Iron Ore Supply Disruptions Create Market Opportunities, Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Expects Major Developments in 2019

The latest industry developments and production slowdowns have contributed to upward iron ore price pressures As of March 2019, the price of iron ore has registered one of its highest levels in almost a year Iron ore production companies like Black Iron Inc. are positioned to benefit from the opportunities created by the high prices and the latest market dynamics Black Iron expects to sell the premium iron pellet feed it will extract from the Shymanivske Project at rates exceeding the benchmark iron ore price in the coming years

Production disruptions in Brazil and other market dynamics have contributed to surging iron ore prices (http://nnw.fm/of10L). According to the Commonwealth Bank, iron ore prices could be heading back to $100 a ton, a level that has not been reported since 2014.

Since November 2018, iron ore prices have increased by nearly 40 percent. The Vale-BHP Brumadinho Corrego do Feijao mine accident in Brazil contributed to the complete halting of 11 operations by Vale (NYSE: VALE), the world’s largest iron ore miner, as per…

Read More>>

The technical and scientific contents of this article have been reviewed and approved by Matt Simpson, P.Eng., CEO of Black Iron, who is a Qualified Person as defined by NI 43-101.

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Latest News

3 deaths in Missouri as tornado strikes state capital

May 24, 2019

JEFFERSON CITY, Mo. — A "violent tornado" touched down in Jefferson City, causing heavy damage in Missouri's capital city as severe weather swept across the state overnight, causing three deaths and leaving many people trapped in the wreckage of their homes. The service reported that a "confirmed large and destructive tornado" was observed over Jefferson City at 11:43 p.m. Wednesday, moving northeast at 40 mph (64 kph). The capital city has a population of about 40,000 and is located about 130 miles (209 kilometers) west of St. Louis. "Across the state, Missouri's first responders once again responded quickly and with...

Warren campaign releases bankruptcy cases she assisted in

May 24, 2019

WASHINGTON — Elizabeth Warren's presidential campaign on Wednesday released information on dozens of bankruptcy cases the former law professor was involved in, a disclosure that is unlikely to quiet GOP attempts to tie her to the corporate clients she represented. The disclosure includes cases in which Warren served as a consultant, mediator or expert witness in addition to those in which she served as counsel. Previously, during her successful 2012 Senate run against Republican incumbent Scott Brown in Massachusetts, she had released a list of cases in which she served as counsel. As Warren and multiple Democratic presidential rivals release...

Texas 8th-grader wins National Geographic contest

May 24, 2019

WASHINGTON — Nihar Janga, an eighth-grader from Austin, Texas, with an already impressive array of awards, took home top honors Wednesday in the 31st annual National Geographic GeoBee, an elite test of geographic knowledge. Janga triumphed during a competition at the National Geographic Society headquarters in Washington. The student from Austin's Canyon Ridge Middle School was also a co-champion of the 2016 Scripps National Spelling Bee and a top-ten finalist in the 2018 GeoBee. The society also held the first-ever national-level competition of the GeoChallenge, a team competition that asked for innovative solutions to modern problems. This year's challenge: plastic...

Mormon county commissioner in Utah comes out as gay

May 24, 2019

SALT LAKE CITY — Republican lawmaker Nathan Ivie says it took him more than 20 years to come to terms with his identity. But on Wednesday morning the 40-year-old Utah County commissioner sat in front of his computer and publicly shared the secret that has caused him pain and confusion since he was nine years old: He is gay. In a video posted to Facebook that has since been viewed more than 4,000 times, Ivie embraces his sexual orientation and recounts the difficult experience of growing up feeling at odds "spiritually and biologically." Ivie is a member of the Church...

Democrat cautions about Trump's July 4th extravaganza

May 24, 2019

WASHINGTON — A Democratic senator says he fears President Donald Trump's planned July Fourth extravaganza on the National Mall could turn into a giant Trump rally on the taxpayers' dime. Sen. Tom Udall of New Mexico questioned Interior Secretary David Bernhardt at a congressional hearing Wednesday about Trump's Independence Day planning for the National Mall. Trump has tweeted he plans to make this year's celebration one of the biggest in history and deliver a speech from the Lincoln Memorial. Udall is raising concerns that the Trump event would take a "nonpartisan celebration and turn it into a de facto political...

About Us

Travel Leisure Mag is New York City’s travel and lifestyle online magazine with the vision of creating a unique blend of valuable and quality travel experience to the readers. We trust that you will enjoy this experience.

Contact us: sales[at]travelleisuremag.com