Ring of Fire Chromite development suspended

[Boges]

More bad news for Ontario brought to you by the Liberal party.

http://www.torontosun.com/2013/11/21/ring-of-fire-mining-project-suspended-in-northern-ontario

TORONTO - The company at the heart of the Ring of Fire - touted by the Kathleen Wynne government as a key to the province’s future prosperity - has suspended its operations.

Cliffs Natural Resources announced late Wednesday that it will layoff staff at its exploration camp site and offices in Thunder Bay and Toronto, blaming a lack of progress on the necessary infrastructure to develop the project.

“We continue to believe in the value of the mineral deposits and the potential of the Ring of Fire region for Northern Ontario,” the company said in a statement.

The announcement follows bad news out of Leamington last week that the Heinz plant would be closed, putting 740 employees out of work.

New Democrat Michael Mantha said the Ontario Liberal government has been talking about the Ring of Fire, a massive chromite mining venture planned for Northern Ontario, for several years without taking the needed leadership role to make it happen.

Government needs to move on roads or rail infrastructure, address high energy costs and work with companies, municipalities and First Nation communities to resolve outstanding issues, he said.

“Their plan was to implement a plan to develop a plan and nothing has happened out of that plan,” Mantha said. “We had heard from Cliffs that they were quite concerned; everybody had heard from Cliffs that they were quite concerned.

“Others wanted to invest into Ontario and this is definitely sending the wrong signal,” he said.

It would appear that the province has dragged it's heels on infrastructure spending to help develop this project. This government seems to have a track record of only really caring about certain parts of the province and rural/northern Ontario doesn't seem to be very high on the parties priorities.

Well at least Ontario is banning coal-fired power plants. That'll create lots of jobs.

Edited November 21, 2013 by Boges

[bush_cheney2004]

....Well at least Ontario is banning coal-fired power plants. That'll create lots of jobs.

Yep....Windmills 1, Taxpayers 0 !!

[waldo]

More bad news for Ontario brought to you by the Liberal party.

hey now... just what roles have the current and recent Harper Conservative Ministers for FedNor played (Greg Rickford, and Tony 'Gazebo' Clement)... or not played, in this regard?

are there other issues going on here - ya think? Might just one of those be:

FedNor and Aboriginal Affairs & Northern Development Canada... are those federal ministries... are those federal Harper Conservative ministries, hey?

[PIK]

It seems the harper government might come to the rescue. Wynne has gone begging to harper for money since they chased away the last group that wanted to invest in it.