On June 8, 2009, WISCO moved into Canada's Consolidated Thompson Iron Mines Ltd (CLM), a listed company, with an initial purchase of 19.99% of shares, purchased for …
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TORONTO, March 30 (Reuters) - Consolidated Thompson Iron Mines Ltd
Economic optimists search constantly for so-called green shoots—subtle signs that the global economy is preparing to roar back to life. In the northern part of Quebec province, Consolidated Thompson Mines is at work on a project that suggests there may be reasons to be bullish about the prospects for solid growth in at least some parts of the …
Consolidated Thompson Iron Mines Limited is pleased to announce that Wuhan Iron and Steel Corporation has received the necessary approvals from the China government in respect of the previously announced strategic investment of US$240 million by WISCO into CLM. Closing of the strategic investment has been scheduled for Monday, July 20, 2009.
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Consolidated Thompson started production at Bloom Lake during the first quarter of 2010, and deliveries under previously signed off-take agreements were scheduled to begin in …
Case Study: Consolidated Thompson • World Class Iron Ore Project in Quebec • Built from exploration stage in 2005 through to production in 2010 • Completed scoping study, 3 feasibility studies, secured off-take and financing agreements with China. • Market cap when F&M got involved was $1 million; sale price market capitalization of $4. ...
March 30, 2009 Consolidated Thompson Announces US$240 Million Strategic Investment from Wuhan Iron and Steel Group TORONTO, ONTARIO--(Marketwire - March 30, 2009) - Consolidated Thompson Iron Mines Limited (TSX:CLM) ("CLM") is pleased to announce the signing of a letter agreement with Wuhan Iron and Steel …
The textbook case is Consolidated Thompson, which secured Chinese partner, WISCO, early on before they were taken out by Cliffs Natural Resources for $5 …
One such key agreement calls for China's Wuhan Iron and Steel Corp. (WISCO) to accept as much as 50 percent of the mine's output at fair market value based on current pricing. …
On July 20, 2009, Minerals Corporation Ltd. of Wuhan Iron and Steel (Group), a subsidiary of Wuhan Iron and Steel Corporation Ltd. (WISCO), announced that WISCO made the …
Sold to Endeavour Mining in 2012 for $400m (~89c) 2012 Consolidated Thompson Sold for USD 4.9 billion Market Cap when F&M got involved was $1m. Sale price of US$4.9bn. ... developed and operated 8 Mm tpy iron ore mine • Secured strategic off take financing from WISCO • North American industry player purchased company for …
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(Adds details on deal, background; figures in U.S. dollars, unless noted)
One such key agreement calls for China's Wuhan Iron and Steel Corp. (WISCO) to accept as much as 50 percent of the mine's output at fair market value based on current pricing. That deal also involved a $240 million investment from WISCO that helped Consolidated Thompson keep work moving forward on the mine as it was being built.
Case Study: Consolidated Thompson • World Class Iron Ore Project in Quebec • Built from exploration stage in 2005 through to production in 2010 • Completed scoping study, 3 feasibility studies, secured off-take and financing agreements with China. • Market cap when F&M got involved was $1 million; sale price market capitalization of $4. ...
Case Study: Consolidated Thompson Founded Consolidated Thompson Iron Mines • World Class Iron Ore Project in Quebec • Built from exploration stage in 2005 through to production in 2010 • Completed scoping study, 3 feasibility studies, secured off-take and financing agreements with China. • Market cap when F&M got involved was $1 …
Consolidated Thompson Iron Mines Ltd
Consolidated Thompson Mines Economic optimists search constantly for so-called green shoots—subtle signs that the global economy is preparing to roar back to life. In the northern part of Quebec province, Consolidated Thompson Mines is at work on a project that suggests there may be reasons to be bullish about the prospects for solid growth ...
Consolidated Thompson Iron Mines Limited is pleased to announce that Wuhan Iron and Steel Corporation has received the necessary approvals from the China government in …
Case Study: Consolidated Thompson §Identified, developed, and operated 8 million tonnes per year iron ore mine §Secured strategic, significant off-take financing from …
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TORONTO - Consolidated Thompson Iron Mines Ltd. (TSX:CLM) is hoping to double production at its brand new Bloom Lake mine, and it wants to begin the expansion process within two
All of Consolidated Thompson's current production capacity is contracted under long-term off-take arrangements at sales-per-ton rates that move with the global seaborne prices. …
Consolidated Thompson has secured off-take agreements totaling 8 million tonnes per year for many years (minimum of 7 years to mine life), and has received Board of Directors approval to increase the mine production from 8 million to 16 million tonnes per year on a multi-year basis. Related Content - Business Showcase - Consolidated Thompson
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One such key agreement calls for China's Wuhan Iron and Steel Corp. (WISCO) to accept as much as 50 percent of the mine's output at fair market value based on current pricing. That deal also involved a $240 million investment from WISCO that helped Consolidated Thompson keep work moving forward on the mine as it was being built.
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