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...

Cliffs agrees to buy Canada's Freewest

US iron-ore and coal miner Cliffs Natural Resources has agreed to buy Montreal-based chromite junior Freewest Resources, the two companies announced on Monday. Freewest is exploring in Canada's 'Ring of Fire' district, an emerging multimetal...

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...