The two global steel giants that snapped up Canada’s two largest steel makers are battling in court over a soured deal involving a jointly owned iron ore mine in Labrador.
ArcelorMittal Dofasco Inc. is suing U.S. Steel Canada Inc. (the former Stelco Inc.) and mining company Cleveland-Cliffs Inc. after ArcelorMittal’s an agreement to buy out its [...]

Nuinsco Resources Limited announced that it has received final approval from the Ontario Superior Court of Justice of its previously announced plan of arrangement (the “Arrangement”) involving Nuinsco and a new company, Victory Nickel Inc. (”Victory Nickel”). Assuming receipt of other regulatory and third-person consents and approvals required in connection with the Arrangement, it [...]

Nuinsco Resources Limited (”Nuinsco” or the “Company”)(TSX: NWI) (www.nuinsco.ca) today announced that the shareholders of Nuinsco overwhelmingly approved the previously announced plan of arrangement (the “Arrangement”) involving Nuinsco and a new company, Victory Nickel Inc. (”Victory Nickel”). Of the votes cast at Nuinsco’s Special Meeting of Shareholders on January 26, 2007, 99.77% were in favour [...]

Nuinsco Resources Limited announced that it has mailed to its shareholders a notice and Management Information Circular (the “Circular”) for a special meeting of shareholders (the “Meeting”) to seek approval of a proposed arrangement (the “Arrangement”) which will create a new nickel company called Victory Nickel Inc. (”Victory Nickel”). Shareholders of record of Nuinsco [...]

Canadian nickel miner Inco Ltd. , which plans to be acquired by Phelps Dodge Corp. , said on Monday it would open negotiations with unsolicited suitor Teck Cominco Ltd.
Inco urged shareholders to reject Teck’s existing takeover offer of C$19.6 billion (US $17.3 billion), but said the overture could potentially lead to a “superior proposal.”
As [...]