A subsidiary of Canada Chrome Corporation, KWG Resources Inc (TSXV: KWG), has appointed a railroad engineering firm for a new railroad link. The firm has completed several projects with KWG’s principal shareholder Cliffs Natural Resources (NYSE: CLF). The North American business unit of Cliffs Natural is comprised of six iron ore mines owned or managed [...]
Australia-based mineral development company Strike Resources declared that it had reached a settlement with its Peruvian partners about its interest in a company that owns iron-ore projects in that country. Strike chairperson John Stephenson stated: This is a very positive outcome for Strike. It concludes a frustrating episode for the company, during which partner disputes [...]
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