Consolidated Thompson Iron Mines Ltd.

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Update on regulatory approvals for Consolidated Thompson Iron Mines arrangement with Cliffs Natural Resources

Marketwire | April 12, 2011
finance agreement mining

Consolidated Thompson Iron Mines announced that Cliffs Natural Resources has received approval under the Investment Canada Act for completion of the plan of arrangement pursuant to which Cliffs will acquire all the outstanding common shares of CLM.

The closing of the Arrangement remains subject to certain other customary conditions, including obtaining approval of the MOFCOM filing with the Anti-Monopoly Bureau of the Ministry of Commerce of the People's Republic of China.

  • Consolidated Thompson shareholders approve takeover by Cliffs

    Andrew Topf | February 26, 2011
    iron ore- bjortklingd

    Consolidated Thompson's shares dropped two cents to close at $17.11 on Friday after the company announced its shareholders have approved the friendly takeover by Cliffs Natural Resources Inc.

    Under the deal, made public in mid-January, Cliffs Natural Resources acquired Consolidated Thompson for CDN$4.9 billion (US$4.6 billion) or C$17.27 in cash per common share. The transaction is expected to close in the second quarter.

  • Global iron ore market in flux

    Brian Truscott | January 30, 2011

    The iron ore market will never be as a sexy as its gold and silver counterparts; it’s much more about hard hats and dirty Dodge RAM 3500 trucks – you know, the ones that can pull big fishing boats up mountainsides, something I did just this past weekend.

  • Cliffs to Buy Consolidated Thompson for $5 Billion

    MINING.com Editor | January 11, 2011
    iron ore plant- mananc

    Cliffs Natural Resources said on Jan. 11 that it had agreed to buy Consolidated Thompson Iron Mines for nearly $5 billion in cash, seeking to bolster its presence in Canada, the New York Times reported.

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