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Light amid the iron ore trough

Last December, when iron ore producers were taking frantic calls from shareholders worried about the viability of their investments, Australia and Canada-listed Champion Iron was putting the final touches to what could prove to be the best deal to come out of the recent bust in the commodities cycle.

Light amid the iron ore trough Light amid the iron ore trough Light amid the iron ore trough Light amid the iron ore trough Light amid the iron ore trough

Bloom Lake has much greater potential than the C$10.5 million acquisition price conveys

Just one working day after the iron ore price hit a seven-and-a-half year low, Michael O’Keeffe’s company announced it would take on the former operating Bloom Lake mine, an asset Cliffs Natural

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