New Millennium Iron Announces Start of Initial Mining of Saleable Iron Ore
09/12/2012 - New Millennium Iron Corp. (NML) announced that Tata Steel Minerals Canada Ltd, a joint venture between Tata Steel and NML, has started initial mining of saleable iron ore and is stockpiling the product at its Timmins plant site for crushing and screening.
New Millennium Iron Corp. (NML) announced that Tata Steel Minerals Canada Ltd, a joint venture between Tata Steel and NML, has started initial mining of saleable iron ore and is stockpiling the product at its Timmins plant site for crushing and screening. A more detailed project update is forthcoming.
Dean Journeaux, President and CEO of NML, said, “We are at an important milestone in the company’s history. Production started on 10 September 2012, stripping having started in mid-August. This is a very positive development for NML’s shareholders as the company becomes an iron ore producer.”
