Translation of French CBC News...New Millennium Iron Mines ( NML ) has provided an update Monday on its ongoing operations in the Labrador Trough , the Direct Shipping Ore (DSO) project. Mining confirms that it still has the ambition to exploit both deposits and Kémag LabMag iron in the Labrador Trough , even if the company is behind schedule.
Meanwhile, the company focuses on the development site production DSO , which contains more than 120 million tons of ore , of which just over half an iron content of about 60 %.
The year 2013 was a test . Tata Steel Minerals Canada ( TSMC ), the partner responsible for the operation NML has obtained authorization to begin operating in February.
The first ore cars went by train from Schefferville to the port of Sept-Îles in July. Transport continued until mid -November. The first sales were made in September with the departure for Europe of a first vessel carrying 77,000 tonnes of ore.
The mining and its partner TSMC injected 50 million dollars in the construction of multi-user berth in the Port of Sept -Îles. Meanwhile, the completion of the work , Tata Steel entered into an agreement with IOC for the ore is unloaded from the train, stored and loaded for export.
rail network
Meanwhile, the mining has continued its work to expand its network of railways around its deposits. NML has almost completed the construction of the railway line that goes up the side Silver Yards Newfoundland and Labrador.
Has suspended construction of the Quebec portion of the section ( Kérail ) until April. Work should resume later . The railway line to Tshiuetin Rail , including KéRail section should be operational by June 2014.
path - of-war
Construction of the complex treatment and discharge system , storage and rail loading of production should be carried out during the summer and fall .
Kémag and LabMag
NML also owns mineral rights deposits the Millennium Iron Range . Mining has two projects, LabMag contains 3.5 billion tonnes of proven and probable reserves and KÈMag which would contain 2.1 billion tonnes of proven and probable reserves.
Vice President , Dean Journeaux confirms that work is ongoing. However, according to Mr. Journeaux, the production facilities are not yet in place. The feasibility study took a year late. Dean Journeaux still believes . "It is , he says , to get through presentations, public consultations. We will do it in full to convince people , or to explain to people the pros and cons . There are many pros . "
The project would create in excess of 1000 jobs for decades.
As the work on the operating DSO site, building the dome must accommodate treatment facilities iron is almost completed. The construction of complex mineral processing should be completed in the fourth quarter of 2014 , with commissioning by the end of the year.
The meeting with the leaders of New Millennium was organized in the framework of the activities of the Canadian Institute of Mining, north-east section .