Black Iron Inc.

Market Cap:
$34.98 m
0.14 CAD
52 weeks high
52 weeks low

Black Iron is a Canadian iron ore exploration and development company advancing its 100% owned Shymanivske Project located in Krivyi Rih, Ukraine, to production. Matt Simpson joined Black Iron as CEO in 2010 and has led the company from a grassroots story to a development one, overseeing the Company's advancement of the Shymanivske Project to now be near shovel ready.

Project Details

Black Iron has all the key fundamentals for a successful, low-cost project in place.

  • All Major Infrastructure Already In Place
  • Recent Permit Advancements
  • Experienced Management Team
  • Major Ukrainian Currency Depreciation

The Shymanivske Project 

The Shymanivske iron ore deposit is strategically well-positioned in Ukraine between markets in Europe, Russia, Asia and the Middle East. It is located 330 kms southeast from Kiev in central Ukraine, in the heart of the KrivBass iron ore mining district. The Shymanivske deposit is located in the Southern part of the Krivbass, less then 2km from two open pit iron ore mines owned by ArcelorMittal and Metinvest/Evraz Steel, which are also primarily magnetite quartzite deposits. There are currently seven operating open pit mines in the district.

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Matt Simpson


Former General Manager, Mining for Rio Tinto’s Iron Ore Company of Canada; Worked for Hatch designing global metallurgical refineries.

Les Kwasik

Chief Operating Officer

Over 40 years of hands-on experience building and operating mines globally with companies such as with INCO (VALE), Xstrata Columbia delivering disciplined operational successes in the mining industry.

Paul Bozoki

Chief Financial Officer

Former CFO of CD Capital Partners, operating in the Soviet Union & Ukraine.

Bill Hart

Senior VP Corporate Development

30 years experience selling iron ore while working for Rio Tinto, Cliffs Natural Resources and most recently Roy Hill Holdings Ltd.

Ivan Markovich

VP Gov’t & Community Relations

Extensive network of Ukraine Government relationships.

Toronto - Head Office

Address: 65 Queen Street West, 8th Floor, Toronto, Ontario M5H 2M5 Canada

Phone: +1.416.309.2138

Email: [email protected]