Canada\u0027s natural resources minister delivered a muted message at the PDAC mining conference about Ontario\u0027s hyped Ring of Fire. Read on.
“People get very very focused on one, when there are so many others that do not necessarily have as many challenges as the Ring of Fire does,” Wilkinson said on the sidelines of the Prospectors & Developers Association of Canada convention in Toronto on March 7. He said there are a range of critical minerals projects across Canada where deposits are a lot more “proximate to communities and the infrastructure challenges are not as significant.
But the minister said there are several hundred projects that are “being considered right now” and the Ring of Fire is just one of them.Ford is more enthusiastic. The Ontario government is confident that the 5,000-square kilometre region has a “multi-generational potential” to contain mineral deposits that will see increasing demand as countries seek to shift away from fossil fuels.
To help mining projects in the Ring of Fire region and other areas of Ontario develop faster, Ford’s government proposed changes to the province’s mining act last week. The changes would give the province’s mining minister more power to make decisions linked to the permits required by miners to explore deposits and build mines. They would also update the mine closure plan that miners must submit before they can begin construction, a process that takes several years.
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