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Ring of Fire News – October 27, 2012

  • How did Cliffs do in Q3?  “Cliffs Natural Resources Inc. has reported a sharp drop in third-quarter results from the like period last year amid a big decline in iron ore prices.  The Cleveland-based producer of iron ore and metallurgical coal said its net income in the quarter fell 86%, to $85 million, or 59 cents a share, from $601 million, or $4.15 a share, in the third quarter of 2011.  Revenues at Cliffs slid 26%, to $1.5 billion from $2.1 billion.  Cliffs said the drop in revenue primarily was driven by a 36% decrease in year-over-year pricing for seaborne iron ore. Because of the price decline, Cliffs has reduced its anticipated full-year income from continuing operations.   Due to the company’s revised outlook, Cliffs is decreasing its expectations for full-year 2012 cash flow from operations to $600 million, down more than half from its previous expectation of $1.3 billion. Cliffs said it’s maintaining its previously disclosed 2012 capital expenditures budget of $1 billion. “  Source Cliffs Quarterly ReportTranscript of media conference call between Cliffs execs and industry analystsmore in the excerpts summary linked at the bottom of this post
  • Cliffs Holds Environmental Assessment Open House in Thunder Bay  “Cliffs Natural Resources is hoping to have the environmental assessment on its proposed chromite mine in the Ring of Fire approved by mid 2014.  Still in the early stages of that EA, the resource development company held an open house Wednesday evening at the Airlane hotel outlining the assessment process and giving an overview of the project.  “We’re working to complete the provincial planning documents, which are called the terms of reference, and we’re starting to do the environmental assessment where we compare the existing environment with the projected project impacts,” said Jason Aagenes, director of environmental affairs for Cliffs Ferroalloys.  “We’ll also look at ways to reduce, eliminate or mitigate any negative impacts,” he added.  Cliffs have held a number of open houses in municipalities and First Nations across Northern Ontario during the process of trying to get the mine up and running, and Aagenes said they encourage the public to come out to get familiar with the project and offer their input.  Most of the questions they receive are about the environmental impacts of the proposed mine and the job opportunities available.  “The main purpose for open houses like this is making sure we have a fulsome and inclusive environmental assessment,” Aagenes said.  Cliffs is aiming to submit the EA by mid-2013 and hope its approved the following year.”  Sourcemore
  • Sudbury-area First Nation Working with Cliffs on Refinery  “Members of Wahnapitae First Nation regard plans by Cliffs Natural Resources to build a chromite smelter just 20 kilo-metres from their border as an opportunity.  But the president of the Canadian Aboriginal Minerals Association, a Wahnapitae First Nation member, says they also view the plant as a threat.  That’s why the First Nation, and the Canadian Aboriginal Minerals Association, are working with Cliffs on a baseline environmental review of the project, getting involved on the ground floor.  Hans Matthews has been a member of his First Nation’s Mining Industry Working Group for a decade and president since the beginning of the association, which will mark its 20th anniversary with a conference in Toronto next month …. Matthews made it clear this week that Wahnapitae First Nation hasn’t given its seal of approval to Cliffs’ plan to build a $1.8-billion processing plant next door at the former Moose Mountain Mine site, north of Capreol.  Members are getting as informed and involved as they can before deciding anything.  “We don’t want to be at the tail end of the research,” Matthews said in an interview this week. “We want to be at the front end of the research.”  In no way, said Matthews, has his community “indicated our support for the project until we both walk down the path together and review it.” ….”  Source
  • More on the “Save the Railway” Plan (1)  “The Ontario Northland Transportation Commission’s unionized workers have thrown their support behind a “New Deal” proposal that aims to revitalize the provincially owned agency while providing rail access to Ontario’s rich Ring of Fire mineral deposits.  The proposal would see ownership of ONTC’s rail and other assets transferred to a new ports authority that would be operated under the Canada Marine Act.  In a Monday release, the General Chairperson’s Association, which represents five ONTC unions, said about 530 current employees and a number of retirees endorsed the New Deal proposal at meetings last weekend in North Bay, Timmins, Cochrane and Englehart …. “  Source
  • More on the “Save the Railway” Plan (2)  Nipissing-Timiskaming Tory MP Jay Aspin mentions the idea in the House of Commons  “Northern Ontario Port Authority – Mr. Jay Aspin (Nipissing—Timiskaming, CPC):   Mr. Speaker, last Friday in North Bay, I was pleased to join the General Chairperson’s Association, the employees of Ontario Northland, and the municipalities and native councils of Northern Ontario to unveil a clear far-sighted proposal to develop a new federal port authority and a new deal for Northern Ontario.  The proposal will create jobs, economic growth and long-term prosperity. It will improve the transportation infrastructure of Northern Ontario and be funded by the wealth extraction of the vast mineral resources of the Ring of Fire.  This visionary proposal is all about Northern Ontarians developing long-term solutions for Northern Ontarians for the benefit of Northern Ontarians.  Indeed, I am proud to stand shoulder to shoulder with my friends, neighbours and fellow northerners to further this plan, which is crucial to the future of our region. In simple terms, a stronger Northern Ontario means a stronger Canada. We will all benefit from that.”  Source (Hansard)
  • Neskantaga Seeks Mediation over Mining, Transport Route in Ring of Fire  “Neskantaga First Nation is requesting mediation to resolve differences between the environmental assessment it wishes to see for Cliffs’ Ring of Fire mine, and the assessment process the company has proposed.  In a letter to Ontario’s Minister of Environment Jim Bradley dated Sept. 27, Neskantaga called on Bradley to refer Cliffs’ terms of reference to mediation.  “Our constitutionally protected aboriginal rights and title and treaty rights are not appropriately addressed in the terms of reference,” Neskantaga wrote. “Therefore, numerous fundamental issues of concern arise on the terms of reference as submitted. It is our strong view that these should be addressed in a mediation between Neskantaga and…Cliffs.”  Neskantaga’s legal council Greg McDade of Ratcliff and Co. LLP told Wawatay News that as of Oct. 19, the minister had not yet responded to the request.  Under Ontario’s Environmental Assessment Act, the minister has the ability to refer a terms of reference to a mediator if requested.   McDade said the decisions made at this point of the environmental assessment will determine how much conflict comes later in the process.  “The terms of reference really sets the stage for the whole environmental review,” McDade said. “First Nations have sought a seat at the table, arguing that they should be part of the decision making process. Unless that gets set up now, this environmental assessment cannot possibly succeed.”  Alex Blasko, special projects officer with the Ministry of Environment’s Environmental Assessment and Approvals Branch, said the minister is “carefully reviewing the request before making a decision.”  Blasko said the minister will take into account a number of factors in his decision, including the willingness of parties to participate in a mediation process, if there have been other attempts to resolve the matter outside of mediation and if the issues involved are clearly defined and negotiable.  Blasko added that the ministry “encourages proponents to consider all methods of resolving disputes and addressing outstanding concerns.”  “Comprehensive consultation is vital to the environmental assessment process and proponents must fully consult with the public and First Nations communities during the planning and development of a project,” Blasko said ….”  Source 
  • New Nishnawbe Aski Nation Grand Chief Harvey Yesno on Resource Revenue Sharing, Changes to the Mining Act  “In July of 1905, when the treaty commissioners began the process of securing signatures to the James Bay Treaty 9, Chief Missabay and his men at Mishkeegogamang signed the treaty only after he had determined that nothing but good was intended.  Resource development across the NAN territory (encompassing James Bay Treaties 9 and 5) will put the treaties to the test. The future for the families, people and communities of Nishnawbe Aski Nation is to participate in the economy and wealth that is contained within the lands and resources that surrounds us.  It has always been known by the people of NAN that one day Ontario will be on our doorstep because the place we call home holds tremendous value and potential.  However, today the Province of Ontario has made significant changes in terms of legislation and policy with the passing of The Far North Act, amendments to the Mining Act, and now engaging First Nations on the Renewable Energy on Crown Land Policies.  These mechanisms deal with the land, minerals and energy — all key factors in ensuring that Ontario is being positioned for growth, and perhaps what experts believe is the economic boom that will come out of the NAN territory.  It is the duty of the Crown — the governments of Canada and Ontario — to ensure that First Nations treaty and aboriginal rights, as well as the duty to consult, are addressed. The current approach encouraged by both governments for industry to be responsible for these matters is not acceptable …. Our treaty partners, Canada and Ontario, have it within their power to level the playing field and ensure that economic growth includes First Nations. A meaningful way for these governments to recognize their treaty obligations is resource revenue sharing. This would mean more to First Nations and the dignity of our people than any impact benefit agreement.   The 49 Chiefs of Nishnawbe Aski Nation each have a vision of the future for their communities. First Nations are invested in Northern Ontario permanently. The desire for our communities to succeed in business and provide a better future for our people is one of the most urgent pressures facing most chiefs today.  The result of true partnership and the test of our treaties — Canada, Ontario, First Nations and industry working together — will be what we call Implementation of the Treaty. It is living together here on this land as what was intended for all of us — to share in the benefits and prosper together.”  Source(op-ed also available here if “Source” link doesn’t work)
  • (Not Exactly Ring of Fire, but) Junior Mining Company Massively Underwhelmed at Changes to Mining Act Regulations  “Solid Gold Resources Corp. reports that new regulations obligating proponents to consult with potentially affected Aboriginal communities before conducting exploration activities in Ontario are scheduled to come into force on November 1, 2012.   “These rules result in a total transfer of all Natural Resources to the control of hostile third party governments. It is my opinion that Canadians must do everything possible to stop this ill-conceived race-based initiative”, stated Darryl Stretch, president of the company …. How could conflict resolution be fairly adjudicated by the government without fundamental legal definition engrained in statute? Debate in the legislature on bullying should fully canvass the government’s behavior in this case. It is plain that Ontario is mired in an impossible conflict and has proven itself incapable of non-biased action to protect Canada’s sovereignty and Solid Gold’s statutory right to access and to explore its recorded mineral claims without interference.   Mr. Stretch has accepted an invitation to speak on these and other matters, such as the Government’s “revenue-sharing scheme” at 10 AM, November 7, 2012 at the Ontario Prospectors Symposium in Sudbury, Ontario ….”  Sourcemore from the In Support of Mining blog

More open source information (excerpts from information monitored 1-26 Oct 12 (PDF) here. All information shared here in accordance with the Fair Dealing provisions (§29) of the Copyright Act. The blog is not responsible for the accuracy of the source materil, and inclusion of material doesn’t mean endorsement.

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Ring of Fire News – October 20, 2012

  • Minister of Natural Resources:  Premier Resigns & Prorogues Legislature?  No Problem for the Ring of Fire  “Natural Resources Minister Michael Gravelle moved to reassure residents …. After the premier’s resignation and the prorogation of the legislature Monday, Gravelle emphasized the province’s business will continue.  “Certainly, the government continues. The premier is still the premier, and ministers are still in place. We are clearly going through a very, very challenging time, in terms of our fiscal circumstances. Our work on the Ring of Fire will continue. With our minister, we are embarking on a three-year transformation plan. Some tough decisions have already been made, and there will be more that need to be made,” he said ….”  Source
  • Game Changer for Route to Ring of Fire, or Last Ditch Try by Railway Workers?  “A shocker of an announcement late this morning promises to shake up plans for Ontario’s Ring of Fire mineral zone and galvanize the push to develop infrastructure needed to tap into its rich economic potential.  The General Chairperson’s Association (GCA), which represents unionized employees at the Ontario Northland Transportation Commission (ONTC), has ripped the wraps off a proposal that would create a Ring of Fire rail line to “ship thousands of tons per day of chromite, nickel and other minerals and finished products to markets around the world.”  In an announcement in North Bay, the Association said its plan would revitalize the provincially owned transportation commission while creating significant new job and economic opportunities in the North.  “This is a new deal for Northern Ontario,” said GCA representative Brian Stevens. “Not only will we save transportation services and hundreds of existing jobs in the North, but our plan will also create thousands more jobs by providing access to the Ring of Fire.”  The GCA plan responds to the Ontario government’s spring decision to divest itself of the century-old ONTC; and it comes on the heels of the September 28 shutdown of ONTC’s Northlander passenger train service.  Under the proposal, ONTC rail and other assets would be transferred to a new ports authority, called The James Bay & Lowlands Ports Trustee Corporation, which would be operated under the Canada Marine Act.  This new Ports corporation would leverage the “significant investments” of ONTC employees in pensions, benefits and collective agreements to strengthen and ensure the economic sustainability of transferred operations. The Ports group would also invite assistance from provincial ministers “in accomplishing our plan while reminding them of their obligations and policy commitments.”  The group says its initiative has strong support from a wide array of key stakeholders, including First Nations, northern municipalities and unions. It said it is in advanced discussion with several of those stakeholders, including Canada Chrome Corporation ….”  Source (In Support of Mining blog) – General Chairperson’s Association news releasemore – more
  • KWG’s initial take on the proposal  “KWG Resources Inc. (“KWG” or “the Company”) (TSX VENTURE:KWG) advises that trading in its shares was halted for an announcement this morning by the General Chairperson’s Association (GCA), representing unionized employees at Ontario Northland Transportation Commission (ONTC).  The GCA has announced a revitalization plan for ONTC that includes the proposed construction of a rail link to the Ring of Fire mineral deposits in the James Bay Lowlands, where KWG has extensive claims.  The new railway will form part of the Ring of Fire mining infrastructure and will be located within mining claims held by Canada Chrome Corporation, a wholly owned sub of KWG Resources. The GCA’s proposal calls for the railroad and other assets of the provincially-held ONTC, along with the new Ring of Fire railway, to be transferred to a new ports authority to be operated under the Canada Marine Act.  Canada Chrome has made a significant investment to study and secure mining claims.  KWG intends to continue discussions with the GCA and other stakeholders to advance this initiative, with the goal of creating the transportation links necessary for mining to proceed in the Ring of Fire, and thereby deliver new economic and job opportunities in Northern Ontario. Other stakeholders involved in the discussions include First Nations communities and Nipissing-Timiskaming MP Jay Aspin ….”  Company news release
  • Some Other Things to Look For along the Route  “The place where a road to the Ring of Fire would cross the Attawapiskat River is full of cultural heritage for the people of Neskantaga First Nation, according to a Lakehead University professor.  Last month, Scott Hamilton, from the university’s department of anthropology, travelled to the site with elders from Neskantaga as part of an ongoing effort to document traditional knowledge.  “It’s a really important place on the cultural landscape.”  …. Hamilton said it appears the site was used regularly as a ‘village’ up until approximately the 1970s. But he said he also found what appears to be a section of a musket barrel, which would point to people using the area at least as long ago as the fur-trade era.  Hamilton said the elders from Neskantaga have “an enormous amount of information [about the site] that is very vulnerable to loss.”  “It is extremely important for large-scale environmental assessment both in terms of heritage values on the landscape but also ecologically sensitive areas,” Hamilton said.  “Where are the important fish-spawning places? Are they vulnerable to disturbance and damage from industrial development? What’s the baseline data of current ecological conditions before any transformation begins to occur? We haven’t any of that kind of information yet.”  Hamilton said no formal archaeology was done during his visit. He said he’s currently writing up a report for Neskantaga based on his field observations and conversations with elders.”  Source
  • President/CEO of the Leafs, Raptors Newest Noront Resources Director  “Noront Resources Ltd. is pleased to announce the appointment of Mr. Tom Anselmi to the Board of Directors of Noront subject to approval by the TSX Venture Exchange.  Mr. Anselmi is a professional engineer and is currently President and C.O.O. of Maple Leaf Sports & Entertainment (“MLSE”). A Toronto native, Mr. Anselmi graduated from Ryerson Polytechnic University prior to receiving a degree in civil engineering from the University of Saskatchewan in 1985.  Mr. Anselmi joined MLSE in 1996 as Vice President and Project Director for the overall development of Air Canada Centre. In 2004, he was appointed Executive Vice- President and Chief Operating Officer responsible for the business operations of the Toronto Maple Leafs, Toronto Raptors, Toronto FC and the Toronto Marlies, and in 2012 he was appointed President and C.O.O. Mr. Anselmi has been instrumental in establishing MLSE as one of the most successful sports and entertainment companies in the world.  Mr. Anselmi is a recognized community leader and focused on MLSE’s Team Up Foundation. The MLSE Team Up Foundation strives to improve the lives of kids byfunding the refurbishment of local athletic facilities and programs that support kids through sports and recreation.  Wes Hanson, CEO of Noront states: Iam very pleased Tom has agreed to join our Board. Tom understands what it takes to build a world-class business enterprise from the ground up. He realizes the importance of planning and teamwork and the importance of giving back to the communities where you operate” ….”  Company news release
  • More on the Group Keeping an Eye on the Proposed Chromite Plant near Sudbury  “There’s strength in numbers. That’s one of the ideas underpinning a newly-formed citizens’ group examining all aspects of the chromite smelting facility Cliffs Natural Resources wants to build near Capreol.  “People together are stronger than individuals,” Capreol resident Bob Johnson said. “The public have come here and said ‘Yes, these are the concerns that we have.’ They can’t be ignored, but individuals can be ignored.’”  bout 50 people gathered at the Capreol Millenium Centre Oct. 15 to learn about the new committee.  In the end, the group unanimously passed a mission statement to focus on ensuring the Cliffs plant, if it materializes, is safe and healthy and provides a net benefit for its workers, the surrounding communities and the environment.  Former Sudbury East NDP MPP and Capreol resident Elie Martel was elected chair of the committee, with Johnson as secretary and Black Cat owner and former Laurentian University professor John Rutherford as treasurer.  Martel said the idea for the committee started after he did a media interview where he talked about his concerns about the project’s potential environmental impact.  He immediately started receiving phone calls from concerned citizens. Then he realized that the environmental assessment process for the project is already underway.  “The more people we can get with skills and background, the better it will be, to make sure that when it’s built, if it’s built, it’s safe,” Martel said.  “We want it to be safe for the workers, safe for the community and beneficial to the community. That’s what it’s all about.”  He said his next step is to write a letter to Cliffs and to the Ministry of the Environment, telling them the committee has been formed, and asking them to keep the group informed.  They group also plans to be a presence at an upcoming Cliffs open house, which will take place Oct. 25 from 4-8 p.m. at the Capreol Community Centre ….”  Sourcemore
  • Thunder Bay-Fort William First Nation Ring o’ Fire Strategy Wins Award  “The Ring of Fire and NWO Mineral Deposits wins the Strategic Project of the Year and the Job Creation Project of the Year Awards at the 4th Annual North American Strategic Infrastructure Leadership Forum in Denver, Colorado on October 16, 2012. The Forum is being held on October 15 to 17, 2012, with over 500 executives from the public and private sector in attendance. The Forum is a 2 ½ day conference, focused on infrastructure development in North America, designed to create business opportunities and promote projects across the region, as well as showcase the cities, states and provinces with the most innovative infrastructure plans. This annual event draws international investors, engineers and developers.  The Strategic Project of the Year award is the most prestigious prize awarded. The award is for projects which will generate a giant stride in a country or region’s productivity and/or competitiveness.  The Job/Opportunity Creation Project of the Year is for projects that will create the greatest number of jobs and/or businesses over the lifetime of the project. This award tabulates direct, indirect and induces job creation, over the 20 to 30 year life of the project.  Winners were announced yesterday afternoon at the Forum. Top projects are chosen by a jury of forum sponsors, with a wide representation across geographies and sectors …. “  Sourcemore
  • Update on Proposed New Institute to Bring First Nations, Mining Experts Together  “…. Geology professor Peter Hollings …. said Lakehead has no intentions of duplicating what Sudbury’s Laurentian University offers in mineral excavation expertise.  The institutional model that’s emerged so far involves three streams of overlapping research in mineral exploration, the environmental side (both assessment and remediation) and First Nations studies.  Hollings said Lakehead is well-positioned to make this happen with a number of faculty in geography, natural resources management, chemistry, biology, anthropology, education and engineering.  There will even be a role to play for Lakehead’s new law school, starting in September 2013, which will produce graduates specializing in natural resources and First Nations law.  The institute’s concept must still pass muster with the university senate, but Lakehead president Brian Stevenson and academic vice-president Rod Hanley are its biggest champions.  “There’s a huge push to have this happen,” said Hollings. “One of Brian’s passions is First Nations engagement and there’s a recognition that bringing these two parties together and resolving some of the challenges is a huge way to advance things in Northern Ontario.”  Stevenson worked on a similar initiative at the University of Alberta supporting that province’s energy industry that created a dozen research chairs.  Hollings said there is enough activity in the northwest to create chairs in mineral exploration – specializing in gold and nickel-chromite and on First Nations community engagement that will help flow research dollars.  Hollings hopes to make a formal announcement that the institute is a go by Christmas or possibly make a splash at the annual Prospectors and Developers Association of Canada’s conference in Toronto next March.”  Source
  • Interesting List o’ Participants in 30 Oct 12 Toronto Conference on Mining & Aboriginal Consultation  “On October 30, 2012, (lawyer) Neal Smitheman will co-present on the topic titled “Critical Update – The Evolution of Consultation in Action: the Ring of Fire, Northern Gateway Pipeline, and Miners United”.”  Source – Others listed as taking part in the workshop in question include Chief Cornelius Wabasse, Webequie First Nation; Melanie Paradis, Manager Natural Resources & Aboriginal Affairs, NATIONAL Public Relations; Jody Whitney, Manager, Aboriginal Consultation and Regulatory Compliance, Enbridge Pipelines (more in agenda here).

More open source information (excerpts from information monitored 7 Sept-19 Oct 12 (PDF) here. All information shared here in accordance with the Fair Dealing provisions (§29) of the Copyright Act. The blog is not responsible for the accuracy of the source material, and inclusion of material doesn’t mean endorsement.

Filed under: Uncategorized

Ring of Fire News – October 13, 2012

  • CBC Claim ….  “CBC News has learned Cliffs Natural Resources is not locked into its decision to build a smelter near Sudbury.  Documents obtained through Freedom of Information reveal the American company’s plans to shop around for the best deal on electricity prices and tax rates.  In an e-mail to his colleagues, Bill Thornton with the Ministry of Northern Development and Mines recapped some “confidential highlights” from a 2011 meeting with Cliffs.  “Not mentioned in the document [Cliffs’ base case] is the fact that Cliffs will also examine whether other jurisdictions outside of Ontario offer better costs (sic) advantages for locating their ferrochrome production facility.”  Minister of Northern Development and Mines Rick Bartolucci has said the province is taking advantage of the Ring of Fire deposit to further open up economic opportunities in northern Ontario. Earlier this year, the province signed a deal with Cliffs to locate its smelter in Sudbury, Ont. But ministry officials now say the details still aren’t finalized. A slide from a Minister’s office briefing from Dec. 16, 2011 labelled “confidential draft for discussion” said: “Cliffs base case scenario has identified a potential site north of Sudbury (Capreol) but intelligence suggests that Quebec has been aggressively lobbying for a site near Becancour where there is an existing industrial complex supporting aluminum production.” ….”  Source    (Ed. Note:  notice that as of this post, CBC is not sharing the document, giving no sense of what else is there, and that the Ministerial briefing material is dated ~6 months before Cliffs announced their Sudbury decision – and told the Mayor of Royun-Noranda that the processing facility was not going into Quebec, here in French and here in Google English)
  • …. and Cliffs Counterclaim  “A CBC News report claiming that Cliffs Natural Resources ‘is not locked into its decision’ to build a smelter near Capreol is just plain wrong, the company says.  “That is an inaccurate report out of CBC,” Patricia Persico, a Cliffs spokesperson, said in a release. “If you read the article, it is referencing 2011 discussions.  “At that time, Cliffs was exploring various locations in Ontario and Quebec. We made the announcement in May 2012 that our decision for the ferrochrome processing facility will be in Sudbury.  “I hope this clears up the confusion and inaccurate report issued today.” …. a spokesperson for Northern Development and Mines Minister Rick Batolucci, said the CBC story appears to be based on outdated information.  “The information they used was from an FOI request from 2011, at which time Cliffs had not made their decision,” Laura Blondeau said. “So yes, in 2011, Cliffs had not decided … but then on May 9, 2012, they announced that their location was Sudbury.  “I hate to say it was an error, but it’s not accurate.” ….”  Source
  • MORE Cliffs Analysis!  “It has been an ugly few months for the steel industry, as prices have dropped considerably on worries about a slowdown in China. The one stock I hold connected to the sector is Cliffs Natural Resources (CLF). The stock has vastly underperformed the market over the last three months (see chart). However, it is having its best day in the market in three weeks today on an uptick in steel prices. The stock may have reached an inflection point and should be considered by aggressive, contrarian investors ….”  Source  – moremoremoremoremoremore
  • NDP MPP for Kenora to Pull a Rabbit Out of a Hat for the Ring of Fire?   “…. The area known as the Ring of Fire possesses billions of dollars of economic potential that can help bring new prosperity to our region. This is in addition to the opportunities that appear on the horizon in many communities across Northwestern Ontario. The key to unleashing this potential is making the right decisions.  It’s about ensuring that the Ring of Fire is serviced by an East-West access corridor that will link many of our communities to economic benefits. It’s about ensuring that the resources that are extracted in our region are also processed in our region.  In the coming weeks I will be bringing forward my first Private Members’ Bill as a Member of Provincial Parliament. The goal of this bill will be to unlock some of this potential and to open up opportunities for communities across the north.  Before it is debated at the end of November, I will bring the draft bill forward for your input and suggestions. As I have said many times, we can make a difference as long as we work together ….”  Source
  • More Reaction to Changes in Ontario’s Mining Act  “Changes to century-old mining rules in Ontario could mean delays and added costs for hundreds of explorers in a $1 billion industry that provides a crucial source of new deposits for global metal producers ….”  Source  – more

More open source information (excerpts from information monitored 14 Sept – 12 Oct 12 (44 page PDF) here. All information shared here in accordance with the Fair Dealing provisions (§29) of the Copyright Act. The blog is not responsible for the accuracy of the source material, and inclusion of material doesn’t mean endorsement.

Filed under: Uncategorized

Ring of Fire News – October 6, 2012

  • Ontario’s New Mining Act Changes Kicking In 1 Nov 12 ….  “Ontario is modernizing the way companies stake and explore their claims to be more respectful of Aboriginal communities and private landowners. New rules under the province’s Mining Act include:   New requirements for notifying private landowners and consulting with Aboriginal communities potentially affected by proposed exploration activities; New tools to help protect sites of Aboriginal cultural significance; An awareness program for prospectors about the Mining Act changes; More ways to keep mining claims in good standing; and New early exploration requirements to help minimize the impact on the environment. The rules were developed in close partnership with industry stakeholders and Aboriginal representatives and take effect on Nov. 1, 2012. These changes will help ensure that mineral exploration and development in Ontario continues to occur in a balanced, socially and environmentally responsible manner ….”  Sourcemoremoremoremore
  • ….. and some Aboriginal Leaders aren’t Happy  “The Anishinabek Nation has concerns with the proposed changes to the Ontario Mining Act regulations that are to be in place November 1, and argues that it has not been adequately or meaningfully consulted or accommodated in their preparation. “Anishinabek are in separate discussions that will affect how these regulations are interpreted and how they may change, based on our own process,” says Lake Huron Regional Chief Isadore Day of Serpent River, who holds the Lands and Resources portfolio for the Anishinabek Nation leadership council. The Anishinabek Nation is especially concerned with the revised Mining Act’s proposed “Consultation and arrangements With Aboriginal Communities at Early Exploration” changes. “The Union of Ontario Indians has analyzed the proposed regulations and determined that the majority of concerns identified in the 2009 Anishinabek Mining Strategy and the 2010-11 Regional Engagement Sessions have not been addressed and that our Aboriginal and Treaty rights may be significantly impacted by proposed regulations,” says Chief Day. “A bilateral table and process is being established between Grand Council Chief Patrick Madahbee and the Minister of Northern Development and Mines. This will look at three main areas – Mining and Mining Act matters, Northern Growth Plan and the Northern Ontario Heritage Fund issue.” ….”  Sourcemore
  • Environmentalists Continue to Call for Regional Approach to Ring o’ Fire Development  “Environmental organization CPAWS Wildlands League is hoping pressure from people across Canada will convince the Ontario government to refocus its involvement in the Ring of Fire. CPAWS kicked off its latest campaign in Toronto in September with a series of media advertisements geared at the Ring of Fire. The goal is to convince Ontario to create a regional plan for development in northern Ontario’s mining sector, said CPAWS spokesperson Anna Baggio. “For many years now we’ve been hoping (the government) would do some sort of regional planning in regards to the Ring of Fire,” Baggio said. “We’re very worried – I don’t think they have a plan for the region. Instead, the development is happening in a piecemeal way, where everyone’s got their own little part of it.” ….”  Source
  • First-Nation-Owned Powerline in NW Ontario Might Help Ring o’ Fire???  “Planning for a northern transmission line that will connect remote First Nations of northwestern Ontario to the southern electricity grid took a big step forward last week, as the steering committee of Wataynikaneyap Power met with the Ontario government and released its Environmental Assessment notice. The meeting between Wataynikaneyap and three provincial ministers marked a milestone in the estimated $1.1 billion project, as Phase 1 – upgrading the existing transmission line to Pickle Lake and running a line to the Musselwhite mine – gets closer to reality. “It’s not going to happen overnight, there are lots of logistics and regulatory requirements, but this (transmission line) has been a priority determined by the communities that want their energy issues addressed,” said steering committee member Margaret Kenequenash. Wataynikaneyap plans to be a 100 percent First Nations owned and operated company, with revenue from the transmission line going back to the communities that are part owners of the company. So far 13 First Nations have joined the company. Kenequenash said the plan has Phase 1 construction starting sometime in 2014. Phase 2, which involves connecting communities through a central transmission loop from Pickle Lake, is expected to start sometime in 2015 …. Wataynikaneyap is considering extending the transmission line west to Red Lake and east to the Ring of Fire to make the power available to the mining developments in those regions.”  SourceAbout Wataynikaneyap PowerEA documents
  • “Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today said it intends to announce unaudited 2012 third-quarter financial results after the U.S.-market close Wednesday, Oct. 24, 2012 ….”  Source
  • More Mentions of Cliffs in Stock Alerts (Mostly Good)  Sourcemore
  • A Few Concerns About the Proposed Cliffs Operation near Sudbury  “A group of concerned citizens, comprised of people who are all “pro-Cliffs,” will hold a public meeting Oct. 15 in Capreol to strike a formal commitee to hold the company’s and government’s feet to the fire on the issue of environmental health and safety. Retired mining health and safety activist Homer Seguin said half a dozen citizens, including former long-time New Democrat MPP Elie Martel, have been meeting to discuss Cliffs Natural Resources’ plan to build a ferrochrome processing plant north of Capreol. “We’re pro-Cliffs,” said Seguin, “because the jobs are welcome. But first and foremost comes safety.” ….”  Source

More open source information (excerpts from information monitored 7 Sept – 5 Oct 12 (52 page PDF) here. All information shared here in accordance with the Fair Dealing provisions (§29) of the Copyright Act. The blog is not responsible for the accuracy of the source material, and inclusion of material doesn’t mean endorsement.

Filed under: Uncategorized

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