Established in 1980, Northern Ontario Business provides Canadians and international investors with relevant, current and insightful editorial content and business news information about Ontario’s vibrant and resource-rich North. Ian Ross is the editor of Northern Ontario Business ianross@nob.on.ca and this article is from the March, 2011 issue.
For an extensive list of articles on this mineral discovery, please go to: Ontario’s Ring of Fire Mineral Discovery
With massive mine, transportation and processing developments coming to Ontario’s Far North within the next few years, First Nation leaders were gathering in February to map out a strategic direction built on consultation with mining companies. Cliffs Natural Resources has aggressive timelines to start construction for its chromite mine, processing and transportation project in the McFaulds Lake area of the James Bay region by early 2013, with mine production by 2015.
Les Louttit, deputy grand chief of the Thunder Bay-based Nishnawbe Aski Nation (NAN), said “the timing is right” for First Nations to determine how best to gain the maximum benefits from resource revenues, future jobs and spinoff business opportunities from the mine development.
The political advocacy organization, representing 49 communities within northwestern Ontario and the James Bay Lowlands, gathered its membership in Thunder Bay in late February for an inaugural economic summit. They wanted to collectively identify what challenges are ahead, and what they want out of a future resource-based economy.