Ring of Fire Deal Looming Between Feds and Mushkegowuk Council

netnewsledger.com
Posted 24 January 2015
By: James Murray

The Ring of Fire Presents Huge Opportunity for Ontario.
The Ring of Fire will impact First Nations in Northern Ontario.

THUNDER BAY - There appears to be action in the Ring of Fire. Federal Minister of Natural Resources Greg Rickford and the office of Prime Minister Stephen Harper are reported to be looking to make a deal with the M Council that would see chromite shipped north to the James Bay coast.

The Mushkegowuk Council and TGR Rail Company area unit making ready a joint purchase of the Ontario Northland Railway, which has a railine between North Bay and Moosonee.

If the deal continues forward, it would open the project to an east-west rail line.

Prime Minister Harper was recently lobbied by Ontario Premier Kathleen Wynne to set up a meeting. The Ring of Fire, which has been in the past looked upon as a major mining project in Northern Ontario worth potential billions of dollars has seen efforts in recent months, slowed down.

The Ontario Government has announced a Development Corporation, but while talks between Ontario and Matawa First Nation have continued, there has been no major progress forward.

Premier Wynne has placed much of the blame on the federal government after the Ontario government pledged $2 billion for the project.

There is no word yet on existing development efforts in the Ring of Fire that involve KWG Resources, Noront Resources, or Cliffs Natural Resources.

Developing…