Iron Ore


Former bidding rivals team up to chase Baffinland

In a new twist to the takeover battle for Baffinland Iron Mines (bim-t), former rivals Nunavut Iron Ore and ArcelorMittal (mt-n) are teaming up in a joint bid.”It’s been an interesting week,” Nunavut Iron chairman Bruce Walters remarks with…


Cliffs to buy Cons. Thompson

If Cliffs Natural Resources (clf-n) is successful in its bid for Consolidated Thompson Iron Mines (clm-t) and its Bloom Lake mine on the south end of the Labrador Trough, it will in one stroke acquire a world-class orebody containing high-grade…



Huge synergies with Cliffs’ bid for Consolidated Thompson

If Cliffs Natural Resources (CLF-N) is successful in its bid for Consolidated Thompson (CLM-T) and its Bloom Lake mine on the south end of the Labrador Trough in Eastern Canada, it will in one easy stroke acquire a world-class ore body…


Altius pairs with Cliffs

Well-respected for its project generation work in Newfoundland and Labrador, Altius Minerals (als-t) has entered into an exploration alliance with Cliffs Natural Resources (clf-n) covering ferro-alloy metals within specific areas of the…



Battle for Baffinland heats up

Revised offers in the dwindling hours of 2010 from both Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (mt-n) for junior Baffinland Iron Mines (bim-t) have grabbed the headlines in the first week of 2011. Nunavut Iron Ore,…


Revised offers for Baffinland from both bidders

A takeover battle between Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (MT-N) for junior Baffinland Iron Mines (BIM-T) and its attractive Mary River project is heating up with revised offers from both companies in the…


Battle for Baffinland Iron Mines continues

The takeover battle between private equity investor Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (MT-N) for junior Baffinland Iron Mines (BIM-T) and its Mary River project took a new turn with a revised offer from…


Baffinland reports high-grade assays at Mary River

Five days after ArcelorMittal (MT-N) sweetened its takeover bid for Baffinland Iron Mines (BIM-T) by 15¢ per share, high-grade assay results from nineteen additional holes at the Mary River project on Baffin Island in Nunavut suggest the…



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