Berliner Boersenzeitung - Canada's Indigenous wary of mining push in rich 'Ring of Fire'

EUR -
AED 4.257133
AFN 72.444674
ALL 95.829467
AMD 436.123898
ANG 2.075051
AOA 1062.979611
ARS 1619.927116
AUD 1.662949
AWG 2.089154
AZN 1.961607
BAM 1.952301
BBD 2.330054
BDT 141.955547
BGN 1.981418
BHD 0.437657
BIF 3435.911542
BMD 1.159192
BND 1.480234
BOB 8.011674
BRL 6.066866
BSD 1.156841
BTN 108.398101
BWP 15.851518
BYN 3.424861
BYR 22720.166462
BZD 2.326759
CAD 1.59725
CDF 2640.052316
CHF 0.915588
CLF 0.026946
CLP 1063.976571
CNY 7.989967
CNH 7.996768
COP 4295.177918
CRC 539.017545
CUC 1.159192
CUP 30.718592
CVE 110.069127
CZK 24.433505
DJF 206.01339
DKK 7.471961
DOP 69.303682
DZD 153.541818
EGP 61.030197
ERN 17.387882
ETB 178.839134
FJD 2.59688
FKP 0.866178
GBP 0.866444
GEL 3.135607
GGP 0.866178
GHS 12.639399
GIP 0.866178
GMD 85.201782
GNF 10139.737209
GTQ 8.859235
GYD 242.112884
HKD 9.073443
HNL 30.633166
HRK 7.53266
HTG 151.686795
HUF 389.417278
IDR 19603.098726
ILS 3.626359
IMP 0.866178
INR 108.882282
IQD 1515.48352
IRR 1522048.293968
ISK 143.797806
JEP 0.866178
JMD 182.557257
JOD 0.821883
JPY 184.301707
KES 150.347695
KGS 101.369619
KHR 4642.638094
KMF 493.815498
KPW 1043.28958
KRW 1737.930242
KWD 0.355153
KYD 0.964072
KZT 558.478935
LAK 24907.353963
LBP 103603.19292
LKR 363.638184
LRD 212.292217
LSL 19.722248
LTL 3.422794
LVL 0.701184
LYD 7.375874
MAD 10.784829
MDL 20.233731
MGA 4830.237703
MKD 61.61784
MMK 2434.497817
MNT 4137.699448
MOP 9.322989
MRU 46.138904
MUR 53.856252
MVR 17.920827
MWK 2005.961085
MXN 20.574276
MYR 4.585797
MZN 74.083768
NAD 19.722248
NGN 1594.596801
NIO 42.573321
NOK 11.261087
NPR 173.429893
NZD 1.994668
OMR 0.44571
PAB 1.156831
PEN 4.001527
PGK 4.996002
PHP 69.669724
PKR 323.20654
PLN 4.271217
PYG 7548.566992
QAR 4.218693
RON 5.094531
RSD 117.453971
RUB 93.320592
RWF 1692.415273
SAR 4.351013
SBD 9.322194
SCR 17.275706
SDG 696.674379
SEK 10.818566
SGD 1.483041
SHP 0.869694
SLE 28.523343
SLL 24307.692683
SOS 661.095037
SRD 43.284086
STD 23992.937445
STN 24.455952
SVC 10.122855
SYP 128.610351
SZL 19.720566
THB 37.944417
TJS 11.100346
TMT 4.068765
TND 3.393262
TOP 2.791056
TRY 51.41201
TTD 7.859911
TWD 37.055322
TZS 2976.294269
UAH 50.806534
UGX 4332.17858
USD 1.159192
UYU 47.146101
UZS 14113.701414
VES 531.927969
VND 30544.133989
VUV 138.532821
WST 3.174102
XAF 654.769215
XAG 0.015869
XAU 0.000255
XCD 3.132775
XCG 2.084963
XDR 0.814323
XOF 654.791769
XPF 119.331742
YER 276.58016
ZAR 19.668651
ZMK 10434.117463
ZMW 21.894039
ZWL 373.259405
  • CMSC

    -0.0100

    22.87

    -0.04%

  • NGG

    0.2700

    82.33

    +0.33%

  • GSK

    0.9600

    52.95

    +1.81%

  • BCC

    1.6900

    73.57

    +2.3%

  • BTI

    -0.1600

    57.76

    -0.28%

  • AZN

    1.7100

    185.78

    +0.92%

  • BCE

    0.0700

    25.83

    +0.27%

  • RBGPF

    -13.5000

    69

    -19.57%

  • RIO

    0.9300

    86.77

    +1.07%

  • CMSD

    -0.1100

    22.63

    -0.49%

  • JRI

    0.1800

    11.86

    +1.52%

  • RYCEF

    -0.2800

    15.69

    -1.78%

  • BP

    1.2200

    44.79

    +2.72%

  • RELX

    -1.3500

    32.46

    -4.16%

  • VOD

    0.1800

    14.66

    +1.23%

Canada's Indigenous wary of mining push in rich 'Ring of Fire'
Canada's Indigenous wary of mining push in rich 'Ring of Fire' / Photo: Oli SCARFF - AFP/File

Canada's Indigenous wary of mining push in rich 'Ring of Fire'

Growing up in northern Canada, Sol Mamakwa said his Indigenous community knew their land held valuable minerals, but he didn't understand the scale of the potential riches until later in life.

Text size:

"My grandparents, my parents, always said there will come a day when governments, settlers, will want access to these lands because of the minerals," Mamakwa, an opposition member of Ontario's provincial parliament, told AFP.

"It wasn't until I got into politics that I started to understand what the Ring of Fire actually means," he said.

The so-called "Ring of Fire" is a crescent-shaped stretch of territory in northern Ontario's James Bay lowlands, about 1,000 kilometers (620 miles) north of Toronto, believed to contain large quantities of the critical minerals needed to power new technologies, including electric vehicle batteries.

The area likely holds substantial deposits of chromite, nickel, copper and platinum group metals -- minerals needed for products like cell phones and computers.

Mining companies have been eyeing the Ring of Fire for years, but large-scale extraction in the remote area has not begun and would require major infrastructure spending, from new roads to logistics hubs.

Pressure to get started has surged since US President Donald Trump returned to office.

Trump's trade war and annexation threats have forced new discussion about Canadian sovereignty -- and the assets the country can tap to make it a global energy force, less reliant on trade with the United States.

Prime Minister Mark Carney this week reaffirmed his view that US-Canada relations will not return to a pre-Trump normal.

"We recognize what's going on. This is not a transition. This is a rupture," Carney said, listing critical minerals as one of the resources that can bolster Canadian economic might.

"We are top five in 10 of the world's most important critical minerals. Forty percent of the world's listed mining companies are in Canada," the prime minister told the Council on Foreign Relations.

Carney has named exploiting the Ring of Fire as one of the strategic projects his Liberal government would back to super-charge a Trump-threatened economy.

Ontario Premier Doug Ford, who has emerged as a national cheerleader in response to Trump, has also vowed to fast-track Ring of Fire infrastructure -- to "protect" the province from Washington.

Ford has said he was "ready to jump on the bulldozer" himself to build a road.

- Tariff 'excuse' -

Experts from Ontario's Western University in an article this month warned against underestimating the challenges ahead, including "opposition to new mining and infrastructure projects, particularly from some Indigenous communities."

Mamakwa was born in Sioux Lookout, which falls outside the Ring of Fire, but could be a logistical base if mining ramps up.

His provincial constituency, an area roughly the size of Italy, includes the mineral-rich crescent and the First Nations around it.

He told AFP he resents how the federal and provincial governments have used the "tariff war as an excuse to access our land."

Different First Nations have varying views about mining projects, but Mamakwa noted that none have been jarred by Trump's rhetoric.

"Threats of annexation," he said, "are not new to First Nations people... Welcome to the club."

Carney and Ford have promised mining projects will include broad Indigenous consultation and shared profits.

Mamakwa said his constituents could be brought on board but were growing concerned officials will charge forward, regardless of their consent.

"It's going to come to a head where they will have to use police to get us out of the way," he said.

- 'Dominant player' -

Wyatt Bain, an economic geology expert at Western University, told AFP Canada could become a "dominant player" in critical mineral supply, offering a counterweight to China, and a vital supplier for the United States.

In the Ring of Fire "the economics look really good," and the daunting infrastructure challenges can be overcome, he said.

But ensuring Indigenous support was essential, both to get projects launched and ensure they are durable.

"For a long time, Indigenous nations simply did not have a seat at the table," Bain said.

(K.Müller--BBZ)