Ring of Fire the bases of the volcanoes, which decreases the speed of erosion by an issue of perhaps a thousand relative to volcanoes in moist temperate or tropical climates. Ring of Fire The Ring of Fire is a major area in the basin of the Pacific Ocean where many earthquakes and volcanic eruptions occur. In a large horseshoe shape, it is associated with a nearly continuous series of oceanic trenches, volcanic arcs, and volcanic belts and plate movements. It has 452 volcanoes (more than 75% of the world's active and dormant volcanoes). The Ring of Fire is sometimes called the circum-Pacific belt.
Ring of Fire (Northern Ontario) Bay. The Ring of Fire was named when the first significant mineral finds were made in the region, by Richard Nemis, after Johnny Cash's famous country and western ballad. Nemis, the founder and president of Noront Resources, was a lifelong fan of the singer. Prior to its discovery, Canada and the United States were compelled to rely on offshore sources for chromite, principally from South Africa. By the fall of 2011, the Ring of Fire was considered "one of the largest potential mineral reserves in Ontario" with "more than 35 junior and intermediate mining and exploration companies covering an area