UPDATE 1-Champion buys Quebec iron ore mine for Cliffs at deep discount

TORONTO, Dec 11 (Reuters) - Champion Iron Mine said Friday it will buy a Quebec iron ore mine for C$10.5 million ($7.65 million), just a sliver of the C$4.9 billion that Cliffs Natural Resources paid...

from Reuters: Bankruptcy News http://ift.tt/1OXUDKy