Ring of Fire inks MoU with First Nation on nickel development

Exploration and development company Ring of Fire Metals (RoFM) has signed a memorandum of understanding with the Webequie First Nation outlining a framework for collaboration on proposed development in the Ring of Fire, in northern Ontario.

The MOU details how the two parties will work together to progress ongoing exploration activity in the region, as well as negotiations on a partnership agreement for the proposed Eagle’s Nest mine.

The company’s Eagle’s Nest project is one of the biggest undeveloped, high-grade nickel/copper/platinum/palladium deposits in the world.