Copper $ 5.8395 / lb 2.81%
Brent Crude Oil $ 60.64 / bbl -2.74%
Palladium $ 2023.3 / ozt 9.99%
Crude Oil $ 56.74 / bbl -2.76%
Natural Gas $ 4.366 / Btu 4.05%
Silver Futures $ 77.196 / ozt 6.15%
Aluminum Futures $ 2964.5 / ton -0.20%
Micro Gold Futures $ 4585.7 / ozt 1.12%
Micro Silver Futures $ 77.196 / ozt 6.74%
Platinum $ 2471.4 / ozt 7.77%
Gold Futures $ 4552.7 / ozt 0.65%
Go to MDC Markets

Tata Steel gives Labrador Iron Mines a $30 million cash injection

Michael Allan McCrae | March 13, 2013 | 3:15 pm Canada Europe Iron Ore 

Labrador Iron Mines (TSX:LIM) is receiving C$30 million from Tata Steel in return for a 51% interesting in LIM's Howse deposit. The strategic relationship was announced yesterday. Tata and LIM both operate iron ore projects in the Labrador Trough. Labrador...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now