March 24, 2020 / 4:52 AM / 8 days ago

BRIEF-Champion Iron To Ramp Down Operations At Bloom Lake Mine

March 24 (Reuters) - Champion Iron Ltd:

* TO RAMP DOWN OPERATIONS AT BLOOM LAKE MINING COMPLEX FOLLOWING QUEBEC GOVERNMENT’S COVID-19 CONTAINMENT DIRECTIVES

* DISCRETIONARY CAPITAL EXPENDITURE IN CONNECTION TO PHASE II EXPANSION PROJECT AT BLOOM LAKE MINE SUSPENDED

* ESSENTIAL WORKERS TO REMAIN ON SITE AT MINE TO REDUCE MINING ACTIVITIES TO MININUM UNTIL GOVT ORDERS ARE GRANTED TO RESUME NORMAL OPS Source text for Eikon: Further company coverage:

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