Spider Resources Inc

Cliffs gets control of Big Daddy (July 12, 2010)

Spider Resources (SPQ-V) has called off its merger with KWG Resources (KWG-V), leaving it free to be swallowed by Cliffs Natural Resources (CLF-N). It ends the battle for control of the high-grade Big…

Cliffs goes after Spider

Iron ore and coal giant Cliffs Natural Resources (CLF-N) has raised its offer for Spider Resources (SPQ-V) by 27% to $109 million, putting a wrench in Spider’s plans to merge with KWG Resources (KWG-V…

Cliffs makes play for majority stake in Big Daddy

A battle for control over the high-grade Big Daddy chromite deposit in the McFauld’s Lake area of nor thwes tern Ontar io has erupted. For the moment, it looks like KWG Resources (KWG-V) and Spider Re…

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