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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 [...]
ST HELIER, Jersey, August 15, 2016 /PRNewswire/ -- Regulation S Notes: ISIN USG2370YAB23 / CUSIP G2370YAB2 Rule 144A Notes: ISIN US209504AB54 / CUSIP 209504AB5 Consolidated Minerals ("Consmin", the "Group" or the "Company") announces a successful completion of the solicitation of consents to amend the indenture dated as of May 12, 2014 (the [...]
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 [...]
ST. LOUIS, Aug. 10, 2016 /PRNewswire/ -- Peabody Energy announced today that it has received approval of its business plan by the company's debtor-in-possession (DIP) financing lenders. The business plan forms the foundation for the plan of reorganization that the company expects to submit before the end of the year. Both the business plan and the [...]
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 [...]
ST HELIER, Jersey, August 5, 2016 /PRNewswire/ -- - Regulation S Notes: ISIN USG2370YAB23 / CUSIP G2370YAB2 - Rule 144A Notes: ISIN US209504AB54 / CUSIP 209504AB5 Consolidated Minerals ("Consmin", the "Group" or the "Company") announces an extension of the Expiration Date in the consent solicitation statement dated 7 July 2016 prepared by the [...]
PITTSBURGH, Aug. 2, 2016 /PRNewswire/ -- Consol Energy Inc. (NYSE: CNX) announced today that it has closed on its previously announced agreement to sell the Miller Creek and Fola mine complexes in southern West Virginia to Southeastern Land LLC. About CONSOL Energy Consol Energy Inc. (NYSE: CNX) is a Pittsburgh-based energy producer, and one of [...]
- 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 [...]
ST. LOUIS, July 26, 2016 /PRNewswire/ -- Peabody Energy announced today it reached agreements with three state regulatory agencies regarding financial assurances in support of coal mine restoration. Superpriority settlement agreements have been reached with Wyoming, New Mexico and Indiana, states in which Peabody has self-bonding obligations [...]
This release should be read with the Company's Financial Statements and Management Discussion & Analysis ("MD&A"), available at www.tasekomines.com and filed on www.sedar.com. Except where otherwise noted, all currency amounts are stated in Canadian dollars. Taseko's 75% owned Gibraltar Mine is located north of the City of Williams Lake in [...]
Reorganized Company Will Have Solid Financial Foundation to Continue Mining Coal, Fulfill Customer Needs and Satisfy Environmental Responsibilities BRISTOL, Va., July 26, 2016 /PRNewswire/ -- Alpha Natural Resources and its affiliates announced that the Company has today successfully emerged from Chapter 11 bankruptcy protection. The reorganized [...]
