• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • NORTH AMERICA EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • NORTH AMERICA EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    market news

    Quebec Iron Ore Confirms the Bloom Lake Mine Restart in Fermont and the Creation of 450 Quality Jobs Français

    Melissa Shaw
    Nov. 16, 2017 08:33AM PST
    Base Metals Investing

    At a press conference held earlier today, Quebec Iron Ore (“QIO”), a Champion Iron Limited (ASX: CIA) (TSX: CIA) (“Champion”) subsidiary, confirmed the March 2018 restart of the Bloom Lake Iron Ore Mine (“Bloom Lake”), located near Fermont, Quebec. After acquiring Bloom Lake in April 2016, QIO has secured the necessary funding and has been upgrading and optimizing the …

    At a press conference held earlier today, Quebec Iron Ore (“QIO”), a Champion Iron Limited (ASX: CIA) (TSX: CIA) (“Champion”) subsidiary, confirmed the March 2018 restart of the Bloom Lake Iron Ore Mine (“Bloom Lake”), located near Fermont, Quebec.
    After acquiring Bloom Lake in April 2016, QIO has secured the necessary funding and has been upgrading and optimizing the facilities, procuring offtake partners and forming mutually beneficial alliances with the host community. QIO is also proud to announce it is in the process of swiftly hiring more than 450 men and women who will participate in the Bloom Lake restart.
     Executive Chairman of the Board and CEO of QIO and Champion, Michael O’Keeffe said:

    “The project especially required an unprecedented commitment from many partners, without whom none of this would have been possible: administrators, investors, government, partners, suppliers, union and employees.
    I want to sincerely thank each and every one of them. Today, the eyes of the world are focused on an iron of exceptional quality, one of the best on the planet. And it’s right here.”

    Click here to read the full text release. 

    market news
    The Conversation (0)

    Go Deeper

    AI Powered
    Two people in suits shake hands, agreeing to a deal.

    Rio Tinto and Hancock Pledge US$1.6 Billion to Advance Hope Downs 2 Iron Ore Project

    Business handshake.

    Cyclone Metals, Vale to Develop Iron Bear Project in US$138 Million Deal

    Latest News

    Questcorp Mining Completes 25 Percent of Maiden Drilling Program at the La Union Gold & Silver Project in Mexico

    Fast-Tracking Gold Production at Livingstone Project WA

    Fathom Announces Completion of the Gochager Lake Summer Field Exploration Program and Further "Footprint" Expansion Along Strike

    Empire Metals Limited Announces Drilling Outlines Large, High-Grade Zone

    Electric Royalties Announces Interest Conversion under Convertible Credit Facility

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×