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Company Profile For Consolidated Thompson Iron Mines Limited

Consolidated Thompson Iron Mines Limited (CLM.TO) (Toronto Stock Exchange)
sector: Basic Materials · industry: Steel ·
As of  9:34pm IST
5.61CAD
Price Change
-0.17
Percent Change
-2.94%
 
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Overview

Consolidated Thompson Iron Mines Limited is a junior mining company. The Company’s primary focus is in Quebec with its Bloom Lake iron ore property. The Bloom Lake iron ore property is located in the Caniapiscau region. The Bloom Lake Iron Ore Deposit is a 640 million ton ore body. Its other properties include Peppler Lake & Lamalee Iron Ore Deposits and Mont Gueret North Graphite Project. On June 27, 2008, it completed the acquisition of Quinto Mining Corporation, a junior mining exploration company with properties in Quebec, including iron ore properties in the Labrador Trough.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Consolidated Thompson Iron Mines Limited reported no revenues. Net loss increased 7% to C$16M. Revenues reflect the Company being in the development stage of operations. Higher loss reflects increased general & administrative expenses, decreased interest income, lower unrealized gain on warrants, increased interest expenses and the presence of foreign exchange loss.

Company Address

Consolidated Thompson Iron Mines Limited
65 Queen Street West,
Suite 815,
Toronto   ON   M5H 2M5
P: +1416.8615907
F: +1416.8618165

Total Employees

81

Find Out More About CLM.TO

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