Thursday, January 18, 2018

Waiting for news...

I think I know how people in Olympic communities feel as they wait to find out whether their city or town has won the right to host the games. Timmins is among four cities invited to submit a bid to build a new smelter or metals refinery to process chromite.  That’s the main mineral located in the Ring of Fire mining area in the James Bay Lowlands. The value of the deposit is estimated in excess of $50-BILLION. Yup, that’s Billions we’re talking about. If Timmins wins the bid for a smelter, well we’re talking many hundreds of millions of dollars in local investment. And jobs. Lots and lots of new jobs. That would be helpful. So lots of folks in town are crossing their fingers. 

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