project in northern Ontario will begin on time.

President Wes Hanson says even though Cliffs Natural Resources has delayed the start up date for its own mining project by a year, Noront still has its sights set on starting production in 2016 or 2017.

While not mentioning a possible financial partner, Hanson said they're optimistic they can put together a package which will meet their start up target