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#RingOfFire (#RoF) News – May 1, 2017

  • Ring of Fire mentions in Ontario’s latest budget?   More on that:  “The Conservative’s finance critic has slammed the Ontario budget, saying it proves the governing Liberals have given up on Northern Ontario.  Vic Fedeli said the budget … includes a $70-million cut to Northern Development and Mines and the $1 billion promised for Ring of Fire infrastructure has mysteriously disappeared.  “The Ministry helps to establish mining operations all over Northern Ontario, creating good well-paying jobs that help to grow our Northern economy — obviously not a concern of this government,” Fedeli said.  “It came as a serious shock to see that this year’s budget removed all mention of the Ring of Fire. After three years of promises the Wynne government has completely abandoned this critical mining project,” Fedeli said …” – more (North Bay Nugget) – more (Northern Ontario Business) – more (Sudbury.com)
  • Municipal leaders still thinking about Ring of Fire, too “The Northern Ontario Municipal Association (NOMA) annual conference got started at the Victoria Inn Wednesday, despite bad weather and low attendance. Ontario Premier Kathleen Wynne, who was scheduled to attend for a question and answer session, missed the event due to a flight cancellation … As for the Ring of Fire mining area, (NOMA president & mayor of Kenora David) Canfield said NOMA’s perspective is that northern communities need to be connected. He referred to a study by the Northern Policy Institute, that explored why so many of the First Nation communities in northeastern Ontario were doing better than those in Northwestern Ontario.  “These (northeastern Ontario communities) are connected,” said Canfield. “They have roads and they have infrastructure that allows them more opportunities. I think that the provincial and federal governments have to concentrate on connecting (remote) communities.”  Canfield said the Ring of Fire will come naturally when the commodity prices and needs are there.  “If you already have the infrastructure in place, it will happen and it will happen immediately,” he said. “Without the infrastructure in place, it’s nothing. We told the opposition party to stop talking about the Ring of Fire and start connecting the communities.” “
  • Ontario’s mines minister: it’s still in play  “Ontario’s Minister of Northern Development and Mines says the province is still committed to the Ring of Fire mineral development area  — even though it’s not mentioned in this year’s budget.  The government hasn’t backed away from its pledge of $1 billion in infrastructure spending to support mining in the mineral-rich region in the James Bay Lowlands, Bill Mauro   The province first made the promise in 2014.  Members of the opposition have questioned whether it’s absence in this week’s budget means now backing down from its commitment.  “I would suggest that those that are putting that criticism forward are headline-grabbing,” Mauro said.  Mauro also countered opposition concerns that the government had cut the budget of the Ministry of Northern Development and Mines …”
  • Some fed politicos, too, say it’s not forgotten“The federal government is reaffirming its commitment to the Ring of Fire.  FedNor Minister Navdeep Bains made the commitment while in North Bay.  Nipissing-Timiskaming MP Anthony Rota says although the feds still support the chromite project, there’s a process to follow.   Rota says the project is coming together, and as long as people are willing to keep talking, the project is moving in the right direction.  The Ring of Fire can create about 5,000 jobs and is expected to generate $2 billion in tax revenue.”
  • More on the upcoming road trip to China “Bruce Achneepineskum is heading to China next month to hear about a $4-billion plan that includes building a rail line to the Ring of Fire through his community’s traditional territory.  The Chief of Marten Falls First Nation, a remote fly-in community of 770 registered people of which only about half live on the remote Northern Ontario reserve, says he’s interested in the latest overture from a small mining company with big plans …” – more on China investment, trip (Northern Ontario Business)
  • Meanwhile, a bit of corporate governance biz dealt with @ KWG “KWG Resources Inc. is pleased to announce that it has received approval to list its multiple voting shares on the Canadian Securities Exchange …”
  • #RoF info session slated for the Soo later this month “The Chamber of Commerce and Economic Development Corporation will be hosting a presentation on the Ring of Fire.  Alan Coutts, president and CEO and Stephen Flewelling, CDO of Noront Resources Ltd., will explain the current status of Noront’s Eagle’s Nest Project, the scale of Eagle’s Nest and future chromite projects. Business opportunities, employment and the impact on communities and the province will also be discussed …”
  • … and in North Bay “The Ontario Society of Professional Engineers (OSPE) in cooperation with North Bay Mining Week, MIRARCO Mining Innovation, and Professional Engineers of Ontario (PEO) North Bay Chapter presents:  Spark the Fire – Realizing the Untapped Potential of Ontario’s North — Ontario’s Ring of Fire represents a $60-billion multi-generational economic opportunity, arguably the world’s most promising mineral development project in more than a century. However, this potential is shrouded by both technical and societal challenges, multi-level political decision-making, dynamic risks, and palpable uncertainty.  The scale and complexity of these challenges makes the Ring of Fire a mega-project. As born problem solvers, it is time that Ontario’s engineers ask themselves:  How can engineers spark the fire and help realize the untapped potential of Ontario’s north? …”

 

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