CLEVELAND, Nov. 14, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today said it will be webcasting its presentation at the Goldman Sachs Global Metals & Mining Conference in New York. The Company invites interested parties to listen to a live broadcast of the presentation. When: Wednesday, November 16, 2016, at 3:15 p.m. ET [...]
CLEVELAND, Oct. 27, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has appointed Eric M. Rychel to its Board of Directors, effective immediately. Mr. Rychel is Executive Vice President, Chief Financial Officer and Treasurer of Aleris Corporation, a privately held company that is a global leader in aluminum [...]
CLEVELAND, Oct. 27, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today reported third-quarter results for the period ended September 30, 2016. The Company reported consolidated revenues of $553 million during the third quarter of 2016, a decrease of 7 percent compared to the prior year's third-quarter revenues of $593 million [...]
CLEVELAND, Oct. 3, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today said it will be announcing third-quarter 2016 financial results before the U.S.-market open on Thursday, October 27, 2016. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional [...]
CLEVELAND, Sept. 29, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that its employees represented by the United Steelworkers (USW) at its Tilden and Empire mines in Michigan, and its United Taconite and Hibbing Taconite mines in Minnesota ratified a new 3-year labor contract. The new contract is retroactively [...]
CLEVELAND, Aug. 26, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today a tentative agreement with the United Steelworkers (USW), on a new 3-year labor contract that is effective as of October 1, 2015. The new contract will cover approximately 2,000 USW-represented workers at Cliffs' Tilden and Empire mines in Michigan [...]
CLEVELAND, Aug. 17, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it will redeem the entirety of its outstanding Senior Notes due January 2018 (the "Notes"). The aggregate principal amount outstanding of the Notes is approximately $284 million. Pursuant to the terms of the Notes and the Indenture governing the [...]
CLEVELAND, Aug. 15, 2016 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) and Cliffs Natural Resources Inc. (NYSE: CLF) issue the following clarification statement about project funding for the proposed natural gas-fired power solution in the Upper Peninsula of Michigan: WEC Energy Group through its affiliates will fund the entire $255 million [...]
CLEVELAND, Aug. 15, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that its Tilden Mining Company has entered into a new 20-year energy agreement with WEC Energy Group (NYSE: WEC) to provide Tilden mine with a long-term, reliable and affordable source of electrical power in Michigan. Lourenco Goncalves, Cliffs [...]
CLEVELAND, Aug. 10, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today the pricing of its underwritten public offering of its common shares ("Common Shares"). Cliffs agreed to sell approximately 44.4 million Common Shares at a public offering price of $6.75 per share (the "Offering"). Gross proceeds to Cliffs from this [...]
CLEVELAND, Aug. 9, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced the commencement of an underwritten public offering of $300 million of its common shares ("Common Shares") or up to an aggregate of $345 million of Common Shares if the underwriters exercise their option to purchase additional Common Shares in full [...]
- Reports Net Income of $30 million - Achieves Adjusted EBITDA(1) of $102 million - Reports Earnings of $0.07 per diluted share - Cost of goods sold decrease by 8 percent to $405 million - U.S. Iron Ore cash production costs(2) decrease 17 percent to $46 per long ton - Asia Pacific Iron Ore cash production costs(2) decrease 17 percent to $28 per [...]
