"The Ring of Fire factored into comments from two unnamed exploration company presidents, both of whom complained about the Ontario government’s inertia in moving projects forward.

“A company was attempting to permit an advanced exploration project in the James Bay lowlands,” said one. “The government took three years to grant the required permits. During this time the funding partner, frustrated with the time taken by the government, exited the project.”

“Government management of the Ring of Fire was a disaster,” said another, echoing the first. “It has been 12 years since the original discovery and no sign as to when a development might occur"

http://www.northernlife.ca/news/localNews/2016/03/02-mining-rankings-sudbury.aspx