Ontario Northland should be Ring of Fire railroad.
Position | MINING |
Ring of Fire junior miner KWG Resources is refloating the concept of using the Ontario Northland Railway (ONR) to haul ore out of the Ring of Fire in the James Bay region.
In a Sept. 16 news release, the Toronto-based company said it supports the "New Deal" business plan being proposed by the unions at the Crown-operated transportation agency.
According to KWG, a new agency should be established, governed by the First Nations and other regional stakeholders with federal oversight.
This agency would finance the railroads construction and continuing operations of the ONR by providing rail service "at cost" to the mining companies operating in the remote Far North camp.
KWG is the holder of the only staked corridor out of the region. The company said it will make its right-of-way available for ONR use.
"We believe the railway is in the public interest and can be used to benefit the various mines in the Ring of...
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