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United States

Cliffs Natural Resources Inc (CLF)

CLF on New York Consolidated

9.73USD
9 Dec 2016
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$-0.64 (-6.17%)
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Latest Key Developments (Source: Significant Developments)

Cliffs Natural Resources appoints Eric Rychel to board of directors
Thursday, 27 Oct 2016 08:05am EDT 

Cliffs Natural Resources Inc : Cliffs Natural Resources appoints Eric Rychel to board of directors .Cliffs Natural Resources with addition of Eric Rychel, cliffs' board of directors is now comprised of ten members.  Full Article

Cliffs reaches tentative agreement with USW on new labor contract for Michigan, Minnesota mines
Friday, 26 Aug 2016 12:40pm EDT 

Cliffs Natural Resources : Cliffs reaches tentative agreement with United Steelworkers on new labor contract for Michigan and Minnesota mining operations . Agreement is pending ratification by USW local union memberships .New contract will cover about 2,000 USW-represented workers at mines in Michigan and Minnesota.  Full Article

Cliffs Natural calls for full redemption of senior notes due January 2018
Wednesday, 17 Aug 2016 08:00am EDT 

Cliffs Natural Resources Inc : Calls for full redemption of senior notes due January 2018 . Aggregate principal amount outstanding of notes is about $284 million .Expects total payment to holders of notes to be about $301 million in aggregate, plus accrued and unpaid interest.  Full Article

WEC Energy Group entered agreement with Tilden Mining Co - SEC filing
Monday, 15 Aug 2016 01:52pm EDT 

WEC Energy Group Inc: WEC Energy Group entered into an agreement with Tilden Mining Company L.C., an affiliate of Cliffs Natural Resources - SEC filing . Estimated cost of project with Tilden Mining Co is about $255 million, 50 pct of which is expected to be recovered from Tilden .Remaining 50 pct of the project cost is expected to be recovered from utility customers located in upper peninsula of Michigan.  Full Article

Cliffs Natural Resources enters energy agreement with Wec Energy for Tilden mine
Monday, 15 Aug 2016 01:34pm EDT 

Cliffs Natural Resources Inc : Cliffs Natural Resources announces new energy agreement with WEC Energy Group for its Tilden mine in Michigan . Entered into a new 20-year energy agreement with WEC to provide Tilden mine with a long-term source of electrical power in Michigan . WEC Energy Group, plans to construct, operate 170 mw of new natural gas generating capacity across 2 sites in upper Peninsula .Proposed facilities expected to commence operation in 2019 which will be in advance of retirement of Presque Isle power plant.  Full Article

Cliffs Natural Resources says offering of 44.4 mln common shares priced at $6.75per share
Wednesday, 10 Aug 2016 06:02pm EDT 

Cliffs Natural Resources Inc : Cliffs Natural Resources Inc. Prices public offering of common shares . Says offering of 44.4 million common shares priced at $6.75per share .Says offering of 44.4 million common shares priced at $6.75per share.  Full Article

Cliffs Natural Resources announces proposed offering of common shares
Tuesday, 9 Aug 2016 04:01pm EDT 

Cliffs natural resources inc : Announces proposed offering of common shares .Cliffs natural resources inc says commencement of an underwritten public offering of $300 million of its common shares.  Full Article

Cliffs Natural Resources Q2 EPS $0.07
Thursday, 28 Jul 2016 08:00am EDT 

Cliffs Natural Resources Inc : Reports Second Quarter 2016 results . U.S. iron ore pellet sales volume in q2 of 2016 was 4.1 million long tons, a 2 percent decrease . Second-Quarter 2016 Asia Pacific iron ore sales volume increased 13 percent to 3.1 million metric tons, from 2.8 million metric tons . Cliffs is maintaining its full-year 2016 capital expenditures expectation of $75 million . Q2 earnings per share $0.07 from continuing operations . Q2 revenue $496 million versus I/B/E/S view $464.8 million . Q2 earnings per share view $0.02 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.07 .Maintaining full-year 2016 asia pacific iron ore sales and production volume forecast of approximately 11.5 million metric tons.  Full Article

Cliffs Natural Resources files for offering of up to $300 million - sec filing
Thursday, 16 Jun 2016 06:11am EDT 

Cliffs Natural Resources Inc : Files for common shares offering of up to $300.0 million - sec filing .Intends to use net proceeds for general corporate purposes, including repayment of debt, in particular 2018 senior notes.  Full Article

Cliffs Natural Resources and Arcelormittal USA enter into long-term iron ore supply agreement
Tuesday, 31 May 2016 08:30am EDT 

Cliffs Natural Resources Inc : Co and Arcelormittal USA LLLC enter into new long-term iron ore supply agreement through 2026 . New agreement will replace two existing agreements expiring in Dec. 2016 and Jan. 2017 . New contract also establishes minimum tonnage of pellets of 7 million long tons, higher than current minimum level .New commercial agreement includes Arcelormittal's total purchases of iron ore pellets from cliffs up to 10 million long tons.  Full Article

BRIEF-Cliffs Natural Resources director Fisher reports open market purchase of 4,000 shares of co's common stock $5.66 per share

* Director Robert Fisher reports open market purchase of 4,000 shares of co's common stock on Nov 3 at $5.66 per share - sec filing Source text - http://bit.ly/2fL0n1Z Further company coverage: