Canadian Mining Journal

Iron Ore

  • IRON ORE: Champion arranges off-take, financing with Glencore for Bloom Lake

    August 29, 2017 by Canadian Mining Journal

    QUEBEC – Montreal’s Champion Iron has secured conditional financing of $31 million from Glencore International for its Bloom Lake iron ore mine reopening. As part of the deal, Champion and Glencore will enter into an off-take agreement with fixed terms

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    COPPER: EnGold reaps good grade from Lac La Hache property

    August 8, 2017 by Canadian Mining Journal

    BRITISH COLUMBIA – Vancouver’s EnGold Mines continues to drill the copper-rich skarn it discovered at Lac La Hache last year, and the assays are promising. Hole G17-23, located 112 metres west-southwest from discovery hole, has intersected 18.75 metres grading 1.13

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    Canadian mines take backseat to world’s iron ore, copper giants

    July 20, 2017 by Canadian Mining Journal

    While our latest feature section is filled with top-10 lists of Canadian mining and its burgeoning junior exploration and development sector, it’s always good to take a step back and look at where the big money in mining is truly

  • IRON ORE: Champion borrows $180M for Bloom Lake restart

    July 13, 2017 by Canadian Mining Journal

    QUEBEC – Champion Iron of Montreal has secured US$180 million in debt financing with which to reopen the Bloom Lake iron ore mine 400 km north of Sept-Iles. The loan is made to Champion subsidiary Quebec Iron Ore by la

  • IRON ORE: Samarco restart delayed into 2018

    July 4, 2017 by Canadian Mining Journal

    BRAZIL – BHP Billiton of Australia has approved a total of US$250 million in financial support for the Samarco iron ore clean up through the end of this year. The company says operations are unlikely to restart this year. Samarco

  • Iron ore: Champion signs rail transport deal for Bloom Lake concentrate

    June 20, 2017 by Canadian Mining Journal

    Quebec — Champion Iron subsidiary Quebec Iron Ore has signed a confidential agreement with a rail transportation company to move iron ore concentrate from its Bloom Lake mine near Fermont, Que. The company is preparing to put the past-producing open-pit

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    AWARD: Quebec North Shore & Labrador RR wins Quebec Transport prize

    June 15, 2017 by Canadian Mining Journal

    QUEBEC – Iron Ore Company of Canada won the grand prize in the railway transport category for its interactive database project for geotechnical risk management. The award was made in Montreal at Quebec’s Transport Excellence Awards gala earlier this week.

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    TRANSPORTATION: Solution from Volga-Dnepr boosts Mary River production target

    May 31, 2017 by Canadian Mining Journal

    NUNAVUT – Volga-Dnepr Airlines’ outsize cargo specialists came up with an innovative solution to help the Canadian mining company Baffinland Iron Mines increase its iron ore production quota in 2017 at its Mary River operation on the northeast coast of

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    IRON ORE: Champion signs off-take, loan for Bloom Lake

    May 18, 2017 by Canadian Mining Journal

    QUEBEC – Quebec Iron Ore, a subsidiary of Champion Iron in Montreal, has signed an off-take agreement and arranged bridge financing for the restart of the Bloom Lake iron ore mine 400 km north of Sept-Iles. The mine is capable

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    IRON ORE: Oceanic moves Hopes Advance to FEED stage

    April 17, 2017 by Canadian Mining Journal

    QUEBEC – Montreal-based Oceanic Iron Ore Corp. is moving its Hope Advance project into the front end engineering design (FEED) stage with the choice of Met-Chem Canada. The project is located on Ungava Bay, west of the village of Aupaluk.

  • IRON ORE: Innu sign IBA for Champion’s Bloom Lake mine

    April 13, 2017 by Canadian Mining Journal

    QUEBEC – A subsidiary of Montreal-based Champion Iron Limited, Quebec Iron Ore Inc., has signed an impact and benefits agreement with the Innu of Takuaikan Uashat mak Mani-utenam (ITUM) regarding the Bloom Lake iron ore mine 400 km north of

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    IRON ORE: Alderon counts the billions to come from Kami development

    April 5, 2017 by Canadian Mining Journal

    LABRADOR – Alderon Iron Ore Corp. of Vancouver has released a new study outlining the significant economic benefits and positive contributions of the Kami (Kamistiatusset) iron ore project in the Labrador Trough. The independent economic impact assessment says the project