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Black Iron jumps 37 pct after announcing $536 million Metinvest deal

Michael Allan McCrae | July 23, 2013 | 6:45 pm Canada Europe Iron Ore 

Black Iron (TSE:BKI) will get backing from Metinvest B.V., Ukraine's largest mining and steel producer, to spend US$536 million developing its Shymanivske project and the Zelenivske project. Black Iron's stock jumped 37% to 21.5 cents on today's announcement. The deal...

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