NEW YORK Noront
Resources Ltd. has completed and released an environmental
assessment report for its Eagles Nest
nickel-copper-platinum project in northern Ontarios Ring
The report on the
Eagles Nest projects effect on the mine site and
surrounding area was initiated in 2009 to comply with Canadian
government guidelines. Toronto-based Noront has circulated
copies for comment to the Canadian Environmental Assessment
Agency and the Ontario Ministry of the Environment, as well as
making it available on its own website.
"Completion of a draft
(report) marks an important milestone for Noront," chief
executive officer Alan Coutts said in a statement. "We believe
that Eagles Nest will be the first mine developed in the
Ring of Fire and this brings us one step closer toward
achieving that goal."
Natural Resources Inc. announced in November that it was
suspending its own Ring of Fire chromite project due to its
"uncertain timeline and risks associated with the development
of necessary infrastructure" (
amm.com, Nov. 21).