As an emerging world-class iron ore producer, Consolidated Thompson currently operates in the iron ore-rich area spanning northeastern Quebec, western Newfoundland and Labrador. Consolidated Thompson manages and operates Bloom Lake, an open-pit iron ore mine, and two adjacent development properties, Lamelee and Peppler Lake.

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His investments and involvement in developing iron ore assets in Canada started in 2005 as a substantial shareholder in Consolidated Thompson Iron Mines Limited and a joint venture partner, through an affiliated company, of the Bloom Lake mine.

Cliffs Natural Resources Inc. acquired the mine as part of a $4.3-billion (U.S.) takeover of Consolidated Thompson Iron Mines Ltd. in 2011 when iron-ore prices topped $190 a metric ton.

He was found guilty of insider trading in November last year, for buying shares on insider information – the results of a feasibility study into Consolidated Thompson's Bloom Lake mine.

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Bloom Lake General Partner Limited Bloom Lake Railway Company Limited Bloom Lake Iron Ore Mine Limited Partnership Cliffs Québec Iron Mining ULC (f/k/a Consolidated Thompson Iron Mines Limited) ENTITY ASSETS Bloom Lake Business CQIM Holds 83% interest in Bloom Lake GP and Bloom Lake LP Holds a interest in: Bloom Lake Railway Company

The iron ore mine covers about 600 sq km in southern Australia. Deng Qilin, general manager of Wuhan Iron and Steel, said the pending deal was a win-win under the current financial crisis.

type of deposit as ore bodies currently being mined by Québec Cartier Mining's (Arcelor Mittal) Fire Lake Mine and Consolidated Thompson's Bloom Lake Mine. Recently, Argex expanded its land holdings near Baie-Comeau, Québec surrounding Consolidated Thompson's Lac Brûlé Titanium-Iron-Vanadium deposit.

Throughout his 35-year mining career as a professional engineer and entrepreneur, Quesnel has contributed to the successful development of several large gold, copper, nickel and iron ore mining properties around the world. Consolidated Thompson: Bloom Lake (President and CEO) Taseko Mines: Gibraltar Mine (General Mine Manager)

Consolidated Thompson started preliminary development work at its Bloom Lake property in the fall, and is already launching activities aimed at preparing the site for future exploitation of this ...

Cliffs acquired majority ownership of Bloom Lake — a mine in the iron-rich Labrador Trough that began production in 2010 — as part of its takeover of Consolidated Thompson Iron Mines Ltd. in a ...

This is comprised of approximately 3 million tons of both iron ore pellets and concentrate products from its Wabush operation with Bloom Lake Mine making up the remainder of the expected sales volume.

Montreal-based Consolidated Thompson Iron Mines Ltd., a development and exploration mining company, announced that it has entered into an offtake agreement and a credit agreement with SK Networks Co. Ltd. of South Korea.

Cliffs acquired majority ownership of Bloom Lake — a mine in the iron-rich Labrador Trough that began production in 2010 — as part of its takeover of Consolidated Thompson Iron Mines Ltd. in a $4.9-billion deal that closed in 2011.

Consolidated Thompson is an exploration and development company, with approximately 79.9 million shares outstanding and trades on the TSX Venture exchange under the symbol CLM.

Feb 15, 2013· In January, Cliffs said it would take a $1 billion charge to write down the value of its C$4.07 billion ($4.06 billion) takeover of Consolidated Thompson Iron Mines Ltd, a …

Jul 12, 2011· Cliffs Doubles Quarterly Dividend ... as part of its takeover of Consolidated Thompson Iron Mines as well as for general corporate purposes. ... operates the Bloom Lake open-pit iron ore mine …

In his capacity for over 5 years as President and Chief Executive Officer of Consolidated Thompson, he was responsible for the successful development of Consolidated Thompson's Bloom Lake iron ore deposit which came into commercial production in early 2010, just three years after completion of …

SKN has committed to purchase annually, for a 10-year term, one million tonnes of iron ore concentrate from CLM's Bloom Lake mine. The credit agreement provides for a US$50 million unsecured five-year term credit facility which is expected to be available for drawdown prior to January 31, 2010.

* To offer common shares at C$4.40/shr * To use proceeds at Bloom Lake property . Aug 31 (Reuters) - Consolidated Thompson Iron Mines Ltd CLM.TO said it would raise C$125 million ($114.4 million ...

Consolidated Thompson Iron Mines Limited is an exploration and development mining company. The Company believes that its updated positive Feasibility Study, based on the current understanding of the quality and size of the Bloom Lake deposit, reflects the potential to expand and advance the project and exploit other opportunities in the iron ...

Aug 09, 2018· Bloom Lake (first developed by Consolidated Thompson, which was later bought out by Cliffs). Initial ore sales were in May 2010. ... the Bloom Lake mine shut down only after 5 years of operations. ... This entry was posted in general investing, mining, stocks.

After acquiring the majority of shares for the Bloom Lake mining complex from Consolidated Thompson in 2011 and investing significantly in that mine, Cliffs Natural Resources decided, in November 2014, to suspend all mining operations at Bloom Lake (Cliffs Natural Resources, news release, October 19, 2014).

After the sale of Consolidated Thompson to Cliffs, Mr. Vallee acted as VP Project Development for Phase II of Bloom Lake operation. He has also been involved as Senior Vice President, Project ...

The Bloom Lake Iron Ore Mine Limited Partnership . Registered as a limited partnership pursuant to the Ontario Limited Partnerships Act on July 15, 2009 and is current until July 13, 2019. The address of the Partnership is: 199 Bay Street, Suite 4000, Toronto, ON M5L 1A9 The General Partner is . Bloom Lake General Partner Limited

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August 31, 2007 08:49 ET. Consolidated Thompson Remains on Track to Develop Bloom Lake at 7.0 Million Tonnes/Year. The Company is Not Proceeding With …