December 12, 2005
FALL 2005: The first is The LabMag Iron Ore Project 30 kilometres west of Schefferville. The objective is to develop a mining and concentrating near Schefferville that will mine 33 million tonnes of crude iron ore per year to produce 10 million tonnes per year of concentrate and pellets for a minimum of 20 years. Actual mining production is projected to begin around 2011. The Naskapi Nation of Kawawachikamach owns 20% of The LabMag Iron Ore Project.
The other, Anglesey Mining is currently doing a feasibility study on some former Iron Ore Company of Canada deposits. Anglesey plans to mine between two to three million tons of ore a year by 2007. This is not the first time the community has been ‘teased’ by mine promoters, but if either of these projects actually goes into production we can lookforward to both the positive and negative impact that sudden jobs and employment can bring to an economically depressed region.
From journal Schefferville, Quebec: Not what you've read...