Labrador Iron Mines Holdings Limited: Labrador Iron Mines Announces Results of Preliminary Economic Assessment of the Houston Project
with low re-start capital and robust economics
Toronto, Ontario (Newsfile Corp. - March 9, 2021) - Labrador Iron Mines Holdings Limited
(OTC: LBRMF) ( LIMH or the Company ) announces the results of an independent Preliminary Economic Assessment ( PEA ) on its Houston Project prepared by
Roscoe Postle Associates Inc ( RPA ), now part of SLR Consulting Ltd.
The Houston Project is an open pit, direct shipping, iron ore project located in the Labrador Trough region in eastern Canada, near the town of Schefferville, Quebec, consisting of the Houston 1, 2 and 3 deposits in Newfoundland and Labrador, and the Malcolm deposit in Quebec. The Houston Project is owned 100% by Labrador Iron Mines Limited ( LIM ) and its wholly-owned subsidiary Schefferville Mines Inc. ( SMI ). LIMH owns 52% of LIM.
Uttarakhand flood: Scientists highlight the need to improve monitoring of glaciers
Gathering baseline data will help in understanding the hydrology, geology and climate change response of Himalayan glaciers. The site of a destroyed hydroelectric power station in Raini village of Uttarakhand. | Anshree Fadnavis/ Reuters
As authorities race to rescue people trapped in Uttarakhand, following a devastating landslide-induced flash flood on February 7, scientists have called for deciphering the possibility of glacier-related hazards and enhance the capabilities of monitoring and early warning in the high mountain areas.
Scientists in a review published on February 2, before the floods, stressed on improved in situ monitoring network for weather, hydrology and glacier change as a crucial requirement for predicting the future of this resource and associated hazards and their impact on regional water, energy and food security.