New Millennium Iron posts 2d-quarter loss

Aug 15, 2013 | 03:56 PM | Stacy Irish

Tags  New Millennium Iron, iron ore, Tata Steel Minerals Canada, direct shipping ore, DSO, Stacy Irish

NEW YORK — Canadian iron ore development company New Millennium Iron Corp. was in the red in the second quarter due to general and administrative expenses and fees.

The Calgary, Alberta-based company posted a net loss of Canadian $2.24 million ($2.17 million) for the three months ended June 30 compared with a C$1.59-million loss in the same period last year, according to a....

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