When Noront Resources ferrochrome facility becomes a reality in Sault Ste. Marie, employees will be averaging about double the average Canadian wage. The average wage for a Noront Resource employee will be about $108,000, about double Canada’s average wage of $52,000.
That comes from Stephen Flewelling, Noront’s chief development officer, at last week’s Chamber of Commerce luncheon themed Sault Ste. Marie Resource City, Resource Champion. Flewelling praised ‘Made in Canada’ opportunities and especially those that the Ring of Fire presents.
With almost 200 metric tons of chrome valued at $150 billion discovered, the true full value of the extensive mining operation has yet to be determined, he told the crowd. But none of it will start without the development of a road to the site, he said. Continue Reading →