Northshore Mine
Northshore Mine
Country USA 
Province Minnesota
Close to Silver bay
Status PRODUCTION 
Latitude / Longitude 47 N 18 / 91 W 15
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Produces Iron -
Develops
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Last updated on 2/8/2010 - Terms of Use
Risk and valuation analysis of the Northshore Mine
Status Risk : Production
Country Risk : Very Low
Title(s) of the Northshore Mine
CLIFFS Natural Resources
Owner: 100%
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TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Cliffs’ Ownership Share: 100%
Location of the Northshore Mine
Northshore Mine is located on the Mesabi Iron Range; mining located in Babbitt, Minnesota, on the northeastern end of the Mesabi iron formation; processing facilities located in Silver Bay, Minnesota.
 
History of the Northshore Mine
Northshore Mining Company, which originally operated as Reserve Mining Company, was the first taconite processing facility in North America when it opened in 1955. After Reserve filed for bankruptcy in 1986, the plant was downsized to 4.8 million tons per year capacity and reopened in 1990 as Northshore Mining Company.
 
Production history
Metal2008
IRON (ton)5,500,000
Location
Data last updated on : 4/9/2009
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