Ukraine-focused iron developer Black Iron has provided an update on the progress of a formal offtake process and construction and investment agreements for its Shymanivske iron ore project. Black Iron is reviewing proposals from the first round of submissions from…
In the following interview excerpt, iron ore expert Matt Simpson, co-founder and CEO of junior Black Iron (TSX: BKI; US-OTC: BKIRF), explains the new landscape for iron ore markets worldwide in the wake of Vale’s horrific tailings dam disaster near…
UKRAINE – Black Iron and Glencore are in talks to finance construction of the junior’s Shymanivske iron ore project and have signed a non-binding memorandum of understanding to begin formal negotiations on the financing and offtake package. The companies envision an investment…
UKRAINE – Black Iron of Vancouver and Metinvest BV, Ukraine’s largest mining and steel producer, have signed a deal to jointly develop Black Iron’s Shymanivske and Zelenivske iron ore projects in Kryvyi Rih. Metinvest will make an initial…
Low operating costs and proximity to steel mills in Europe and the Middle East make Black Iron’s Shymanivske iron ore project in the Ukraine a compelling proposition, despite fluctuations in the iron ore price, the Toronto-based company…
Avalon Rare Metals of Toronto has named Mark Wiseman to the position of VP sustainability. He is a graduate of the University of Guelph with a BSc in zoology and later obtained his MBA at Laurentian University in Sudbury. Most recently, he…
Black Iron Inc. of Toronto has named George A. Mover its COO. He is the former project general director of Ferrexpo Yeristovo Mining. He will be based at Black Iron’s Shymanivske project site in Krivoy Rog, Ukraine.