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Monday, 26 November 2012
Century Iron Mines prepares for production
Sandy Chim, President & CEO at Century Iron Mines (TSE:FER) tells Proactiveinvestors that it is committed to prepare the ground for iron ore production from its Canadian assets in 2015. FER's direct shipping ore (DSO) will enable the company to start off with a competitive product and with exports to the Chinese market. Sandy says that despite the recent drop in iron ore prices, he remains confident that with sustained demand from China, as well as the continuing strengthening of the Chinese currency, prices will be supported.