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Noront inks $17.4m deal with Baosteel in Ontario Ring of Fire

Andrew Topf | May 17, 2011 | 7:29 pm Base Metals Precious Metals Canada China Copper Nickel Palladium 

Noront Resources has completed a brokered placement worth $17.4 million, the Toronto-listed junior explorer announced yesterday. The deal will give Baosteel the right to increase its  stake in Noront to 19.9%. It will also give Baosteel, a  large steel producer...

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