QUEBEC MINERAL EXPLORATION ASSOCIATION (AEMQ) | The government of Quebec marks dark chapter in mining industry

Will $$$ now flow to Ontario????
QUEBEC MINERAL EXPLORATION ASSOCIATION (AEMQ) The government of Quebec marks dark chapter in mining industry

Noront Resources Announces $3 Million Private Placement of Flow-Through Shares

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, Nov. 29, 2011 /CNW/ - Noront Resources Ltd. (TSX-V:NOT) (the "Company" or "Noront") is pleased to announce that it has entered into an agreement with Dundee Securities Ltd., on behalf of a syndicate including Raymond James Ltd. (the "Agents") under which the Agents have agreed to offer for sale, on a best efforts private placement basis, flow-through common shares (the "Flow-Through Shares") at a price of $0.86 per Flow-Through Share for gross proceeds of approximately $3,000,000 (the "Offering").
In addition, Noront has granted the Agents an over-allotment option (the "Option") to sell up to an additional $1,000,000 of the Flow-Through Shares sold pursuant to the Offering, at $0.86 per Flow-Through Share, exercisable at any time prior to 48 hours before the Closing Date of the Offering.
In connection with the Offering, the Agents will receive a cash commission equal to 5.0% of the gross proceeds raised under the Offering (inclusive of the Option). The Closing Date of the Offering is scheduled on or about December 20, 2011. All securities issued will be subject to a four month hold period. The Offering is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals.
The gross proceeds from the sale of the Flow-Through Shares will be used for Canadian Exploration Expenses ("CEE"), with the Company to use best efforts to qualify such CEE as "flow-through mining expenditures", to fund ongoing exploration activities on the Company's McFauld's Lake project. Such CEE will be renounced in favour of the subscribers of the Flow-Through Shares effective on or before December 31, 2011.
About Noront:
Noront Resources Ltd. is focused on developing the high-grade Eagle's Nest nickel-copper-platinum-palladium deposit, the exploration and development of the Blackbird chromite discovery and regional exploration for additional mineral deposits within its large, highly prospective land position in an area known as the "Ring of Fire", an emerging multi-metals camp located in the James Bay Lowlands of Ontario, Canada.

For further information please access the Company's website at www.norontresources.com or search the Company's publically filed documents at www.sedar.com.

Wesley (Wes) Hanson
President & Chief Executive Officer

McGuinty government urged to kill plans to ship 'Ring of Fire' refinery work to China

U.S. multinational Cliffs Natural Resources says it will seek exemption to Ontario Mining Act to ship raw chromite overseas, but Teamsters wants the government to tell foreigners that if you 'mine it here, then refine it here or keep it in the ground'

OTTAWA, Nov. 25, 2011 /CNW/ - Queen's Park will squander huge potential benefits of the so-called "Ring of Fire" mining discovery in the James Bay lowlands if it allows the lion's share of raw materials to be siphoned off and sent to China for refining, says the head of Teamsters Canada Rail Conference Maintenance of Way Employees.
"A senior executive of Cliffs Natural Resources told CBC news this week that it plans to ship much of the raw chromite to Asia for refining and will seek an exemption to the Ontario Mining Act because the law prevents materials mined in Ontario being refined outside Canada," says William Brehl, president of the union representing maintenance workers on several short line railways in Northern Ontario that may carry Ring of Fire minerals.
"Premier Dalton McGuinty's government has called the Ring of Fire the most promising mining opportunity in Canada in a century. We urge his minority government to stand tall, protect Ontario jobs and help Northern Ontario's economy by denying the exemption. If you mine it here, then refine it here or go away and leave it in the ground. We have been urging this for the past year since we first heard about the China plan," Brehl says.
The Ring of Fire, about twice as large as Prince Edward Island, is said to hold one of the world's largest and richest deposits of chromite, the key ingredient in making stainless steel. It is also said to possess nickel, copper, platinum, gold, zinc and magnesium.
Instead of extracting the minerals from beneath the Canadian Shield and shipping them to China - a country not known for its environmental and labor protection laws - the chromite and other materials should be refined in Ontario, creating Ontario jobs and bolstering business for the ONR (Ontario Northland Railway) which is subsidized with Ontario tax dollars, Mr. Brehl says.
"This is a simple win for Ontario. There is infrastructure in Timmins to refine where a former Falconbridge refinery closed recently, there are trained workers there, there is a potential for more jobs in Ontario's North and fewer tax dollars required to subsidize the ONR because shipping the minerals will add needed money to ONR's coffers. There is nothing stopping Premier McGuinty from saying 'no' to the exemption except big powerful multinational corporations who will threaten to take their ball and bat and go home. If the Occupy Movement has taught us anything, it is that sometimes we have to do what is best for people, not what is best for Wall Street financiers and corporations," Mr. Brehl adds.
About TCRC-MWED
Teamsters Canada Rail Conference Maintenance of Way Employees Division (TCRC-MWED), a division of Teamsters Canada, represents more than 4,000 maintenance of way workers at more than 20 short line railroads across Canada, including the ONR, and CP Rail. Its members are involved in inspecting, monitoring and repairing the tracks, bridges and structures on the network. TCRC-MWED's mission is to make sure that the railw

Webequie First Nation Reaffirms Community Rights in Ring of Fire

THUNDER BAY, ON, Nov. 23, 2011 /CNW/ - The Chief and Council of Webequie First Nation is reaffirming its community rights and local autonomy with respect to decision-making processes in the Ring of Fire. Today, Webequie First Nation released two independent documents; a Community Position Paper and a Consultation and Accommodation Protocol, which both clarify and outline for industry, government and the public that the membership of Webequie First Nation will determine their own community-led negotiated process as it relates to the traditional, historic, ancestral, and customary areas of Webequie First Nation.

Chief Cornelius Wabasse of Webequie First Nation says; "Following recent reports in the media and consequent enquiries, Webequie First Nation would like to remind all those who wish to work with our First Nation and, particularly commercial entities, that they must have direct engagement and consultation with our First Nation before and above any other agency. We, the Webequie First Nation people, are the primary contact and exclusive decision-makers for our community, not any third party or external organization."
Webequie First Nation is one of the two northern First Nations that will be most directly impacted by the potential mining developments for the Ring of Fire area. Webequie First Nation is a member community of the Matawa First Nations Management Tribal Council, which was created to serve First Nations.
In recent weeks, the Matawa First Nations Management Tribal Council has been promoting a stop order on development in the Ring of Fire and lobbying for a Joint Panel Review Environmental Assessment on behalf of all the regional Matawa First Nations. Webequie First Nation supports regional First Nations' concerns over the current Environmental Assessment process but notes that the Matawa Tribal Council or any other third party, is not a decision-making authority or community voice for Webequie First Nation.
Continues Wabasse; "Matawa First Nations Tribal Council provides our First Nations with important support services but it must be clearly understood that its staff do not represent our First Nation membership on community issues. Industry and government are required to engage directly with our First Nation and it is the Webequie Council through quorum who can legally commit Webequie First Nation to any type of process or agreement that affects its membership."
In addition to establishing Webequie First Nation's position on the Matawa Tribal Council, the Community Position Paper also provides important community information on Industry and Government Protocol, Regional Infrastructure as well as the Discovery Area.
"The purpose of publicly releasing these documents is to help guide industry, government and any other commercial interests through the process of doing business or working collaboratively with our First Nation. We want to demonstrate that there are meaningful paths forward to building positive and mutually beneficial working relationships. We believe that education and awareness are the best way to build understanding and reciprocal respect."
Webequie First Nation has built tremendous community capacity over the past three years to become investment-ready and prepare to take advantage of emerging socio-economic benefits in the Ring of Fire. This capacity includes the establishment of a community-based Webequie Ring of Fire team. Copies of both the Community Position Paper and Consultation and Accommodation Protocol are available upon request through the Webequie First Nation Ring of Fire Office.
Webequie First Nation is a growing Ojibway community located 540 km north of the city of Thunder Bay. Webequie First Nation is the closest community to the discovery areas in the Ring of Fire and it has over 700+ community members, many of which are actively enjoying their traditional cultural practices and harvesting activities.

COAWS Speaks Out

Take time now to assess impacts of mega-mines in Northern Ontario, environmentalists tell federal and Ontario governments

Groups demand greater scrutiny through joint review panel

TORONTO, Nov. 7, 2011 /CNW/ - Today Ecojustice and CPAWS Wildlands League are calling on Federal Environment Minister Peter Kent and Ontario's Minister of the Environment Jim Bradley to appoint an independent joint review panel to assess a proposed mega-mine for chromite in northern Ontario by the American-based Cliffs Resources Company.

The public interest groups are supporting the demand earlier this month by Matawa and Mushkegowuk First Nations that the federal Minister conduct a review panel.

The Cliffs project is the first proposed mine in this vast, intact area. The environmental groups are concerned that mining will cause massive permanent changes to sensitive ecosystems and local communities in Ontario's Far North.

"The cumulative impacts of this project are wholly unknown at this point and approval of the first one will most likely lead to multiple others being developed. Just how much mining can one watershed sustain before its health is compromised?" said Anna Baggio, Director, Conservation Land Use Planning for CPAWS Wildlands League.

Public interest groups have called on governments this year to conduct a regional assessment of mining in Ontario's Ring of Fire area to ensure that the total extent of impacts on the area will be fully considered before mining development proceeds any further.

"Communities and indeed all concerned Canadians need this type of critically important information before massive exploitation of Ring of Fire mineral deposits commences, at the very least we need a joint review panel," says Baggio.

Contrary to the assertions of Cliffs Resources, an environmental assessment by a "joint review panel" would be far superior to the current process of "comprehensive review study" that the federal government has initiated. A joint review panel will avoid having multiple assessment process federally and provincially and will ensure that local First Nations who will be most impacted by this project will have a role in deciding how it can be developed. Additionally, concerned Canadians will be able to participate and provide submissions in public hearings to impartial panel members.

"The Matawa and Mushkegowuk First Nations need a joint review panel in order to address concerns about how this project will impact their communities and the environment," said Justin Duncan, staff lawyer for Ecojustice. "Doing so will ensure those communities have a stronger voice on a project that will transform Ontario's Far North."

The federal and provincial Ministers of the Environment have the discretion to reach an agreement to bump up the environmental assessment of Cliffs Chromite Project to a joint panel review. For example, the Ministers struck a joint review panel for the proposed Marathon platinum and copper mine in August of this year. One of the main reasons for such a decision is public concern. Ecojustice and CPAWS-Wildlands League hope that other members of the public, including other companies operating in the Ring of Fire encourage Canada and Ontario to conduct a more thorough assessment of the project.

NORONT RESOURCES LTD. | Noront announces additional chromite results from McFaulds Lake

NORONT RESOURCES LTD. Noront announces additional chromite results from McFaulds Lake

COCA-COLA CANADA | Muskoka youth respond to the "call to action"

It's better than being a couch potato and I do like Coke trying to do something. Congrats all around. Now go after some TonyGate Funding too.

COCA-COLA CANADA Muskoka youth respond to the "call to action"

Tim Hortons beefs up menu with Beef Lasagna Casserole

I like the calorie count but I wonder how much sodium they have added.

TIM HORTONS INC. Tim Hortons beefs up menu with Beef Lasagna Casserole

Environmental Assessment Starts

Cliffs Chromite Project

Public Comments Invited and Federal Funding Available

OTTAWA, Oct. 17, 2011 /CNW/ - The Canadian Environmental Assessment Agency (the Agency) is starting a comprehensive study type of environmental assessment for the proposed Cliffs Chromite Project located in northern Ontario. The Agency invites the public to comment on the project and the conduct of the comprehensive study.

The Agency has prepared the draft Environmental Impact Statement (EIS) Guidelines that identify potential environmental effects to be addressed and information that needs to be included in the proponent's EIS. Public comments on the draft EIS Guidelines are invited and will be reviewed and considered before the document is finalized and issued to the proponent.

The draft EIS Guidelines and more information on this project are available on the Agency's website at www.ceaa-acee.gc.ca (Registry reference number 11-03-63927). The document is available in paper copy by request as well.

All comments received by November 16, 2011 will be considered.

The Agency is also making available $40,000 under its Participant Funding Program to assist groups and individuals to participate in the federal environmental assessment of this project. Funding applications received by November 16, 2011 will be considered.

This is the first of several public comment periods that will occur during the environmental assessment of the project.

The proposed project consists of constructing, operating and eventually decommissioning an open pit/underground chromite ore mine (30 year mine life at a predicted extraction rate of 6,000 to 12,000 tonnes per day) and an ore processing facility. The proposal also includes an integrated transportation system consisting of a new north-south all-season road corridor and a new ferrochrome production facility, which would be located at a different location than the mine site.

This project is also subject to the environmental assessment requirements of the province of Ontario. Canada and Ontario are coordinating the respective environmental assessment processes for the proposed project.

The Canadian Environmental Assessment Agency administers the federal environmental assessment process, which identifies the environmental effects of proposed projects and measures to address those effects, in support of sustainable development.

For further information: For more information, media may contact:

Canadian Environmental Assessment Agency
Céline Legault

An Open Letter to Mr. Dalton McGuinty, Mr. Tim Hudak, and Ms. Andrea Horwath

Healthcare and education use up about 80% of provincial revenues and yet we heard very little during the campaign. The Family Physicians are speaking up. Too little, too late?

COALITION OF FAMILY PHYSICIANS OF ONTARIO An Open Letter to Mr. Dalton McGuinty, Mr. Tim Hudak, and Ms. Andrea Horwath

KWG to buy back shares... smart move

News Release
Symbol on TSX-Venture :

KWG.V


Shares issued and outstanding:

636,878,941
      
KWG ANNOUNCES NORMAL COURSE ISSUER BID
Montreal, Canada – October 5, 2011 – The KWG Resources Inc. (TSXV: KWG) Board of Directors has authorized the purchase of up to 31.9 million of its common shares by way of normal course purchases on TSX Venture Exchange (“TSXV”), subject to regulatory approval.  KWG intends to file the required notice with the TSXV to obtain such approval as soon as practicable.  The common shares authorized to be purchased, represent 5% of the common shares presently outstanding.
KWG believes that its common shares currently trade in a price range that does not adequately reflect their underlying value based on KWG’s business prospects and strong financial position.  As a result, depending upon future price movements and other factors, KWG believes that its outstanding common shares represent an attractive investment and a desirable use of a portion of its corporate funds.
The purchases may commence two trading days after acceptance by TSXV of KWG’s notice of intention and will be undertaken by Jones Gable and Company Limited as KWG’s agent.  It is expected that the purchases will not presently exceed $500,000 and will terminate not more than one year after the purchases commence, or on such earlier date as KWG may complete its purchases.
Purchases will be made by KWG in accordance with applicable regulatory requirements and the price which KWG will pay for any such common shares will be the market price of such shares at the time of acquisition.  The common shares purchased will be cancelled.
To the knowledge of KWG, no director, senior officer or other insider of KWG currently intends to sell any common shares under this bid.  However, sales by such persons through the facilities of the TSXV may occur if the personal circumstances of any such person change or if any such person makes a decision unrelated to these normal course purchases.  The benefits to any such person whose shares are purchased would be the same as the benefits available to all other holders whose shares are purchased.
For further information, please contact:
BRUCE HODGMAN
Communications Director
416-642-3575
info@kwgresources.com
Follow Us On:
Facebook:  http://www.facebook.com/kwgresourcesinc
Twitter:       http://twitter.com/kwgresources
YouTube:    http://www.youtube.com/KWGresources
Flickr:         http://www.flickr.com/photos/kwgresources

 

premier in TBay

Supporting Good Northern Ontario Jobs

Premier Visits Bombardier Plant in Thunder Bay

THUNDER BAY, ON, Sept. 15, 2011 /CNW/ - Premier Dalton McGuinty today highlighted the Ontario Liberal Plan to create and protect jobs in Northern Ontario during a stop in Thunder Bay.
"Ontario Liberals are committed to a strong Northern economy with good Northern Ontario jobs, including right here at Bombardier," said McGuinty. "Our Ontario Liberal Plan is all about creating jobs and strengthening Northern communities."
McGuinty made the comments at the Bombardier manufacturing plant, where the Ontario government's commitment to GO Transit has meant purchases of 150 new coaches between 2004 and 2011 and a recent purchase of 50 coaches.
On Monday, Premier McGuinty announced that the Ontario Liberals will expand GO train service to two-way, full-day service, on all corridors — more than doubling the current number of coaches. All of which supports good jobs for Ontario families living in Thunder Bay.
McGuinty, who was joined by Thunder Bay-Superior North candidate Mike Gravelle and Thunder Bay-Atikokan candidate Bill Mauro, took the opportunity to outline the Ontario Liberal Northern Platform, which includes many elements to create jobs and further strengthen the Northern economy:

• Supporting Northern jobs by increasing the Northern Ontario Heritage Fund to $110 million and increasing the number of jobs it supports
• Protecting jobs by reducing industrial electricity rates by 25% through the Northern Industrial Electricity Rate Program, which will be made permanent
• Keeping the North moving by improving Northern road, rail, and air links
• Opening new mines — at least eight in the next 10 years
• Investing in Northern brainpower with a new law school at Lakehead University
• Attracting new investment and jobs with the development of the Ring of Fire

The Harris-Hudak PCs gutted transit and made a mess of GO Transit in particular. First, they downloaded GO to the municipalities, then uploaded it again. When Tim Hudak was Northern Development Minister in that government, he helped the PCs download $3 billion in costs onto cities and towns, causing property tax hikes and massive cuts to public services. Today, the Hudak PCs have a $14 billion hole in their platform — that means deep cuts that will put our transit, education and health care at risk.
The NDP would introduce a crushing $9 billion in job-killing taxes and impose a moratorium on development north of 51, which would kill the Ring of Fire and destroy jobs in every Northern community.
Both opposition parties would take Ontario off track at the worst time.
"What we've accomplished in the North is nothing short of amazing," said McGuinty. "But there is much more to do and Ontario Liberals have a serious plan to keep building on the progress we've made, together."
For further information: Ontario Liberal Party Media Office:
416 961-3800 ext. 328

NORONT RESOURCES LTD. | Noront Announces Economic Mineral Reserve At Eagle's Nest

NORONT RESOURCES LTD. Noront Announces Economic Mineral Reserve At Eagle's Nest

Probe News... may not be ROF related

VANCOUVER, Aug. 23, 2011 /CNW/ - The following issues have been halted by Investment Industry Regulatory Organization of Canada (IIROC):
Issuer Name: Probe Mines Ltd.
TSX-V Ticker Symbol: PRB- V
Time of Halt: 8:45 am EST
Reason for Halt: Pending News
For further information:
IIROC Inquiries (416) 646-7299 - *Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

ROYAL CANADIAN MINT | Royal Canadian Mint introduces new bullion with 99999 pure gold “RCMP” and wildlife silver “Cougar” coins

ROYAL CANADIAN MINT Royal Canadian Mint introduces new bullion with 99999 pure gold “RCMP” and wildlife silver “Cougar” coins

Chris Hodgson may have some intersting comments

/R E P E A T -- Media Advisory - Presidents of the Mining Association of Canada and the Mining Association of Ontario to address Sudbury Chamber of Commerce/

OTTAWA, July 15, 2011 /CNW/ -
*Interview opportunity*

Event:	Mr. Pierre Gratton, President & CEO of the Mining Association of Canada and Mr. Chris Hodgson, President of the Ontario Mining Association will share their insights into the tremendous opportunity facing the Canadian mining industry - an opportunity not seen in several generations. Their focus will be on: economical impacts and regional presence future direction of the global mining industry; mineral price drivers, role of China, industry investment and challenges domestic and international policy challenges Senior representatives from Vale and Xstrata will also be present and available for interview.
Date:	Thursday, August 25th 2011
Time:	12:00 PM - 2:00 PM
Location:	Bryston's On The Park 5 Creighton Road- Copper Cliff Sudbury, ON
Who:	The Mining Association of Canada. Based in Ottawa, the Mining Association of Canada is the national organization for the Canadian mining industry. Its members are engaged in mineral exploration, mining, smelting, refining and semi-fabrication
	The Ontario Mining Association supports and improves the competitiveness of the mining sector in the province while representing companies engaged in the environmentally responsible exploration, production and processing of minerals in Ontario

Media representatives wishing to attend the event are invited to pre-register with Cortney Lanteigne T: (705) 673-7133 ext. 224

METALEX VENTURES LTD. | Metalex Recovers Largest Diamond Yet From U2 Kimberlite

METALEX VENTURES LTD. Metalex Recovers Largest Diamond Yet From U2 Kimberlite

THE MINING ASSOCIATION OF CANADA | Message to Mines Ministers: Booming Mining Sector Offers Opportunities Coast to Coast to Coast

THE MINING ASSOCIATION OF CANADA Message to Mines Ministers: Booming Mining Sector Offers Opportunities Coast to Coast to Coast

INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC) | Investment Industry Regulatory Organization of Canada - Trade Resumption - Ring of Fire Resources Inc. - ROF

INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC) Investment Industry Regulatory Organization of Canada - Trade Resumption - Ring of Fire Resources Inc. - ROF

INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC) | Investment Industry Regulatory Organization of Canada - Trading Halt - Ring of Fire Resources Inc. - ROF - V

INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC) Investment Industry Regulatory Organization of Canada - Trading Halt - Ring of Fire Resources Inc. - ROF - V

TD CANADA TRUST | Ontarians blame the summer sun for their spending splurges

TD CANADA TRUST Ontarians blame the summer sun for their spending splurges

CNW BROADCAST SERVICES | Video B-Roll Available In HD and SD via CNW - PepsiCo Beverages Canada is making history on Wednesday: Company set to unveil breakthrough in beverage sector with new bottle

CNW BROADCAST SERVICES Video B-Roll Available In HD and SD via CNW - PepsiCo Beverages Canada is making history on Wednesday: Company set to unveil breakthrough in beverage sector with new bottle

ONTARIO PROVINCIAL POLICE | OPP MEAN SERIOUS BUSINESS GOING INTO WEEK #2 OF DISTRACTED DRIVING CAMPAIGN

ONTARIO PROVINCIAL POLICE OPP MEAN SERIOUS BUSINESS GOING INTO WEEK #2 OF DISTRACTED DRIVING CAMPAIGN

NORONT RESOURCES LTD. | NORONT VERIFIES EXCELLENT RECOVERIES AT EAGLES NEST

I've crunched some numbers from the upper level. They show that shipping as is, is worth $1,243.23/T. However, if you can concentrate it at source it is worth $4,854.55 per tonne. Now that is impressive. They nmust be looking at a concentrating facility and it won't matter what the railroad charges are!

NORONT RESOURCES LTD. NORONT VERIFIES EXCELLENT RECOVERIES AT EAGLES NEST

KWG RESOURCES INC. | KWG'S CANADA CHROME CORP FILES REGISTRATION AS SHORTLINE RAILWAY OPERATOR

KWG RESOURCES INC. KWG'S CANADA CHROME CORP FILES REGISTRATION AS SHORTLINE RAILWAY OPERATOR

KWG RESOURCES INC. | KWG GROOMS DEBUT DIAMONDS INC WITH ACQUISITIONS AND FINANCINGS BEFORE DIVIDEND

KWG RESOURCES INC. KWG GROOMS DEBUT DIAMONDS INC WITH ACQUISITIONS AND FINANCINGS BEFORE DIVIDEND

PROSPECTORS & DEVELOPERS ASSOCIATION OF CANADA | Prospectors and Developers Association of Canada announces appointment of new Executive Director

PROSPECTORS & DEVELOPERS ASSOCIATION OF CANADA Prospectors and Developers Association of Canada announces appointment of new Executive Director

ANTI-POWERPOINT-PARTY | The First Worldwide Anti-PowerPoint-Party Founded (APPP)

ANTI-POWERPOINT-PARTY The First Worldwide Anti-PowerPoint-Party Founded (APPP)

HudBay acquires 13 million more MacDonald Mines shares

Ticker Symbol: C:HBM C:BMK
HudBay acquires 13 million more MacDonald Mines shares
HudBay Minerals Inc (C:HBM)
Shares Issued 171,385,203
Last Close 6/29/2011 $14.12
Thursday June 30 2011 - News Release
Also MacDonald Mines Exploration Ltd (2) (C:BMK) News Release
Mr. John Vincic of HudBay reports
HUDBAY MINERALS MAKES INVESTMENT IN MACDONALD MINES
HudBay Minerals Inc. has acquired 13.5 million Class A shares of MacDonald Mines Exploration Ltd. at a purchase price of 13 cents per share for total consideration of $1,755,000. The shares were acquired on a private placement basis and are subject to customary resale restrictions.
As a result of the investment, HudBay currently owns and has control over 32.56 million shares (approximately 15.4 per cent of the issued and outstanding shares) and 9.53 million share purchase warrants, which, together with the shares, represent approximately 19.1 per cent of the issued and outstanding shares on a partially diluted basis.
The acquisition of the shares is being made to assist in the financing, exploration and development of MacDonald's mineral properties.
We seek Safe Harbor.

News Release  

	Symbol on TSX-Venture :	KWG.V
	Shares issued and outstanding:	636,878,941

KWG SUBSIDIARY CANADA CHROME CORP & GREENSTONE ECONOMIC DEVELOPMENT CORP FILE APPLICATION FOR $496 MILLION PPP CANADA FUNDING Montreal, Canada – June 30, 2011 – KWG Resources Inc. (TSXV: KWG) is pleased to announce that its subsidiary Canada Chrome Corporation, together with Greenstone Economic Development Corporation, have today filed an application with PPP Canada for consideration of funding support of up to $496 million for the construction of a railroad to the Ring of Fire mining discoveries in the James Bay Lowlands of Northern Ontario.   On May 4, 2011 PPP Canada launched Round Three call for proposals of the P3 Canada Fund, encouraging provinces, territories, First Nations and municipalities to consider the P3 model for their public infrastructure needs. The P3 Canada Fund is a merit-based program designed to generate an increase in P3 public infrastructure. Eligible projects can receive up to 25% of the direct cost of construction for a P3 project.   Canada Chrome Corporation has undertaken preliminary engineering and construction cost estimates to build a railroad from a junction with the Trans-Canada line of the Canadian National Railway at Exton, Ontario. The project is presently estimated to cost $1.984 billion.  The co-applicants made the submission for themselves and a joint venture anticipated to be formed with the Municipality of Greenstone and a First Nations Regional Economic Development Corporation to be created by the Matawa and Mushkegowuk First Nations.    For further information, please contact: Bruce Hodgman Communications Director 416-646-1374 info@kwgresources.com

OFFICE OF THE AUDITOR GENERAL OF ONTARIO | GOVERNMENT SPENDING FORECASTS "OPTIMISTIC": AUDITOR GENERAL

OFFICE OF THE AUDITOR GENERAL OF ONTARIO GOVERNMENT SPENDING FORECASTS "OPTIMISTIC": AUDITOR GENERAL

NORONT RESOURCES LTD. | NORONT IDENTIFES LOW-GRADE BULK TONNAGE POTENTIAL AT AT-12

No pot of gold here. My calc shows about $90 per tonne. I don't see how that can be economic. Is there a claim fight going on.

CLAIM STAKING:

On June 17, 2011, the Company staked six mineral claims comprising 32 units on open ground that lies directly to the north of Noront claims 4226694 and 4226662 (and directly south of Fancamp Exploration Limited's claims 3012257 and 3012258). These two 16-unit claims were formerly claims 4221148 and 4221149 of MacDonald Mines Exploration Ltd. Another exploration company active in the Ring of Fire has announced that they have staked these claims.

The Company has filed notice with the Mining Recorders Office contesting the validity of the staking by the other company.

Noront also staked another 16-unit mineral claim, further to east. This claim lies directly to the north of Noront's claim 4226616 and lies on the west shore of McFaulds Lake, and was formerly claim 4212366 of MacDonald Mines Exploration Ltd.

NORONT RESOURCES LTD. NORONT IDENTIFES LOW-GRADE BULK TONNAGE POTENTIAL AT AT-12

KWG RESOURCES INC. | KWG VP LAVIGNE JOINS GREENSTONE ECONOMIC DEVELOPMENT CORP BOARD

KWG RESOURCES INC. KWG VP LAVIGNE JOINS GREENSTONE ECONOMIC DEVELOPMENT CORP BOARD

CONFERENCE BOARD OF CANADA | LACK OF GRADUATES WITH ADVANCED DEGREES MAY HELP TO EXPLAIN CANADA'S POOR INNOVATION GRADE

CONFERENCE BOARD OF CANADA LACK OF GRADUATES WITH ADVANCED DEGREES MAY HELP TO EXPLAIN CANADA'S POOR INNOVATION GRADE

CONFERENCE BOARD OF CANADA | UNTAPPED POTENTIAL FOR CANADIAN SMALL AND MEDIUM-SIZED BUSINESSES: USING THE DIGITAL ECONOMY TO ACCESS INTERNATIONAL MARKETS

CONFERENCE BOARD OF CANADA UNTAPPED POTENTIAL FOR CANADIAN SMALL AND MEDIUM-SIZED BUSINESSES: USING THE DIGITAL ECONOMY TO ACCESS INTERNATIONAL MARKETS

KWG RESOURCES INC. | KWG ACQUIRES 16.88% OF GOLDTRAIN

KWG RESOURCES INC. KWG ACQUIRES 16.88% OF GOLDTRAIN

BAOSTEEL RESOURCES INTERNATIONAL CO. LTD. | BAOSTEEL ACQUIRES SECURITIES OF NORONT RESOURCES LTD.

BAOSTEEL RESOURCES INTERNATIONAL CO. LTD. BAOSTEEL ACQUIRES SECURITIES OF NORONT RESOURCES LTD.

KWG Resources Inc.
Media Item

 
Symbol on TSX-Venture : KWG.V
Shares issued and outstanding: 636,878,941



KWG Proposed Railway Subject of Toronto Star Opinion Piece

In today's Toronto Star (front section, Opinion Page) Stan Sudol suggests that the federal and provincial governments should subsidize the railway to the Ring of Fire.
http://www.thestar.com/opinion/editorialopinion/article/998685--rails-to-the-ring-of-fire

RBC | BEING THE "BOSS OF ME" APPEALS TO CANADIANS: RBC POLL

RBC BEING THE "BOSS OF ME" APPEALS TO CANADIANS: RBC POLL

BMO InvestorLine Study: Online Investors Flocking To Social Media Platforms For Advice

BMO InvestorLine Study: Online Investors Flocking To Social Media Platforms For Advice

KWG info out

<>   KWG Resources Inc.  Media Item        Symbol on TSX-Venture :  KWG.V Shares issued and outstanding:  636,878,941   KWG Media Item and Provincial Government Update on Ring of Fire There are 2 links below. The first is a CBC interview with Michael Gravelle (Minister of Northern Development, Mines and Forestry of Ontario) where he discusses the Ring of Fire initiative. http://www.swiftpage1.com/SpeClicks.aspx?X=2T0Q9OYHHZZEOABO00ZDW5 The second link is to a PowerPoint presentation given by the Ministry of Northern Development, Mines and Forestry to the Greater Sudbury Chamber of Commerce on May 17th, 2011, regarding the current status of the Ring of Fire initiative. http://www.swiftpage1.com/SpeClicks.aspx?X=2T0Q9OYHHZZEOABO01ZDW5

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Fancamp Drilling at McFaulds Lake Property, Ring of Fire, Northern Ontario-Update

Fancamp Drilling at McFaulds Lake Property, Ring of Fire, Northern Ontario-Update

Noront Resources has launched their new website

Noront Resources has launched their new website
Noront Resources has launched their new website. Please visit us at http://www.norontresources.com/
For further information:
http://www.norontresources.com/

CLIFFS NATURAL RESOURCES INC. | Cliffs Natural Resources Inc. Launches "Together. It Starts Here." Corporate Advertising Campaign

CLIFFS NATURAL RESOURCES INC. Cliffs Natural Resources Inc. Launches "Together. It Starts Here." Corporate Advertising Campaign

NORONT RESOURCES LTD. | NORONT AND BAOSTEEL RESOURCES SIGN BINDING TERM SHEET

NORONT RESOURCES LTD. NORONT AND BAOSTEEL RESOURCES SIGN BINDING TERM SHEET

METALEX VENTURES LTD. | METALEX RECOVERS LARGEST DIAMOND YET FROM U2

METALEX VENTURES LTD. METALEX RECOVERS LARGEST DIAMOND YET FROM U2

TORONTO STOCK EXCHANGE | TMX Group Inc. Statement

Another bid for the TMX Group.... keep it Canuck?
TORONTO STOCK EXCHANGE TMX Group Inc. Statement

Frank McKenna on the passing of Wallace McCain

TORONTO, May 14 /CNW/ - Frank McKenna today issued the following statement on the passing of Wallace McCain:
We salute today the passing of one of this country's greatest entrepreneurs, one of its most generous philanthropists and a wonderful man. Wallace's passing was a huge loss for Canada, particularly his beloved New Brunswick. Julie and I are deeply saddened by Wallace's passing. Our thoughts are with his devoted and loving wife, Margaret, his children Michael, Scott, Martha and Eleanor and their families during this very difficult time.
Wallace was a local hero, a national champion and a global leader. Along with his brother Harrison, he transformed Florenceville, a small town in New Brunswick, into the head office of one of the world's most successful food companies. McCain went on to become an iconic Canadian brand around the world. His second act proved equally successful. Maple Leaf Foods is a multinational company and home to some of Canada's best known and trusted brands.
There will never be another like Wallace McCain. He had a rare combination of energy, passion, business acumen and generosity. Julie and I were privileged to call him a true and wonderful friend. He will be sorely missed.

Statement from the Honourable Tony Clement

Statement from the Honourable Tony Clement

UNITED STEELWORKERS (USW) | Voisey's Bay Report A Victory for Workers, Vindication for Union

UNITED STEELWORKERS (USW) Voisey's Bay Report A Victory for Workers, Vindication for Union

Encouraging Comments from BMK. ROF ready to rock

MacDonald Mines Completes Winter Program at Butler Lake-Assays Pending; Drilling to Commence on the Semple-Hulbert Property

TORONTO, ONTARIO--(Marketwire - May 9, 2011) -MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald" or the "Company") is pleased to announce the commencement of a 3,000 meter diamond drill program on its Semple-Hulbert Property in the James Bay Lowlands of Northern Ontario. The program follows the Butler Lake drill program which consisted of 3800 metres of drilling over 17 diamond drill holes targeting volcanogenic massive sulphide (VMS), nickel-copper-platinum group element (Ni-Cu-PGE), and vanadium targets.
The Semple-Hulbert drill program will focus on high priority Ni-Cu-PGE targets in a never-before-drilled geologic complex that geophysically has been interpreted to resemble the Voisey's Bay Ni-Cu deposit.

(Click here to view images from the press release)

Butler Lake Property
The recently completed drill program on the Butler Lake Property consisted of 17 diamond drill holes, 7 targeted VMS mineralization, 2 targeted Ni-Cu-PGE mineralization, and 8 targeted vanadium.
VMS - (Copper/Zinc)
Stringer, semi-massive, and massive sulphides consisting of pyrite, pyrrhotite, chalcopyrite, and sphalerite were intersected in 6 of the 7 VMS drill holes. Samples have been submitted to Activation Laboratories Ltd. (ActLabs) in Thunder Bay for analysis, with assay results expected by May 16.
Nickel
Disseminated magmatic sulphides were intersected within each of the 2 Ni-Cu-PGE drill holes. Samples have been submitted to ActLabs for analysis, with assay results expected by May 16.
Vanadium
During the course of the on-going Butler Lake VMS and Nickel exploration programs, geologists noted the elevated presence of vanadium mineralization in some of the drill core. Subsequently, 8 diamond drill holes were selected to test 4 target areas that were thought to contain vanadium mineralization. Using hand held XRF analyzers, it was determined that all 8 drill holes had potentially significant vanadium mineralization. Samples have been submitted to ActLabs for analysis, with test results expected in early May. Given Management's experience with Vanadium Mineralization, samples have already been forwarded to SGS Lakefield for Metallurgical Testing.
Continued Exploration
The Company will be conducting the next phase of drilling on the Butler Lake property once all of the current exploration data and assays have been received and analyzed. Geochemical and geophysical signatures will be utilized to direct the drill program which is anticipated to begin in July, 2011.
Semple-Hulbert Property
Drilling has commenced on the highly prospective Semple-Hulbert Property, located within the traditional territory of the Kasabonika Lake First Nation. The Company recently signed an accord with the Kasabonika Lake First Nation Community and exploration is now proceeding.
The Semple-Hulbert claim group was initially targeted by MacDonald's because it had:

• The strongest regional magnetic anomaly
• The strongest regional gravity feature
• Been mapped as an ultra-mafic feature on regional geology maps

The data compiled to-date for the Semple-Hulbert property has been reviewed by Larry Hulbert, D.Sc. and HudBay Exploration. The primary catalyst for this information was a Geotech VTEM survey of the claim group in 2008, interpreted by Quentin Yarie, P.Geo., Hadyn Butler, P.Geo. and Larry Hulbert, D.Sc.
Geophysical Interpretation of Semple-Hulbert

• The geophysical data exhibits the characteristics of an intact intrusive body.
• Modeling of the magnetic data outlined a magnetic feature, which is dimensionally about >10km long by 3-4km wide and extending to at least 3km below surface.
• 8 electromagnetic targets (conductors) located within the interpreted intrusive are targeted for drilling
• Within this body the magnetic response varies spatially – suggesting multiple geologic events.
• This interpretation fits the analogy to the Voisey's Bay deposit; that being multiple magma pulses over time.
• The modeling also exhibits features similar in nature to four of the Voisey's Bay intrusive components; the Eastern Deeps, Discover Hill Zone, the Ovoid, and the Reid Brook Zone (feeder sheet).
• Each of these components has an associated group of strongly conductive responses which have been targeted in the upcoming drill program.

(Click here to view images from the press release)

Geological Interpretation of Semple-Hulbert
Larry Hulbert, D.Sc. has reviewed the geophysical data for Semple-Hulbert, and has provided the following observations regarding interpreted geology:
In detail, the magnetic fabric of the intrusive body is remarkably similar in size, shape and form to that of the Voisey's Bay Complex in Labrador which hosts world-class Ni-Cu deposits, and was the last significant Ni-Cu discovery in North America (1994).
Magnetically, the mafic-ultramafic rocks underlying the Semple-Hulbert property stand out regionally as a striking magnetic anomaly. Based on the Geological Survey of Canada regional airborne magnetic surveys the intrusive rocks on this property are approximately twice as magnetic as any other known mafic-ultramafic body in the "Ring of Fire" (ROF) including the southeast portion of the ROF which hosts the recently discovered world-class Ni-Cu-PGE, Cr and Fe-Ti-V deposits. Detailed magnetic surveys conducted as part of a VTEM airborne geophysical survey over the Semple-Hulbert property enhanced the significance and understanding of this regional anomaly even further.
The detailed VTEM magnetic survey outlined a "spoon-shaped" intrusion. The East-West trending linear magnetic feature is analogous to the handle of the spoon and geologically is believed to represent a feeder-dyke. At its eastern end it flares out to a width of approximately 3 km and resembles the bowl portion of a spoon. This bowl shaped area represents the main mass of the magmatic chamber. The distinctive magnetic fabric within the main mass of the intrusion clearly defines an internal stratigraphy indicative of magmatic layering as is the case at Voisey's Bay. When one examines the location of the electromagnetic conductors from the VTEM survey relative to the magnetically defined geology the Voisey's Bay analogue and exploration model is most compelling.
Qualified Person
Quentin Yarie, P.Geo., is the qualified person in regard to the technical data contained within this news release, and will be responsible for overseeing all aspects of the Company's exploration programs.

The Company's contact information is presented below. For more detailed information about the Company and its projects, please visit our website at http://www.macdonaldmines.com/.

PROSPECTORS & DEVELOPERS ASSOCIATION OF CANADA | Next generation of Canada's top geoscientists to be in Sudbury for a two-week primer on mineral exploration

PROSPECTORS & DEVELOPERS ASSOCIATION OF CANADA Next generation of Canada's top geoscientists to be in Sudbury for a two-week primer on mineral exploration

Nice.... I can buy at $4.00 they can buy at $0.88

Can you say ' More dilution'

NORONT GRANTS OPTIONS
TORONTO, May 5 /CNW/ - Noront Resources Ltd. ("Noront" or the "Company") (TSX Venture: NOT) reports that the Board of Directors has granted an aggregate of 3,450,000 incentive stock options to officers, directors, employees and consultants of the Company, exercisable at a price of $0.88 for a period of five years. The stock options were granted pursuant to Noront's stock option plan and are subject to regulatory approval.
About Noront:  Noront Resources Ltd. is focused on its significant and multiple, high-grade nickel-copper-platinum-palladium, chromite, gold and vanadium discoveries in an area known as the "Ring of Fire", an emerging multi-metals district located in the James Bay Lowlands of Ontario, Canada. Noront is the largest land holder at the Ring of Fire and continues to delineate and prove up its discoveries with NI 43-101 technical and economic reports and an aggressive and well financed drill plan for 2011. All material information on Noront can be found on the Company's website at http://www.norontresources.com/ or at SEDAR at http://www.sedar.com/ 
Wesley (Wes) Hanson
President & Chief Executive Officer

ENSIGHT CANADA | MIND YOUR MAJORITY, EH?

ENSIGHT CANADA MIND YOUR MAJORITY, EH?

OPP goes after UFC, off topic, but interesting

I just had to post this story, along with a litlle history. Last year Ultimate Fighting was illegal in Ontario. There was then a push to allow it in Ontario. After much debate, it was agreed that the events could be held, but obviously the OPP did not like this idea. Did the promotor make the mistake of not hiring off-duty officers for these events? It looks like that to me. What do you think? This same enforcement is being used to charge what we used to refer to as 'bouncers'. They hit the Byward Market recently.

POLICE STRIKE BLOWS DURING UFC ENFORCEMENT

Private Security, Licensing Breaches in Ottawa, South Simcoe, and Toronto

ORILLIA, ON, May 4 /CNW/ - Members of the Ontario Provincial Police (OPP) Anti-Rackets Branch have laid 76 charges in connection with violations of the Private Security and Investigative Services Act (PSISA).

Between April 28th and April 30th, OPP, assisted by members of the South Simcoe Police Service, conducted enforcement initiatives in Ottawa, Bradford-West Gwillimbury, and Toronto, within and near the Ultimate Fighting Championships (UFC) venue.

POST FOR OLD NOT FOLLOWERS

May 04, 2011 08:30 ET

Eagle Hill Intersects 8.97 g/t Gold Over 8.0 Meters at the Windfall Lake Property and Expands the Caribou Zone

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 4, 2011) -Eagle Hill Exploration Corporation(TSX VENTURE:EAG) ("Eagle Hill" or the "Company") is pleased to announce that it has received assay results from an additional 8 drill holes from the Company's 2011 drill program. The results of the drilling confirm the extension of the Caribou Zone to the east and the west and expand Zone 27 further to the east while continuing to prove out the continuity of the gold mineralization on the Windfall Lake Property (the "Windfall Lake Property" or the "Property").
Drill hole EAG-11-258 expanded the Caribou zone by 200 meters to the west with an intersection of 20.82 g/t Au over 2.0 m, only 85 meters below surface. This drill hole targeted a well-defined geophysical conductor extending to the west from the Caribou zone. The Caribou Zone was also extended to the east with drill hole EAG-11-262 that returned 8.97 g/t Au over 8.0 m. This drill hole tested a 150 meter undrilled sector between the Caribou Zone to the west and the W3 Zone to the east and this new intersection suggests that the two zones might be connected. Further drilling during the summer will test this continuity.
EAG-11-259 intersected 7.94 g/t Au over 2.0 meters within the Mink zone at 265 meters below surface. The drilling was also successful at identifying new gold mineralization between the Caribou and Mink Zones with 4.67 g/t Au over 7.0 m (EAG-11-255). New gold mineralization associated with pyrite stockwork was also intersected some 40 meters to the northwest of Zone 27 and returned 5.20 g/t Au over 5.1 m (EAG-11-259).

Eagle Hill has now completed its scheduled 10,000 meter drill program and the assay results of only the last 6 holes are still pending. A map of the Windfall Lake Property outlining the location of the gold zones, drill holes and areas of potential expansion has been posted on Eagle Hill's website at www.eaglehillexploration.com/windfall_lake_property/maps/.

Watch the action this week

I think you may see some moves on the other ROF players. KWG is sitting pretty with the rail line staked and CLF may have to make a move. I'm sure KWG would be very happy being owned 20% by CLF & 20% by the Chinese.
Looking good. FNC is another one to watch with their recent chromite hit. They are going to go back to drill deeper for the Ni etc.

2011 Census gets underway today

Media advisory - 2011 Census gets underway today

OTTAWA, May 3 /CNW/ - Statistics Canada announced that the 2011 Census gets underway today with more than 15 million dwellings receiving yellow census packages.

For the first time, 60% of households will receive a letter replacing the traditional paper questionnaire. This letter will provide information to allow respondents to complete the questionnaire online. It will also contain a toll-free number respondents can call to request a paper questionnaire if preferred.

The remaining dwellings will receive paper questionnaires in both official languages.

The 2011 Census consists of questions on age, sex, marital and common-law status, family relationships, language and consent to release personal information after 92 years.

Census information is important for all communities and is vital for planning services, such as schools, daycare, police and fire. Statistics Canada encourages all household to complete the census.

I'm a bit disappointed

There was a lot of talk that we would never sell out cheap, and now this. I think CLF would have paid this. It is less than what they paid for FWR. 86/7*2= 24.57 cents!
I will look to buy today if I can free up some cash. Long term I see this as good news. Let's also see if there is a link to the efforts of the Ontario Government (China tours)
T

NOT Sells 9.9% to Chinese

BAOSTEEL RESOURCES TO ACQUIRE 9.9% INTEREST IN NORONT
TORONTO, May 2 /CNW/ - Noront Resources Ltd. ("Noront" or the "Company") (TSX Venture: NOT) is pleased to announce that it has agreed on definitive terms in connection with a proposed offering ("the Offering") with Baosteel Resources International Co., Ltd. ("Baosteel"), part of The Baosteel Group, one of China's largest steel producers, for a strategic investment by Baosteel in Noront by way of a non-brokered private placement of Units.
Under the terms of the Offering, Noront will issue such number of shares as is equal to 9.9% of the total issued and outstanding common shares of Noront at the time of closing at a price of $0.86 per Unit. Each Unit consists of one common share and one half of one common share purchase warrant (each whole warrant a "Warrant"). Each Warrant shall be exercisable to acquire one common share of Noront at an exercise price equal to $1.16 for a period of 24 months following the closing date. Net proceeds of the common share portion are anticipated to be approximately C$ 17.4 million. Exercise of the Warrants would increase Baosteel's equity ownership interest in Noront to 14.15%, with aggregate proceeds to Noront of approximately C$11.7 million.
Noront's President and CEO, Wes Hanson, notes, "Baosteel's intended investment represents the initial step in a potential long-term partnership that provides Noront access to one of China's largest steel producers and China's rapidly expanding stainless steel industry. Baosteel performed detailed due diligence on our property, its potential and the completed technical studies. Baosteel recognizes the potential of our Eagle's Nest discovery and further recognizes the potential of our Blackbird chromite deposits. Baosteel's investment will allow us to proceed with the necessary engineering work to define the value of our discoveries to date in the Ring of Fire while we continue exploring this exciting district with a view towards identifying additional mineral resources."
Proceeds from the Offering will be used to:
Fund completion of the Eagle's Nest feasibility study;
Fund completion of a feasibility study on the Blackbird chromite deposit including exploration drilling to increase the current resource; and
Fund further exploration work on our Ring of Fire properties and corporate expenses.
The Offering provides Baosteel with the right to nominate one individual to the Noront Board of Directors, a right to increase their ownership in Noront to 19.9% for a one year period commencing on April 18, 2012 and a standstill provision which expires on April 18, 2013.
The Offering is subject to final approval by Baosteel's Board of Directors and all securities and the regulatory authorities in both countries including the TSX Venture Exchange. Noront anticipates closing of the Offering to occur on or about June 2, 2011.
About Baosteel Resources International Co. Ltd.:
Baosteel Resources International Co. Ltd., headquartered in Hong Kong, is the overseas headquarters of Baosteel Resources Co. Ltd., a subsidiary of Baosteel Group Corporation, one of the largest and most profitable steel enterprises in the world with an annual production capacity of 50 million tons per year. Baosteel Group Corporation ranked 276 in the Global Fortune 500 companies in 2010 with 2009 revenues of $28.6 billion.
Baosteel Resources International Co. Ltd's core business is investment, trading and logistic services in relation to iron ore, coal, non-ferrous metals, stainless steel, raw materials and scrap.
About Noront Resources Ltd.:
Noront holds mineral title to the largest area in the Ring of Fire, an emerging multi-metals district in the James Bay Lowlands of northern Ontario. With established NI-43-101 mineral resources that include the Eagle's Nest Ni-Cu-Pt and Pd deposit and the Blackbird chromite deposit, Noront is committed to social and environmental responsibility in developing our projects in the Ring of Fire.
 Wesley (Wes) Hanson
President & Chief Executive Officer

BIG NEWS FROM CLF QUARTERLY $40m IN ROF 2011

For 2011, Cliffs is maintaining its SG&A expenses expectation of approximately $200 million. In addition, the Company expects to incur the following additional cash outflows:

--  Approximately $50 million to $55 million related to its global
        exploration activities;
    --  Approximately $40 million related to its chromite project in Ontario,
        Canada; and
    --  Approximately $10 million related to Sonoma Coal partner profit
        sharing, down from a previous estimate of $50 million due to lower
        anticipated sales volumes.

... In addition, Cliffs has a major chromite project, in the pre-feasibility stage of development, located in Ontario, Canada.

INVENTOR'S HOMESTEAD ON THE MARKET SOON

Well did my little $4.3M skill testing question get your brain working yesterday? Imagine, two pages of ‘rules’ attracting a cool $4.3M bid at an auction in late 2010.


Here’s a little hint as to the identity of the man who single handedly changed the landscape of America. Here's his picture.

I guess the ball and the two baskets are a giveaway.

Can you think of 2 pages, written by a Canadian, that were sold at auction for $4.34M

WOW,
Can you think of 2 pages, written by a Canadian, that were sold at auction for $4.34M. Another item owned by this person is now on the market. I'll provide the details in the next posting.

RN up to his old tricks?

Investment Industry Regulatory Organization of Canada - Trading Halt - Rencore Resources Ltd. - RNC

TORONTO, April 11 /CNW/ - The following issues have been halted by Investment Industry Regulatory Organization of Canada (IIROC):
Issuer Name: Rencore Resources Ltd.
CNSX Ticker Symbol: RNC
Time of Halt: 9:23
Reason for Halt: Pending News

They Sure Didn't use NOT to Get These Numbers!!!

Rosseau Managed Funds Ranked #1 and #2 Event Driven Hedge Funds in the World Over the Past 5-year Period

TORONTO, April 5 /CNW/ - Two hedge funds managed by Rosseau Asset Management Ltd. were ranked the #1 and #2 Event Driven Hedge Funds globally by BarclayHedge for the 5-year period ending December 31, 2010.  The G10-Rosseau Special Situations Fund was ranked #1 with a 5-year average annual compound rate of return of 33.95%, while Rosseau LP was ranked #2 with a 27.12% return.
Warren Irwin, founder and portfolio manager, is pleased to be recognized by an industry leader like BarclayHedge for Rosseau's achievements.  "In the past, we have received recognition for our returns in specific years, but to receive it for our longer-term record is especially satisfying.  Rosseau takes a long-term approach to investing and we look forward to working hard to ensure our solid returns continue over the next five years."
About Rosseau Asset Management Ltd.:
Rosseau Asset Management Ltd. is a Toronto-based money management firm that caters to high net worth and institutional investors globally.  Rosseau's objective is to maximize long-term capital appreciation through North American special situation and event driven investing, with an emphasis on Canada.  A core competency in fundamental research allows Rosseau to identify opportunities in corporate restructurings, turnarounds, bankruptcies, unique growth opportunities and other special situations.  Assets under management are in excess of $300 million.

What do Galen Weston Jr. and George Clooney Have in Common?

What do Galen Weston Jr. and George Clooney Have in Common?

Canadian poll finds them to be the most gentlemanly, successful men in Canada, and the world; survey also says Canadians are more gentlemanly than Americans

TORONTO, March 31 /CNW/ - Galen Weston Jr. and George Clooney are the epitome of modern gentlemen, according to Canadians surveyed in a recent poll. Of those surveyed, 35 percent thought Galen Weston Jr., executive chairman of Loblaw Companies Limited, was Canada's most gentlemanly, while actor and activist George Clooney was found to be the world's best modern-day example of a true gentleman, with 51 percent of votes.

The informal survey, conducted in Canada for the world-renowned Chivas Regal Scotch whisky, found that it's in good taste to be a modern gentleman. Canadians polled believed that true gentlemen enjoy more success and fulfillment from their careers (67 percent), their family life (89 percent) and their friendships (90 percent), than do other men. A resounding 91 percent of survey respondents also felt that true gentlemen are more attractive to the opposite sex.

RICK MERCER TO WRITE EXCLUSIVELY FOR MACLEAN'S

RICK MERCER TO WRITE EXCLUSIVELY FOR MACLEAN'S DURING 2011 FEDERAL ELECTION CAMPAIGN

TORONTO, March 31 /CNW/ - In 2000 Rick Mercer made international headlines when he persuaded then-presidential-candidate George W. Bush to answer his questions about Canadian Prime Minister Jean Poutine. Bush was not amused—but Canadians were.
So, as we gear-up for the election of a very real Prime Minister and federal government on May 2, the editors of Canada's weekly current affairs magazine are delighted to announce today that the country's best-known funnyman and political satirist will be writing an exclusive column for Maclean's.

Poised to invest in productivity gains and emerging market opportunities

CANADA'S BUSINESS SECTOR READY TO TAKE THE LEAD ON ECONOMIC GROWTH: CIBC

Poised to invest in productivity gains and emerging market opportunities
TORONTO, March 30 /CNW/ - Canadian businesses are poised to take the reins from government and consumers as the leading source of growth in the Canadian economy, finds a new report from CIBC World Markets Inc.
While governments, both federal and provincial, are now singing a tune of restraint and consumers are cutting back on spending growth, Canadian businesses are set to ramp up investments in new plant and equipment with a focus on expanding export opportunities.
"By any measure, the current recovery in capital spending is impressive," says Avery Shenfeld, chief economist at CIBC. "The real return on capital employed is rising and is now currently at just under six per cent-a full point above its long term average, and return on equity is now above 12 per cent."
The report notes that all three of Canada's heavy hitters of capital investment, the oil sands, utilities and the manufacturing sector, are expected to add significantly to capacity, ensuring that business investment remains a consistent source of support for the domestic economy, not just in 2011 but also in the coming years.
While the strong loonie is hurting exports from Canada's manufacturing sector, Mr. Shenfeld notes that the stronger currency is also playing a role in spurring investment in the sector.

LCBO PREDICTS TOP DRINK TRENDS FOR 2011

For those out there who need to be a trendsetter, this is hot off the press for you. This weekend, over cocktails, you can impress your friends (and foes) with your knowledge of what’s going to be hot this summer. You better run out and buy a case before it is all gone. Could it be that the LCBO margins on these items are better so why not herd the sheep over to those items? Tell me it ain’t so Dalton and Dwight, the Dalton Gang.

LCBO PREDICTS TOP DRINK TRENDS FOR 2011

TORONTO, March 30 /CNW/ - LCBO is showcasing what it believes will be the top trends in beverage alcohol this year during The Trend Report, a promotion taking place in all 616 stores throughout April. Premium vodka and spiced rum , blended and full-bodied red wines, summer refreshers like wheat beer and Pinot Grigio and practically anything local are poised to take centre stage this spring and beyond, according to LCBO.

"We've spent the winter talking to producers, attending tastings and looking at sales trends to see what's hot in wine, spirits, beer and ready-to-drink products," says Shari Mogk-Edwards, Vice President, Merchandising for LCBO. "We are now sharing our findings with our customers to help them discover new products, make informed choices and inspire them when entertaining and gift buying."

LCBO predicts: