-- POSITIVE FEASIBILITY STUDY REPORT FILED ON SEDAR -- NO MATERIAL DIFFERENCES BETWEEN THE RESULTS ANNOUNCED IN PRESS RELEASE DATED JANUARY 23, 2014 -- UPDATED FEASIBILITY STUDY CONTAINS A COMPREHENSIVE MINE TO PORT COST BREAKDOWN OF THE SHYMANIVSKE IRON ORE PROJECT RESULTING IN 48% IRR, 2 YEAR PAYBACK AND US $3.3 BILLION NPV AT 8% DISCOUNT [...]
Feasibility study outlines an operation producing 9.9 million tonnes per year of high-grade 68% iron ore concentrate, projecting a 48% IRR, 2 year payback and a US$3.3 billion NPV at an 8% discount rate Changing to wet cobbing at a finer particle size results in an increase from 10% to 40% rejection of waste rock prior to grinding and elimination [...]
TORONTO, ONTARIO--(Marketwired - Jan 20, 2014) - Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(FRANKFURT:BIN) plans to release the results of its Current Bankable Feasibility Study ("BFS") for its wholly- owned Shymanivske Iron Ore Project in Kriyviy Rih, Ukraine prior to market open on January 23, 2014. Black Iron continues to advance [...]
TORONTO, ONTARIO--(Marketwired - Jan 15, 2014) - Black Iron Inc. (TSX:BKI)(FRANKFURT:BIN) - Rail Protocol (Letter) of Intent Agreement Executed to Secure Transfer of Up to 20 Million Tonnes of Iron Ore Annually Black Iron Inc. ("Black Iron" or the "Company") through its wholly owned subsidiary Shymanivske Steel LLC, an indirect, wholly-owned [...]
TORONTO, ONTARIO--(Marketwired - Jan 9, 2014) - Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(FRANKFURT:BIN) - ALL TRANSACTION APPROVALS HAVE NOW BEEN OBTAINED INCLUDING ANTIMONOPOLY APPROVAL FROM UKRAINIAN AUTHORITIES STRATEGIC DEVELOPMENT ARRANGEMENT EXPECTED TO CLOSE WITHIN TWO MONTHS INCLUDING RECEIPT OF THE INITIAL US$20 [...]
TORONTO, ONTARIO--(Marketwired - Nov 14, 2013) - The Next Biggest Winner, a leading and nationally televised investment show focusing on small-cap and mid-cap companies, is pleased to announce Episode 18 will be airing across Canada this weekend. Take a sneak peek here! EPISODE 18 GUESTS VentriPoint Diagnostics Ltd. (TSX VENTURE:VPT) [...]
TORONTO, ONTARIO--(Marketwired - Oct 22, 2013) - POWER SUPPLY PROTOCOL (LETTER) OF INTENT AGREEMENT EXECUTED TO SECURE PROJECTS ELECTRICAL POWER NEED NATURAL GAS CONFIRMATION NOTICE TO SECURE DELIVERY OF BULK NATURAL GAS SIGNED Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(FRANKFURT:BIN) is pleased to announce that Shymanivske [...]
- Antimonopoly Approval Received from Serbian Authorities - Two of Three Transaction Approvals Are Now Complete With Only Ukraine Antimonopoly Approval Pending - Ukraine Documentation has Been Submitted and Both Black Iron and Metinvest Remain Optimistic That Antimonopoly Approval Will Be Granted TORONTO, ONTARIO--(Marketwired - Oct 7, 2013 [...]
TORONTO, ONTARIO--(Marketwired - Sep 26, 2013) - Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(FRANKFURT:BIN) today announced that its Board of Directors has adopted a shareholder rights plan (the "Rights Plan"). The Rights Plan has been adopted to ensure, to the extent possible, that all shareholders of the Company are treated fairly [...]
- Port Protocol (Letter) of Intent Agreement Executed to Secure Transfer of 9.5 Million Tonnes of Capacity Annually - Protocol of Intent Agreement Takes Effect Immediately and Remains in Effect Until A Full Commercial Contract is Executed TORONTO, ONTARIO--(Marketwired - Sep 16, 2013) - Black Iron Inc. ("Black Iron" or the "Company [...]
- FLUOR SELECTED GIVEN THEIR SOLID PROPOSAL AND REPUTATION AS A LEADING MINE EPCM COMPANY - ANOTHER MILESTONE FOR BLACK IRON ACHIEVED AS THE COMPANY MOVES TO DETAILED DESIGN AND CONSTRUCTION AT THE SHYMANIVSKE IRON ORE MINING COMPLEX TORONTO, ONTARIO--(Marketwired - Aug 20, 2013) - Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI [...]
TORONTO, ONTARIO--(Marketwired - Jul 23, 2013) - DEVELOPMENT ARRANGEMENT AND US$20 MILLION INVESTMENT POTENTIALLY POSITIONS METINVEST AS AN INFLUENTIAL SHAREHOLDER OF BLACK IRON'S DEVELOPMENT PROJECTS THE ARRANGEMENT WILL COME INTO FORCE AFTER OBTAINING ALL NECESSARY PERMITS FROM GOVERNMENT AGENCIES INCLUDING ANTIMONOPOLY ADDITIONAL POTENTIAL [...]