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Bloom Lake restart breathes new life into Quebec/Labrador economies

By:  
Creamer Media Deputy Editor: North America
 
IRON-ORE
Champion Iron Ore announced the official restart of the Bloom Lake mine, near Fermont, Quebec, on Wednesday, providing a healthy economic injection to the region through the employment of 450 people. Hitting a significant milestone only 19 months after acquiring the mothballed high-grade iron-ore asset on the cheap, the company’s TSX-listed equity gained as much as 15% during trading hours Wednesday.
 
 
 
 
 

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