New Millennium Iron posts 4th-qtr. loss of $2.2M

Apr 01, 2013 | 01:23 PM | Stacy Irish

Tags  New Millennium Iron, Tata Steel, taconite, iron ore, DSO, LabMag, KeMag, earnings report Stacy Irish

NEW YORK — Canadian iron ore development company New Millennium Iron Corp. posted a net loss of $2.2 million in the fourth quarter of 2012, a sharp reversal from net income of $28.6 million in the same period a year earlier.

The Calgary, Alberta-based company also posted a net loss of $9.1 million for the full year vs. net income of $21.1 million in 2011.....





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