ArcelorMittal Mines Canada
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IRON ORE: Arcelor Mittal suspends Mt. Wright mine expansion
QUEBEC – With no thanks to poor markets, ArcelorMittal announced late last week that is suspending an expansion project at the Mt. Wright iron mine. It has cancelled an overburden removal program that was to have started this month and…
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MINING PEOPLE: AndeanGold, ArcelorMittal, and Matamec Explorations
AndeanGold of Vancouver has named Alexander Pena Bottcher as its new president and CEO. He had been serving in an interim capacity since November 2014.
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COMMENT: Top CSR companies ranked by Corporate Knights
Each year a Toronto-based organization called Corporate Knights, “The Company for Clean Capitalism,” ranks Canada’s most socially responsible corporations, and this year several miners are included.
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Lac Lamle off to a good start
Fancamp Exploration’s (FNC-V) first resource estimate on its Lac Lamêlée South iron project in the Fermont mining district of Quebec has outlined 520 million tonnes grading 39.5% Fe at a 22% Fe cut-off grade – about…
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IRON ORE: First bulk carrier of year reaches ArcelorMittal dock
QUEBEC – ArcelorMittal has awarded the iron-headed steel cane to the master of the Panamax Jade, the first transatlantic bulk ore carrier to anchor at the company’s dock in Port-Cartier in 2013. The ship is under the command of Captain…
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Big Money
When planning an expansion at the largest open pit mine in Quebec, thinking big is important. That’s exactly what ArcelorMittal did when it announced a $2.1-billion expansion of the Mont-Wright iron mine and concentrator at Fermont, QC….
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OUTLOOK: Newfoundland and Labrador exports continue to grow
The following was excerpted from material supplied by Export Development Canada, and paints an encouraging picture for the province.
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MERGER: ArcelorMittal, Nunavut Iron team up for successful Baffinland bid
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…
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WHITE KNIGHT: ArcelorMittal comes to the aid of Baffinland with takeover bid
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.
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CANADIAN MINING PERSPECTIVE: New Bloom Lake mine reflects positive outlook for iron ore
Iron ore mining lacks the glamour of gold mining, but without it no aspect of our lives would be the same. Con…
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MINING PEOPLE IN THE NEWS: Actus Minerals, ArcelorMittal Mines, Excalibur, God’s Lake, Silvermex and VMS Ventures
Carl von Einsiedel is the new president and CEO of Vancouver-based Actus Minerals. He is also VP exploration f…
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Pits Before People? It’s Your Call
When you fly across Canada or even the United States for that matter, most of the land you see below is by and large wasteland.
