UPDATE: New Millennium Iron Reports Update for Taconite Feasibility Study; Stocks Down More than 3%
New Millennium Iron Corp. (NML.TO) announced today the progress of the Taconite Project Feasibility Study it is carrying out jointly with Tata Steel.
Dean Journeaux, CEO, said: "The Feasibility Study has progressed steadily and is now at the point where we can see its completion. The Study has been comprehensive and the SM has been thorough in recognizing the project's great scale and incorporating that into their interim report."
NML has fallen by more than 3% to $1.13, trading near year low 97 cents.
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