New Millennium Iron Corp.

New Millennium Iron announced today that is has made the necessary filings, and received the necessary approvals to conduct a normal course issuer bid through the facilities of the TSX. The TSX accepted the Corporation's notice to conduct the NCIB to purchase outstanding common shares on the open market, in accordance with the rules of the TSX. As approved by the TSX, the Corporation is authorized to purchase up to [...]

New Millennium Iron announced today the progress of the Taconite Project Feasibility Study it is carrying out jointly with Tata Steel. An interim report has been submitted by the Study Manager. Certain sections remain to be completed. The SM wishes a further period to complete its internal corporate review process, which includes technical aspects and finalization of the capital cost estimates. NML and Tata Steel [...]

New Millennium Iron announced today the completion of drilling for the year 2012. Drilling was carried out at several of its properties in the Millennium Iron Range. The program started on March 2 and was completed on October 22, 2012. During this period 153 holes were drilled for a total of 17,312.6 m. The areas drilled in 2012 are shown in Figure 1. Additional drill results of the Howells Lake area (see Table 2 [...]

New Millennium Iron announced today its financial results for the third quarter ended September 30, 2012. The following review of the Company's financial performance is based on the unaudited Condensed Interim Consolidated Financial Statements and Management's Discussion and Analysis, which have been filed on the SEDAR website. Progress continued in the third quarter on NML's three major iron ore project initiatives [...]

New Millennium Iron announced today that it has appointed Rock Gagnon as Vice-President, Process and Plant Engineering. Mr. Gagnon brings 19 years of experience in design and operation of mineral processing plant and in process design for ferrous, base and precious metals. Since 2005, Mr. Gagnon worked as an independent consultant assisting New Millennium Iron Corp, Tata Steel Minerals Canada Limited ("TSMC") and [...]

New Millennium Iron announced today that ore production of sinter fine products, by Tata Steel Minerals Canada Limited ("TSMC"), a joint venture between Tata Steel Limited and NML, is progressing well, with approximately 250,000 tonnes of production to date. The ore is grading over 63% Fe, and is being processed in a portable dry crushing and screening circuit before shipping (see news release 12-22 dated September [...]

New Millennium announced today the completion of drilling at its 100% owned Perault Lake property and 80%* owned Sheps Lake Property. 48 holes were drilled in Perault Lake for a total of 3890.8 m. and 22 holes in Sheps Lake for a total of 1918.1 m. The combined total area of both Sheps Lake and Perault Lake is approximately 17.25 km² with an average thickness of 60 m, where the taconite is un-altered giving excellent [...]

New Millennium announced today that Tata Steel Minerals, a joint venture between Tata Steel and NML, has started initial mining of saleable iron ore and is stockpiling the product at its Timmins plant site for crushing and screening. A more detailed project update is forthcoming. Dean Journeaux, President and CEO of NML, said: "We are at an important milestone in the Company's history. Production started on September [...]

New Millennium announced today that Tata Steel Minerals Canada Ltd ("TSMC"), a joint venture between Tata Steel and NML, has signed an agreement with the Sept-Îles Port Authority providing TSMC with access to a minimum of 5 million metric tons of annual shipping capacity from the new multi-user deep water dock facility to be located in the Bay of Sept-Îles at Pointe Noire. The Sept-Îles harbour is an ideal location [...]

New Millennium Iron announced today its financial results for the second quarter ended June 30, 2012. The following review of the Company's financial performance is based on the unaudited Condensed Interim Consolidated Financial Statements and Management's Discussion and Analysis, which have been filed on the SEDAR website. Progress continued in the second quarter on NML's three major iron ore project initiatives [...]