Ukraine stays resilient, says Black Iron CEO as firm’s main shareholder increases stake
Mining News Pro - Canadian miner Black Iron’s largest shareholder has increased its ownership in the company to 15%, at a time when the iron ore developer has been forced to suspend work at its Shymanivske project in Ukraine, due to the ongoing Russian attack.
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Ukrainian government relocates Black Iron`s processing plant and tailings facility
Mining News Pro - Black Iron announced this week that Ukraine`s Ministry of Defence has developed a plan to transfer to another area the parcel of land originally sought by the company as the location of a processing plant, tailings and waste rock for its Shymanivske iron ore project.
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Black Iron inks MOU with Glencore on Shymanivske project
Mining News Pro - Black Iron and Glencore are in talks to finance construction of the junior’s Shymanivske iron ore project and have signed a non-binding memorandum of understanding to begin formal negotiations on the financing and offtake package.
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