Another Step For Ring Of Fire Likely

Posted on Friday, April 28, 2017 10:59 AM

The relationship between a northwestern Ontario First Nation and a major mining company is solidifying.  

An official with KWG Resources says it's working towards an equal partnership in the proposed Ring of Fire mining development with Marten Falls. 

Moe Lavigne says a formal agreement could come after next months planned visit to China to meet with a railway officials there. 

He says the question to China will be: Are you a willing buyer of product from this mine? 

Lavigne says they're also asking the Ontario government to guarantee a $1 billion loan if China shows an interest in taking part.