Ring of Fire Updates Uncategorized Weekly News Roundup

November 9-15, 2021: Weekly News Roundup

With COP26 having wrapped up, we’re sure that many of you are reminded of the ways that corporations and state governments are rebranding themselves as climate crusaders while promoting false solutions to the climate crisis. This includes BHP who through branding and investment is working to profit of an economy that is predicted to decarbonize. Likewise the Ontario government is ramping up discourse that Ring of Fire mining is essential to the transition away from fossil fuels – a claim we don’t buy.

This weeks news highlighted the land that the Ring of Fire is situated under –  the peat of the James Bay lowlands, which is responsible for the storage of 5 billion tonnes of carbon in the proposed development area.

The biding war for Noront continues between Wyloo and BHP, two Australian mining giants that both have track records of ignoring Indigenous consent, land rights and sovereignty.

Last week, the Ontario PC government delivered a fall economic statement that featured the Ring of Fire prominently. Ford explicitly linked the mining project to electric vehicle battery production. Ford’s government also proposed changes to the Far North Act as part of an Omnibus bill that would scrap protected area status for 225,000 square kilometres of northern Ontario as well as allow the government to create a joint-advisory body on land-use planning in the Far North with the participation of just seven of the 31 First Nations in the region.

The move from roads being finances by mining companies to being financed by the Provincial government is also being scrutinized this week.

Lastly, this week’s news continued to cover the moratorium placed on mining in the Ring of Fire by Attawapiskat, Fort Albany and Neskantaga First Nations, and reminded us that litigation and potentially confrontation on the land will continue to delay mining as long as Indigenous consent is ignored.

November 9, 2021 (CBC):

Doug Ford’s hopes for Ontario’s electric vehicle industry hinge on mining its Ring of Fire

Mining project will be ‘massive win’ for First Nations, says premier, despite Indigenous opposition

Premier Doug Ford’s government is touting Ontario as a future electric vehicle manufacturing hub, and linking that to a fresh push for a huge mining development in the northern part of the province. Read more here…

November 10, 2021 (Mining Weekly):

BHP and Wyloo need more time for Noront takeover talks

Diversified miner BHP needs more time for talks with Australian billionaire Andrew Forrest’s Wyloo Metals regarding the takeover of Canadian junior Noront Resources. Read more here…

November 11, 2021 (Driving):

Lorraine Explains: Ontario government volunteering $1.6B for remote ‘Ring of Fire’ mining roads

Foreign mining corps had accepted cost of building roads to remote zone, but Ford gov’t corner-cutting could add huge public debt

You could be forgiven for thinking the most pressing issue facing Ontario right now is roads. Also, electric cars. The premier who detested electric cars just a few short years ago is now embracing them — but at what cost? Read more here…

November 11, 2021 (Mining Weekly):

BHP committed to critical minerals growth, decarbonising

Speaking at the company’s annual general meeting, BHP CEO Mike Henry noted that against a backdrop of increased population growth, rising living standards, electrification and decarbonisation, the company would aim to grow in commodities that would benefit the greatest from these trends. Read more here…

November 12, 2021 (Australian Mining):

BHP hungry for more nickel, copper

BHP is looking at investing in additional early-stage development projects as the company aims to grow its copper and nickel portfolio. Read more here…

November 13, 2021 (The Narwhal):

Miners competing over Ontario’s Ring of Fire have contentious relationships with Indigenous communities in Australia

Wyloo Metals and BHP want to take over a small Canadian firm’s holdings in the mineral and carbon-rich region…

Beneath the peat of the James Bay lowlands, about 540 kilometres northeast of Thunder Bay, lie mineral deposits at the heart of a bidding war between two Australian mining giants. Read more here…

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