Canadian Mining Journal

Cliffs Natural Resources Inc

  • Iron ore: Champion signs rail transport deal for Bloom Lake concentrate

    June 20, 2017 by Canadian Mining Journal

    Quebec — Champion Iron subsidiary Quebec Iron Ore has signed a confidential agreement with a rail transportation company to move iron ore concentrate from its Bloom Lake mine near Fermont, Que. The company is preparing to put the past-producing open-pit

  • News

    Champion Iron buys Bloom Lake

    December 16, 2015 by Canadian Mining Journal

    Champion Iron (TSX:CIA; ASX:CIA) is taking advantage of the commodities crash to snatch the shuttered Bloom Lake iron ore mine for a fraction of its previous purchase price. Champion recently agreed to buy the mine, related rail and mineral assets in

  • News

    Cliffs closes Northshore operation amid weak iron ore demand

    November 23, 2015 by Canadian Mining Journal

    Cliffs Natural Resources (NYSE: CLF), the largest U.S.-based iron ore producer, said it was temporarily closing its Northshore Mining operation in Minnesota by Dec. 1, to reduce its record high inventory levels amid weaker iron ore demand in the U.S. and

  • News

    Noront CEO outlines big plans in the Ring of Fire

    September 16, 2015 by Canadian Mining Journal Editor

    VANCOUVER — Noront Resources (TSXV: NOT; US-OTC: NOSOF) has emerged as a leader across the Ring of Fire region in the James Bay Lowlands of Northern Ontario, and it has a long term plan in the works it hopes will establish a world-class…

  • News

    NICKEL-IRON: First Point, Cliffs rejig Decar project deal

    August 10, 2015 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – First Point Minerals Corp. of Vancouver and Cliffs Natural Resources of Cleveland, OH, have amended their agreement covering the Decar nickel-iron project 80 km north of Fort St James. It is now a contractual joint venture…

  • News

    CHROMITE: Noront to acquire Cliffs’ Ring of Fire properties

    March 23, 2015 by Canadian Mining Journal Editor

    ONTARIO – Spunky Toronto-based junior, Noront Resources, has offered US$20 million to acquire the subsidiaries of Cliffs Natural Resources that hold claims in the Ring of Fire, 500 km northeast of Thunder Bay. Cliffs abandoned its…

  • News

    CHROMIUM: Cliffs turns its back on remaining Canadian assets

    February 10, 2015 by Canadian Mining Journal Editor

    ONTARIO – If readers were holding out hope that Cliffs Natural Resources would come to its senses and decide to move forward with its projects in Canada, they can get used to the idea that the US-based company will not be active in Canada…

  • DIGEST: What happened over the Holidays

    January 5, 2015 by Canadian Mining Journal Editor

    While everyone, including the CMJ staff, was enjoying some time away from the desk over the last two weeks, there were a few significant stories you might have missed:

  • Feature

    In the East: Mineral industry takes long-term approach

    January 1, 2015 by Phil Saunders*

    The minerals industry in Newfoundland and Labrador is confronting the challenging conditions in the broader commodities market with innovative deals and productivity upgrades in both the mining and exploration sectors. Recent developments in…

  • News

    Cliffs’ Bloom Lake mine faces uncertain future

    November 25, 2014 by Canadian Mining Journal Editor

    Struggling US-based iron ore miner Cliffs Natural Resources (NYSE: CLF) may close its Bloom Lake iron ore mine in northeastern Quebec, as it bids farewell to Canada.

  • News

    Iron ore price collapse claims more victims

    October 22, 2014 by Canadian Mining Journal Editor

    Cliffs Natural Resources (NYSE: CLF) and London Mining (LSE: LOND) have become the latest casualties of falling iron ore prices, with Cliffs warning that it expects to record a US$6 billion non-cash impairment charge in the third quarter on its…

  • News

    COMMENT: Cliffs to sell Ring of Fire

    September 22, 2014 by Canadian Mining Journal Editor

    Word is getting around that Cliffs Natural Resources wants to shed its properties in the Ring of Fire. The Cleveland, OH-based company slammed the door on its chromium project last November, and sold the exploration camp this summer. Thus, the…