Ring of Fire mine could open in 5 years

The Ring of Fire mineral deposits are one of the most prolific finds of the last century, said Michael Gravelle, minister of northern development, mines and forestry.
Gravelle made the comment while helping launch the Northern Training Partnership Fund.
While speaking to delegates at the announcement, Gravelle went on to say: “A mine could be in production in five years. This is vital to the communit(ies) and the north as a whole.”
Following the funding announcement, Gravelle back-pedalled slightly.
“It would take everything to move forward perfectly (to meet the five-year timeframe),” Gravelle said, when pushed further on the issue.
He said agreements need to be put in the place with the communities, including Marten Falls First Nation, which could be affected by any development in the area.
Environmental assessments and permitting are required, Gravelle continued, and the issue of a rail line to access the land and control over the assets must be addressed as they are “integral to development.”