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Bullboard - Stock Discussion Forum Champion Iron Ord Shs CIAFF


Primary Symbol: T.CIA

Champion Iron Limited is an Australia-based iron ore exploration and development company. The Company, through its wholly owned subsidiary, Quebec Iron Ore Inc., owns and operates the Bloom Lake Mining Complex, located on the south end of the Labrador Trough, approximately 13 kilometers (km) north of Fermont, Quebec. Bloom Lake is an open-pit operation with two concentrators that primarily... see more

TSX:CIA - Post Discussion

Champion Iron Ord Shs > Was the railroad shut down during fire season ?
View:
Post by ElanS2 on Oct 29, 2024 11:47am

Was the railroad shut down during fire season ?

The Carol Lake  operation was shut down for over a week last summer, 3Q.
Did QNS&L  continue to service Bloom Lake while the IOC mine was shut down?
Comment by ElanS2 on Oct 29, 2024 11:55am
From LIF : IOC's total saleable production (CFS plus pellets) for the third quarter of 2024 was 11% lower than the same quarter last year due to an 11-day site-wide shutdown following forest fires in mid-July. This does not refer to QNS&L. This could have been an opportunity for Bloom to ship more of the stockpiled production. Sales may have exceeded production. That would be nice !
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