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Diamonds are what this Spider hopes to catch in its web. Spider Resources is a diamond exploration and development company with multiple Canadian properties, all in Ontario. Formed in 1992, the company has partnered with fellow Canadian mining enterprise KWG Resources to develop its properties. It dropped its project in Brazil (Alto Paranaiba) in 2004 to focus on the Canadian projects. Spider was acquired by Cliffs Natural Resources in 2010 and will operate as an indirect wholly owned subsidiary of that company.
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