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Higher iron prices lift Champion profit

Higher realised prices, lower costs and record monthly production have pushed Quebec-based miner Champion Iron’s (TSX:CIA) September-quarter profit higher.

Higher iron prices lift Champion profit Higher iron prices lift Champion profit Higher iron prices lift Champion profit Higher iron prices lift Champion profit Higher iron prices lift Champion profit

Champion Iron's Bloom Lake mine

The Montreal-headquartered company said the first quarter of commercial production at the Bloom Lake mine resulted in record output for the month of September, which helped push production 20% higher