Northwest iron company's shares on the delist list.

• Position: MINING

Rockex Mining announced the TSX delisted the company's common shares at the close of day on Oct. 23 for failing to meet the exchange's continued listing requirements.

The decision is appealable but the Thunder Bay and Toronto-based junior miner said in a Sept. 23 press release that it's considering listing on another exchange.

Rockex is exploring a series of iron ore deposits in northwestern Ontario centred around its 3,600-hectare Western Lake St. Joseph Project located 100 kilometres northeast of Sioux Lookout.

Last month, the company released the results of a preliminary economic assessment (PEA) of its Eagle Island project and president-CEO Edward Yew is "pleased with the results."

Rockex is pitching the concept of an open-pit operation, tentatively scheduled to start in 2017, and a plant that makes hot briquetted iron, a premium iron nugget sold to the steel industry.

With a price tag of $1.55 billion, the mine life is projected at...