Deals rock Canada’s base metals miners
The second week of 2011 was a breathtaking one in the Canadian base metals scene, with three substantial deals.
Iron Ore
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…
Former rivals now teammates in chase for 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.
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…
ArcelorMittal looks to take Baffinland for $433m
Vancouver – ArcelorMittal (MT-N, MT-H) has bested an unsolicited private equity bid for Baffinland Iron M…
Thompson Creek boosts output, earnings in Q3
Vancouver – Higher molybdenum prices and increased output helped Thompson Creek Metals’ (TCM-T) increase …
US$1.64bn NPV for Champion’s Fire Lake North
Vancouver – Champion Minerals (CHM-T) has released a positive preliminary economic assessment on its Fire Lake…
Advanced Explorations lines up Chinese partner for Roche Bay
XinXing Pipes Group, a Chinese state-owned enterprise with businesses in iron and steel, military clothing, he…