It's back to business in Ukraine for Black Iron Inc

Aug 15, 2017, 02:58 PM

Matt Simpson, chief executive of Black Iron Inc (TSE:BKI) speaks to Proactive's Andrew Scott about restarting operations in Ukraine at their wholly owned Shymanivske iron ore project.

''Iron ore prices have rebounded quite nicely, they've held in there for over a year now and everything's looking like it'll only push up'', Simpson says.

''We've got political stability ... coupled with a very depressed exchange rate ... so this is the ideal time for investors to get in and really ride that wave''.

''We've done it once and we're going to do it again - this time we're going to build it''.