New Millennium Iron announced today that Tata Steel Minerals Canada, a joint venture between Tata Steel and NML, has entered into a long-term agreement with Genesee & Wyoming and its newly formed subsidiary, KéRail, for KéRail to provide rail transportation services to haul up to 4.2 million tonnes of product per annum to the Tshiuetin Rail [...]
New Millennium Iron announced today the signing of an agreement with the Sept-Îles Port Authority providing NML with access to a minimum of 15 million metric tons of annual shipping capacity from the new multi-user deep water dock facility to be located in the Bay of Sept-Îles at Pointe Noire. The Sept-Îles harbour is an ideal location for year [...]
New Millennium Iron announced today that on Friday July 6, members of the local Innu community of Scheffervile have resolved their issues and removed the blockade of the roads to the mining and exploration areas. The peaceful blockade had started on Saturday June 30. Dean Journeaux, President and CEO of NML, said: "We are pleased with the peaceful [...]
New Millennium Iron announced today that on Saturday June 30, some members of the local Innu community of Scheffervile have established a blockade of the area roads to the mining areas. Dean Journeaux, President and CEO of NML, said: "The blockade is peaceful and we are respecting it. We have Impact Benefit Agreements (IBAs) with all the First [...]
New Millennium announced today the results of 2011 drill program conducted by Tata Steel Minerals Canada, a joint venture between NML and Tata Steel. Three deposits were drilled in Area 4: Kivivic 1C, Kivivic 2 and Kivivic 5. The drilling consisted of 40 exploration holes for a total of 1,991 meters resulting in a 28% increase in the indicated and [...]
New Millennium Iron announced today its financial results for the first quarter ended March 31, 2012. The following review of the Company's financial performance is based on the unaudited Condensed Interim Consolidated Financial Statements and Management's Discussion and Analysis, which have been filed on the SEDAR website. Progress continued in [...]
New Millennium Iron announced today the results of the ground gravity survey conducted near the vicinity of the Timmins DSO concentrator plant area by Tata Steel Minerals Canada, a joint venture between NML and Tata Steel. These anomalies are part of 50 strong gravity anomalies with coinciding weak magnetic anomalies outlined by the 2010 Airborne [...]
New Millennium today unveiled drilling results from its Lac Ritchie property in Northern Quebec. Data collected from its 40-hole (3,810 meter) 2011 drilling program bring 3.330 billion tonnes of Indicated Mineral Resources and an additional 1.437 billion tonnes of Inferred Mineral Resources as shown in Table 1 below.
New Millennium Iron Corp. announced today its financial results for the fourth quarter and year ended December 31, 2011. The following review of the Company's financial performance is based on the audited Consolidated Financial Statements and Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2011, which have been filed [...]
New Millennium Iron Corp. announced today that the Corporation has engaged Outotec, a leading provider of technology solutions for the processing of minerals and metals, to provide feasibility engineering for the pelletizing plant facility for the Taconite Project Feasibility Study, currently being undertaken jointly by NML and Tata Steel. Outotec [...]
New Millennium Iron Corp. announced today the signing of an Impact and Benefit Agreement between Tata Steel Minerals Canada Ltd., a joint venture between NML and Tata Steel Limited, and Innu Takuaikan Uashat mak Mani Utenam of Sept-Îles, Quebec. The “life of mine“ agreement promotes and governs a mutually beneficial development of TSMC's direct [...]
Standard & Poor's Canadian Index Operations announces the results of the semi-annual review of the S&P/TSX Venture 30 Index, which will become effective after the close of trading on Friday, February 17, 2012.