Ring of Fire Updates Weekly News Roundup

June 8-14, 2021: Weekly News Roundup

Indigenous communities in the area, allied with environmental groups, are still demanding a moratorium on development while Noront Resources is continuing to face a potential and unwanted takeover from Australian Company Wyloo Metals.

June 12, 2021 (BayToday):

The Ring of Fire road is a ‘game-changing’ project to these realtors

Far North route, better rural connectivity makes Ontario Real Estate Association’s top infrastructure to-do list

“The Ring of Fire and its would-be road made the Ontario Real Estate Association’s (OREA) Top 10 list of “game-changing” infrastructure projects in the province. A Strategic Transportation Link to Ontario’s Ring of Fire ranked eighth behind a raft of transit and rail projects in the Greater Toronto Area, eastern and southwestern Ontario.” Read more here…

June 11, 2021 (Northern Ontario Business):

With Wyloo on their heels, Noront CEO focuses on a ‘green’ metal future with Ring of Fire deposits

Alan Coutts floats concept of downstream nickel processing plant for the electric vehicle battery market

“Even the spectre of Wyloo Metals’ takeover bid hanging over his head didn’t deter Noront Resources CEO Alan Coutts from talking like the future mining kingpin of the Ring of Fire.” Read more here…

June 8, 2021 (Canadian Mining Journal):

Sparking up the Ring of Fire

Progress on infrastructure in remote region offset by opposition from several First Nations, environmental groups

“Once there were many. Now there are just two. The discovery in 2008 of vast deposits of nickel, copper, chromite, platinum and palladium in the Ring of Fire, in Ontario’s remote Far North, fuelled dreams of fabulous wealth and unleashed a predictable stampede to stake claims.” Read more here…

June 8, 2021 (The Sault Star):

Wyloo fired up for Noront’s Eagle’s Nest

“As the world stumbles towards a decarbonized future, moving sideways and planting false steps at times, Luca Giacovazzi says he knows one thing: The transition is good for Northern Ontario’s nickel.” Read more here…

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