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Arcelormittal Announces Extension of Offer to Buy Baffinland Iron Mines

ArcelorMittal today announced that it has extended the time for acceptance of its offer to purchase all of Baffinland Iron Mines Corporation's outstanding common shares at a price of C$1.25 in cash per Common Share and all outstanding common share purchase warrants issued pursuant to a warrant indenture dated 31 January 2007 at a price of C$0.10 in cash per 2007 Warrant until 11:59 p.m. on January 10, 2011.

30 Dec 2010

Baffinland Iron Mines Receives Further High Grade Assays from Mary River Project, Canada

Baffinland Iron Mines Corporation (TSX:BIM) today announced further high grade iron assay results from nineteen additional holes drilled at Deposits No. 2, No. 3, No. 4 and No. 5 at the Mary River Project, Baffin Island, Nunavut Territory, Canada.

From Baffinland Iron Mines Corporation 24 Dec 2010

Moly Mines Ships Iron Ore from Spinifex Ridge Project

Moly Mines Limited (TSX:MOL)(ASX:MOL) has announced that it has confirmed the booking of a vessel for the maiden iron ore shipment from the Spinifex Ridge Iron Ore Project.

From Moly Mines Limited 22 Dec 2010

Cliffs Natural Resources Finalizes Australian Government Approvals for Mt. Jackson J1 Deposit

Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that all Australian Commonwealth and State governmental approvals have been finalized for the Mt. Jackson J1 Deposit.

From Cleveland-Cliffs Inc 22 Dec 2010

Atlas Iron to Buy Giralia Resources for $822 Million

Atlas Iron finalised a deal to buy Giralia Resources NL, the iron ore company is valued at about AUD$828 million to almost triple its resource of the steelmaking raw material.

From Atlas Iron Limited 21 Dec 2010

Russia's En+ Forms Joint Venture with Korea Resources for Iron and Copper

En+ Group owned by Russian tycoon Oleg Deripaska declared via an e-mailed statement that it had formed a joint venture with Korea Resources Corp (KORES) to develop a Siberian copper and iron ore deposit in which the Koreans will invest at least $1 billion.

21 Dec 2010

Nunavut Iron Plans to Block Baffinland Hostile Takeover

Nunavut Iron Ore said on Sunday it would ask regulators for an urgent hearing to block a new shareholder rights plan announced by its hostile takeover target Baffinland Iron Mines.

From Baffinland Iron Mines Corporation 20 Dec 2010

Anna Bligh Takes Side of Miners on Royalties

According to the report, Queensland Premier Anna Bligh has taken the side of the mining industry in the debate with the federal government over royalties in the proposed mineral resource rent tax (MRRT.

20 Dec 2010

Cliffs Natural Resources Successfully Discloses Arbitration with Essar Steel Algoma

Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced that the Company was successful in its previously disclosed arbitration with Essar Steel Algoma, Inc.

From Cleveland-Cliffs Inc 20 Dec 2010

Nunavut Iron Ore Buys Common Shares of Baffinland Iron Mines

Nunavut Iron Ore Acquisition Inc. announced that it has today acquired ownership of 6,027,700 Common Shares of Baffinland Iron Mines Corporation through the facilities of the Toronto Stock Exchange, the Alpha Market and the Pure Trading Market, representing approximately 1.6% of the outstanding Common Shares.

17 Dec 2010