http://www.huffingtonpost.ca/news/staking-claim/
Ontario’s mining minister says Ring of Fire negotiations are “productive and encouraging,” despite a series of setbacks including the exit of the biggest player, the federal government’s lack of commitment and turmoil in the global mining industry. At a press conference on Friday, Michael Gravelle had a clear message: Talks between government, industry and First Nations are moving ahead.
“No matter what else happens, we are determined to see the Ring of Fire go forward,” he said. But there were scant details on the project’s timeline. Development hinges on the success of talks between First Nations and the province over environmental protection, infrastructure, revenue sharing and social assistance.
The province is keen on pushing ahead as it eyes the royalties and jobs that could flow into Ontario’s Far North, where an estimated $60 billion in mineral deposits lie within the 5,000-square-kilometre track of land.
Transportation to market from the remote location has been one of the key sticking points that has prevented development so far. Gravelle announced Friday that consulting firm Deloitte will help guide a development corporation that will be responsible for infrastructure.