Friday, April 26, 2013

Mining Report Released at NOMA AGM

A report on the future of mining in the area has been unveiled.

The strategy was presented at the Northwestern Ontario Municipal Association Conference yesterday in Thunder Bay.

The analysis indicates that there will be considerable opportunities for suppliers to support the potential mining projects in the north.

The mining sector is expected to create 10,000 full-time jobs over the next decade and bring in up to 1.7-billion dollars in overall economic revenue each year over the same period.

On the downside, the study warns that upgrades to the province's electricity transmission system may not be completed in time to foster completion of planned mining projects.