For the third consecutive year, the Liberal Ontario government has made a C$1-billion commitment toward development in the emerging Ring of Fire (RoF) nickel/chromite mining camp, in the province’s remote far north.
The RoF presented a multigenerational economic opportunity for the province, with mineral potential calculated in 2014 terms to be worth about $60-billion, although that would be much less at today’s subdued commodity prices.
