Ontario BudgetNothing exciting, just a mention of what was already known. Here's the exerpt on mining:
A Ring of Fire Coordinator was appointed in September 2010 to work with stakeholders to help facilitate sustainable development of this economic development opportunity.
The government is consulting with stakeholders in developing regulations under the Mining Amendment Act, 2009 to help promote balanced development to benefit all Ontarians. Starting in 2009, the government is providing $40 million for initiatives to support Mining Act modernization.
Ontario has also supported the development of a diamond mining industry with the opening of the province’s first-ever diamond mine located near Attawapiskat in Ontario’s Far North.
Mining employment increased by about 5,200 jobs, or 20 per cent, between 2009 and 2010. The Ontario mining sector plans to invest a record $3.4 billion in 2011.
Exploration expenditures are forecast to reach $939 million in 2011, a new record for Ontario. There are more than 600 properties being explored by over 300 companies across the province.