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[Mining Top News] Cliffs Natural Resources to Exercise Right of First Refusal and ...: By exercising its right of first refusal, Cliffs is entitled to receive the same terms and conditions contained in the agreement with Consolidated Thompson and thus increase its ownership stake of Wabush Mines to 100%. With Wabush Mines’ 5.5 million tons of rated capacity, acquisition of the 73.2% will increase Cliffs’ North American Iron Ore rated equity production capacity by approximately 4.0 million tons.

[ONN.tv] Cliffs Natural Resources to Exercise Right of 1st Refusal, Acquire ...: other two joint venture partners, U.S. Steel Canada (44.6%) and ArcelorMittal Dofasco (28.6%), to acquire their interests for about $88 million in cash. Under the terms of the Wabush Mines partnership, Cliffs has a right of first refusal to acquire each of U.S. Steel Canada’s and ArcelorMittal Dofasco’s interest.

[zikkir] U. S. Steel Canada to Sell Its Interest in Wabush Mine Joint ...: Steel Canada Inc., a wholly owned subsidiary of United States Steel Corporation (NYSE: X), announced today that it has entered into an agreement with Consolidated Thompson Iron Mines Limited (”Consolidated”) and ArcelorMittal Dofasco (”AMD”) providing for the purchase by Consolidated of U. Steel Canada’s 44.6% interest and AMD’s 28.6% interest in the Wabush Mines Joint Venture.

[HOTEL] Consolidated Thompson Announces Offer to Purchase Wabush Mines ...: or the “Company”) is pleased to announce that it has made an offer to purchase a 100% interest in the Wabush Mines joint venture from US Steel Canada Inc. (”USS”), ArcelorMittal Dofasco Inc.

[Penny Stock Blog] Consolidated Thompson to by US Steel and Arcelor Mittal stake in ...: which holds a 44.6 per cent interest and ArcelorMittal Dofasco which holds a 28.6 per cent interest have accepted the offer. Cliffs Natural Resources Inc., which holds a right of first refusal, holds the remaining stake.

[CLENOUGH] Cliffs Natural Resources to take full control of mining operation ...: The Cleveland company says it will exercise its right of first refusal and acquire the interests of U.S. Steel Canada and ArcelorMittal Dofasco in the Wabush Mines joint venture in Minnesota.

[Finditt Blog] CRWEWallstreet.com Stock Report! 10/12/09, TXI, CHKP, CCC, CLF ...: Cliffs Natural Resources Inc. (NYSE: CLF) today announced that it plans to exercise its right of first refusal and acquire U.S. Steel Canada’s 44.6% interest and ArcelorMittal Dofasco’s 28.6% interest in the Wabush Mines joint venture.

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