Mining

The province’s billion-dollar promise to jump-start development in the Ring of Fire was not lost on the exploration companies operating in the James Bay region.

The Ontario’s government’s handling of the Ring of Fire has been a “mismanaged file,” according to a Toronto lawyer, author and strategist specializing in mining and First Nations negotiations.

The Wynne government dangled a huge carrot in front of the provincial NDP to support its spring budget on Thursday, while challenging Ottawa to match dollars on its $1-billion commitment for the Ring of Fire.

The Ontario government is providing $1 billion to develop transportation infrastructure in the Ring of Fire.

A Progressive Conservative government would back an industry plan that could see work begin on an east-west road into the Ring of Fire as early as this fall, Nipissing MPP Vic Fedeli said in Sudbury , April 24.

Thunder Bay’s Premier Gold Mines announced, April 23, that it’s beginning exploration to test its Bankfield West and Viper target areas near its flagship Hardrock Project near Geraldton.

Premier Kathleen Wynne has officially signed off on a regional framework agreement with the chiefs of the Matawa First Nations to negotiate future development, benefits and environmental safeguards in the Ring of Fire.

The Ontario government will make an “important” announcement on the Ring of Fire mineral deposits on April 28. A press conference has been called for Monday at 10 a.m. at the Ministry of Northern Development and Mines offices in Thunder Bay.

Sudbury shows off its mining prowess during Modern Mining and Technology Week, which kicks off April 26.

Goldcorp says it will not up the ante in its hostile takeover of Osisko Mining. The Vancouver-based gold miner said it’s not amending its $3.6-billion offer to acquire all of the outstanding common shares of Osisko.