Northwire Canada EditionFriday, November 13, 2026
Northwire
⌕
Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Production / Operations

Champion Iron hit by derailment on the QNSL line

CIA · Price

Executive Summary

  • Champion Iron Ltd. reported a third-party train derailment on the Quebec North Shore and Labrador Railway (QNSL) on the evening of December 28, 2025, which disrupts the transport of high-purity iron ore concentrate from the Bloom Lake mine to the port of Sept-Iles.
  • The railway operator confirmed no injuries and estimates that services will resume within seven to ten days.
  • Champion expects no material impact on Bloom Lake operations or sales, assuming services restart as planned, while collaborating with QNSL to mitigate any potential disruptions.

Key Details

  • Incident Date: Evening of December 28, 2025 (Montreal time).
  • Location: Quebec North Shore and Labrador Railway (QNSL), used to transport iron ore from Bloom Lake mine to Sept-Iles.
  • Safety Status: No injuries reported.
  • Restoration Timeline: Railway services expected to resume within 7 to 10 days following the derailment.
  • Operational Impact: Disruptions are not expected to result in material impacts on operations at Bloom Lake or sales of high-purity iron ore concentrate, assuming services restart as planned.
  • Mitigation Efforts: Champion is collaborating with QNSL and local partners to mitigate the impact on operations and sales.

Notable Quotes

  • "According to the railway operator, there were no related injuries and services should resume within seven to 10 days following the derailment."
  • "Assuming railway services restart as planned, the disruptions are not expected to result in material impacts on operations at Bloom Lake and sales of high-purity iron ore concentrate."
Read the original news release →

More from Champion Iron Limited