Construction|Crushing|Iron Ore|Mining|PROJECT|System|Trucks|Waste|Waste|Operations
Construction|Crushing|Iron Ore|Mining|PROJECT|System|Trucks|Waste|Waste|Operations

Kamistiatusset iron-ore project, Canada

Image of iron-ore on a rail cart

Photo by ©Bloomberg

22nd March 2024

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor


Font size: - +

Name of the Project
Kamistiatusset iron-ore project.

Western Labrador, Canada.

Project Owner/s
Champion Iron.

Project Description
Champion Iron has evaluated the construction of mining and processing facilities to produce direct reduction- (DR-) grade pellet feed iron-ore from the mining properties of the Kami mine.

The study details an operation with a 25-year life-of-mine (LoM), with average DR quality iron-ore concentrate production of about 8.6-million tonnes a year at more than 67.5% iron.

The project is planned as a conventional openpit mine, combined with an in-pit crushing system (IPCS) for waste rock. Mining operations will use drills and haul trucks, together with hydraulic shovels, and a semimobile waste IPCS, with the ore crusher located at the pit exit on the east side.

The project contains the Rose pit, which is to be divided into three phases. The peak mining rate is expected to be 81-million tonnes a year over the LoM.

A total of 643-million tonnes of ore will be mined at an average total iron-ore grade of 29.2%, with a total of 1.02-billion tonnes of combined waste and overburden, resulting in a stripping ratio of 1.6 t of waste per tonne of ore mined.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
A pretax net present value, at an 8% discount rate, of $1.48-billion and an internal rate of return of 12.1%, with a payback of seven years, have been estimated for the project.

Capital Expenditure

Planned Start/End Date
The project is expected to take 48 months to complete, following a final investment decision.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Champion Iron, tel +1514316 4858 or email

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor



John Deere (Pty) Ltd
John Deere (Pty) Ltd

In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...


Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (12/04/2024)
12th April 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?







sq:0.206 0.265s - 129pq - 2rq
1: United States
Subscribe Now
2: United States