from td site

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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keegann

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from td site

posted on Nov 19, 2012 09:26AM

Nov 19 (Reuters) - Cliffs Natural Resources Inc, the largest North American producer of iron ore pellets used in steel making, said it will delay a mine expansion in Quebec and idle some production at two U.S. iron ore operations due to weak iron ore prices.

The company said the idling in the United States will affect about 625 employees.

Cliffs Natural said it will delay portions of its Bloom Lake Mine Phase II expansion in Quebec and idle some production at two of its U.S. iron ore operations, Northshore Mining in Minnesota and Empire Mine in Michigan.

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