It came as expected: U.S. iron ore heavyweight Cliffs Natural Resources wants to after a successful transfer of power disconnect in the boardroom of its Canadian assets and thus also of its activities in the "Ring of Fire", one of the world's largest chromite deposits. More likely buyer is as expected KWG Resources Inc. (WKN: 891193). The management of the Explorer, which already has significant mineral rights in the region, had the transaction, according to a published yesterday articles negotiating with Cliffs. And: According to KWG's CEO Frank Smeenk you have the capital needed almost together already. Mains unclear at this yet where the money will come. So the money could partly come from an ongoing private placement in the amount of up to $ 10 million. May be conjectured also that the steel giant ThyssenKrupp something "help out" could. As in our initial presentation revealed that the Germans should be very interested in a joint project in the Ring of Fire. The newly burgeoning speculation is driving the stock: In a considerable volume KWG ended yesterday with an increase of 37.5% from trading on the Canadian national exchange.