Ring of Fire world's 25 largest volcanic eruptions of the last 11,700 years occurred at volcanoes in the Ring of Fire. The famous and very active San Andreas Fault zone of California is a transform fault which offsets a portion of the East Pacific Rise under the southwestern United States and Mexico; the motion of the fault generates numerous small earthquakes, at multiple times a day, most of which are too small to be felt. The active Queen Charlotte Fault on the west coast of the Haida Gwaii, British Columbia, has generated three large earthquakes during the 20th century: a magnitude 7 event
Ring of Fire (Northern Ontario) that will spin-off jobs and economic activity for generations". In May 2012, Cliffs Natural Resources announced its intention of investing $3.3-billion in Northern Ontario's Ring of Fire region, which would include a chromite mine, a transportation corridor and a smelter in Sudbury, Ontario. Cliffs initially invested $550-million to acquire and begin development. By 2013, Cliffs had suspended the project "after numerous delays and difficult discussions with the province [of Ontario] and the First Nations communities". Cliffs sold its assets to the smaller Canadian company, Noront Resources Ltd. for USD20 million. In February 2013, KWG Resources, a Toronto-based junior miner, released