CANARAIL

China to carry out Ring of Fire railway study

Canadian mining company KWG Resources announced on August 22 that it has signed a framework strategic cooperation agreement with China Railway First Survey and Design Institute Group (FSDI) to carry out a bankable feasibility study for a multi-user railway linking mines in northern Ontario’s Ring of Fire region to a junction with Canadian National’s (CN) Winnipeg – Nakina – Sudbury main line at Exton.

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Quebec studies feasibility of open-access iron ore line

With China’s slowing economy depressing iron ore prices, this would seem an inauspicious time to build a third railway from tidewater to the interior wilds of the Labrador Trench. Nonetheless, to keep life in its grand plan to develop its vast north, the Quebec provincial government is contracting Montreal-based Canarail to report on the feasibility of a new 200-mile line from Sept-Iles on the Gulf of St. Lawrence due north to the high-grade ore deposited 200 million years ago when a sea of iron-rich magma burst through a rift in the earth’s crust.
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CANARAIL names Miguel Valero president

Montreal-based CANARAIL on Wednesday announced it had appointed Miguel Valero president, effective Aug. 8. Valero is based in the company’s headquarters. The company, specializing in feasibility studies, consulting, and the design and