Canadian opposition leader vows 6-month Ring of Fire OK in Ontario

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Drill site near the Eagle’s Nest nickel-copper-PGM project in northern Ontario’s Ring of Fire region. Credit: Wyloo Metals

Canadian opposition leader Pierre Poilievre says he would give federal approval for the contentious Ring of Fire development in northern Ontario within months if he takes power after an imminent election.

“My government will set a deadline of six months to green light permits for the Ring of Fire,” Poilievre told reporters in Sudbury on Wednesday. “We will unleash the production of chromite, cobalt, copper, nickel, platinum and others. We will also commit C$1 billion over three years to help the Ontario government build the highway to get there.”

The Ring of Fire area, about 540 km northeast of Thunder Bay, lies in a remote swampy region where only one venture is considered advanced, the Eagle’s Nest project held by Wyloo Metals. It’s owned by Australian tycoon and…

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