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CLEVELAND, Feb. 29, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today the expiration and final results of its private offers (the "Exchange Offers") to certain eligible holders to exchange its newly issued 8.00% 1.5 Lien Senior Secured Notes due 2020 (the "New 1.5 Lien Notes") for certain outstanding notes of Cliffs [...]
Continues Transformation to Pure Play E&P Company; Transaction De-levers the Company and Strengthens Balance Sheet PITTSBURGH, Feb. 29, 2016 /PRNewswire/ -- Consol Energy Inc. (NYSE: CNX) announced today that it has entered into an agreement for the sale of its Buchanan Mine in southwestern Virginia and certain other metallurgical coal reserves to [...]
JOHANNESBURG, February 18, 2016 /PRNewswire/ -- Gold Fields Ltd. (NYSE & JSE: GFI) today announced normalised earnings of US$15 million for the December 2015 quarter compared with US$22 million for the September 2015 quarter and US$17 million for the December 2014 quarter. Net losses attributable to our shareholders of US$258 million for the [...]
Walter Energy Inc. today closed the previously-announced sale of certain U.S. non-core assets to Seminole Coal Resources, LLC, ERP Compliant Coke, LLC and ERP Environmental Fund, Inc. all affiliates of ERP Compliant Fuels, LLC and Virginia Conservation Legacy Fund, Inc. Under the terms of the agreement, Seminole has acquired Walter Energy's assets [...]
Kinross identifies several surface targets with similar geologic characteristics to Golden Wonder mine. GIG HARBOR, Wash., Feb. 11, 2016 /PRNewswire/ -- LKA Gold Incorporated (OTCQB: LKAI) As previously announced, throughout the summer and fall of 2015, Kinross Gold USA conducted a detailed evaluation of surface geology surrounding LKA's Golden [...]
- 2015 revenues of $5.61 billion lead to Adjusted EBITDA of $434.6 million, including $23.5 million in restructuring charges - Diluted Loss Per Share from Continuing Operations totals $(102.62); Adjusted Diluted EPS totals $(36.39) - Australian costs per ton improve 24% to record low for platform; U.S. costs per ton improve 5% even with lower [...]
CLEVELAND, Feb. 10, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced the results to date of its pending private offers to exchange (the "Exchange Offers") its newly issued 8.00% 1.5 Lien Senior Secured Notes due 2020 (the "New 1.5 Lien Notes") for certain outstanding notes of Cliffs listed in the table below (the [...]
PITTSBURGH, Feb. 8, 2016 /PRNewswire/ -- Consol Energy Inc. (NYSE: CNX) announced today the nomination of Bernard Lanigan, Jr., Joseph P. Platt and Edwin S. Roberson to its Board of Directors for election at its annual meeting of shareholders scheduled for May 11, 2016. The other nominees include eight current members of the Board. The company [...]
CLEVELAND, Feb. 7, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that the Company has reached agreements in principle to settle both the putative federal securities class action pending in the United States District Court for the Northern District of Ohio, and the combined shareholder derivative actions pending in [...]
CNX Coal Resources, today announced the filing of its Annual Report on Form 10-K for the fiscal year ending December 31, 2015 with the Securities and Exchange Commission (SEC). A copy of the Annual Report on Form 10-K, which contains the Partnership's audited financial statements, is available for download at www.cnxlp.com in the Investors section [...]
During 2015, Consol Energy added 934 Bcfe of proved reserves through extensions and discoveries. As of December 31, 2015, total proved reserves were 5.6 Tcfe, which included 583 Bcfe, or 10.3%, of oil, condensate, and liquids. Marcellus Shale reserves account for 369 Bcfe, or 14.4%, of these heavier hydrocarbons. CONSOL Energy replaced 284% of its [...]
Walter Energy Inc. today announced that it has signed an asset purchase agreement with Seminole Coal Resources, LLC, ERP Compliant Coke, LLC and ERP Environmental Fund, Inc. all related to ERP Compliant Fuels, LLC, an affiliate of Virginia Conservation Legacy Fund, Inc., for its remaining U.S. assets. The agreement provides for the acquisition of [...]
