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Champion Iron reports record Bloom Lake production
Bloom Lake mine. Image by Champion Iron.
Production at Champion Iron‘s (TSX: CIA; ASX: CIA) Bloom Lake iron ore mine near Fermont, Quebec, inched upward 1% in the year ended March 31, 2021 to a record 8 million wet metric tonnes (wmt) of 66.4% iron ore concentrate – despite covid-19 restrictions that included a month of reduced operations early in the pandemic.
For its most recent quarter, production was 2 million wmt of 66.5% iron ore concentrate, up 6% from 1.9 million wmt in the year earlier quarter. The company reported free on board total cash costs of $43 per dry metric tonne, up from $40.1 per dry metric tonne in the previous period.
Champion Iron reports record Bloom Lake production northernminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northernminer.com Daily Mail and Mail on Sunday newspapers.
Champion Iron reports record Bloom Lake production April 29, 2021
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Production at
Champion Iron‘s (TSX: CIA; ASX: CIA) Bloom Lake iron ore mine near Fermont, Que., inched upward 1% in the year ended Mar. 31, 2021 to a record 8 million wet metric tonnes (wmt) of 66.4% iron ore concentrate – despite Covid-19 restrictions that included a month of reduced operations early in the pandemic.
For its most recent quarter, production was 2 million wmt of 66.5% iron ore concentrate, up 6% from 1.9 million wmt in the year earlier quarter. The company reported free on board total cash costs of US$43 per dry metric tonne, up from US$40.1 per dry metric tonne in the previous period.