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Pro-Or Mining Profile

Pro-Or Mining Resources was initially established in 1986 as a junior mining company whose main asset was the Menarik property in James Bay, which hosts the largest known chromite deposit in North America.

In 2000, Pro-Or’s involvement in chromite generated a business opportunity for the development of a new chromite processing technology, in collaboration with the Institut National de Recherche Scientifique (INRS). Since then, Pro-Or has invested close to $3 million in research and development that has led to the development of two new patented processes, one for the recovery of Platinum Group Metals (PGM) and the other for the production of UpGraded Chromite (UGC), primarily for use in the production of stainless steel. Pro-Or owns 100% of the rights to these technologies, both of which have the potential to transform current industry practices.

With these technologies, Pro-Or presently has three distinct areas of activity: the development and commercialization of its PGM recovery process, the development and commercialization of its UGC production process, and mining exploration.

Highlights

  • Pro-Or has signed a cooperation agreement with General Motors Corporation of Detroit, Michigan to help commercialize its patented technologies.
  • Pro-Or has signed an exclusive sales agreement with Amalgamet Canada, a specialist in the marketing of minerals, metals, chemicals and high purity materials.
  • Pro-Or was granted by the European Patent Office two worldwide patents for its technologies.
  • Pro-Or is now operating the small scale plant for the recovery of PGM and it is located in St-Augustin-de-Desmaures (Quebec).
  • Pro-Or signed a supply agreement with an European Company, of PGM-rich concentrates from recycled automobile catalytic converters.
  • Pro-Or signed a Chromite-enrichment technology purchase option and Exclusive usage License Agreement with FER-MIN-ORE of South Africa.

Last changed at 16-Apr-2009 01:29PM by Clavis