G4G Resources

G4G Resources is a Canadian-based mineral exploration and development company focused on iron ore and iron production projects. On March 31, 2008, the Company announced the signing of an agreement with TCL Sweden Ltd., a wholly owned subsidiary of Teck Cominco Limited, for G4G to option eight mineral properties in the Norrbotten iron ore mining dis... trict of Sweden. On July 7, 2008, the Company announced a joint venture with Iron Mineral Beneficiation Services (Pty) Ltd (IMBS) to establish joint ventures to utilize FinesmeltTM technology, a process which converts iron ore fines into high quality iron units. On July 14, 2008, the company announced the formation of a strategic partnership with Crusader do Brasil Mineracao Ltda., a wholly owned subsidiary of Crusader Holdings NL, under which the companies will work together to acquire iron ore fines in Brazil as feedstock for the production of saleable iron units. A further area of focus is the alternative fuels arena utilizing the Fischer Tropsch (FT) process to convert gas, coal and biomass to liquid fuels. On August 13, 2008 G4G signed a memorandum of understanding with the University of Witwatersrand, Johannesburg, South Africa ("Wits") to work towards setting up a joint venture company which will commercialize the syngas to liquids production process that has been developed by the Centre of Materials and Process Synthesis (COMPS) situated at The University of Witwatersrand. The agreement is for the exclusive world wide rights to the FT technology developed by COMPS. Additionally, G4G is evaluating a number of other strategic growth opportunities to create and enhance shareholder value.Read More