Team Picture

Team Picture
Drilling Camp Rockland's Retty Lake Cu-Ni-PGM Property, Labrador Trough, Quebec June 2011

Tuesday, July 12, 2011

Schefferville News - First iron ore train in 30 years leaves Schefferville

The following is a story from Mining.com. Labrador Iron Mines (LIM-TSX) is working near Rockland Minerals (RL-V) in the Labrador Trough. This story exemplifies the tremendous mining infrastructure that has been developed and re-activated near Rockland's 2 exploration properties in NE Quebec.

Labrador Iron Mines has made significant strides towards the start-up of production at its Schefferville Area direct shipping iron ore project in western Labrador, near the town of Schefferville Quebec. On June 29, 2011 the first loaded iron ore train departed Silver Yards for the Port of Sept-Iles travelling over the TSH and QNS&L railways. This historic event is the first commercial iron ore train from the Schefferville area in almost 30 years. Production Commenced at James Mine and Silver Yards Plant...

Railroad
In February 2011, the Company signed a memorandum of understanding (“MOU”) with Tshiuetin Rail Transportation Inc. (“TSH”) for the transportation of iron ore over the Menihek Division with an agreed tariff rate for calendar year 2011...

Port
LIM has signed a MOU with the Sept-Iles Port Authority for the use of the Pointe aux Basques terminal for handling and ship loading of LIM’s iron ore for the 2011 season and potentially beyond. LIM has also signed an agreement with a port terminal operator for the unloading, stacking and ship loading of iron ore at Pointe aux Basques. LIM will have exclusive use of the Pointe aux Basques terminal for iron ore shipments...

For the complete story to go Mining.com.

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