HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: Ontario New Democrats want federal, provincial action on Ring of Fire

http://www.cbc.ca/news/canada/sudbury/ring-of-fire-mining-ndp-1.3476087

Ontario New Democrats want federal, provincial action on Ring of Fire

No new money announced in the recent provincial budget

CBC News Posted: Mar 04, 2016 12:49 PM ET Last Updated: Mar 04, 2016 12:49 PM ET

According to information from an Ontario Chamber of Commerce document, significant deposits of copper, zinc, nickel, platinum, vanadium, and gold have been found in the Ring of Fire region. The most promising discovery is the first commercial quantities of chromite in North America. Chromium extracted from chromite is used in chrome plating and alloying for production of corrosion resistant superalloys, nichrome, and stainless steel. (CBC)

Algoma-Manitoulin MPP Michael Mantha is pushing the provincial Liberals to take action on developing the Ring of Fire.

The Northern Development and Mines critic told CBC News the Liberals have promised to invest a billion dollars into the mining project since 2014, but said northerners are frustrated because they want stable jobs now.

"We keep hearing the government is developing a plan, to implement the plan and put the plan in action," Mantha said.

"It's time to move. It's time to create jobs for Ontario. It's time to bring prosperity to First Nations and into the entire province."

Algoma-Manitoulin MPP Michael Mantha says northern communities have already waited too long. (ontariondp.ca)

Mantha said the Ring of Fire will create long-term jobs in exploration, construction and skilled trades.

There was no new money announced for the project in the recent provincial budget.

"The government touts this as a once-in-a-lifetime opportunity," Mantha continued.

"But who's lifetime are they talking about? We are certainly not seeing the progress that communities, First Nations, [and] this province needs to see this development happen."

Meanwhile, Timmins James-Bay MP Charlie Angus has written to Natural Resources Minister Jim Carr in advance of the federal budget.

He's urging federal action to ensure the potential of the project is realized.

Share
New Message
Please login to post a reply