Baffinland Iron Mines Takeover Saga About To Escalate?

2011-1-13 · We have been following the takeover saga for Baffinland Iron Mines (BIMGF.PK) (from this point forward Baffinland) since the original …

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Baffinland receives $274m takeover approach from Energy …

2010-10-28 · Baffinland Iron Mines (TSX - BIM) has received a C$274 million all-cash takeover offer from a newly-established unit of private investment firm Energy & Minerals Group, it said Wednesday, as a way to gain access to Baffinland''s Mary River iron ore project in Nunavut.

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OSC clears key players in Baffinland takeover battle of …

2014-8-27 · TORONTO - The Ontario Securities Commission has dismissed allegations of insider trading and tipping against Jowdat Waheed and Bruce Walter, key figures in a company that waged a 2011 bidding war for Baffinland Iron Mines Corp. Nunavut Iron Ore Acquisition, which Walter and Waheed headed, later joined forces with their rival — multinational steel giant …

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Baffinland''s mining expansion plans in Canada | The Narwhal

2020-7-13 · Baffinland Iron Mines'' expansion plans for Mary River. Baffinland is currently permitted to ship six million tonnes of iron ore from its port on Milne Inlet, just west of the community of Pond Inlet, located on Eclipse Sound. Baffinland wants to ratchet production up to 12 million tonnes of iron ore per year, and to construct a 110-kilometre ...

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baffinland iron mines: Latest News & Videos, Photos about …

 · baffinland iron mines Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. baffinland iron mines Blogs, Comments and Archive News on Economictimes ... and Baffinland Iron Mines Corporation on Sunday said they have sent a detailed version of the USD 431 million takeover bid by the world''s largest steel ...

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Protests continue at Baffinland mine

2021-2-10 · Update: Baffinland announced on Feb. 11 that the blockade at the Mary River mine had been lifted.The company says it is in the process of restoring operations at the airstrip and tote road, as well as mining operations. …

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Protests continue at Baffinland mine

2021-2-10 · Update: Baffinland announced on Feb. 11 that the blockade at the Mary River mine had been lifted.The company says it is in the process of restoring operations at the airstrip and tote road, as well as mining operations. All operations at the Mary River iron-ore mine on Nunavut''s Baffin Island are suspended, as protestors continue to block the site''s airstrip and …

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Baffinland takeover fight at a stalemate | CTV News

2011-1-10 · A takeover offer by ArcelorMittal of Baffinland Iron Mines Corp. is set to expire at midnight Monday night, but whether the company is going to receive enough shares to …

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Pond Inlet, Arctic Bay support Baffinland iron ore shipping …

2022-7-30 · While the two hamlets closest to Baffinland Iron Mines Corp.''s Mary River mine have written letters of support for the company''s bid to increase its iron ore shipping allowance, hunters and trappers organizations in those communities are concerned about the review''s expedited timeline. Mayors Moses Oyukuluk of Arctic Bay and Joshua Arreak of Pond Inlet wrote to the …

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Nunavut : plus de 1000 employés de Baffinland reçoivent …

7  · Dimanche, la minière Baffinland Iron Mines a envoyé des préavis de licenciement à 1100 de ses employés, dont 200 Inuit. L''entreprise qui avait déjà informé le …

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Baffinland finds suitor in friendly takeover bid | Nunatsiaq …

2010-11-10 · Workers plant explosives at the Mary River iron ore site on northern Baffin Island in an April, 2008 file photo. Mary River''s owner, Baffinland Iron Mines, urged shareholders Nov. 8 to accept a $433 million takeover bid filed by steel mining giant ArcelorMittal.

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Baffinland: News Releases

Baffinland Iron Mines Corporation (Baffinland) is a Canadian mining company, mining iron ore at the Mary River operation in the Qikiqtani region of North Baffin, Nunavut, Canada. It is jointly owned by The Energy and Minerals Group and ArcelorMittal and operates a high-grade iron ore mine here. Our mine produces the highest grade of direct ...

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Baffinland: Home

Baffinland Iron Mines Corporation (Baffinland) is a Canadian mining company, mining iron ore at the Mary River operation in the Qikiqtani region of North Baffin, Nunavut, Canada. It is jointly owned by The Energy and Minerals Group and ArcelorMittal and operates a high-grade iron ore mine here. Our mine produces the highest grade of direct ...

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Baffinland Iron receives takeover offer

2010-9-24 · Nunavut Iron Ore Acquisition Inc, a subsidiary of Australia''s Iron Ore Holdings LP, has made a US$274.3 million all-cash offer for Canadian junior Baffinland Iron...

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Termination notices sent to over 1,100 Baffinland …

11  · Baffinland Iron Mines sent termination notices to over 1,100 of its staff on Sunday, including 200 Inuit employees. Baffinland spokesperson Peter Akman said the company is preparing for two rounds of terminations to take effect on Sept. 25 and Oct. 11 — if the company does not receive permission to continue extracting six million tonnes of iron ore annually from …

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Insider trading allegations dismissed in …

2014-8-26 · Mining industry executives Bruce Walter, left, and Jowdat Waheed leave an OSC hearing into allegations of insider trading of Baffinland Iron Mines Corp., in Toronto, Jan. 16, 2013.

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Baffinland Iron Mines Receives Hostile Takeover Bid

Canada''s Baffinland Iron Mines said it has received a hostile bid of C$274m (US$265m) from Energy & Minerals Group. The offer of C$0.77 a share is at a premium of about 43% to the closing of stocks on 21 September. Baffinland has been looking for a partner to fund its flagship

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Buy, Sell or Hold: Baffinland Iron Mines Corp. (BIM-T) — …

Could be a takeover target. precious metals Greg A. Taylor, CFA, BBA. $0.455 Unknown Unlock Rating. COMMENT Baffinland Iron Mines Corp. (BIM-T) 02/03/2009 at 12:00am. Get Alerts. Have a great iron or deposit in the far north with an infrastructure around the facility so that ore can be shipped out. ... Baffinland Iron Mines Corp. was never ...

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TAKEOVER: Nunavut Iron Ore makes offer for Baffinland

2010-9-26 · TORONTO - Nunavut Iron Ore Acquisition has made an all-cash offer to acquire Baffinland Iron Mines, offering US$0.80 per common share.The price is twice the volume-weighted average shares price on the TSX over the 20 trading days ended Aug. 26, 2010. It is also 42.9% over the closing price on Sept. 21.

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Baffinland Iron Mines Corp edges up as takeover battle for …

2010-12-30 · Baffinland Iron Mines Corp (BIM.TO) is edging up today (it has hit a day high $1.36) on news that Luxembourg-based steel producer ArcelorMittal has.

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Baffinland: Key Documents

Baffinland Iron Mines Corporation (Baffinland) is a Canadian mining company, mining iron ore at the Mary River operation in the Qikiqtani region of North Baffin, Nunavut, Canada. It is jointly owned by The Energy and Minerals Group and ArcelorMittal and operates a high-grade iron ore mine here. Our mine produces the highest grade of direct ...

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Baffinland bidders unite

2022-7-27 · BAFFINLAND IRON MINES $1.51 (Toronto symbol BIM; TSINetwork Rating: Start-up) (416-364-8820; ; Shares outstanding: 343.1 million; Market cap: $518.1 million; No dividends paid) is now the subject of a joint takeover bid. Luxembourg-based ArcelorMittal, the world''s largest steelmaker, and rival bidder Nunavut Iron Ore Acquisition …

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BAFFINLAND IRON MINE : BIM Stock Price

2011-3-30 · 2011. BAFFINLAND IRON MINE : ArcelorMittal et Nunavut portent leur part à 62% dans Baffinland. 2010. BAFFINLAND IRON MINE : ArcelorMittal relève son offre sur Baffinland. More news. Chart BAFFINLAND IRON MINE. Duration : Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max. Period :

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Baffinland Iron Mines shocked by takeover bid | CBC News

Baffinland issues layoff notices to more than 1,100 employees

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Baffinland Iron Mines Corp (TSE:BIM) Share Price | RNS …

2010-11-23 · In brief. Baffinland Iron Mines Corporation (TSX: BIM) is a Canadian publicly-traded junior mining company that is focused on its -owned Mary River iron ore deposits located about 160 kilometres south of Pond Inlet, Baffin Island, Nunavut Territory, Canada.

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Baffinland Iron Mines

2010-9-10 · BAFFINLAND IRON MINES, $1.03, symbol BIM on Toronto, is the subject of a hostile, $274.3-million takeover offer from Nunavut Iron Ore Acquisition Inc., which is wholly owned by privately held Iron Ore Holdings, LP. Nunavut is offering $0.80 in cash for each share of Baffinland. The… Read More

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ArcelorMittal to buy Baffinland Iron mines in deal worth …

2010-11-8 · Baffinland Iron Mines Corp. said Monday that it has agreed to a friendly takeover offer from ArcelorMittal S.A. in a deal worth about $433 million, setting up a …

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Is the Baffinland Takeover Saga About to Escalate?

2011-1-13 · We have been following the takeover saga for Baffinland Iron Mines since the original $0.80/share (CAD$) offer from Nunavut Iron Ore Acquisitions. …

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Baffinland to terminate over 1,100 employees if …

10  · THE CANADIAN PRESS/Vinne Karetak. Baffinland Iron Mines has sent out termination notices for more than 1,100 staff, among these include over 200 Inuit employees on July 31. Two rounds of terminations are scheduled for September 25 and October 11. "The company has had to take this step out of an abundance of caution as Baffinland currently is ...

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Baffinland issues layoff notices to more than 1,100 …

15  · Baffinland Iron Mines Corp. has sent layoff notices to more than 1,100 of its employees. The company sent the notices July 31, said spokesperson Peter Akman. The first round of layoffs is scheduled to happen Sept. 25, and the second on Oct. 11. "The company has had to take this step out of an abundance of caution," Akman wrote in an email ...

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ArcelorMittal, Nunavut Iron team up for successful …

2011-1-18 · Canadian Mining Journal reports: Almost four months have passed since Toronto-based Nunavut Iron Ore first proposed a takeover of Baffinland Iron Mines, owner of the Mary River iron ore project ...

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ArcelorMittal, Baffinland send offer to shareholders

2010-11-14 · LONDON: ArcelorMittal and Baffinland Iron Mines Corporation on Sunday said they have sent a detailed version of the USD 431 million takeover bid by the world''s largest steel producer to Baffinland security holders. Baffinland securityholders were mailed ArcelorMittal''s offer and take-over bid circular and Baffinland''s directors'' circular in this connection, both the …

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Baffinland issues layoff notices to more than 1,100 …

15  · Baffinland Iron Mines Corp. has sent layoff notices to more than 1,100 of its employees. The company sent the notices July 31, said spokesperson Peter Akman. The first round of layoffs is scheduled to happen Sept. 25, and the second on Oct. 11. "The company has had to take this step out of an abundance of caution," Akman wrote in an email to Nunatsiaq …

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