Champion Iron shares rise after update boosts Bloom Lake resources by 40%
Mining News Pro - An update for Champion Iron‘s Bloom Lake mine in northeast Quebec has increased measured and indicated resources by 40% and inferred resources by 360%, boosting company shares by more than 6% on Wednesday.
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Champion Iron Q4 production drops 7% due to lower head grade
Mining News Pro - Champion Iron has provided operational results for its fiscal fourth quarter and full year ended March 31, 2022. The company owns and operates the Bloom Lake mining complex, located on the south end of the Labrador Trough, approximately 13 km north of Fermont, Quebec, and 10 km north of the Mont Wright iron ore mining complex held by ArcelorMittal Mines Canada.
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Champion Iron breaks records at Bloom Lake
Mining News Pro - Champion Iron (TSX, ASX: CIA) announced today that the company posted strong operational and financial results for the first quarter ended June 30, breaking quarterly production records at the Bloom Lake mine in Québec and recording its highest ever operating cash flow.
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