Monday, April 29, 2013

Mining Study Released

Northwestern Ontario's budding mining sector is expected to create 10-thousand full-time jobs over the next decade, generating $1.7 billion in overall economic revenue each year.

That according to a new report released at the Northwestern Ontario Municipal Association Conference in Thunder Bay.

However, the report points to issues of energy, housing and aging infrastructure as areas to address to prepare for the boom.

The forecast is based on 10 new mines or major expansions, including Rainy River Resources' gold project near Barwick.