Thunder Bay is home to a new Ring of Fire office opened by the Ministry of Northern Development, Mines and Forestry.
Centred at McFaulds Lake, about 535 kilometres northeast of Thunder Bay, the Ring of Fire could become one of the world's largest discoveries of chromite and the only one in North America, with the potential to provide significant economic development in the province.
The new office will help promote economic opportunities and help facilitate successful development of the area, a ministry press release stated.
There are about 25,000 claim units held by 35 companies exploring in the Ring of Fire for chromite, nickel, copper, platinum, zinc, gold and diamonds. The area covers approximately 4,000 square kilometres.
An advisory council has been established and will include up to 10 appointed members representing business, academic institutions and First Nation organizations in Northern Ontario. The first four members are John Beaucage, CEO of Lake Huron Anisinabek Transmission Company; Dominic Giroux, Laurentian University president; Chris Hodgson, Ontario Mining Association president; and Pat Lang, former president of Confederation College.
The office will be managed by Harvey Yesno, the newly appointed director for aboriginal community and stakeholder relations.
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