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 of Fire.
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."
Cleveland-based Cliffs 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).