Asset Report
Carol Lake iron ore mine
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Report summary
Carol Lake is Canada's second largest mine and first started production in 1962. The mine is located approximately 900 kilometres north-east of Montreal. It is majority owned by Rio Tinto (58.7%) with Mitsubishi and Labrador Iron Ore Royalty Corp (LIORC) owning 26.2% and 15.1% respectively. Development of the Wabush 3 pit was approved in February 2017 and will increase Carol Lake's concentrate production by up to 5Mtpa. A two-month strike in April and May 2018 will affect production and costs for the year.
Table of contents
- Key facts
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Summary and key issues
- Summary
- Key issues
- Location maps
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Participation
- Participation
- Geology
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Reserves and resources
- Marketable reserves (as at 01/01/2018)
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Production
- Production
- Production
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Operations
- Operational summary
- Infrastructure
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Costs
- Capital cost
- Sales contracts
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Economic assumptions
- Economic assumptions
Tables and charts
This report includes 15 images and tables including:
- Key facts: Table 1
- Detail map
- Location maps: Image 2
- Location maps: Image 3
- Infrastructure
- Costs: Table 1
- Costs: Image 1
- Product quality
- Participation: Table 1
- Reserves and resources: Table 1
- Production: Image 1
- Production: Table 1
- Operations: Table 1
- Costs: Table 2
- Economic assumptions: Table 1
What's included
This report contains:
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