Black Iron Inc. continues to advance the Shymanivske Iron Ore Project towards construction. In the second half of this year, the Company hosted a few multibillion-dollar companies at site as part of their due diligence to fund a portion of Project construction in exchange for purchase of the ultra high grade 68% iron content pellet feed iron concentrate expected to be produced. Additionally, several meetings with Ukraine [...]
SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces the publication of an article covering what's driving iron-ore prices and why investors may want to diversify into development-stage opportunities, like Black Iron Inc.. . Benchmark iron ore prices have risen from less than $66.00 per ton in early September to more than $75.00 per ton in recent [...]
SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces the publication of an article covering Black Iron Inc. . There's no doubt that commodity prices have been under pressure this year. Silver and copper are both down nearly 20 percent, platinum is down more than ten percent, gold prices are down more than eight percent, and palladium is down more [...]
Black Iron Inc. management are pleased to announce that the Company has received a formal proposal from Ukraine’s government to lease to the Company a plot of land connected to the Company’s Shymanivske iron ore body for the location of the Project’s processing plant, tailings and waste rock. This marks a significant milestone in the Project’s development and further demonstrates Ukraine [...]
Black Iron reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated May 29, 2018 were elected as directors of the Company at the Annual and Special Meeting of shareholders of the Company held on June 27, 2018. Detailed results of the vote for the election of directors are as follows: Votes For % Votes For Votes Withheld % Votes Withheld [...]
TORONTO, May 09, 2018 -- Black Iron Inc. is pleased to announce the positive results of a recently completed technical study undertaken to evaluate the suitability of the iron content product expected to be produced from Black Iron’s Shymanivske project located in Kryviy Rih, Ukraine, as a raw material for the production of sinter for iron-making. This study conducted by the China Iron and Steel Research Institute [...]
TORONTO, May 02, 2018 -- Black Iron Inc. is pleased to announce the positive results of a study commissioned by Black Iron to determine the Company’s position on the global business cost curve and capital intensity in the context of new development iron ore projects. CRU Group , an internationally recognised top global business intelligence provider and consultancy specializing in commodities, was commissioned to [...]
TORONTO, March 12, 2018 -- Black Iron Inc. continues to advance the Shymanivske Iron Ore Project towards construction. The Company has made significant progress towards acquiring the surface rights for the land required for construction and is working on securing financing for the Project. The Company has received significant interest from potential off-take partners as a result of the strengthening of the iron ore price [...]
TORONTO, March 05, 2018 -- Black Iron Inc. responds to statements made by the President of the United States , Donald Trump, who has indicated his intention to impose a 25% import duty on steel. The Company does not anticipate that these duties, once implemented, will have any significant impact on global iron ore prices despite being a main component of steel given the U.S. only consumes approximately 6% of total global [...]
Black Iron Inc. has filed on SEDAR its National Instrument 43-101 Technical Report entitled "Preliminary Economic Assessment of the Re-scoped Shymanivske Iron Ore Deposit" effective November 21, 2017 for its Shymanivske iron ore project located in Kryvyi Rih, Ukraine . The re-scoped PEA is based on a two-phased build out of the mine and production plant with the first phase operation producing 4MT per year of ultra [...]
Black Iron Inc. has received the results from BBA Inc. for a new Preliminary Economic Assessment that incorporates, among other things, a two-phased build out of the mine and production plant along with updated iron ore selling prices and Ukraine's favourable currency exchange rates for its Shymanivske iron ore project in Kryviy Rih, Ukraine . The updated PEA outlines a first phase operation producing 4Mtpa of ultra [...]