BNN Iron Ore & the Labrador Trough

11 BILLION TONNES of Iron Ore ( M and I ) and 12 BILLION Inferred...

The New Player in Iron Ore

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BNN Iron Ore & the Labrador Trough

posted on Jan 13, 2011 02:51PM

Commodities : January 13, 2011 : Iron Ore & the Labrador Trough [01-13-11 11:40 AM]

The Labrador Trough is known for its rich iron ore deposits, with majors such as Rio Tinto and ArcelorMittal with interests there. Now, Cliffs Natural Resources is showing interest in the region with its $4.07-billion offer for Consolidated Thompson Iron Mines. For more, BNN speaks to Ian Nakamoto, Research Director, MacDougall, MacDougall & MacTier.