Articles Tagged "Iron Company News"

Champion Iron Partners Up to Advance Rail Feasibility

Iron – Champion Iron Limited (TSX:CIA) announced that the Government of Québec and Lac Otelnuk Mining Ltd., a joint venture between Adriana Resources ("Adriana") and WISCO International Resources Development & Investment Limited, have formed a partnership for the advancement of a feasibility study for a new rail line in the Labrador Trough. The partnership is called "La Société ferroviaire du Nord québécois," or the SFNQ.

Oceanic Iron Closes Private Placement

Iron – Oceanic Iron Ore (TSXV:FEO,OTCQX:FEOVF) announced it has closed a private placement, raising gross proceeds of $3,049,750. The company had issued 15,248,750 units with each unit consisting of one common share and one share purchase warrant allowing the holder to purchase an additional common share for $0.30 until April 9, 2017.

Alderon Iron Ore Makes Progress With Kami Project Transmission Line

Iron – Alderon Iron Ore Corp. (TSXV:ADV) gave an update on the construction of a new transmission line that will power its Kami iron ore project as well as other users in the area. Newfoundland and Labrador Hydro have cleared 20 kilometers to prepare for the installation of a third transmission line from Churchill Falls to Labrador West.