Ring of Fire News


What's up with the biggest thing happening in mining in NW Ontario?

Ring of Fire News – April 10, 2014

  • New face on the KWG board  KWG Resources Inc announces that its Board of Directors has resolved to increase its number to five and appoint Donald Alexander Sheldon, B.A.Sc. (1970 University of Toronto), M.A.Sc. (1972, University of Toronto), LL.B. (1974, Osgoode Hall Law School at York University), P.Eng. (1973, Association of Professional Engineers of Ontario) as a Director of the Company.   Mr. Sheldon is a mining securities lawyer practising at the firm of Sheldon Huxtable Professional Corporation in Toronto. He is also a professional engineer. Mr. Sheldon has been practicing corporate and commercial law for over 30 years with an emphasis on corporate finance and securities regulation. He is licensed to practice law in both Ontario and Alberta. He is and has been the director and/or officer of numerous other public corporations listed on Canadian stock exchanges ….”
  • Former PM mentions Ring of Fire as opportunity  Brian Mulroney says the country needs risk-taking leadership to get domestic oil and gas moving overseas, as well as a plan to work co-operatively and bring Canadians onside …. Mulroney pointed to the lack of a “concrete action plan and an enhanced spirit of partnership” in the Ring of Fire mining project in northern Ontario. Plans to develop the massive chromite deposit are on ice for now as First Nations, the provincial government and the federal government struggle to figure out how to develop the region, who should pay for infrastructure and how the benefits of the resource should be shared ….”
  • New timeline shows how many of what kind of mining, mining-linked jobs will be needed in NW Ontario The North Superior Workforce Planning Board has released Visual Timeline of Occupational needs and Skills demands in mining. This fluid resource tool was developed for the NSWPB’s recent study entitled Occupational Time Continuum in Mining. The tool will provide a timeline continuum of the projected occupational and skills demands in mining projects over the next ten years in Northern Ontario. At issue was firming up some of the projections for employment that have ranged from 2000 to as many as 50,000 jobs in the mining sector in the region. The NSWPB’s study was completed in collaboration with community partners including the Thunder Bay CEDC and Confederation College. ichael Gravelle, Ontario’s Minister of Northern Development and Mines stated “As the population ages and Ontario’s mining industry continues to grow, youth across the north will play a vital role, serving as the next generation of engineers, geologists, miners and skilled tradespeople. I applaud the work of the North Superior Workforce Planning Board for the development of this exciting new tool that will bring new light to the many career opportunities available across Ontario’s mining sector.” ….” – Occupational Time Continuum in Mining
  • Former Noront guy now with Goldeye  Goldeye Explorations Limited is pleased to announce that Richard Nemis will be joining its Technical and Corporate Advisory Board …. Mr. Nemis, a Sudbury native, graduated from the University of Ottawa and Osgoode Law School. He practiced in the fields of corporate, commercial and securities law. He founded Noront Resources Ltd. in 1983 ….”
  • NW Ontario municipal leaders talk mining  “Roads to Resources . . . Through Partnerships” will be theme of the annual general meeting of the Northwestern Ontario Municipal Association (in Fort Frances) April 23-25. NOMA executive director Kristen Oliver said the focus of the conference, which is expected to draw about 150 delegates from across Northwestern Ontario, will be on natural resources in the region, strengths, challenges, and where partnerships can be made to move forward into the future. For example, the keynote speaker will be Stan Wesley from the Wesley Group, who will focus on municipal-aboriginal partnerships. Meanwhile, Chantelle Bryson, of the law firm Weiller Maloney Nelson, will speak on the new regional governance model and implementation legislation that has been reached in Quebec between First Nations and municipalities, and whether the same can be done in Ontario—especially in regards to the “Ring of Fire” and other mining opportunities here ….” – NOMA conference page 
  • Ottawa and Queen’s Park made separate funding announcements on April 4 toward training Aboriginal workers for mining-related jobs in northwestern Ontario and the Far North. Federal Natural Resources and FedNor minister Greg Rickford announced in his home riding of Kenora that $5.2 million is going to Seven Generations Education Institute to provide training and work experience to 315 participants involved in mining-related programs in the Thunder Bay-Rainy River area. The money is coming through the federal Skills and Partnership Fund. Four other Aboriginal organizations and private sector partners are involved to bring the total project value to $11.4 million. Meanwhile the Ontario government invested $565,000 for training programs with the Kiikenomaga Kikenjigewen Employment & Training Services (KKETS) for First Nation communities located near the Ring of Fire. The announcement was made at a graduation ceremony for 45 Matawa First Nations participants involved in the Aboriginal Skills Advancement Pilot Program ….”
  • Given the depressed state of metal prices, they could be forgiven for feeling a little morose. But the Ontario Prospectors Association says it expects to attract more than 300 participants (Tuesday) and Wednesday to its annual Thunder Bay mines and minerals symposium. And the mood should be upbeat, despite price drops in key metals like copper and gold. “You get a bunch of prospectors, geologists and junior miners in one room and you can’t help feeling optimistic,” OPA executive director Garry Clark remarked Monday from his Thunder Bay office. “I think people are cautiously optimistic about the market’s ability to raise money for exploration,” Clark added. “The minerals (in the ground) aren’t going anywhere.” ….”
  • Commentary on why the Fraser Institute is wrong about suggesting privatizing First Nation mineral resources  “…. In other parts of the country where either outstanding claims exist or where aboriginal communities who signed treaties a century ago are demanding the status quo interpretation of those treaties be revisited, the federal and provincial governments are moving to acquiesce to those demands more than they are openly suggesting they should be ignored. Ottawa’s reaction to the Northern Gateway debacle? Beef up its attention to treaty negotiations in British Columbia. Ontario’s reaction to the Ring of Fire play? Enter into an unprecedented economic co-operation agreement with First Nations in the region. Just where in this picture are policy-makers seriously considering an end to entrenching aboriginal claims and instead asking the conversation to revolve around establishing private property rights instead? ….


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