About Us
Founded in 2003, New Millennium Capital Corp. changed its name to New Millennium Iron Corp. ("NML") in June, 2011 in order to emphasize the company's transition towards a producer of iron ore. Our dedicated and experienced team harnesses the skills of a wealth of mining industry professionals with years of expertise in all aspects from mine discovery and construction to mine operations, including transportation and product sales. Employees of NML and members of our board represent a broad range of professional backgrounds in addition to mining, including accounting, business and marketing, geology, and strategy.
NML's head office is located in Calgary, Alberta. From a beginning as a capital pool company, NML has grown into an emerging producer controlling one of the largest iron ore resources in the world. Our corporate offices are located in Montreal, Quebec and St. John's Newfoundland and Labrador. Field offices are located in Schefferville, Quebec, Labrador City, Newfoundland and Labrador and Sept-Îles, Quebec. Our rapid rate of growth as a company will continue to accelerate as we meet our strategic goals, which include:
- bring each of the DSO Project and Taconite Project to production,
- evaluate and exploit other opportunities within our vast holdings, and
- become a significant, low cost iron ore producer in North America by the end of this decade.
NML's core competencies lie in the wealth of its experience and knowledge of the industry. NML strives to leverage its competencies to build world class projects through meticulous planning, thorough testing and deployment of cutting edge technologies, which would create lasting value for its shareholders, affected communities and all stakeholders for over 100 years.
Learn moreNML is committed to earn the trust and confidence of its shareholders, employees and stakeholders through sound and transparent corporate governance.
Learn more
Board of Directors:
Lee Nichols -Non Executive Chairman
Dean Journeaux - President & CEO
Roy Hudson - Secretary
H. M. Nerurkar (Tata Steel) - Director
Partha Sengupta (Tata Steel) - Director
Sandip Biswas (Tata Steel) - Director
John Schindler - Director
Pierre Seccareccia - Director
General (Ret.) Rick Hillier - Director
Learn more
New Millennium's executive team is led by President & CEO Dean Journeaux who himself has over four decades of experience in the mining industry. The members of this team have previous experience in all aspects of mining that pertain to New Millennium's projects: they have discovered resources; they have designed mining operations; and they have built, operated, and commercialized mines and beneficiation plants.
Dean Journeaux - President & CEO
Mark Freedman - Chief Financial Officer
Bish Chanda - Sr. Vice President, Marketing and Strategy
Moulaye Melainine - Sr. Vice President, Development
Paul Wilkinson - Sr. Vice President, Environmental and Social Affairs
Jean Charles Bourassa - Vice President, Mining
Laurent Piette - Vice President, Project Services
Ernest Dempsey - Vice President, Investor Relations & Corporate Affairs
Thiagarajan Balakrishnan - Chief Geologist
Tata Steel, one of the largest steel companies in the world through its wholly-owned subsidiary Tata Steel Global Minerals Holdings Pte Ltd., owns approximately 27% of NML's shares and is the company's largest shareholder and strategic partner. NML also has a partnership agreement with the Naskapi Nations of Kawawachikamach (NNK), in respect of the LabMag taconite project, which is unique in the Canadian Mining Industry.
Learn more