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Ring of Fire: burning down a rare economic opportunity – Exchange Magazine
by ahnationtalk onJune 15, 201768 Views
It’s often said that successful First Nations must operate at the speed of business, not the speed of government. That certainly applies to First Nations affected by the Ring of Fire mining proposal.
Long delays and lack of communication between governments and the nine First Nation communities involved have plagued efforts to establish mining of largely chromite deposits in the region 500 km north of Thunder Bay.
A central bone of contention is the construction of an all-season transportation corridor to get the mined ore to plants in northern Ontario where it can be refined. In late May, Ontario Premier Kathleen Wynne told a Chamber of Commerce meeting in northeastern Ontario that movement on an infrastructure plan should come in “weeks, not months.”
But even if the necessary infrastructure gets built, development of the region’s minerals is not a given, as uncertainty from aboriginal consultations continues to discourage investment.