New Millennium Iron Corp (NML.TO) 0.41 $NML.TO
New Millennium Iron Corp. Announces Positive Results for the Taconite Project Feasibility Study
Marketwire - Thu Mar 27, 5:01AM CDT
New Millennium Iron Corp. ("NML" or the "Corporation"
(TSX: NML) (OTCQX: NWLNF) announced today the results of the techno-economic viability of the Taconite Project Feasibility Study ("the Study", which was jointly undertaken by Tata Steel Limited ("Tata Steel" and NML, and financed by the parties on a 64% - 36% basis, respectively. Under the Taconite Project Heads of Agreement (the "HOA" dated March 6, 2011, Tata Steel retains the option to participate in the development in due course, of one or both of the LabMag, and KeMag deposits. The Study consists of three separate scenarios, one for the development of KeMag deposit (100% owned by NML), one for LabMag deposit (80% owned by NML and 20% owned by the Naskapi Nation of Kawawachikamach) and the third which combines the development of the LabMag and KeMag deposits simultaneously. The Study covering all the three scenarios is collectively referred to as the Taconite Project ("TP". Only the LabMag and KeMag deposits will be included in the NI 43-101 Technical Report. The choice of scenario to be developed will be made at the time of the investment decision. The Study Manager is a well-known international consulting firm and, in preparing the Study, was supported by a number of consultants specialized in their respective fields. The Capex and Opex details from the Study have been used by the Corporation to compile the financial summary as noted in Table 1 below. Infrastructure related items in the mine, ferroduct and port are proposed to be owned by third parties and leased to the Project. A reputed international accounting firm was engaged to review the financial model. In preparation for publication of the highlights of the Study, NML has engaged Met-Chem Canada Inc., Montreal, Quebec, to compile a National Instrument 43-101 compliant Technical Report for each of the LabMag and KeMag projects, which is required to be filed on SEDAR within 45 days of publication of this news release.
New Millennium Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2013
Marketwire - Tue Mar 25, 4:30PM CDT
New Millennium Iron Corp. ("NML" or the "Corporation" (TSX: NML)(OTCQX: NWLNF) announced today its financial results for the fourth quarter and year ended December 31, 2013.
New Millennium Iron Corp. Reports 23.45% Increase in DSO Project Indicated Resource Estimate
Marketwire - Mon Feb 24, 5:02AM CST
New Millennium Iron Corp. ("NML" or the "Corporation" (TSX: NML)(OTCQX: NWLNF) announced today the results of the 2012 drill program conducted on the DSO Project by Tata Steel Minerals Canada Ltd. ("TSMC", a joint venture between NML and Tata Steel owned 20% by NML. Three deposits were drilled in Area 4: Kivivic 1C, Kivivic 2 and Kivivic 5 (Figure 1.) The drilling consisted of 28 exploration and definition holes for a total of 1,387.3 meters resulting in a 23.45% increase in the Indicated resource estimate compared to the most recent resource estimate published in 2012 (NR 12-14). The gravity anomaly drilled is one of the 13 strong gravity anomalies outlined by the 2010 Airborne Magnetometer and Gravity survey (NR11-03) and the follow up ground gravity survey (NR12-12).
New Millennium Iron Corp. Provides Update on TSMC's Direct Shipping Ore Project Progress
Marketwire - Mon Jan 20, 5:01AM CST
New Millennium Iron Corp. ("NML" or the "Corporation" (TSX: NML)(OTCQX: NWLNF) today provided an update on 2013 operating and construction activities as well as 2014 plans for the Direct Shipping Ore Project ("DSO" and "Project" owned by Tata Steel Minerals Canada Limited ("TSMC", in which NML has a 20% interest.
New Millennium Iron Corp. Updates the Progress of the Taconite Project Feasibility Study and Expected filing of NI 43-101 Compliant Technical Report Results
Marketwire - Tue Dec 31, 5:01AM CST
New Millennium Iron Corp. ("NML" or the "Corporation" (TSX: NML)(OTCQX: NWLNF) today provided an update on the progress of the Taconite Project Feasibility Study ("TFS", which is being jointly undertaken by Tata Steel Limited ("Tata Steel" and NML, and financed by the parties on a 64% - 36% basis, respectively.
New Millennium Iron Announces the Appointment of Mr. Robert Patzelt as President and CEO, and to the NML Board of Directors, and the Appointment of Mr. Dean Journeaux as Executive Vice-Chairman
Marketwire - Thu Dec 19, 5:01AM CST
New Millennium Iron Corp. ("NML" or the "Corporation" (TSX: NML)(OTCQX: NWLNF) announced today that Mr. Robert Patzelt, Q.C., will join NML effective January 13, 2014 as President and Chief Executive Officer and a Director of the Corporation. He will be based primarily in NML's executive office in St. John's NL and spend considerable time in the NML office in Montreal.
New Millennium Iron Corp. Announces the Appointment of Mr. Dibyendu Bose on the NML Board of Directors as a Replacement of Mr. Partha Sengupta
Marketwire - Fri Dec 13, 5:01AM CST
New Millennium Iron Corp. ("NML" or the "Corporation" (TSX: NML)(OTCQX: NWLNF) announced today that Mr. Partha Sengupta, Vice-President of Raw Materials, including Global Minerals, at Tata Steel Limited ("Tata Steel", has recently resigned as a director of the Corporation, due to the recent changes in organizational structure of the Tata Steel Group.
New Millennium Iron Corp. Announces the Retirement of Mr. Hemant Nerurkar and the Appointment by Tata Steel of Mr. Koushik Chatterjee as a New Member to Its Board
Marketwire - Thu Dec 12, 8:16AM CST
New Millennium Iron Corp. ("NML" or the "Corporation" (TSX: NML)(OTCQX: NWLNF) announced today that Mr. Hemant Nerurkar, formerly Managing Director of Tata Steel Limited ("Tata Steel", Jamshedpur, India recently resigned as a director of the Corporation. Mr. Nerurkar retired from Tata Steel on October 31, 2013.
New Millennium Iron Corp. Updates the Progress of the Taconite Project Feasibility Study and Announces Engagement of a Qualified Consultant for the Filing of a NI 43-101 Compliant Report
Marketwire - Thu Nov 28, 5:01AM CST
New Millennium Iron Corp. (TSX: NML)(OTCQX: NWLNF) ("NML" or the "Corporation" today provided an update on the progress of the Taconite Project Feasibility Study ("TFS", which is being jointly undertaken by Tata Steel Limited ("Tata Steel" and NML, and financed by the parties on a 64% - 36% basis, respectively.
New Millennium Announces Financial Results for the Third Quarter Ended September 30, 2013
Marketwire - Wed Nov 13, 5:01AM CST
New Millennium Iron Corp. (TSX: NML)(OTCQX: NWLNF) ("NML", "Company" or the "Corporation" announced today its financial results for the third quarter ended September 30, 2013.
New Millennium Iron Corp. Announces Positive Results for the Taconite Project Feasibility Study
Marketwire - Thu Mar 27, 5:01AM CDT
New Millennium Iron Corp. ("NML" or the "Corporation"
(TSX: NML) (OTCQX: NWLNF) announced today the results of the techno-economic viability of the Taconite Project Feasibility Study ("the Study", which was jointly undertaken by Tata Steel Limited ("Tata Steel" and NML, and financed by the parties on a 64% - 36% basis, respectively. Under the Taconite Project Heads of Agreement (the "HOA" dated March 6, 2011, Tata Steel retains the option to participate in the development in due course, of one or both of the LabMag, and KeMag deposits. The Study consists of three separate scenarios, one for the development of KeMag deposit (100% owned by NML), one for LabMag deposit (80% owned by NML and 20% owned by the Naskapi Nation of Kawawachikamach) and the third which combines the development of the LabMag and KeMag deposits simultaneously. The Study covering all the three scenarios is collectively referred to as the Taconite Project ("TP". Only the LabMag and KeMag deposits will be included in the NI 43-101 Technical Report. The choice of scenario to be developed will be made at the time of the investment decision. The Study Manager is a well-known international consulting firm and, in preparing the Study, was supported by a number of consultants specialized in their respective fields. The Capex and Opex details from the Study have been used by the Corporation to compile the financial summary as noted in Table 1 below. Infrastructure related items in the mine, ferroduct and port are proposed to be owned by third parties and leased to the Project. A reputed international accounting firm was engaged to review the financial model. In preparation for publication of the highlights of the Study, NML has engaged Met-Chem Canada Inc., Montreal, Quebec, to compile a National Instrument 43-101 compliant Technical Report for each of the LabMag and KeMag projects, which is required to be filed on SEDAR within 45 days of publication of this news release. New Millennium Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2013
Marketwire - Tue Mar 25, 4:30PM CDT
New Millennium Iron Corp. ("NML" or the "Corporation"
(TSX: NML)(OTCQX: NWLNF) announced today its financial results for the fourth quarter and year ended December 31, 2013. New Millennium Iron Corp. Reports 23.45% Increase in DSO Project Indicated Resource Estimate
Marketwire - Mon Feb 24, 5:02AM CST
New Millennium Iron Corp. ("NML" or the "Corporation"
(TSX: NML)(OTCQX: NWLNF) announced today the results of the 2012 drill program conducted on the DSO Project by Tata Steel Minerals Canada Ltd. ("TSMC", a joint venture between NML and Tata Steel owned 20% by NML. Three deposits were drilled in Area 4: Kivivic 1C, Kivivic 2 and Kivivic 5 (Figure 1.) The drilling consisted of 28 exploration and definition holes for a total of 1,387.3 meters resulting in a 23.45% increase in the Indicated resource estimate compared to the most recent resource estimate published in 2012 (NR 12-14). The gravity anomaly drilled is one of the 13 strong gravity anomalies outlined by the 2010 Airborne Magnetometer and Gravity survey (NR11-03) and the follow up ground gravity survey (NR12-12). New Millennium Iron Corp. Provides Update on TSMC's Direct Shipping Ore Project Progress
Marketwire - Mon Jan 20, 5:01AM CST
New Millennium Iron Corp. ("NML" or the "Corporation"
(TSX: NML)(OTCQX: NWLNF) today provided an update on 2013 operating and construction activities as well as 2014 plans for the Direct Shipping Ore Project ("DSO" and "Project" owned by Tata Steel Minerals Canada Limited ("TSMC", in which NML has a 20% interest. New Millennium Iron Corp. Updates the Progress of the Taconite Project Feasibility Study and Expected filing of NI 43-101 Compliant Technical Report Results
Marketwire - Tue Dec 31, 5:01AM CST
New Millennium Iron Corp. ("NML" or the "Corporation"
(TSX: NML)(OTCQX: NWLNF) today provided an update on the progress of the Taconite Project Feasibility Study ("TFS", which is being jointly undertaken by Tata Steel Limited ("Tata Steel" and NML, and financed by the parties on a 64% - 36% basis, respectively. New Millennium Iron Announces the Appointment of Mr. Robert Patzelt as President and CEO, and to the NML Board of Directors, and the Appointment of Mr. Dean Journeaux as Executive Vice-Chairman
Marketwire - Thu Dec 19, 5:01AM CST
New Millennium Iron Corp. ("NML" or the "Corporation"
(TSX: NML)(OTCQX: NWLNF) announced today that Mr. Robert Patzelt, Q.C., will join NML effective January 13, 2014 as President and Chief Executive Officer and a Director of the Corporation. He will be based primarily in NML's executive office in St. John's NL and spend considerable time in the NML office in Montreal. New Millennium Iron Corp. Announces the Appointment of Mr. Dibyendu Bose on the NML Board of Directors as a Replacement of Mr. Partha Sengupta
Marketwire - Fri Dec 13, 5:01AM CST
New Millennium Iron Corp. ("NML" or the "Corporation"
(TSX: NML)(OTCQX: NWLNF) announced today that Mr. Partha Sengupta, Vice-President of Raw Materials, including Global Minerals, at Tata Steel Limited ("Tata Steel", has recently resigned as a director of the Corporation, due to the recent changes in organizational structure of the Tata Steel Group. New Millennium Iron Corp. Announces the Retirement of Mr. Hemant Nerurkar and the Appointment by Tata Steel of Mr. Koushik Chatterjee as a New Member to Its Board
Marketwire - Thu Dec 12, 8:16AM CST
New Millennium Iron Corp. ("NML" or the "Corporation"
(TSX: NML)(OTCQX: NWLNF) announced today that Mr. Hemant Nerurkar, formerly Managing Director of Tata Steel Limited ("Tata Steel", Jamshedpur, India recently resigned as a director of the Corporation. Mr. Nerurkar retired from Tata Steel on October 31, 2013. New Millennium Iron Corp. Updates the Progress of the Taconite Project Feasibility Study and Announces Engagement of a Qualified Consultant for the Filing of a NI 43-101 Compliant Report
Marketwire - Thu Nov 28, 5:01AM CST
New Millennium Iron Corp. (TSX: NML)(OTCQX: NWLNF) ("NML" or the "Corporation"
today provided an update on the progress of the Taconite Project Feasibility Study ("TFS", which is being jointly undertaken by Tata Steel Limited ("Tata Steel" and NML, and financed by the parties on a 64% - 36% basis, respectively. New Millennium Announces Financial Results for the Third Quarter Ended September 30, 2013
Marketwire - Wed Nov 13, 5:01AM CST
New Millennium Iron Corp. (TSX: NML)(OTCQX: NWLNF) ("NML", "Company" or the "Corporation"
announced today its financial results for the third quarter ended September 30, 2013. 
