TORONTO, March 12, 2018 -- Black Iron Inc. continues to advance the Shymanivske Iron Ore Project towards construction. The Company has made significant progress towards acquiring the surface rights for the land required for construction and is working on securing financing for the Project. The Company has received significant interest from potential off-take partners as a result of the strengthening of the iron ore price [...]
TORONTO, March 05, 2018 -- Black Iron Inc. responds to statements made by the President of the United States , Donald Trump, who has indicated his intention to impose a 25% import duty on steel. The Company does not anticipate that these duties, once implemented, will have any significant impact on global iron ore prices despite being a main component of steel given the U.S. only consumes approximately 6% of total global [...]
Black Iron Inc. has filed on SEDAR its National Instrument 43-101 Technical Report entitled "Preliminary Economic Assessment of the Re-scoped Shymanivske Iron Ore Deposit" effective November 21, 2017 for its Shymanivske iron ore project located in Kryvyi Rih, Ukraine . The re-scoped PEA is based on a two-phased build out of the mine and production plant with the first phase operation producing 4MT per year of ultra [...]
Black Iron Inc. has received the results from BBA Inc. for a new Preliminary Economic Assessment that incorporates, among other things, a two-phased build out of the mine and production plant along with updated iron ore selling prices and Ukraine's favourable currency exchange rates for its Shymanivske iron ore project in Kryviy Rih, Ukraine . The updated PEA outlines a first phase operation producing 4Mtpa of ultra [...]
Black Iron Inc. is pleased to announce the hiring of Bill Hart as Senior Vice President Corporate Development. Mr. Hart's main responsibility will be to reach out to his extensive list of relationships with steel mills and trading houses to solicit interest for companies to invest in the construction of Black Iron's Shymanivske iron ore project pursuant to an offtake or constructing financing arrangement. Mr. Hart has [...]
The following is an update on the activities Black Iron Inc. is undertaking to increase shareholder value and move our flagship Shymanivske iron ore project forwards towards production. The following is a brief history of the Company: Black Iron completed a successful initial public offering in 2011 raising approximately $36 million at $1.40/share By 2014, Black Iron management completed a Bankable Feasibility Study [...]
TORONTO, ONTARIO--(Marketwired - Aug 11, 2017) - Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) Chief Executive Officer, Matt Simpson, will participate in a live video interview with Proactive Investors on Monday, August 14, 2017. On July 19, 2017, Black Iron announced the engagement of BBA to develop a new National Instrument 43-101 compliant Preliminary Economic Assessment ("PEA") on its wholly owned [...]
Toronto, Ontario (FSCwire) - Black Iron Inc. (“Black Iron” or the “Company”) announces that the Kryvyi Rih City Council has publicly announced that two parcels of land held by the city of Kryvyi Rih are being transferred to Ukraine’s State Forestry Department in exchange for the future transfer of two parcels of land overlapping a portion of the land Black Iron proposes to use for the pit at [...]
TORONTO, ONTARIO--(Marketwired - Jul 19, 2017) - Having recently received extremely encouraging results from an order of magnitude economic estimate, Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) has decided to proceed with a new Preliminary Economic Assessment ("PEA") on its 100% owned Shymanivske Project ("Project"). The order of magnitude estimate was conducted to validate management's belief that the [...]
Toronto, Ontario (FSCwire) - Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI) is pleased to announce that it recently became a member of the 8020 Connect community. 8020 Connect is the investment industry's newest investor network, developed to deliver corporate information to shareholders, investment industry experts and like-minded investors, while enabling these group members to [...]
Black Iron reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated May 2, 2017 were elected as directors of the Company at the annual and general meeting of shareholders of the Company held on May 31, 2017. At the Meeting, shareholders also approved the appointment of the Company's auditors, KPMG LLP. Black Iron would like to thank its [...]
TORONTO, ONTARIO--(Marketwired - May 10, 2017) - Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(FRANKFURT:BIN) is pleased to announce that Michael Spektor, Black Iron's recently appointed President, has started to acquire a considerable number of Black Iron shares on the Toronto Stock Exchange given his strong belief in the future development of the Shymanivske iron ore project. Mr. Spektor now owns 1,775,000 [...]