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Century Files on Sedar Technical Report on Feasibility Study for Joyce Lake DSO Project 2015-04-15
TORONTO, ONTARIO--(Marketwired - April 15, 2015) - Century Iron Mines Corporation (TSX:FER) ("Century"), through Labec Century Iron Ore Inc. ("Labec Century"), a joint venture with WISCO International Resources Development & Investment Limited ("WISCO"), is pleased to announce the filing on SEDAR of the National Instrument 43-101 compliant technical report ("Report") summarizing the results of the feasibility study for the Joyce Lake Direct Shipping Ore ("DSO") Project of the Attikamagen Property, Labrador ("FS"). The publicly filed document is consistent with the results disclosed in the news release dated March 2, 2015. The date of the Report is April 14, 2015 and a copy is available under Century's SEDAR profile at www.sedar.com and will be posted on Century's website at www.centuryiron.com. Century is a 60% owner of Labec Century which owns the Joyce Lake DSO Project. The FS was completed by BBA Inc. ("BBA") located in Montreal, Quebec, with inputs from Stantec Consulting Ltd., SGS Canada Inc., Geostat, BluMetric and LVM, a division of Englobe Corp.
Voiseys Bay Information
General 2015-05-10The Voisey's Bay development consists of three major components: an integrated mine and concentrator at the Voisey's Bay site in Labrador that will process ore from the Voisey's Bay deposit; a demonstration hydrometallurgical plant in Argentia to confirm the technological and commercial application of hydrometallurgical technology for Voisey's Bay concentrate; and a processing facility. Construction of the mine and concentrator is complete and mining activity is underway. Vale Inco began processing its first ore in August 2005. Construction of the hydromet demonstration plant was completed in October 2005 and the final phase of the R&D program was completed and the demonstration plant closed in June 2008. Following the completion of the R&D program, Vale Inco will construct a processing facility at Long Harbour, Newfoundland that will produce finished nickel product. Based on what we know today, this facility will cost in the order of US$2.2 billion and during operations employ about 450 people. Construction of the Long Harbour Processing Plant is expected to generate approximately 5,750 person-years of employment.
IFC close to $2.7bn debt refinancing for Mozambique's Nacala railway 2016-10-07The International Finance Corporation, part of the World Bank, expects to close a $2.7-billion debt refinancing for the Nacala Corridor railway project in Mozambique early next year, a senior IFC official said on Friday. The refinancing could help to ease balance sheet pressure on Brazilian miner Vale which is developing the railway and a coal mine in the region.
Vale says rail delay limits new iron mine output to 75m tonnes 2016-09-20Brazil's Vale said on Monday output from its new S11D iron-ore mine in the Amazon region will be limited to 83 percent of full capacity as efforts to preserve cash and limit transport disruptions crimp a needed railway expansion. The $14.3 billion project, Vale's biggest-ever investment, was widely expected to produce up to 90 million metric tonnes a year of iron-ore - the key ingredient in steelmaking - after a two-year ramp-up scheduled to begin by year-end.
Vale says rail delay limits new iron-ore mine output to 75mt 2016-09-20Brazil's Vale said on Monday output from its new S11D iron-ore mine in the Amazon region will be limited to 83 percent of full capacity as efforts to preserve cash and limit transport disruptions crimp a needed railway expansion. The $14.3 billion project, Vale's biggest-ever investment, was widely expected to produce up to 90 million metric tonnes a year of iron-ore - the key ingredient in steelmaking - after a two-year ramp-up scheduled to begin by year-end.
Brazil grants Vale licence for Amazon iron-ore mine rail branch 2016-09-17Brazil granted Vale a ten-year licence to operate a 101-km branch line connecting its $14.3-billion S11D iron-ore mine project in the Amazon jungle to the Carajas Railway, the company said in a statement on Friday. The Carajas Railway branch will allow Vale, the world's largest iron ore exporter, to haul S11D's output to the Port of Ponta da Madeira in Sao Luis, Brasil to ships that will load the product for export.
Brazil's Coelho says Samarco may resume operations subject to conditions 2016-09-15Brazil's Samarco Mineração will be able to resume iron-ore mining operations should co-owners Vale and BHP Billiton come through with promised investments, Mining and Energy Minister Fernando Coelho said on Thursday. Samarco had operations halted last November, when a tailings dam at the mine burst and unleashed a mud flow that killed 19 people, left hundreds homeless and polluted a major river.