Black Iron takes on Ukrainian iron ore

2012-12-4 · Low operating costs and proximity to steel mills in Europe and the Middle East make Black Iron''s Shymanivske iron ore project in the Ukraine a compelling proposition, despite fluctuations in the iron ore price, the Toronto-based company says.. The open pit project, 330 km southeast of Kiev in the heart of the Krivbass iron ore mining district, is expected to produce …

Major Mines & Projects | Shymanivske Project

Based on Ukraine mining regulations 50 m flat segments were considered for every 60 m vertical separation. The pit that has been designed for the Shymanivske Project is approximately 1,200 m long and 750 m wide at surface with a maximum pit depth from surface of 300 m. The total surface area of the pit is roughly 2,000,000 m2 .

Black Iron Year-End Update on Shymanviske Advancement

2018-12-19 · The Shymanivske project contains a NI 43-101 compliant resource estimated to be 646 Mt Measured and Indicated mineral resources, consisting of 355 Mt Measured mineral resources grading 31.6% total ...

Black Iron: Back to Business in the Ukraine | Financial Post

2017-4-10 · Iron rich rock at Black Iron''s Shymanivske project in Ukraine. Article content. In 2014, Black Iron ( T.BKI) was really close to initiating construction of its Ukraine iron ore project until a war broke out in the Eastern part of the country at the same time as iron ore prices started to dramatically fall leading the project to go dormant.Now, with iron ore prices rebounding back to …

Black Iron Makes Progress to Secure Key Land

About Black Iron. Black Iron is an iron ore exploration and development company, advancing its owned Shymanivske project located in Kryvyi Rih, Ukraine. The Shymanivske project contains a NI 43-101 compliant resource estimated to be 646 Mt Measured and Indicated mineral resources, consisting of 355 Mt Measured mineral resources grading 31. ...

BLACK IRON''S SHYMANIVSKE PROJECT MEASURED & …

2012-9-18 · About Black Iron Black Iron is an iron ore exploration and development company advancing its -owned Shymanivske project located in Kryviy Rih, Ukraine. This project contains a NI 43-101 compliant resource with 645.8 Mt measured and indicated mineral resources; consisting of 355.1 Mt measured mineral resources at 32.0% iron using a cut off grade

Iron Ore Price Strength Generates Significant Offtake …

The Shymanivske project contains a NI 43-101 compliant mineral resource estimated to be 646 Mt Measured and Indicated mineral resources, consisting of 355 Mt Measured mineral resources grading 32.0% total iron and 19.5% magnetic iron, and Indicated mineral resources of 290 Mt grading 31.1% total iron and 17.9% magnetic iron, using a cut-off ...

Ukraine president backs US$1bln Black Iron project

2020-6-22 · Construction at the Shymanivske iron ore project, which began in 2010, was suspended after Russia''s invasion of Crimea in 2014 impacted on the region''s mining industry. The deposit, which has a resource defined from around 54,000 metres of drilling, lies less than 2 kilometres from two open-pit iron ore mines owned by ArcelorMittal and ...

BLACK IRON RELEASES FEASIBILITY STUDY SHOWING …

2012-11-15 · Bankable Feasibility Study ("BFS") completed on its Shymanivske Iron Ore Project located in Kryviy Rih, Ukraine (the "Project"). The BFS outlines an operation producing 9.2 million tonnes per year of high-grade 68% iron ore concentrate, projecting a 45.9% internal rate of return ("IRR") and a U.S. $3.5 billion net present value ...

Black Iron: Spike in Iron Ore Prices Supports Economics of …

2012-12-4 · Low operating costs and proximity to steel mills in Europe and the Middle East make Black Iron''s Shymanivske iron ore project in the Ukraine a compelling proposition, despite fluctuations in the iron ore price, the Toronto-based company says.. The open pit project, 330 km southeast of Kiev in the heart of the Krivbass iron ore mining district, is expected to produce …

Black Iron Retains Wood PLC To Complete Shymanivske …

2021-6-30 · Black Iron is an iron ore exploration and development company, advancing its owned Shymanivske project located in Kryviy Rih, Ukraine. The Shymanivske project contains a mineral resource estimated in accordance with CIM Definition Standards for Mineral Resources and Mineral Reserves (May 2014), and reported using NI 43-101 standards.

Black Iron: Spike in Iron Ore Prices Supports Economics of …

2020-9-9 · The shymanivske iron ore deposit is located approximately 330km southeast of kiev in central ukraine, within the krivbass krivoy rog basin iron ore mining district. most of the iron ore production in ukraine is from the krivbass basin. the krivoy rog basin is a paleoproterozoic synclinorium structure in the archean ukrainian shield.Jan 13, 2021 ...

BLACK IRON YEAR-END UPDATE ON SHYMANVISKE …

An offer to lease a portion of the surface rights over which the Shymanivske ore body is located has also been made by the Kryviy Rih City Council who own this land. The signing of a lease is pending Black Iron (i) finalizing discussions with Ukraine''s central government on the MOD parcel of land, and (ii) Black Iron finalizing an agreement ...

Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Advancing …

2019-4-16 · Black Iron Inc. is focusing on its Shymanivske iron ore project in Ukraine; The company''s projects are in the heart of Ukraine''s iron ore belt; Black Iron recently closed the final tranche of a private placement; Based in Toronto, Ontario, Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) is a Canadian iron ore exploration and development ...

Black Iron Retains Wood PLC To Complete Shymanivske …

2021-6-30 · The FS will build on the amended Preliminary Economic Assessment of the Shymanivske Iron Ore Deposit published in March 2020 with an effective date of November 21, 2017 (the "PEA"), which ...

Project Overview – Black Iron Ore

Black Iron is an iron ore exploration and development company, advancing its owned Shymanivske project ("the Project") located in Kryviy Rih, Ukraine. The Shymanivske project is surrounded by five operating iron ore mines, including several owned by Metinvest and ArcelorMittal''s iron ore complex. People are generally becoming much more ...

BLACK IRON TO RELEASE BANKABLE FEASIBILITY STUDY …

2014-1-20 · Bankable Feasibility Study ("BFS") for its wholly- owned Shymanivske Iron Ore Project in Kriyviy Rih, Ukraine prior to market open on January 23, 2014. Black Iron continues to advance its Shymanivske Project and de-risk its pathway to production. As previously announced in September and October 2013 and earlier this

RETRANSMISSION: Black Iron''s Shymanivske Project …

2014-8-12 · Full mineral resource details can be found in the National Instrument 43-101 compliant technical report dated January 24, 2014 titled "Feasibility Study of the Shymanivske Iron Ore Deposit for Black Iron Inc." under the Company''s profile on SEDAR at The project is surrounded by five other operating mines, including ArcelorMittal ...

Shymanivske Iron Ore Project, Krivyi Rih, Dnepropetrovsk, …

2022-3-16 · The Shymanivske iron ore project will be operated as an open-pit mine with drilling and blasting followed by loading and hauling. The pit design features an overall pit slope of 47 o with 15m-high benches and a 10.6m-wide berm at every two benches. Mining operations at historic waste dumps sections will be conducted in 5m benches at a bench ...

Black Iron posts PEA results for its Shymanivske iron ore …

2011-11-1 · On October 31, Canadian iron ore exploration and development company Black Iron issued the results of its preliminary economic assessment (PEA) for its Shymanivske iron ore project in Kryviy Rih, Ukraine.. The PEA outlines the production possibility of 7.3 million mt per year iron ore pellet plant feed or 7.6 million mt per year of iron ore pellets over a 28-year mine …

BLACK IRON FILES POSITIVE NI 43-101 TECHNICAL …

2012-12-18 · BREAKDOWN OF THE SHYMANIVSKE IRON ORE PROJECT WITH 45.9% IRR, 2.2 YEAR PAYBACK AND US $3.5 BILLION NPV AT 8% DISCOUNT TORONTO, CANADA, December 18, 2012 – Black Iron Inc. ("Black Iron" or the "Company") (TSX: BKI; FRANKFURT: BIN) announces that it has filed a National Instrument 43-101 compliant technical report dated …

Site visit: Black Iron advances Shymanivske …

2018-7-2 · Only a few weeks before, in late January 2014, Black Iron had completed a bankable feasibility study at Shymanivske showing attractive economics for a 10-million-tonne-per-year iron ore mine, producing a premium …

Black Iron to acquire Ukraine government land to advance …

2019-11-14 · Black Iron Inc (OTCMKTS:BKIRF) announced Thursday that it has achieved a major milestone in its Shymanivske iron ore project development in Ukraine.. The Toronto-based junior miner said in a statement that it has struck an agreement with Ukraine''s government to acquire a key parcel of land being used by the country''s Ministry of Defense for the location of Black …

Preliminary Economic Assessment (PEA) – Black Iron Ore

A summary of the NI 43-101-compliant Mineral Resources is provided in Table 1-1 below. The Mineral Resource estimate for the Shymanivske deposit was completed using block sizes of 10 m x 20 m x 15 m and is based on 215 historical diamond drill holes, drilling from Black Iron''s twin hole program (22 holes), and its definition-drilling program (41 holes).

Environmental Case For Black Iron''s Expected High Grade …

2021-6-7 · Black Iron''s Shymanivske mine will be ideally placed to deliver high grade 68% iron content pellet feed which sits at the top 4% purity in the world as shown in the chart below. To meet future anticipated demand for high purity pellet feed, CRU business intelligence estimates that an additional 133 million tonnes of supply will need to be ...

Black Iron to acquire Ukraine government land to advance …

2019-11-14 · The Ukraine Ministry of Defense has agreed to transfer a 1,263-hectare parcel of land adjacent to Black Iron''s Shymanivske ore body

Black Iron Inc updates on efforts to advance Shymanivske …

2020-10-2 · Steel mills and global traders can secure the right to purchase the group''s initial entire expected annual production of 4 million tonnes of...

Iron ore concentrate available in Odessa port

2020-5-4 · Related Offers - Iron ore concentrate available in Odessa port. Available Iron ore 62% (Made In CHILE) Magnetite iron ore for sale. Offering Magnetite Iron ore. 105 EUR. Iron ore offer, 20,000 metric tons. 135 USD. Magnetite Iron Ore Fe …

Ukrainian government relocates Black Iron''s processing …

2019-3-15 · Shymanivske iron ore project. Black Iron. ... Black Iron said that it is only seeking a portion of the land held, which is located adjacent to its Shymanivske ore body.

Black Iron: Putting the Shymanivske Iron Ore Project into …

2019-11-7 · The Shymanivske deposit has a measured and indicated resource of 646 million tonnes grading 31.6 percent iron and an inferred resource …

Black Iron

Black Iron''s 100 percent owned Shymanivske iron ore project is located in Kryviy Rih, Ukraine, 330 kilometers southeast of Kiev and 450 kilometers west from the conflict in the Donbass.

Black Iron, Glencore discuss offtake for Shymanivske in …

2019-2-21 · Black Iron (TSX: BKI; US-OTC: BKIRF) and Glencore (LON: GLEN) are in talks to finance construction of the junior''s Shymanivske iron ore project in Ukraine, and have signed a non-binding memorandum of understanding (MOU) to begin formal negotiations on the financing-offtake package. "They have had their eye on this project for a while, and a number of things …

Black Iron won''t publish Shymanivske feasibility until there …

2022-4-6 · The Shymanivske project is 330 km southeast of Kyiv and lies in the heart of central Ukraine''s KrivBass iron ore mining district. The deposit is in …

Black Iron to release bankable feasibility study for the …

2012-11-8 · This project contains a NI 43-101 compliant resource with 645.8 Mt measured and indicated mineral resources using a cut off grade of 10% magnetite iron; consisting of 355.1 Mt measured mineral ...

Shymanivske Iron Ore Project, Ukraine

2019-11-14 · Black Iron Inc (OTCMKTS:BKIRF) announced Thursday that it has achieved a major milestone in its Shymanivske iron ore project development in Ukraine.. The Toronto-based junior miner said in a statement that it has struck an agreement with Ukraine''s government to acquire a key parcel of land being used by the country''s Ministry of Defense for the location of Black …