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He has talked to a number of the companies, including Cliffs, but can provide details of the options they discussed.
Doubts about Ring of Fire development
seeing very little action in the Ring of Fire, Miller told me.
need to assess what the right decision moving forward, recognizing that the province does have Nike Lebron 12 Ext Red Paisley a significant role to play related to infrastructure investment and we are committed to this project, Gravelle said.
rough cost estimates for the road Nike Zoom Rev 2017 Price
There have to be a massive investment in infrastructure to get the chromite out.
Provincial Mines Minister Mike Gravelle said the project is vast but complex.
Maintenance costs on the road will be high probably bankrolled by Ontario taxpayers.
But there a battle going on about how to do that.
will acknowledge that I am feeling the pressure and we recognize clearly how important infrastructure is on a project like this, he said.
But the area named for the Johnny Cash song isn just about chromite. It the province jewel box. In addition to chromite, there palladium, platinum, nickel, diamonds and gold.
is $1 billion, and $2 billion and change for the railroad. The road will largely serve Cliffs and not have the capacity to deal with major new developments in the region, he said.
Geologists say the Ring of Fire mineral value could easily double, he reports.
Increasingly, though, there are doubts it will ever be developed.
Ring of Fire is the richest new Canadian mining discovery in over a century, he told me.
continue to tout it was one of the greatest multi generational economic development projects in the last 100 years, he told me.
The Ring of Fire, a massive ore rich but remote part of northwestern Ontario, is estimated to be worth as much as $60 billion in economic development.
even have stories about some of the bigger players considering whether they even going to stay there and I think it is a sad state of affairs, he said.
The geography of the area makes development difficult. It is very remote with no roads or rail line.
There a tantalizing promise of jobs especially for the many First Nations in the Nike Zoom Clear Out Review
working in the region have different visions for development.
the railroad will be able to handle the predicted expansion of this mining camp for all companies, have significantly lower maintenance costs as well as link First Nations communities with short feeder roads, he said.
First Nations communities are largely supportive of this development as long as it done in an environmentally sustainable manner, provides training and jobs. And they want revenue sharing agreements worked to benefit impoverished communities, he said.
The logistics are daunting.
Sudol believes a railroad makes the most long term sense.
But it the chromite that attracted the interest of mining companies.
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Tory mining critic Norm Miller countered the province is doing nothing.
Stan Sudol, a Toronto based communications consultant and Sudbury Star freelance mining columnist, points to Ministry of Northern Development and Mines figures that peg the collective value of these massive chromite deposits and nickel, copper, platinum mines at about $60 billion. That could just be the start, he says.
One of them, KWG, wants a railroad. Another, Cliffs Natural Resources, prefers a road a plan recently rejected by the province mining and lands commissioner. Executives from Cliffs have said that ruling puts their project in jeopardy.
It has the potential to be the biggest financial boon this province has seen in a hundred years.
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