Noront raises chromite bid

By Mark Watts
Published: Tuesday, 01 December 2009

Noront beats Cliffs takeover offer for Freewest’s Canadian chromite deposits

Noront Resources Ltd has increased its takeover bid for chromite exploration company Freewest Resources Canada Inc. to C$222m. ($212m.) in an attempt to beat a previous offer from US-based Cliffs Natural Resources Inc.

 

The offer...

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