Canadian Mining Journal


Iron Ore


  • News

    IRON-TITANIUM RESOURCE: Argex offers estimate for La Blache property

    May 18, 2011 by Canadian Mining Journal Editor

    QUEBEC – Montreal’s Argex Mining is pleased with the recent 43-101 report on its La Blache iron-titanium-vanadium project 145 km north of Baie Comeau. The property contains a measured and indicated resource of 30.9 million tonnes grading 63.29%…

  • News

    IRON ORE DEVELOPMENT: Rail deal arranged for LIM’s Schefferville project

    April 28, 2011 by Canadian Mining Journal Editor

    LABRADOR – Labrador Iron Mines Holdings of Toronto has signed a rail services agreement with Western Labrador Rail Services (WLRS) for the movement of iron ore from the company’s Silver Yards processing facility in western Labrador to the main…

  • News

    IRON ORE STUDY: PEA for Lac Otelnuk looks positive

    April 18, 2011 by Canadian Mining Journal Editor

    QUEBEC – Adriana Resources of Toronto has revised the preliminary economic assessment (PEA) for its Lac Otelnuk iron ore project in Nunavik and says the outlook is positive. The study, using a US$100 per tonne FOB Sept-Iles, examined an…

  • News

    IRON ORE DEVELOPMENT: LIM raises further $110-M for DSO project

    April 5, 2011 by Canadian Mining Journal Editor

    LABRADOR and QUEBEC – Toronto’s Labrador Iron Mines Holdings (LIM) has completed a successful $110-million equity financing with which move its direct shipping iron ore (DSO) project near Schefferville closer to production. Most of the money…

  • News

    IRON ORE EXPANSION: Second phase of expansion at IOC concentrator to cost $227-M

    February 8, 2011 by Canadian Mining Journal Editor

    LABRADOR – Rio Tinto has given the go-ahead for the next US$227-million step to expand production at Iron Ore Company of Canada’s concentrator at Labrador City. IOC is owned by Rio Tinto (59% and operator), Mitsubishi (26%) and Labrador Iron…

  • News

    IRON ORE RESOURCES: Eagle Island deposit hosts a billion tonnes at 29% Fe

    February 7, 2011 by Canadian Mining Journal Editor

    ONTARIO – Toronto-based Rockex Mining says that according to 43-101 numbers, its Eagle Island deposit contains 590.8 million tonnes grading 28.84% Fe in the indicated category and 415.8 million tonnes grading 29.47% Fe in the inferred category….

  • News

    MERGER: ArcelorMittal, Nunavut Iron team up for successful Baffinland bid

    January 17, 2011 by Canadian Mining Journal Editor

    NUNAVUT – Almost four months have passed since Toronto-based Nunavut Iron Ore first proposed a takeover of Baffinland Iron Mines, owner of the Mary River iron ore project 160 km south of Mittimatalik (Pond Inlet). Nunavut Iron offered US$0.08…

  • News

    MERGER: Cliffs deal values Consolidated Thompson at $4.9 billion

    January 12, 2011 by Canadian Mining Journal Editor

    MONTREAL – Cliffs Natural Resources of Cleveland, OH, has made a $4.9-billion all-cash bid to acquire Consolidated Thompson Iron Mines, the company that recently put the Bloom Lake iron ore mine near Fermont, QC, into production. Cliffs is…

  • News

    IRON ORE RESOURCE: Rockex claims 1-B tonnes at Lake St. Joseph project

    December 8, 2010 by Canadian Mining Journal Editor

    ONTARIO – Toronto-based junior Rockex Limited estimates that indicated and inferred resources at its 100%-owned Western Lake St. Joseph iron ore project top 1.0 billion tonnes (no cutoff) grading between 26% and 29% Fe. The numbers apply…

  • News

    IRON ORE EXPLORATION: Baffinland discovers new deposit with 70% Fe

    November 23, 2010 by Canadian Mining Journal Editor

    NUNAVUT – Baffinland Iron Mines of Toronto reports that its latest discovery, the No.9 deposit, is high grade. Assays from surface sampling averaged 70.3% Fe across an east-south-easterly striking zone. The two samples were taken from an iron…

  • News

    WHITE KNIGHT: ArcelorMittal comes to the aid of Baffinland with takeover bid

    November 15, 2010 by Canadian Mining Journal Editor

    TORONTO – Faced with a hostile takeover bid from upstart Nunavut Iron Ore Acquisition, Baffinland Iron Mines has accepted an offer from ArcelorMittal worth $433 million, a premium of 37.5% over NIO’s offer.

  • News

    FINANCING: Consolidated Thompson’s tops up treasury with $200-M bought deal

    November 8, 2010 by Canadian Mining Journal Editor

    MONTREAL – Consolidated Thompson Iron Mines has entered into an agreement with a syndicate of underwriters to …