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MONTREAL, February 27, 2017 /PRNewswire/ -- Algold Resources Ltd. (TSXV: ALG - the "Corporation") is pleased to announce that the Mauritanian Ministry of Environment and Sustainable Development has provided a conclusive acceptance and opinion regarding the Environmental Feasibility of the Tijirit Gold Mine Project, a key step in Algold's strategy [...]
CLEVELAND, Feb. 27, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has issued $500 million aggregate principal amount of 5.75% Senior Notes due 2025. The Notes are guaranteed on a senior unsecured basis by the Company's material direct and indirect wholly-owned domestic subsidiaries. The Company will use the [...]
KINGSPORT, Tenn., Feb. 23, 2017 /PRNewswire/ -- Alpha Natural Resources Holdings, Inc. and ANR, Inc., announce the divestment of substantially all of their affiliated mining assets in Harlan County, Kentucky, to JRL Coal LLC of Marietta, Georgia. The Coalgood assets include a permitted surface mine operation that has been idle since 2012 and nearly [...]
KINGSPORT, Tenn., Feb. 22, 2017 /PRNewswire/ -- Alpha Natural Resources Holdings, Inc. and ANR, Inc. announce outstanding safety performance for 2016, with five affiliate operations in West Virginia honored for safety achievements by the West Virginia Office of Miners' Health Safety and Training. The five Alpha affiliates received the Mountaineer [...]
JOHANNESBURG, February 16, 2017 /PRNewswire/ -- Gold Fields Ltd. (Gold Fields) (JSE, NYSE: GFI) regrets to announce a fatality at the South Deep mine in South Africa in a tramming-related accident today. South Deep management has suspended all hopper tramming activities, pending a full risk assessment, and has notified the Department of Mineral [...]
Gold Fields is pleased to announce the results of the South Deep Rebase Plan. The mine entered a critical stage of its evolution at the beginning of 2015 when Gold Fields made the decision to take a step back and fix the base at the mine before determining the new long-term steady state profile. As part of this process, we removed the previous [...]
JOHANNESBURG , February 16, 2017 /PRNewswire/ -- Gold Fields Ltd. (NYSE & JSE: GFI) today announced normalised earnings of US$191 million for the year ended December 2016 compared with normalised losses of US$45 million for the year ended December 2015. A final dividend number 85 of 60 SA cents per share (gross) is payable on 13 March 2017 [...]
ST. LOUIS, Feb. 15, 2017 /PRNewswire/ -- Arch Coal Inc. (NYSE: ARCH) announced today that it is seeking to refinance its first lien term loan facility with the proceeds from a seven-year $250 million first lien term loan B facility and cash on hand. The objectives of the refinancing are to reduce the company's interest expense, increase its [...]
ST. LOUIS, Feb. 15, 2017 /PRNewswire/ -- Peabody Energy announced today the closing of its previously announced private offering of $1.0 billion aggregate principal amount of senior secured notes, consisting of $500 million of 6.000% senior secured notes due 2022 and $500 million of 6.375% senior secured notes due 2025. The net proceeds of the [...]
CLEVELAND, Feb. 10, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has priced an offering of $500 million aggregate principal amount of Senior Notes due 2025 (the "Notes") in an offering that is exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act"). The Notes will bear [...]
CLEVELAND, Feb. 9, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it intends to offer to sell, subject to market and other conditions, $500 million aggregate principal amount of Senior Notes due 2025 (the "Notes") in an offering that is exempt from the registration requirements of the Securities Act of 1933 (the [...]
CLEVELAND, Feb. 9, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced the pricing of its underwritten public offering of its common shares ("Common Shares"). Cliffs agreed to sell 55,000,000 Common Shares at a public offering price of $10.75 per share (the "Offering"). Gross proceeds to Cliffs from this Offering are [...]