A recent report may be good news for the development of the Ring of Fire. It also is a sad commentary on the state of affairs in Ontario and Canada. The report stated that representatives of a Chinese railway had visited the Ring of Fire with a view to connecting it to the nearest rail head.
They were invited or welcomed by KWG Resources, a mining company which is developing a property in the Ring of Fire. KWG has long argued that a rail link is much more essential than highway access.
The Ring of Fire may be the richest mineral deposit since the discovery of nickel at Sudbury and the founding of silver in Cobalt. It has the potential to create thousands of jobs with many opportunities for First Nations in the area.
Presumably the Chinese are capable of doing a good job, but so are companies from many other nations. Continue Reading →