So the prospect of a ferrochrome processing facility locating here has prompted a local group to mobilize an opposition effort. Members of the opposition group suggested that Mayor Provenzano’s comments that the team developing the proposal to be the potential host site have hit a home run was the motivation that rallied their troops to speak out in opposition.
With the Ring of Fire’s new access road development plans moving forward, as a result of the Ontario government working together with three northern First Nations bands, the rich mineral deposits in this James Bay region may now have a viable way out.
Chromite, nickel, copper, and platinum are present at this site, and may potentially be one of the richest deposits found in a very long time. Financial forecasts of the deposit’s value are in the 30 billion to 60 billion range. This is certainly a game changer for that northern region, and a potential major economic generator for all of Ontario. Continue Reading →