Minerals Corporation Limited of Wuhan Iron and Steel (Group) (WISCO) has acquired 65 million common shares of Consolidated Thompson Iron Mines Limited (TSX: CLM). The shares were acquired by way of private placement for an aggregate subscription price of C$ 28,748,227.20 or C$ 4.40 per share. The shares were acquired for investment purposes only. For [...]
Continue reading "WISCO acquires Consolidated Thompson shares"
Monday, June 22, 2009
The Karnataka government has urged the Centre to approve the iron ore mining lease in favour of Visvesvaraya Iron and Steel Limited, one of the oldest steel plants in the state, “as a special case”. For full story, click here
Continue reading "Govt. is planning for Iron Ore Royalties linked to price"
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Tuesday, September 29, 2009