TIMMINS – Timmins Mayor Steve Black said he is confident and optimistic that Timmins is still offering the best possible solution for Noront Resources Inc. in its bid to find a new ferrochrome processing facility. It was only Friday that Noront revealed that Timmins was one of two communities that made the new shortlist for consideration for a new facility.
Timmins had been one of four Northern Ontario cities in the running as a possible site for Noront’s future plans. Noront is the company with the largest area of active mining claims in the Ring of Fire area, which is touted to have $50-billion worth of chromite, nickel and other valuable minerals.
While the mining prospect is still a few years away from development, Noront has been actively seeking a Northern Ontario community where a ferrochrome facility could be located. Timmins, Thunder Bay, Sudbury and Sault Ste. Marie were all being considered. Continue Reading →