NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (
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Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN), a Canadian iron ore exploration and development company, is making strides in the development of its 100 percent owned Shymanivske iron ore deposit advantageously located in Kryvyi Rih, Ukraine. An article discussing the company reads, “Black Iron recently announced positive momentum in its search for a parcel of land suitable for the company’s processing plant, tailings and waste rock associated with the Shymanivske project (http://nnw.fm/xA5Gl). . . . In a recent news release, Black Iron noted that Ukraine’s Ministry of Defense (“MOD”) has developed a plan to transfer the parcel of land outlined in the company’s re-scoped Preliminary Economic Assessment (“PEA”) to Black Iron, pending final discussions that include a compensation package to cover replacement and relocation of MOD facilities. The land parcel is owned by Ukraine’s central government and is being used by Ukraine’s MOD for training purposes, per the release.”
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