KWG Resources advances plan to form short line in Ontario (7/11/2011)


Last week, KWG Resources Inc. subsidiary Canada Chrome Corp. received formal acknowledgement from Ontario, Canada’s Registrar of Shortline Railways that the agency received its license application to construct and operate a short line in the province.

KWG Resources plans to build a 217-mile “Ring of Fire Railroad” line from a northern Ontario chrome deposit to Exton, Ontario. The line would be built along land owned by Canada Chrome, according to KWG Resources.

“We look forward to working with Ontario and its railway regulators on moving forward with our proposed Ring of Fire Railroad,” said Canada Chrome Vice President Bruce Hodgman in a prepared statement.

Source: Progressive Railroading Daily News