Iron Ore



Inco Submits To CVRD Offer

Vancouver — Inco’s board (N-T, N-N) has finally capitulated, recommending shareholders tender to Companhia Vale do Rio Doce’s (RIO-N) all-cash offer of $86.00 per share for the company….



Teck bows out

Having failed to raise some $5.7 billion overnight, Teck Cominco (TCK.A-T, TCK-N) quietly let its offer for Inco (N-T, n-n) expire on Aug. 16….






CARDERO RESOURCESCardero Resources' Iron Sands project in the desert region near the coast of southern Peru.

Cardero looks south for iron

Vancouver — Cardero Resource (CDU-V, CDY-X) is examining plans to commercially extract magnetite from its 320-sq.-km Iron Sands project in the coastal desert region of southern Peru….




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