New Millennium Iron Corp

Labrador Iron Mines to get $30M from Tata subsidiary

Labrador Iron Mines (LIM-T) is expecting to receive $30 million from a subsidiary of India’s Tata Steel, as part of an alliance it recently entered to create cost synergies in the Labrador Trough region, where the two companies operate…


Railroad tracks at Labrador Iron Mines' Howse deposit near Schefferville, Quebec. Source: Labrador Iron Mines

Labrador Iron to get $30M from Tata Steel

Labrador Iron Mines (LIM-T) is expecting to receive $30 million from India’s Tata Steel as part of an alliance it recently entered with the company’s subsidiary to create cost synergies in the Labrador Trough region,…


Miners endorse CN Rail plan for Labrador Trough

In the grand scheme of things Canada isn’t known as a great power in the iron ore business, but a group of forward-thinking mining companies have come together with the Canadian National Railway (CNR-T, CNI-N) to explore igniting a true…


Miners endorse CN Rail plan for Labrador Trough

VANCOUVER — In the grand scheme of things Canada isn’t known as a great power in the iron ore business, but a group of forward-thinking mining companies have come together with the Canadian National Railway (CNR-T, CNI-N) to explore…


Labrador Iron Mines: Canada’s newest iron-ore producer

Toronto-based Labrador Iron Mines (LIM-T) is first out of the gate to cash-in on Canada’s reinvigorated iron-ore hotspot in the Labrador Trough district. Labrador Iron is one of a handful of Canadian developers looking to market iron ore…


Labrador Iron Mines: Canada’s newest iron-ore producer

VANCOUVER — Toronto-based Labrador Iron Mines (LIM-T) is first out of the gate as the race is on to cash-in on Canada’s reinvigorated iron-ore hotspot in the Labrador Trough district. Labrador Iron is one of a handful of Canadian…



Federal gov’t to modernize Port of Sept-les

The Canadian government’s decision to spend up to $55 million  building a deep-water, multi-user dock at the Port of Sept-Îles on  Quebec’s North Shore that complies with the iron ore industry’s new loading…


Cap-Ex’s iron ore discovery grabs market’s attention

Just two short months ago, Cap-Ex Ventures (CEV-V) was one of the smallest and least visible explorer looking for iron ore in Eastern Canada’s Labrador Trough. But as the first assays from the company’s main Block 103 iron ore property near…


Quebec Premier Jean Charest unveiling the Plan Nord development program in Lvis, Que. Photo by Quebec Ministry of Natural Resources and Wildlife

$80B Plan Nord aims to attract more miners to Quebec

Up until about two months ago, management at Western Troy Capital Resources (WRY-V) thought the company might have to come up with as much as $70 million in a public-private cost-sharing partnership to build the Otish Mountain Road, which will…


The beneficiation plant at the Silver Yard, part of Labrador Iron Mines' Schefferville iron ore project in the Labrador Trough. Photo by Labrador Iron Mines

Forging deals in the Labrador Trough (May 23, 2011)

As the acquisition of Quebec-focused iron ore producer Consolidated Thompson Iron Mines (CLM-T) by resource giant Cliffs Natural Resources (CLF-N) finally comes to a close, investors can’t help but wonder which company in the area is next in…


Forging deals in the Labrador Trough (May 16, 2011)

As the acquisition of Quebec-focused iron ore producer Consolidated Thompson Iron Mines (clm-t) by resource giant Cliffs Natural Resources (clf-n) finally comes to a close, investors can’t help but wonder which company in the area is next in…


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