Century Iron Mines is pleased to announce that it has filed its consolidated financial statements for the third fiscal quarter ended December 31, 2013 and the related management's discussion and analysis on SEDAR. The Company had as at December 31, 2013 cash and cash equivalents of $32 million and accounts receivable of $24 million, of which $12 million were tax credits receivable. In addition, its joint venture, Labec [...]
Century is pleased to announce the completion of the acquisition of the remaining interest to own 100% of the Attikamagen Lake Project. In consideration, Century received $1,020,000 for the issuance of 2,000,000 common shares and 1,000,000 purchase warrants in accordance with the terms of the Transaction, among other terms already fulfilled and as described in previous news releases. Pursuant to the terms of the [...]
Century Iron Mines is pleased to announce positive assay results from Phase II of its 2013 drilling program at the Joyce Lake DSO Project located 20 kilometres northeast of Schefferville, Québec. Phase II of the Drilling Program was conducted from September 15 to November 16, 2013, during which time the Company completed a total of 2,942 metres of triple tube HQ core drilling. The positive results from Phase I of the [...]
Century Iron Mines is pleased to announce the appointment of Peter R. Jones as Executive Vice President. In addition to his other business interests, Mr. Jones will devote the majority of his time to the development of Century's mining projects focusing initially on the Joyce Lake Direct Shipping Ore (DSO) project. "Century is delighted to engage an executive of Mr. Jones' calibre to lead our mining team starting with the [...]
Century Iron is pleased to announce that Rebecca Ng is a recipient of the Women's Executive Network's 2013 Canada's Most Powerful Women: Top 100 Awards. Co-Presented by Scotiabank and KPMG, these Awards celebrate and highlight the professional achievements of women across the country in the private, public and not-for-profit sectors at a time when corporate Canada is under growing pressure to promote more female leaders [...]
Century Iron is pleased to announce that Labec Century Iron Ore Inc. has completed in escrow the previously announced acquisition from Champion Iron Mines Limited of its remaining interest in the Attikamagen Lake Project. Labec Century will, upon completion of required title registrations, own 100% of the Attikamagen Lake Project. The joint venture between Labec Century and Champion for the Attikamagen Lake Project will [...]
Century Iron Mines is pleased to announce that it has filed its condensed consolidated interim financial statements for the second fiscal quarter ended September 30, 2013 and the related management's discussion and analysis on SEDAR. The Company and its Attikamagen joint venture had as at September 30, 2013 cash and cash equivalents of approx. $56.6 million. The Company had exploration and evaluation assets of $25.6 [...]
Century Iron Mines is pleased to announce positive assay results from its 2013 winter drilling program at the Joyce Lake DSO Project located east of Schefferville, Québec. The Drilling Program focused on expanding the in-pit direct shipping ore resources previously reported in the Preliminary Economic Assessment Study Report dated May 8, 2013. The Drilling Program also tested satellite targets near the planned pit area [...]
Century Iron Mines is pleased to announce that it has entered into an agreement to acquire, through a Century wholly-owned subsidiary, from Champion Iron Mines, Champion's remaining interest in the Attikamagen Lake Project. Upon completion of the Transaction, Century, indirectly and directly, together with Labec Century Iron Ore will own a 100% interest in the Project. Labec Century is a joint venture formed with WISCO [...]
Century Iron Mines is pleased to announce the results of its 2013 Annual General and Special Meeting of shareholders held on September 26, 2013. Sandy Chim, (President & CEO), Ben Koon (David) Wong, Maurice Strong, Howard Bernier, Paul Murphy, Hua Bai, Yi Jun Kuang, Wei Ke Peng and Jionghui Wang were elected to the Company's board of directors. The detailed results of the proxies submitted for the vote on the election of [...]
Century Iron announces that WISCO International Resources Development & Investment has today completed its second $20 million equity investment in the joint venture between Century and WISCO International for the Attikamagen iron property. The Joint Venture's interest in the Attikamagen Project is held by Labec Century Iron Ore, which holds a 56% interest in the Attikamagen Project pursuant to its option and joint [...]
Century Iron is pleased to announce that it is renewing its normal course issuer bid. Normal Course Issuer Bid Renewal: The Company has applied to the TSX to renew its NCIB. The Company's previous NCIB expired on August 21, 2013. During the period when that program operated, a total of 677,000 common shares of the Company were repurchased and cancelled, at an aver