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Labrador Iron Mines Holdings Ltd LBRMF

Steel Steel
Labrador Iron Mines Holdings Limited, through its subsidiaries, is engaged in the exploration and development of iron ore projects situated in the Menihek area of western Newfoundland and Labrador and northeastern Quebec, near the town of Schefferville, in the central part of the Labrador Trough region of eastern Canada, an iron ore producing regions in the world. The Company’s focus is planning and financing activities related to advancing the Houston Project, its flagship property. The Houston Project is an open pit direct shipping iron ore project located near the town of Schefferville. It holds approximately 50 million tons in historical direct shipping iron ore resources in various deposits. It also holds the Elizabeth Taconite Project, which has an Inferred mineral resource estimate. Its Schefferville Area Projects include James Deposit, Redmond Mine, Knob Lake Deposit, Houston & Malcolm, Sawyer Lake Deposit, Astray Lake Deposit and Kivivic No. 1 & 2 Deposits.


GREY:LBRMF - Post by User

Labrador Iron Mines Holdings Ltd
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Post by opti007on Dec 03, 2019 2:16pm
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Post# 30418170

Hope the labour problems in the area are sorted out soon ...

Hope the labour problems in the area are sorted out soon ...
007

https://ici.radio-canada.ca/nouvelle/1382444/greve-transport-ferroviaire-tshiuetin-renvoi-knob-lake-timmins

Le minerai coinc Schefferville

La sixime semaine de grve se termine aujourd'hui chez Transport ferroviaire Tshiuetin. Aucun minerai de fer ne transite donc sur la voie ferre depuis la fin du mois de septembre.

Tata Steel affirme avoir essuy des pertes de 22 millions de dollars cause de la grve.

________
Ore stuck in Schefferville

The sixth week of the strike passes today at Tshiuetin Rail Transportation. As a result, no iron ore has been on the railway since the end of September.

Tata Steel claims to have lost $ 22 million because of the strike. The mining company is refusing to say for the moment whether operations are continuing and whether employees have been laid off.


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