Thousands of jobs, billions in tax dollars: Iron Bear Project readies its pitch for N.L.

By Ashley Fitzpatrick – CBC News

Developers of the Iron Bear mining project in Western Labrador say they could end up producing more iron ore product each year than even the Iron Ore Company of Canada — if they can get into production.

Project leaders have been quietly working to firm up numbers, completing a scoping and now pre-feasibility study. They’re readying their pitch for broader, public support.

As a rough sketch, the project — should it ultimately move ahead — would involve a mine just on the Labrador side of the Quebec-Labrador border, about 35 kilometres north of Schefferville, Que. There would be processing in Quebec, with potentially secondary processing in Canada as well, and new investments in regional transport.