Sydvaranger Mining News Today

A judge has approved the sale of Plant 4 and the Jessie Loadout facility to MagIron, former Magnetation CEO Larry Lehtinen's newly formed business.

Tacora Resources Inc. ("Tacora" or the "Company") announced in January that it has completed the acquisition of Sydvaranger Mining AS and its subsidiaries ("Sydvaranger"), an iron ore mine and processing

The company already owns and operates a Canadian iron ore mine. 5:58 pm, Jan. 14, 2021 × A Grand Rapids-based mining company has bought its second foreign iron ore mine. Tacora Resources announced Thursday it had completed the acquisition of Sydvaranger Mining AS, an iron ore mine and processing plant in Sor-Varanger, Norway, that has not operated since 2015. The purchase price was not disclosed, but was paid for in the form of shares in Tacora, the company said in a news release. "W...

Share this article Share this article GRAND RAPIDS, Minn., Jan. 14, 2021 /PRNewswire/ -- Tacora Resources Inc. ("Tacora" or the "Company") today announced that it has completed the acquisition of Sydvaranger Mining AS and its subsidiaries ("Sydvaranger"), an iron ore mine and processing plant located in Sør-Varanger, Norway.  The acquisition of Sydvaranger provides Tacora with a 4 million tonne per year shovel-ready expansion opportunity and geographical diversification in a tier 1 jurisdic...