Ontario's Ring Of Fire Gets 1 Billion From Provincial Government


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The Ring of Fire is a vast, mineral-rich region located in the remote James Bay Lowlands of Northern Ontario, Canada. Spanning approximately 5,000 square kilometres (1,900 sq mi), the area is rich in chromite, nickel, copper, platinum group elements, gold, zinc, and other valuable minerals.


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The hype surrounding the Ring of Fire has reached a higher level, and some industry members and consultants warn that an Ontario minister's claim about "limitless potential" could be dangerous.


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The Ring of Fire (also known as the Pacific Ring of Fire, the Rim of Fire, the Girdle of Fire or the Circum-Pacific belt) [note 1] is a tectonic belt of volcanoes and earthquakes, about 40,000 km (25,000 mi) long [1] and up to about 500 km (310 mi) wide, [2] which surrounds most of the Pacific Ocean.


Ontario's Ring Of Fire Gets 1 Billion From Provincial Government

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Wyloo Metals estimates that, along with the nickel that it owns in the Ring of Fire, the deposits of platinum, palladium, copper and chromite could be worth $67 billion. Wyloo Metals.


What is the Ring of Fire? Ring of Fire (Canada) Is It Worth It?

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Ontario pledges 1billion for Ring of Fire The Globe and Mail

The peatlands in Ontario's Far North store about 35 billion tonnes of carbon. In the region known as the Ring of Fire, the Ontario government is pushing to develop peatlands in and around James Bay to access unproven mineral deposits. First Nations in the area have differing opinions as to whether that's a good idea.


Why is Ontario's Ring of Fire on the Back Burner? Geology for Investors

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What’s at stake in Ontario’s Ring of Fire Canadian Geographic

Overview Ontario's Ring of Fire region is one of the most promising mineral development opportunities for critical minerals in the province. It's located approximately 500 kilometres northeast of Thunder Bay and covers about 5,000 square kilometres. The region has long-term potential to produce: chromite cobalt nickel copper platinum


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What's at stake in Ontario's Ring of Fire. What's at stake in. Ontario's Ring of Fire. The James Bay Lowlands in northern Ontario contain one of the largest potential mineral reserves in Canada. Now, the region's economy and environment stand on the brink of massive transformation. Published Aug 24, 2017. Updated Jul 22, 2022.


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The Ring of Fire refers to the massive planned chromite mining and smelting development project in the mineral-rich James Bay Lowlands of Northern Ontario, which is the "third largest wetland in the world" (Gov. of Ontario, n.d.). This is Anishinaabe (Ojibwe) and Omushkego (Cree) territory (Leahy, 2014). Challenges facing the development of the.


What’s at stake in Ontario’s Ring of Fire Canadian Geographic

The former chief scientist for the Geological Survey of Canada (GSC) mused that the Ring of Fire could contain $60-billion worth of minerals. He mentioned the figure in a talk at the 2013.


What’s at stake in Ontario’s Ring of Fire Canadian Geographic

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The proposed Ring of Fire mining projects in the James Bay lowlands in Ontario span some 5000 square kilometers (1,900 square miles). Indigenous peoples have had a unique relationship with the.