HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Cliff's announces capital plan
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"Cliffs now anticipates an expanded project annually producing 1 million tons of export chromite ore concentrate in addition to the original 600,000 tons of ferrochrome"

World production of chromite in 2008 was 24-million tons, according to the International Chromium Development Association.

About 3,4-million tons of ferrochrome was produced in South Africa last year (2008) out of a total of eight-million worldwide

http://www.miningweekly.com/article/chrome-output-must-rise-50-in-next-decade---enrc-2009-11-10

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