CIA champion iron limited

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    https://ici.radio-canada.ca/nouvell...depuis-la-reouverture-de-la-mine-du-lac-bloom

    Google translation:

    Fermont
    buzzing since the reopening of the Bloom Lake mine

    Just a month after the reopening of the Bloom Lake Mine by Champion Mining, Fermont's economy is recovering. The turnover of the companies increases on average from 20 to 25%, which is not without causing some problems.

    Housing repairs, more flights at Wabush airport, new chamber of commerce, renewal of community organizations: projects are increasing in Fermont. The business climate is such that many people in Fermont are now thinking about going into business.

    According to the owner of Pro-Nord Refrigeration, Bruno Labrie, optimism has never been more palpable since the closure of the mine in 2014. It's good for everyone. A road contractor, he will rejuvenate his fleet. The restaurant fills his tables. It's the same thing at the grocery store. There is more freshness on the shelves, because there are more people.

    Since the reopening of the Bloom Lake mine, 500 new workers are working in the area. Although the vast majority use commuting, these employees are among the 1,300 non-permanent workers in a resident population of 2,600 people in the city.

    Problems Fermont is experiencing a boom, but nothing like the boom of the early 2010s. This rapid growth, however, requires several adjustments. In transport, airlines are struggling to serve this city located at the 52nd parallel. According to Bruno Labrie, employers must often "wait 3 or 4 days before being able to send an employee" commuting in the South. The housing shortage is also "worrying", according to Yves Downing.

    Never mind, Yves Downing believes that the first iron loading of the Bloom Lake mine in the port of Sept-Iles is the omen of good years in Fermont. "I think we have some work to do, but I have a good appetite," he concludes.

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