Simandou has faced delays due to legal disputes, political changes, and the challenges of building a 600 km rail and port infrastructure.
The world's largest producer of iron ore shipped 80.3 million tons of the steel-making commodity in the quarter.
The company's Flat gold project is located 40 km north of the giant Donlin gold project.
Located approximately 400 kilometres northwest of Edmonton, the Buffalo Hills project includes 21 mineral leases covering 4,800 hectares.
