Archive | Ontario’s Ring of Fire Mineral Discovery

Locked and loaded: Chamber lobbies for Ring of Fire – by Carol Mulligan (Sudbury Star – September 27, 2016)

http://www.thesudburystar.com/

Lobbyists for the Canadian Chamber of Commerce have a powerful new tool to use to persuade the Government of Canada that developing the Ring of Fire should be high on the national agenda.

A resolution regarding the vast chromite deposits, submitted by the Greater Sudbury Chamber of Commerce, received 94.9 per cent support from more than 400 delegates at the Canadian chamber’s annual general meeting this month.

The resolution calls on the federal government to treat the Ring of Fire as a national priority, to work with governments, industry and community partners to forge agreements and build capacity with indigenous peoples, and to actively promote the Ring globally as a trade and investment opportunity. Continue Reading →

Chamber of Commerce resolution asks feds to lend more support to the Ring of Fire – by Staff (Sudbury Northern Life – September 23, 2016)

https://www.sudbury.com/

Resolution received majority support at the Canadian Chamber of Commerce AGM

The Greater Sudbury Chamber of Commerce has received majority support for a resolution it submitted asking the federal government make the development of the Ring of Fire a national priority.

The Greater Sudbury Chamber of Commerce submitted the resolution, called “Make the Ring of Fire a Priority of National Significance”, at the Canadian Chamber of Commerce’s Annual General Meeting and Convetion, held Sept. 17 to 19 in Regina. The resolution received support from 94.9 per cent of the convention’s more than 400 delegates, and has now become the official policy of the Canadian Chamber of Commerce.

“It was great to see our resolution about the Ring of Fire, a project located in Northern Ontario, be debated, voted on and successfully passed by delegates from across Canada and know that these delegates see this as a project of national significance,” said Tracy Nutt, chair of the board of the Greater Sudbury Chamber of Commerce, in a press release. “This clearly demonstrates that the Ring of Fire is not just a vital project for Ontario, but for the entire nation.” Continue Reading →

MAKE THE RING OF FIRE A PRIORITY OF NATIONAL SIGNIFICANCE  – SUBMITTED BY THE GREATER SUDBURY CHAMBER OF COMMERCE (September 2016)

Co-sponsored by the Thunder Bay Chamber of Commerce, the North Bay & District Chamber of Commerce and the Sault Ste. Marie Chamber of Commerce.

Issue

The Ring of Fire is a transformative project for Canada. Federal action is required to expedite the development of the Ring of Fire and ensure the economic and social potential of this nationally-significant, multigenerational project is realized.

Background

The Ring of Fire is a mineral resource rich area of approximately 5,120 km2 located in the James Bay Lowlands region of Northern Ontario. There are a number of First Nations communities in close proximity to the Ring of Fire. Since the early 2000s, significant deposits of copper, zinc, nickel, platinum, palladium, vanadium, and gold along with the first and largest deposit of chromite in North America have been discovered. Based on current projections, the Ring of Fire is estimated to hold more than $60 billion in geological riches (1) with deposits being significant enough to sustain activity for a century. (2)

The Ring of Fire is not a Northern Ontario or Ontario project but will have far reaching impacts across the nation. In the first ten years, the GDP impact outside Ontario will range from $2.1 to $6.3 billion; in the first 32 years, the GDP impact outside of Ontario will range from $5.8 to $16.8 billion throughout the country. Continue Reading →

[KWG Resources] How a junior mining company’s video featuring bikini-clad women spouting Ring of Fire facts became a cautionary tale for marketers – by Dave Burnett (Financial Post – September 14, 2016)

http://business.financialpost.com/

Dave Burnett is CEO of AOK Marketing, a Toronto-based firm that helps traditional offline businesses get discovered online

Here’s a cautionary tale for marketers everywhere. If somebody at your next marketing meeting suggests using two scantily clad young women to convey terribly mundane facts about mining — yes, mining — suggest they reconsider their chosen profession. Unless, as the chief executive or business owner, the idea was yours. In which case you need to heed the sage advice of your marketing team and change course before embarrassing your company.

Either approach might have helped prevent last month’s epic marketing failure by Canadian mining company KWG Resources. In it, two bikini-clad women share facts about the Ring of Fire, a mineral-rich area in Northern Ontario.

In a media interview, Frank Smeenk, CEO of KWG Resources, defended the video: “Attractive women attract eyes,” he said. “All junior companies trying to raise capital for exploration are always trying to figure out how to bring attention to their stories.” Continue Reading →

Ring of Fire could benefit from Laurentian University’s new Metal Earth project (CBC News Sudbury – September 8, 2016)

http://www.cbc.ca/news/canada/sudbury/

The mineral exploration community is welcoming news of a major mining research project. This week, Laurentian University announced it’s starting a seven-year initiative called Metal Earth.

The goal is to figure out more precisely where ore deposits are, making exploration less costly for companies. The president of the Sudbury Prospectors and Developers Association, Joshua Bailey, says it’s great to see more than $100-million being spent on mining research.

Bailey, who is also the vice-president of exploration with Wallbridge Mining and the head of the Ontario Prospectors Association, says there hasn’t been a lot of innovation in mineral exploration.

“A lot of the geophysics that we use was technology initially developed during World War 2, you know, looking for submarines and that sort of thing,” says Bailey. Continue Reading →

Ring of Fire will happen: CEO – by Carol Mulligan (Sudbury Star – September 8, 2016)

http://www.thesudburystar.com/

Franco-Nevada Corp. chief executive officer and president David Harquail is “absolutely convinced” a mine will be built in the Ring of Fire, but realistic enough to believe it may be a future CEO who benefits from it.

Franco-Nevada loaned Noront Resources Ltd. US$22.5 million last year, at 7 per cent interest for five years. That was in return for a 3 per cent royalty on the Black Thor chromite deposit and a 2 per cent royalty of all Noront’s property in the region with the exception of Eagle’s Nest.

Noront purchased shares of Cliffs Chromite Ontario Inc. and Cliffs Chromite Far North Inc., independently owned subsidiaries of Cliffs Natural Resources, which held mining claims in the Ring of Fire, for US$20 million. The remaining US$2.5 million provided Noront with operating capital. Continue Reading →

Northern Ontario cities chasing Noront’s ferrochrome smelter – by Ian Ross (Northern Ontario Business – September 6, 2016)

https://www.sudbury.com/

Four Northern Ontario cities have put the word in with Noront Resources that they would entertain being the host community for a ferrochrome smelter. Five Ontario cities, including four in Northern Ontario, have expressed interest in hosting a ferrochrome smelter for Ring of Fire developer Noront Resources.

“We haven’t excluded any sites yet, but it would be a brownfield site somewhere in Ontario,” said company president-CEO Al Coutts. “That’s our preference.” Coutts said they’ve been approached by “a number of parties” from Thunder Bay, Sault Ste. Marie, Timmins, Sudbury and Hamilton.

Factoring into the site selection process, he said, would be the availability of a skilled local workforce, having the electrical infrastructure already in place, and getting the power at the right price. “I like the concept of having something in Northern Ontario,” said Coutts. “Ultimately it’s going to depend too on what kind of power price agreement we can negotiate with the province.” Continue Reading →

Watay Power out to electrify Northwestern FN communities – by Ian Ross (Northern Ontario Business – September 1, 2016)

 

http://www.northernontariobusiness.com/

A First Nations-owned transmission company is the Ontario government’s developer of choice to hook up remote communities in northwestern Ontario to the provincial power grid.

Wataynikaneyap Power LP (Watay) was selected in late July to be the transmitter to build a 1,800-kilometre network to bring power to more than 10,000 people in 17 remote communities who’ve been reliant for decades on expensive and unreliable local diesel generation.

For the last eight years, Watay and its chair Margaret Kenequanash have been leading the charge to make the $1.35-billion project a reality. They’ve steadily grown their ownership base to 22 First Nation communities and skillfully recruited transmission specialists Fortis Ontario and RES Canada to join their consortium.

“I think it’s exciting that we’re able to bring clean energy to our communities and that we can move forward with the development that’s required to build the line,” said Kenequanash. Continue Reading →

The grandiose — but failed — 1960s plan by an Ontario war hero to settle a ‘second Canada’ below the Arctic – by Tristin Hopper (National Post – September 1, 2016)

http://news.nationalpost.com/

If things had gone Richard Rohmer’s way in the 1960s, the Canada of 2016 could have been home to as many as 70 million people. Canada would have had a GDP rivalling that of the United Kingdom and new highways, new railways and new metropolises, all built in the sparsely populated boreal forest region that Rohmer came to call “Mid-Canada.” He would even help to spawn an entirely new type of citizen: The hearty, winter-loving “Mid-Canadian.”

Rohmer — a lawyer and decorated RCAF Wing Commander — was leading a charge to build a “second Canada” on top of the old one. “It was a very simple concept; the country needed long range policies and plans for the future orderly development of this vast land that we have,” said Rohmer, 92, speaking by phone from his home in Collingwood, Ont. This wasn’t just some dashed-off 60s-era flight of fancy, either.

In its heyday, Rohmer’s Mid-Canada plan attracted the attention of a who’s who of powerful Canadians: Captains of industry, bank CEOs, labour leaders, scientists and Aboriginal leaders and the patronage of former Prime Minister Lester Pearson and the Governor General. Continue Reading →

Navigating the Ring of Fire road Map: We will lead the regional planning – by Chief Elizabeth Atlookan (NetNewsLedger.com – August 31, 2016)

http://www.netnewsledger.com/

Elizabeth Atlookan is Chief of Eabametoong First Nation.

Eabametoong First Nation – VIEWPOINT – Can we offer some clarity? It seems as though each Northern Ontario news service has obtained and shared slightly differing views on, or excerpts from, our recent All Season Community Road Study. This set of news stories emerged last week while KWG was also promoting their work towards a rail corridor study (no bikinis this time).

The reality is that our Community Road Study has always been for the purpose of gathering existing engineering and land use data for enabling informed dialogue among the 4 First Nation communities regarding options and priorities for road connection. It was explicitly intended to consider options for connecting communities together, and to Provincial highways; not industrial use of future corridors.

Most reports emphasize the length of time it has taken for ‘anything to happen’ in the Ring of Fire. Let’s be clear, the only mining project in the ROF currently under Ontario’s regulatory processes is the Noront Eagle’s Nest mine and associated infrastructure. Their Environmental Assessment filings were made in 2012, and the Terms of Reference for the EA were amended and approved by the MOECC in June 2015. Continue Reading →

Sudbury PoV: North wants results from Trudeau – Editorial by Don MacDonald (Sudbury Star – August 31, 2016)

http://www.thesudburystar.com/

Don MacDonald is the editor of the Sudbury Star.

In recent weeks, Sudbury and parts of Northern Ontario played hosts to Canada’s two most powerful Liberals. However, the way Premier Kathleen Wynne and Prime Minister Justin Trudeau were received is a study in contrasts.

Wynne came first, starting a weeklong visit to the region in Sudbury and finishing in Kenora. She visited more than a dozen communities and made a series of funding announcements, including $2.3 million to support film and TV production in Sudbury.

The money was nice, but she had little to say on getting the stalled Ring of Fire project started, and defended rising hydro costs. The Ring of Fire, and its massive mineral wealth, could one day be the key to getting new life injected into Northern Ontario’s economy. But the provincial Liberals seem content to study the project ad nauseam. Continue Reading →

Ring plan close: Noront head – by Carol Mulligan (Sudbury Star – August 29, 2016)

http://www.thesudburystar.com/

The Ontario government has most of the data it needs to inform a decision on the infrastructure it would be prepared to build and finance in the Ring of Fire, says the head of Noront Resources Inc.

The Ministry of Northern Development and Mines has the results of several studies — those commissioned by Deloitte and Hatch Mott MacDonald Inc., environmental and engineering studies done by Noront and a $785,000 joint federal-provincial community transportation corridor study conducted. It was conducted by Webequie, Eabametoong, Neskantaga and Nibinamik First Nations.

Alan Coutts, president and chief executive officer of Noront, said it’s up to the province to take those studies, look at what it would take to meet community and industry needs, and fine-tune them into a plan. Continue Reading →

As one Ring of Fire road study disappoints proponents, another surfaces – by Greg Klein (Resouce Clips – August 26, 2016)

http://resourceclips.com/

A 2013 expression of Ring of Fire optimism now sounds dispiriting: “With the support of the critical parties, planning and permitting for the main all-weather access road could be completed in 2014, and actual construction operations could commence in 2015.” That was the conclusion of a study commissioned by KWG Resources CSE:KWG three years ago but not published until August 26.

The company posted the 18-page “preliminary scoping exercise” on its website four days after CBC reported that a federally and provincially funded study on the same subject had been completed but not released. Although anticipated to herald a breakthrough, that study simply called for more study, the network stated. Moreover the report didn’t even consider a route to the proposed mining region, focusing only on connecting four native bands with a highway.

Release of the $785,000 report would be up to the four communities that led it, Ontario mines minister Michael Gravelle told the CBC. Continue Reading →

Road to Ring of Fire could cost up to $550-million – by Bill Curry (Globe and Mail – August 27, 2016)

http://www.theglobeandmail.com/

OTTAWA — A road connecting remote First Nations in Northern Ontario’s Ring of Fire region to the south would cost $264-million to $559-million, according to a government-funded study that reviewed a range of options.

The All-Season Community Road Study has not yet been made public, but The Globe and Mail has obtained a copy of the 147-page document, which is described as final and is dated June 30, 2016.

The $785,000 study was paid for by the federal and provincial governments. Ottawa and Ontario are considering options to address the needs of remote First Nations while also responding to the potential for major mining development in Ontario’s far north if the region is made accessible through a new road or rail line. Continue Reading →

Noront expands RoF land-holdings, outlines exploration and development strategies – by Henry Lazenby (MiningWeekly.com – August 26, 2016)

http://www.miningweekly.com/

VANCOUVER (miningweekly.com) – Northern Ontario-focused project developer Noront Resources has increased its position as the dominant land-holder in the prospective Ring of Fire (RoF) mining camp after closing the acquisition of 75% of MacDonald Mines’ claims in the region, the company said this week. Through the transaction, valued at about C$750 000, Noront has increased its claim blocks in the RoF from 375 claim units to 522.

Under the terms of the transaction, MacDonald has a 25% carried interest until a National Instrument (NI) 43-101-compliant resource has been issued on one of the properties, at which time MacDonald will have the option to convert the carried interest into a 1% net smelter return royalty.

Should MacDonald choose not to exercise its conversion right, Noront will be able to buy back MacDonald’s 25% interest for C$3-million, payable in cash or shares. If neither the conversion right nor the buyback right are exercised, the parties will form a joint venture to develop the properties. Continue Reading →