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Latest Geology of Minnesota Stories

2013-05-21 16:22:15

GRAND RAPIDS, Minn., May 21, 2013 /PRNewswire/ -- Magnetation LLC (Magnetation) announced today that it has successfully completed a $325 million senior secured notes offering and has entered into a $50 million senior secured credit facility. The proceeds from the notes offering will be used for capital expenditures to construct a new concentrate reclamation plant northwest of Coleraine, Minnesota and a new manufacturing plant in Reynolds, Indiana to produce high-quality iron ore pellets, a...

2012-11-27 08:22:26

GRAND RAPIDS, Minn., Nov. 27, 2012 /PRNewswire/ -- Magnetation LLC (Magnetation) announced today that it has selected Reynolds, Indiana as the site to build its new iron ore pellet plant. The new facility will produce high-quality iron ore pellets, a critical raw material in the steelmaking process. Magnetation currently anticipates breaking ground during the first quarter of 2013. The plant is expected to become operational in late 2014 or early 2015 and employ approximately 100-120...

2012-11-09 20:21:29

CLEVELAND, Nov. 9, 2012 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that the United Steelworkers (USW) ratified the tentative settlement agreement signed by both parties this past October. All USW local memberships representing workers from Michigan and Minnesota operations ratified the new 37-month labor contract effective Sept. 1, 2012. The new contract will cover approximately 2,400 USW-represented workers at Cliffs' Empire and Tilden mines in...

2012-10-10 19:20:50

CLEVELAND, Oct. 10, 2012 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today a tentative agreement with the United Steelworkers (USW), on a new three-year labor contract offer that will cover approximately 2,400 USW-represented workers at Cliffs' Empire and Tilden mines in Michigan, and its United Taconite and Hibbing Taconite mines in Minnesota. (Logo: http://photos.prnewswire.com/prnh/20101104/CLIFFSLOGO ) David Blake, Senior Vice President, North...

2012-10-10 07:21:50

TORONTO, Oct. 10, 2012 /PRNewswire/ - Duluth Metals Limited ("Duluth") (TSX: DM) (TSX:DM.U) is pleased to announce that a second drill rig has been mobilized on the  Target 3 area of the East Shore exploration property.  The drilling will be carried out in the Harris Lake/Heart Lake area approximately 4 miles south of the Nickel Lake Macrodike. Drilling is targeting VTEM geophysical anomalies along the sulphide bearing, eastern basal contact zone of the South Kawishiwi...

2012-09-23 22:21:23

TORONTO, Sept. 24, 2012 /PRNewswire/ - Duluth Metals Limited ("Duluth") (TSX: DM) (TSX:DM.U) is pleased to announce that drilling has commenced on the first target at the mouth of the Nickel Lake Macrodike, located in the Duluth Complex, north-eastern Minnesota. The first drill rig is targeting the significant gravity anomaly within the prospective Nickel Lake Macrodike situated on the Nor'East property. "We are extremely pleased to announce the commencement of the drill program on...

2012-08-31 10:20:51

CLEVELAND, Aug. 31, 2012 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today a short-term extension of its labor contract with the United Steelworkers (USW) since both parties have not reached a new agreement. The parties have agreed that the Union will not strike and the Company will not lock out until 48 hours after providing written notice to the other party of their intent to be released from this no strike/no lockout commitment. (Logo:...

2011-08-02 05:30:00

TORONTO, Aug. 2, 2011 /PRNewswire/ - Duluth Metals Limited ("Duluth Metals" and "Company") (TSX: DM) (TSX: DM.U) is pleased to announce that a diamond drill program has commenced on the Land O'Dixie Property, one of the Company's grassroots exploration properties within the Duluth Complex in Minnesota, U.S.A. The Company has planned a drilling program to test a large layered mafic intrusion identified on the property with potential for Platinum-rich Reef style targets. The Company has...

2008-07-07 06:00:12

By Janna Goerdt, Duluth News-Tribune, Minn. Jul. 7--BOVEY -- It's a problem that's only getting deeper. The water level in a nearly 5-mile-long chain of abandoned mine pits on the western Iron Range continues to rise, even as the debate persists over how to drain some of that water before the lake overflows into nearby Bovey, or the crumbling pit walls give way. If that happens, it's uncertain what would happen to Bovey and its population of 669, or to surrounding communities. Some...