ENVIRONMENTAL REVIEW: Province wants more information from Labrador iron project

LABRADOR - Labrador Iron Mines Holdings of Toronto has received word from the Department of Environment and Conserv...

LABRADOR — Labrador Iron Mines Holdings of Toronto has received word from the Department of Environment and Conservation of Newfoundland and Labrador that the department wants additional information following its review of the company's iron ore project in western Labrador, near Schefferville, QC.

 

The province is seeking information relating to the potential use of the area by woodland caribou, clarification on tailings disposal options and surface water protection, together with additional details on mitigative measures and clarification of storm water management proposals. No additional field work will be required to submit the requested information, most of which has already been collected by the company.

 

After the additional information is submitted, a further public and ministerial review period of up to 100 days is required. Assuming project approval is received by mid-summer, Labrador Iron Mines plans to start construction and development so that it can deliver its first shipment towards the end of the 2009 working season.

 

The deposits were previously examined by Iron Ore Company of Canada (IOC), and some of are partially developed, with extensive benefit to be derived from the existing infrastructure. The historical resource estimate made by IOC was roughly 88 million tonnes.

 

More details of the project are posted at www.LabradorIronMines.com.

 

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