NORONT CEO tells Sudbury audience ore could be mined from Eagle’s Nest by 2024
If all goes well, the first load of ore concentrate could be coming out of the Ring of Fire by 2024. But before that, a lot of variables need to be addressed. Most critically, government commitment to funding and permitting, as well as smelter selection and road construction.
Even then, Alan Coutts said Noront Resources has contingency plans for several scenarios. Even taking ore processing out of province, if need be.
He gave an audience gathered for the Sudbury chapter of the Canadian Institute of Mining’s annual Winterlude event an update on where the corporation is at in their plan on Feb. 21.
The overview included the history of the find, geological makeup, timeline of progress, road construction updates and their commitment to Indigenous partnerships.
The CEO of the mining corporation said the company is feeling confident about the Ring of Fire being open for mining, with the help of recent government commitments. He described the Ring of Fire as a 100-year opportunity, and the company has been doing its due diligence to ensure it is one that will benefit generations.
For the rest of this article: https://www.northernontariobusiness.com/regional-news/sudbury/confidence-abounds-over-ring-of-fire-development-1256510