The Northern Miner Podcast – episode 134: Iron ore markets post-Vale disaster, Ukraine update ft Black Iron’s Matt Simpson

Equipment at IOC's mine near Labrador City, Newfoundland and Labrador. Shot was taken August 2010. Credit: Rio TintoPit operations at IOC's iron ore mine near Labrador City, Newfoundland and Labrador, in August 2010. Credit: Rio Tinto.

Global iron ore markets are under great stress in the wake of Vale’s horrific tailings-dam disaster near Brumadinho in Brazil, which has resulted in 10% of the world’s iron ore production being removed from the market.

Matt Simpson

Matt Simpson

Iron ore expert Matt Simpson, co-founder and CEO of junior Black Iron (TSX: BKI; US-OTC: BKIRF) and CEO of merchant bank Forbes & Manhattan, joins the podcast to explain the new landscape for iron ore markets worldwide.

Matt also updates us on developments with Black Iron’s Shymanivske iron ore project in Ukraine, where the company has signed a milestone financing and offtake MOU with supermajor Glencore (LON: GLEN) to help develop the project.

He further explains Ukraine’s current geopolitical situation in this interview recorded on Feb. 28, 2019.

Standing on the Shymanivske iron ore deposit near Kryvyi Rih, Ukraine, from left: Alexander Sobko, environment specialist at Black Iron subsidiary Shymanivske Steel; Matt Simpson, CEO of Black Iron; Lyudila Reminskaya, consultant on land issues, Shymanivske Steel; Mykola Bayrak, general director of Shymanivske Steel; Pavlo Komarytsky, first deputy general director, Shymanivske Steel; Yana Novikova, general director’s assistant, Shymanivske Steel; and Yevgeny Nikolenko, chief geologist at Shymanivske Steel. Photo by John Cumming.

Standing on the Shymanivske iron ore deposit near Kryvyi Rih, Ukraine, from left: Alexander Sobko, environment specialist at Black Iron subsidiary Shymanivske Steel; Matt Simpson, CEO of Black Iron; Lyudmila Reminskaya, consultant on land issues, Shymanivske Steel; Mykola Bayrak, general director of Shymanivske Steel; Pavlo Komarytsky, first deputy general director, Shymanivske Steel; Yana Novikova, general director’s assistant, Shymanivske Steel; and Yevgeny Nikolenko, chief geologist at Shymanivske Steel. Photo by John Cumming.

 

Amit Gupta

Amit Gupta

This episode includes a “Mining Minute” promoted-content segment with Amit Gupta, chairman and CEO of Montreal-based gold explorer Yorbeau Resources. Yorbeau has gold properties in Quebec’s Abitibi region, including one that has been newly optioned to Iamgold. Visit www.yorbeauresources.com for more information.

 

This podcast is sponsored by the Yukon Mining Alliance (www.yukonminingalliance.ca).

 

Yukon Mining Alliance

 

RELATED ARTICLES:

Black Iron, Glencore discuss offtake for Shymanivske in Ukraine

Site visit: Black Iron advances Shymanivske premium iron ore project in Ukraine

 

Music Credits:

“Miami Nights – Main Theme” and “Hiding Your Reality” by Kevin MacLeod (www.incompetech.com)

Licensed under Creative Commons: By Attribution 3.0 License
creativecommons.org/licenses/by/3.0/

Print

Be the first to comment on "The Northern Miner Podcast – episode 134: Iron ore markets post-Vale disaster, Ukraine update ft Black Iron’s Matt Simpson"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more. more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close