Vancouver – Just two short months ago, Cap-Ex Ventures (CEV-V) was the smallest explorer by market cap looking for iron ore in Eastern Canada’s Labrador Trough. But as the first assays from the company’s main Block 103 iron ore property near…
Roots in The Salvation Army run four generations deep for mining entrepreneur and dealmaker Bruce Walter, the chairman of Toronto-based WW Mines.
As rumours swirl that Champion Minerals (CHM-T) might become a takeover target for ArcelorMittal (MT-N), the junior has adopted a shareholder rights plan. The news sent the company’s shares up 20%, or 30¢ apiece, on July 4 to close at…
The first five drill holes at the Lac Moire iron ore project in northeastern Quebec have identified significant new iron mineralization, and Champion Minerals (chm-t) has increased its drill program there to 7,000 metres.
It’s not quite as exciting as a new mine built from scratch on a substantial mineral discovery but, in dollar terms, the recent expansions announced by majors active in eastern Canada all add up significant economic activity.
ArcelorMittal (MT-N) is spending $2.1 billion to expand its Mont-Wright mining complex and Port-Cartier pellet plant near Fermont in northern Quebec.
As the acquisition of Quebec-focused iron ore producer Consolidated Thompson Iron Mines (CLM-T) by resource giant Cliffs Natural Resources (CLF-N) finally comes to a close, investors can’t help but wonder which company in the area is next in…
Investors have come to expect share-dilutive deals from Frank Giustra, one of Howe Street’s best known and most followed penny stock promoters. This does not seem to make the deals any less appealing, however, given the promoter’s past…
Five days after ArcelorMittal (MT-N) sweetened its takeover bid for Baffinland Iron Mines (BIM-T) by 15¢ per share, high-grade assay results from nineteen additional holes at the Mary River project on Baffin Island in Nunavut suggest the…
Vancouver – ArcelorMittal (MT-N, MT-H) has bested an unsolicited private equity bid for Baffinland Iron M…
Toronto-based junior Consolidated Thompson Iron Mines (CLM-V, CLMZF-O) has struck a deal to buy from steelmakers Cleveland-Cliffs (CLF-N) and Stelco (STE-T, SECNF-O) their combined 71.4% interest in t…
An 8-week strike at
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