Hopes for Ontario’s Ring of Fire doused as mining companies grow wary

A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.

Rolling back environmental regulations and speeding up permitting for oil and gas as well as mining projects could put pressure on Canada to do the same. 

Artemis now expects to feed first ore to the ball mill in the next few weeks and continues to target first gold pour before year end.

The French miner was this year given a sales quota by the Asian nation that was 29% less than it expected.