Last C$0.44 CAD
Change Today +0.005 / 1.16%
Volume 2.0K
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century iron mines corp (FER) Snapshot

Open
C$0.44
Previous Close
C$0.43
Day High
C$0.44
Day Low
C$0.44
52 Week High
04/15/14 - C$0.65
52 Week Low
09/9/13 - C$0.40
Market Cap
43.0M
Average Volume 10 Days
4.1K
EPS TTM
C$-0.06
Shares Outstanding
98.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
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Current Stock Chart for CENTURY IRON MINES CORP (FER)

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century iron mines corp (FER) Details

Century Iron Mines Corporation, together with its subsidiaries, acquires, explores, and evaluates mineral properties in Canada. It explores for iron ores in the provinces of Québec, and Newfoundland and Labrador. The company owns interests in the Attikamagen JV Properties, which consists of approximately 1,087 mineral exploration claims covering approximately 36,142 hectares located in the northeast of Schefferville, Québec; and the Sunny Lake JV Properties that comprises approximately 901 mining claims covering approximately 44,049 hectares located north of Schefferville in the Labrador Trough region. Its also owns interests in the Duncan Lake property consisting of approximately 534 mining claims covering approximately 25,605 hectares located in the western part of the La Grande Greenstone Belt in the James Bay region of Québec; and the Altius Properties, which covers an area of 106,255 hectares located in the Labrador Trough region of western Labrador. The company has strategic partnerships with WISCO International Resources Development & Investment Limited and Minmetals Exploration & Development (Luxembourg) Limited S.àr.l. for the exploration and development of its iron ore projects. Century Iron Mines Corporation is headquartered in Toronto, Canada.

38 Employees
Last Reported Date: 06/25/14

century iron mines corp (FER) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: C$395.0K
Senior Vice President of Corporate Finance & ...
Total Annual Compensation: C$200.0K
General Counsel, Corporate Secretary and Chai...
Total Annual Compensation: C$144.0K
Vice President of China Operations and Direct...
Total Annual Compensation: C$150.0K
Consultant
Total Annual Compensation: C$350.0K
Compensation as of Fiscal Year 2013.

century iron mines corp (FER) Key Developments

Century Iron Mines Corporation Announces Board Changes

Century Iron Mines Corporation announced the resignation of Mr. Yi Jun (Thomas) Kuang as a director of Century Iron effective immediately. The Board of Directors has appointed Mr. Jun (James) Feng as a director, representative of WISCO, to replace Mr. Kuang on the Board of Directors. Mr. Feng currently serves as Chief Financial Officer of Labec Century Iron Ore Inc. and WISCO Century Sunny Lake Iron Mines Limited. Mr. Feng is a senior accountant and has worked for WISCO for the past eighteen years.

Century Iron Mines Corporation Announces 143% Increase in M+I Resource Estimate for its Joyce Lake DSO Project

Century Iron Mines Corporation announced the results of a National Instrument 43101 mineral resource estimate on its Joyce Lake DSO Project. The Project is part of the Attikamagen Project in the Province of Newfoundland and Labrador, 20 kilometres northeast of Schefferville, Québec. The mineral resource estimate was prepared by SGS Canada Inc. SGS Geostat Group ("SGS") of Blainville, Québec. SGS has been engaged to prepare a NI 43101 Technical Report on the Joyce Lake DSO Project, which will be made available on SEDAR within 45 days of this news release. The Joyce Lake DSO deposit was discovered and confirmed by Century through ground gravity survey, surface geological mapping and sampling with 12,963 metres of reversal circulation ("RC") and diamond drilling ("DDH") leading to a first resource estimate. In 2013, Century conducted a further systematic RC, DDH and channel sampling drilling program at Joyce Lake. The 2013 drilling program included 56 drill holes totaling 6,244 metres and 16 channels covering an area approximately 1,700 metres along strike and 800 metres in width. The 2013 drilling program, with drill hole spacing of 50 metres NWSE by 40 metres NESW at the central part of the deposit, expanded and increased the measured category of resources substantially. The mineralization remains open to the south.

Century Iron Mines Corporation Provides Updated Results on Phase II of its 2013 Drilling Program for the Joyce Lake DSO Project

Century Iron Mines Corporation announce positive assay results from Phase II of its 2013 drilling program at the Joyce Lake DSO Project located 20 kilometres northeast of Schefferville, Québec. Phase II of the Drilling Program was conducted from September 15 to November 16, 2013, during which time the company completed a total of 2,942 metres of triple tube HQ core drilling. The data from Phase II and Phase I will be used to update the Mineral Resource Estimate which was previously prepared by SGS Canada Inc. and subsequently published in the NI 43-101 Technical Report dated April 18, 2013. Upon completion of the update, the Company anticipates releasing an upgraded and expanded NI 43-101 Mineral Resource Estimate for the Project by the end of the first quarter of 2014. Drill hole Joy 13-168 intersected 69 metres of enriched iron mineralization with an average of 65.42% Total Iron; Drill hole Joy 13-156 intersected 31.7 metres of enriched iron mineralization with an average of 63.6% TFe; Drill hole Joy 13-150 intersected 15.0 metres of enriched iron mineralization with an average of 66.12% TFe; and Drill hole Joy 13-153 intersected 13.8 metres of enriched iron mineralization with an average of 65.1% TFe and ended in high-grade mineralization.

 

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