It will be interesting to know which senior mining company(s) are lurking in the bushes. Won't be too long before they reveal themselves.

In today's Financial Post-Peter Koven article he wrote:

"With Cliffs moving on, Noront is again the province’s best hope in the area.

The Ring of Fire has become an election issue in Ontario, as it is viewed as a crucial economic opportunity for the North. Last month, the Liberals committed $1-billion to infrastructure development in the Ring of Fire and asked the federal government to do the same.

Officials hope that firm infrastructure commitments will convince more senior mining companies to invest in the region."

========================================================

From Jan. 7, 2014

"Nonetheless, Koven observes that if the province can get an infrastructure plan in place and resolve issues with First Nations in the Ring of Fire area, prospects for development in the Ring of Fire could “turn on a dime” in 2014.

Even if it doesn’t, however, some miners see the potential to start small with other projects in the area, and build out the infrastructure that could pave the way for larger operations: That is how Al Coutts, the chief executive of Noront Resources Ltd., sees it.

He understands the government’s desire to have absolutely everything mapped out before the first pile of dirt is excavated.

That would clear the way for Cliffs (or someone else) to build a giant chromite mine. But he thinks the region would be better served by opening a couple of smaller, manageable operations and getting a bit of success under its belt. -