Champion Iron is temporarily shutting down operational activities at its Bloom Lake mine in response to forest fires north of its operations. In the evening of July 12, 2024, the community of Labrador City, located approximately 20 kilometres from Bloom Lake, was ordered to evacuate. With the forest fires now only a few kilometres from Bloom Lake and to prioritize the safety of its employees, the Company initiated its [...]
Champion Iron announces that it will be hosting a conference call and webcast on July 31, 2024, at 9:00 AM / 11:00 PM with its senior management, during which they will review the Company's operational and financial results for the first quarter ended June 30, 2024, of the financial year ending March 31, 2025. Champion's financial statements and management's discussion and analysis for the first quarter ended June 30 [...]
Champion Iron welcomes the addition of high-purity iron ore to Canada's Critical Minerals List. The List considers minerals based on specific criteria, including their requirements for a national transition to a sustainable low-carbon economy and their strategic sourcing for international allies. The update presented today by the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, recognizes Canada's [...]
Quarterly revenue of $333M, EBITDA of $85M1 and EPS of $0.05 FY2024 revenue of $1,524M, EBITDA of $553M1 and EPS of $0.45 Declares a dividend of $0.10 per ordinary share DRPF project advancing as planned with an expected completion in H2/2025. Champion Iron reports its operational and financial results for its financial fourth quarter and financial year ended March 31, 2024. Champion's CEO, Mr. David Cataford, said, "Our [...]
Champion Iron announces that it will be hosting a conference call and webcast on May 31, 2024, at 9:00 AM / May 31, 2024, at 11:00 PM with its senior management, during which they will review the Company's 2024 fourth quarter and financial year operational and financial results. Champion's financial statements and management's discussion and analysis for the fourth quarter and financial year ended March 31, 2024, will be [...]
Quarterly production of 3.3M wmt, sales of 3.0M dmt and cash cost of approximately $77/dmt1 Solidifying operations at Bloom Lake following a strategy to identify bottlenecks and required investments to expand nameplate capacity beyond 15 Mtpa Ratified a new 5-year collective bargaining agreement with Bloom Lake's unionized employees. Champion Iron reports production results and mining operation expenditures for its [...]
Champion Iron announces it has filed the technical report with respect to the Kamistiatusset Project. The study, prepared pursuant to National Instrument 43-101 - Standards of Disclosure for Mineral Projects and Chapter 5 of the ASX Listing Rules entitled "Pre-Feasibility Study for the Kamistiatusset Iron Ore Property", was filed on SEDAR+, the ASX and the Company's website. The study was prepared by BBA Inc., Soutex [...]
Champion Iron is pleased to announce the appointment of Mr. Ronnie Beevor to its Board of Directors, effective immediately. Mr. Beevor has over 40 years of experience in investment banking and the mining sector, including as Chair and non-executive director of several mining companies in Australia and internationally. He is currently Chairman of Bannerman Energy Ltd., owner of the large Etango uranium deposit in Namibia [...]
Champion Iron is pleased to announce that its unionized employees, represented by the Syndicat des Métallos, who comprise approximately 63% of the workforce at the Company's Bloom Lake mine, have ratified a new 5-year collective bargaining agreement with the Company on Feb 29, 2024. Champion's CEO, Mr. David Cataford said "The CBA, which provides additional stability for our workforce, the community and our Company [...]
Champion Iron announces that its unionized employees represented by the Syndicat des Métallos, representing approximately 63% of the workforce at the Bloom Lake mine, voted against the Company's proposed terms towards a new collective bargaining agreement and voted in favor of a strike action mandate. The Strike Mandate enables the Métallos to initiate at any time a strike if the ongoing discussions do not conclude in a [...]
Record quarterly production of 4.0M wmt, surpassing Bloom Lake's expanded nameplate capacity, revenue of $507M, EBITDA of $247M1 and EPS of $0.24 Advanced work programs in connection with the final investment decision for the DRPF Project Positive results from the Kami Project Study, positioning the Company to consider strategic partnerships to advance the project. Champion Iron is pleased to announce its operational and [...]
MONTRÉAL, Jan. 16, 2024 /CNW/ - - Champion Iron Ltd. announces that it will be hosting a conference call and webcast on January 31, 2024, at 9:00 AM / February 1, 2024, at 1:00 AM with its senior management, during which they will review the Company's financial and operational results for the third quarter ended December 31, 2023, of the financial year ending March 31, 2024. Champion's financial statements and [...]
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