The city's mining czar says there should be no concern over the decision by Cliffs Natural Resources to delay production of its Ring of Fire chromite mine until 2017. John Mason says Cliffs has a good track record and is unlikely to walk away from the Northwestern Ontario project. Mason says the company has hinted that it may be ready to take on a partner in the venture and that could be a reason for the delay, which he calls acceptable.
Friday, November 9, 2012
Cliffs Delay "Acceptable"
The city's mining czar says there should be no concern over the decision by Cliffs Natural Resources to delay production of its Ring of Fire chromite mine until 2017. John Mason says Cliffs has a good track record and is unlikely to walk away from the Northwestern Ontario project. Mason says the company has hinted that it may be ready to take on a partner in the venture and that could be a reason for the delay, which he calls acceptable.