10
Nov
17:43
New Millennium loss narrows in Q3
Canadian iron ore developer New Millennium Iron Ore realised a net loss in the third quarter, Kallanish learns from a company announcement.
New Millennium posted a net loss of CAD 367,000, down from a loss of CAD 27.77 million in Q3 2015. The company attributes the Q3 2015 loss to a non-cash investment impairment charge of nearly CAD 26.8m.
The company’s mineral assets in the Labrador Trough are valued at CAD 62.1.
New Millennium is currently in the …
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Very good overview of the weekly steel market.
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