Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: People's Plan aka Ring Games

I hate double posting but the ROF is now an election issue that should bring needed attention to the biggest thing in Canada.....

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https://www.ontariopc.ca/peoples_guarantee

 

9. Change that works for Northern Ontario


Mining represents a major economic opportunity for Northern Ontario and the province. The Ring of Fire project is a great example. There is an estimated $60 billion worth of mineral deposits in the Ring of Fire,176 with the Ontario Chamber of Commerce estimating that the development in the Ring of Fire region can sustain 5,500 jobs annually and contribute almost $2 billion in government revenues.177 Yet, the Ontario Liberal government has put up roadblock after roadblock to obstruct these projects and the economic opportunities associated with them. The result is fewer jobs, less economic activity, and a missed opportunity for the region and our province. The Ring of Fire roads took the Liberals 10 years to promise, coincidentally coming months before a provincial election and just after the government lost a key by-election in Northern Ontario.

Patrick Brown and the Ontario PCs will build the roads to the Ring of Fire.


Mining in Ontario is about more than just the Ring of Fire. Take an initiative like Quebec’s Plan Nord for example. In Quebec, the province has worked with industry to unlock the opportunities that can flow from mining development. Ontario should replicate the Quebec model by establishing a high-level government working group between mining proponents, key ministries, and the Premier’s Office to work together and ensure there is a proper regulatory environment for mining investment and development. This high-level working group will focus on major mining projects, force government to be accountable for its actions, and have a clear mandate to remove roadblocks to development rather than create them.179


Patrick Brown and the Ontario PCs will establish a special mining working group to help unlock Northern Ontario’s mining opportunities.

When new mining, forestry and aggregate developments are proposed, local communities and indigenous communities may be reluctant to support them without knowing how they would share in the benefits of the development. It is in the interest of both project proponents and the local communities that the provincial government plays a role in sharing resource revenue with these local municipalities and indigenous communities.
The province should take a portion of the provincial revenues collected from aggregate licenses, stumpage fees and the mining profits tax and redistribute them to local host municipalities or indigenous communities to help fund specific community

projects and improvements.180 The provincial government should not be the only level of government to benefit from a resource development project. There will be no increases in fees to accommodate for this new revenue-resource sharing model. In addition, the government should evaluate proposals to share revenue with municipalities along the proposed haulage routes of these projects to help with any new infrastructure upgrades and costs that would come as a result of the new heavy usage.181
Patrick Brown and the Ontario PCs will establish resource-revenue sharing agreements between the provincial government, Indigenous communities and local municipalities for future mining, forestry and aggregate projects.

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