New Millennium Iron Corp

TSX posts small gains, Dec. 18-22

The Toronto stock market ended in positive territory, with the S&P/TSX Composite Index gaining 0.5% to close at 13,082.86. The S&P/TSX Global Mining Index climbed 4.5% to 43.70, while the S&P/TSX Capped Diversified Metals &…

TSX posts gains, Nov. 10-14

The S&P/TSX Composite Index posted its fifth straight week of gains, buoyed in part by strong economic data showing manufacturing sales in Canada climbed 2.1% to $53 billion in September, compared with a 3.5% drop in August. The S&P/TSX…

Desjardins analyst cuts target price on New Millennium

Jackie Przybylowski, an analyst at Desjardins Capital Markets, has axed her price target on New Millennium Iron to 40¢ from 70¢ previously, noting the company’s management hinted at possible financing needs and delays in its…

The new deepwater, multi-user iron ore dock under construction in Sept-les, Quebec, where New Millennium plans to send iron ore from the Taconite project in the Labrador Trough. Credit: New Millennium Iron

New Millennium, Tata Steel show Taconite is feasible

VANCOUVER — The Taconite project feasibility study is complete, which means that in four months project-owner New Millennium Iron (TSX: NML) should know whether joint-venture partner Tata Steel will turn the Labrador Trough iron-ore…

Rail cars are loaded at New Millennium's DSO project in Quebec. Source: New Millennium Iron

New Millennium Iron shares rally

Shares of New Millennium Iron (TSX: NML) jumped 6.17%, 14.08% and 12.70% in the three days following the Aug. 14 announcement  that the junior’s joint-venture company with Tata Steel known as Tata Steel Minerals Canada, had…

New Millennium keeps growing

With another 7.6 billion tonnes of iron ore resource coming from its Howells River North and Howells Lake properties in Labrador, New Millennium Iron (NML-T) counts itself as one of the world’s largest iron ore resource holders.

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