Freewest Resources Canada
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IRON-ORE
Cliffs plans phase-three expansion at Bloom Lake
Cliffs Natural Resources will start feasibility studies on another expansion at its Bloom Lake iron-ore operations in eastern Canada, to 24-million tons a year, CEO Joseph Carrabba said on Tuesday.
Cliffs acquired the asset this year when it...
By: Liezel Hill
28th June 2011
CHROME
Cliffs to decide this year on smelter site for Ontario chrome project
Cliffs Natural Resources wants to get its chromite project in Ontario's Ring of Fire moving as quickly as possible and expects a prefeasibility study, which means decisions on transport infrastructure and where to build a smelter, by around...
By: Liezel Hill
9th March 2011
M&A
KWG gets conditional approval to merge with Spider
The TSX Venture Exchange has granted junior miner KWG Resources conditional approval to merge with fellow Canadian junior Spider Resources, the latest development in the battle for control over an attractive chromite deposit located in the 'Ring...By: Chanel de Bruyn
23rd June 2010
PEOPLE
Cliffs appoints ferroalloys VP
US-based Cliffs Natural Resources has appointed William Boor to the newly-created position of senior vice-president for ferroalloys, the company said on Friday. Cliffs currently mines coal and iron-ore, but plans to develop a chromite operation...By: Liezel Hill
21st May 2010
BULK MATERIALS
Cliffs Natural quarterly revenue fell 10%
US coal and iron-ore miner Cliffs Natural Resources reported fourth-quarter revenue of $820,5-million, a decline of 10% compared with a year earlier, because of lower prices across its business segments, partly offset by higher sales volumes in...By: Liezel Hill
18th February 2010
M&A
Cliffs, Noront keep up war of words in Freewest fight
US coal- and iron-ore miner Cliffs Natural Resources and Canadian junior Noront Resources continue to throw mud at each other, as they battle to win over shareholders of Freewest Resources Canada. Cliffs and Noront have both made takeover offers...By: Liezel Hill
8th December 2009
M&A
Cliffs hikes Freewest offer, Noront unlikely to follow
Cleveland-based Cliffs Natural Resources has sweetened its offer for Canadian junior Freewest Resources Canada to C$211-million, topping the latest competing bid from Toronto-based Noront Resources.
Noront announced earlier this week it would...
By: Liezel Hill
3rd December 2009
CANADA
Freewest unmoved by 'opportunistic' Noront offer
Toronto-based Noront Resources announced on Monday it plans to make an all-share offer for rival Freewest Resources Canada worth about C$90-million, in a move to increase its presence in the 'Ring of Fire' exploration district in the James Bay...By: Liezel Hill
5th October 2009
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