Cashed-up Century Iron exploring Quebec, Labrador
Backed by deep-pocketed investors, Century Iron Mines (FER-V) has launched as a new iron play in Quebec and the Labrador Trough.
Iron Ore
More cash for Iron Mountain lifts Palladon
More money has come in and Palladon Ventures’ (PLL-V) shares are rising as a result. The company’s partner at the Iron Mountain project near Cedar City, Utah has secured the second US$20 million tranche of a US$45 million loan which should…
Champion Minerals shares jump on ArcelorMittal rumour
As rumours swirl that Champion Minerals (CHM-T) might become a takeover target for ArcelorMittal (MT-N), the junior has adopted a shareholder rights plan. The news sent the company’s shares up 20%, or 30¢ apiece, on July 4 to close at…
Cashed-up Century Iron exploring Quebec, Labrador
Vancouver – Backed by deep-pocketed investors, Century Iron Mines (FER-V) has launched as a new iron play in Quebec and the Labrador Trough.
Champion Minerals shares jump after shareholder rights plan
As rumours swirl that Champion Minerals (CHM-T) might become a takeover target for Arcelor Mittal (MT-N), the junior has adopted a shareholder rights plan. The news sent the company’s shares up 20% or 30¢ apiece on July 4 to close at $1.80.
Northland targets 2013 for first iron ore delivery
Northland Resources (nau-t) is set to launch its flagship Kaunisvaara iron ore project in northern Sweden in early 2013, with production of 5 million tonnes of iron ore concentrate per year expected by 2014.
Editorial: Aussie windfall taxes 2.0
Yes, they’re back. And probably here to stay this time. Rebounding from the June 2010 defeat of its proposed 40% “Resource Super Profits Tax” (RSPT) on miners, Australia’s centre-left government has spent the past year developing a more…
Champion Minerals discovers new iron zone at Lac Moire (June 13, 2011)
The first five drill holes at the Lac Moire iron ore project in northeastern Quebec have identified significant new iron mineralization, and Champion Minerals (chm-t) has increased its drill program there to 7,000 metres.
Northland targets 2013 for first iron ore delivery
Northland Resources (NAU-T) is set to get its flagship Kaunisvaara iron ore project in northern Sweden off the ground in early 2013, with full production of 5 million tonnes of iron ore concentrate per year expected by 2014.
Majors pour billions into Eastern Canada
It’s not quite as exciting as a new mine built from scratch on a substantial mineral discovery but, in dollar terms, the recent expansions announced by majors active in eastern Canada all add up significant economic activity.
ArcelorMittal invests $2.1B in Quebec
ArcelorMittal (MT-N) is spending $2.1 billion to expand its Mont-Wright mining complex and Port-Cartier pellet plant near Fermont in northern Quebec.
Forging deals in the Labrador Trough (May 23, 2011)
As the acquisition of Quebec-focused iron ore producer Consolidated Thompson Iron Mines (CLM-T) by resource giant Cliffs Natural Resources (CLF-N) finally comes to a close, investors can’t help but wonder which company in the area is next in…