Canada’s Biggest Iron Mine Moves Closer to Reality
Iron – The Mary River project on remote Baffin Island could change the face of Canadian iron mining. Here’s what has to happen to bring it into production.
Articles Tagged "baffinland iron mines"
Canada Okays ArcelorMittal Subsidiary’s Nunavut Iron Ore Mine
Iron – Reuters reported that Canada's Minister of Aboriginal Affairs and Northern Development has approved the construction of an iron ore mine in Nunavut. The open-pit Mary River project still needs a project certificate and water license and is years away from production, but could produce up to 18 million tonnes of iron ore per year over 21 years.
Baffinland Recommends ArcelorMittal-Nunavut Offer
Iron – Bloomberg.com reports that Baffinland Iron Mines (TSE:BIM) has given the nod to shareholders to accept the Arcelor Mittal (NYSE:MT) takeover offer.
Baffinland shares up as investors mull bids
Iron – Reuters.com reports that Baffinland's (TSE:BIM) shares have risen in the midst of the a bidding war for the company
Baffinland Responds to Amended Offer
Iron – Baffinland Iron Mines (TSE:BIM) announced that it has received an amended offer from Nunavut Iron Ore Acquisition Inc.
Baffinland Iron Mines reviewing increased and revised hostile takeover offer
Iron – The Winnipeg Free Press.com reports that a revised takeover bid by a subsidiary of the Energy & Minerals Group is under review by Baffinland Iron Mines (TSE:BIM).
Nunavut Iron extends Baffinland offer again
Iron – Reuters.com reports that Nunavut Iron Ore has extended a bid for a hostile takeover for Baffinland Iron Mines(TSE:BIM).
Baffinland bid ‘barely’ adequate
Iron – The Financial Post.com reports that the $433 takeover bid from from AcelorMittal SA (NYSE:MT,AMS:MT) for Baffinland Iron Mines (TSE:BIM) is not enough.
