Finance
“ There are many challenges presented by the geography , lack of infrastructure and social licensing which require new ways of thinking , and that makes it so exciting ,” explained Jan Kwak , Hatch ’ s managing director of mining and minerals processing .
“ For instance , a construction strategy would probably require starting in the winter when the ground is frozen and it is easier to transport materials to the site . During the winter , we would need to create an island of solid ground where we can set up camp , store material and equipment , and use as a base to expand from when the ground thaws in summer .”
To combat this , the government has established the ROF Infrastructure Development Corporation to provide $ 1 billion for investment in everything from infrastructure , signing of the landmark Framework Agreement with Chiefs of the Matawa First Nations as well as supporting education , training and health care initiatives for the First Nations .
According to Gravelle , Ontario ’ s government has taken important steps to modernize the province ’ s Mining Act to maintain a vibrant and competitive
mineral development sector .
“ Ontario ’ s clear laws and updated mining regulations are part of our commitment to promote mineral exploration and development , while respecting Aboriginal and treaty rights as well as the environment . Since updated regulations became mandatory we ’ ve worked closely with industry to guide them as they adapt to the process . I believe our province provides operational certainty for industry , just one reason why we have remained a leader in exploration spending .”
Another important aspect for
18 M ay 2015