Labrador Iron Mines Holdings Ltd. provides an update on advancing the ongoing Preliminary Economic Assessment on its Houston direct shipping iron ore project in Labrador, Canada. The Company is working to advance Stage 2 of its planned direct shipping ore mining operations, which involves the development of its Houston Project. As previously reported, LIM has engaged Roscoe Postle Associates Inc. , a division of SLR, to [...]
Annual Meetings of Shareholders Voting Results at AGM Labrador Iron Mines Holdings Ltd. held its Annual Meeting of Shareholders on October 28, in Toronto, Canada. At the meeting, John Kearney, Chairman and Chief Executive Officer, reported to shareholders: "In light of persistently stronger iron ore prices over the past two years, and with increased inquiries and expressions of interest from potential off-takers seeking [...]
Labrador Iron Mines Holdings Limited today announced that it is initiating a Court-supervised restructuring process under the Companies' Creditors Arrangement Act in order to facilitate a restructuring and refinancing of its business operations. LIM did not resume mining operations in the 2014 or 2015 operating seasons, due to the deteriorating iron ore market conditions and particularly in the context of LIM's previous [...]
Requirement for Refinancing and RestructuringVoluntary Delisting from the TSX TORONTO, Feb. 13, 2015 /CNW/ - Labrador Iron Mines Holdings Limited ("LIM" or the "Company") today reports its operating and financial results for the third quarter and nine months ended December 31, 2014. Full details of the results can be found in the Company's Management's Discussion and Analysis and unaudited Financial Statements for the [...]
Includes Non-cash Asset Impairment Charges TSX: LIM TORONTO, Nov. 17, 2014 /CNW/ - Labrador Iron Mines Holdings Ltd. ("LIM" or the "Company") (TSX: LIM) today reports its operating and financial results for the second quarter and six months ended September 30, 2014. Full details of the results can be found in the Company's Management's Discussion & Analysis and unaudited financial statements for the quarter and six [...]
TSX: LIM TORONTO, Sept. 18, 2014 /CNW/ - Labrador Iron Mines Holdings Ltd. ("LIM" or the "Company") (TSX: LIM) today held its Annual Meeting of Shareholders in Toronto, Canada. At the meeting, LIM's Chairman and Chief Executive Officer, John Kearney, provided shareholders with an update on the Company's activities in 2014, noting a strategic shift in corporate focus and priorities, including the development of the [...]
Planning Underway for Howse Initial Production in 2016 TSX: LIM TORONTO, Sept. 18, 2014 /CNW/ - Labrador Iron Mines Holdings Ltd. ("LIM" or the "Company") (TSX: LIM) reports positive drill results from its $5 million exploration program on the Howse Deposit, held in joint venture with Tata Steel Minerals Canada ("TSMC") (LIM 49% / TSMC 51%). LIM is also pleased to provide an update on development and planning in [...]
TSX: LIM TORONTO, July 31, 2014 /CNW/ - Labrador Iron Mines Holdings Ltd. ("LIM" or the "Company") (TSX: LIM) today reports its operating and financial results for the first quarter ended June 30, 2014. HIGHLIGHTS LIM did not conduct any mining operations during the fiscal first quarter and carried out only a limited number of standby activities at site. For the first quarter ended June 30, 2014, LIM [...]
Development Plans for Flagship Houston Project Well Advanced TSX: LIM TORONTO, July 2, 2014 /CNW/ - Labrador Iron Mines Holdings Ltd. ("LIM" or the "Company") (TSX: LIM) today reports its operating and audited financial results for the fiscal year ended March 31, 2014 and provides an update on plans for its 2014 season. HIGHLIGHTS LIM completed its third operating season in December 2013 and achieved its sales [...]
Notice: Conference Call and Webcast held today at 11:30 am ET. Dial-in: +1 (647) 427-7450 or +1 (888) 231-8191 TSX: LIM TORONTO, Feb. 14, 2014 /CNW/ - Labrador Iron Mines Holdings Ltd. ("LIM" or the "Company") (TSX:LIM) reports its financial and operating results for the third quarter and nine months ended December 31, 2013. HIGHLIGHTS LIM completed its third operating season in December 2013. During the quarter [...]
TSX: LIM TORONTO, Dec. 4, 2013 /CNW/ - Labrador Iron Mines Holdings Ltd. ("LIM" or the "Company") (TSX:LIM) reports the successful completion of 10 shipments of iron ore totalling approximately 1.7 million wet metric tonnes ("wmt") for its 2013 operating year. Ship 9, the Myrtalia, departed from the Port of Sept-Îles on November 22, 2013, carrying approximately 169,000 wmt of 58% Fe sinter product. Ship 10, the Anangel Sailor, is scheduled to depart the Port on December 4, 2013, carrying approximately 100,900 wmt of 62% Fe lump product. With the sale of two shipments completed in November and early December... [...]
Notice: Conference Call and Webcast held today at 11:00 am ET. Dial-in: +1 (647) 427-7450 or +1 (888) 231-8191 TSX: LIM TORONTO, Nov. 15, 2013 /CNW/ - Labrador Iron Mines Holdings Ltd. ("LIM" or the "Company") (TSX:LIM) reports its financial and operating results for the second quarter ended September 30, 2013. HIGHLIGHTS During the quarter, LIM sold four shipments of iron ore totalling 652,000 dry tonnes [...]