Cleveland-Cliffs Inc.

CLEVELAND, July 1, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that its Board of Directors declared a quarterly cash dividend on the Company's 7.00% Series A Mandatory Convertible Preferred Stock, Class A ("Series A preferred stock"), of $17.50 per share, which is equivalent to approximately $0.4375 per depositary share, each representing 1/40th of a share of Series A preferred stock [...]

- Reports Earnings of $0.94 per diluted share from Continuing Operations - Achieves Adjusted EBITDA1 of $94 million - Earns U.S. Iron Ore Realized Pricing of $93 per ton - Reports net debt4 of $2.5 billion at the end of the first quarter CLEVELAND, April 28, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today reported first-quarter  results for the period ended March 31, 2015. Revenues were $574 million [...]

CLEVELAND, April 28, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) is pleased to announce that it has completed the sale of its Chromite assets in Northern Ontario, Canada to Noront Resources Ltd.  The assets were sold under a revised purchased agreement for US$27.5 million in cash, which is an increase of U.S. $7.5 million over the previously announced sale price of US$20 million. The assets are [...]

NEW YORK, April 21, 2015 /PRNewswire/ -- Communications Sales & Leasing Inc.  (NASD:CSALV) will replace Cliffs Natural Resources (NYSE:CLF) in the S&P MidCap 400 after the close of trading on Friday, April 24. S&P MidCap 400 constituent Windstream Holdings Inc. (NASD:WIN) is spinning off Communications Sales & Leasing in a transaction expected to be completed on or about that date pending final conditions. Windstream will [...]

Company to Host First-Quarter Earnings' Conference Call on April 29, 2015 CLEVELAND, April 2, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has named its current Executive Vice President of Business Development, P. Kelly Tompkins as the Company's new Executive Vice President & Chief Financial Officer effective April 1, 2015.  Mr. Tompkins will replace Terrance Paradie, who [...]

CLEVELAND, March 30, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) ("Cliffs" or the "Company") announced today that, on March 30, 2015, it entered into a new senior secured asset-based revolving credit facility (the "New ABL Facility") and successfully completed its previously announced private offering (the "Offering") of $540 million aggregate principal amount of 8.250% Senior Secured Notes due March [...]

CLEVELAND, March 27, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that its Board of Directors declared a quarterly cash dividend on the Company's 7.00% Series A Mandatory Convertible Preferred Stock, Class A ("Series A preferred stock"), of $17.50 per share, which is equivalent to approximately $0.4375 per depositary share, each representing 1/40th of a share of Series A preferred stock [...]

CLEVELAND, March 25, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) ("Cliffs" or the "Company") announced today that it has priced $540 million aggregate principal amount of 8.25% Senior Secured Notes due March 31, 2020 (the "New First Lien Notes") in an offering that is exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act"). The New First Lien Notes will be jointly [...]

CLEVELAND, March 23, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) is pleased to announce that it has entered into a definitive agreement to sell its Chromite assets in Northern Ontario, Canada to Noront Resources Ltd. for $20 million. The transaction is comprised of the chromite deposits and associated claims held by Cliffs. The sale of these assets to Noront, an experienced mining company with a [...]

CLEVELAND, March 19, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) ("Cliffs" or the "Company") announced today that it intends to offer to sell, subject to market and other conditions, $500 million aggregate principal amount of Senior Secured Notes due 2020 (the "New First Lien Notes") in an offering that is exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act [...]