Timothy W. Sullivan to Join Company's BoardCLEVELAND, Dec. 3, 2012 /CNW/ - Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that its Board of Directors has elected Timothy W. Sullivan, 59, executive advisor of CCMP Capital Advisors LLC and former president and chief executive officer of Bucyrus International Inc. to Cliffs Board. The appointment is effective Jan. 1, 2013. With the addition of Mr [...]
CLEVELAND, Nov. 19, 2012 /CNW/ - Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today a decision to delay portions of its Bloom Lake Mine Phase II expansion in Quebec and idle a portion of its production at two of its U.S. iron ore operations, Northshore Mining in Minnesota and Empire Mine in Michigan. The Company is adjusting its 2013 operating plans for its North American iron ore businesses to align [...]
CLEVELAND, Nov. 13, 2012 /CNW/ - Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced that its Board of Directors declared a quarterly cash dividend on the Company's common shares of $0.625 per share. The cash dividend will be payable on Dec. 3, 2012, to shareholders of record as of the close of business on Nov. 23, 2012. (Logo: http://photos.prnewswire.com/prnh/20101104/CLIFFSLOGO )About Cliffs Natural [...]
CLEVELAND, Nov. 12, 2012 /CNW/ - Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that its wholly owned subsidiary, Cliffs Australia Coal Pty Ltd, has finalized the sale of its 45% economic interest in the Sonoma coal mine located in Queensland, Australia to its joint venture partners, QCoal Sonoma Pty Ltd (QCoal) and JS Sonoma Pty Ltd (JSS).(Logo [...]
CLEVELAND, Nov. 9, 2012 /CNW/ - Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that the United Steelworkers (USW) ratified the tentative settlement agreement signed by both parties this past October. All USW local memberships representing workers from Michigan and Minnesota operations ratified the new 37-month labor contract effective Sept. 1, 2012. The new contract will cover approximately 2,400 [...]
CLEVELAND, Nov. 9, 2012 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today it has established a working relationship with the U.S. Army to support its Partnership for Youth Success (PaYS) Program. Through PaYS, the Army provides pre-qualified, trained, and honorably discharged veterans as future skilled employees for the Company. (Logo [...]
Five Star Equities Provides Stock Research on Cliffs Natural Resources and Newmont MiningNEW YORK, NY -- (Marketwire) -- 10/29/12 -- The S&P 500 Index has performed admirably so far in 2012, gaining roughly 15 percent year-to-date, but is expected to experience a bit of a slowdown as we head into third quarter earnings season. Approximately 69 percent of S&P companies who have reported third quarter results so far have [...]
- Company Reports Revenue of $1.5 Billion and Net Income Attributable to Cliffs' Shareholders of $85.1 Million, or $0.59 Per Diluted Share- Seaborne Pricing for Iron Ore Decreases 36% Year Over Year- Year-to-Date Global Iron Ore Sales Volume Increases 7% to 31 Million TonsCLEVELAND, Oct. 24, 2012 /CNW/ - Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today reported third-quarter results for the period ended Sept [...]
JAKARTA, INDONESIA -- (Marketwire) -- 10/24/12 -- Moments ago, TradersInsight.net introduced new coverage of Cliffs Natural Resources Inc. (NYSE: CLF) and DTE Energy Company (NYSE: DTE). Full outlook, analysis and consensus opinion is available to readers via the links below. www.TradersInsight.net/r/cnbc/80d1_CLFwww.TradersInsight.net/r/cnbc/c2ec_DTE The consistent delivery of accurate analyses relies solely on two [...]
CLEVELAND, Oct. 10, 2012 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today a tentative agreement with the United Steelworkers (USW), on a new three-year labor contract offer that will cover approximately 2,400 USW-represented workers at Cliffs' Empire and Tilden mines in Michigan, and its United Taconite and Hibbing Taconite mines in Minnesota. (Logo [...]
CLEVELAND, Oct. 1, 2012 /CNW/ - Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today said it intends to announce unaudited 2012 third-quarter financial results after the U.S.-market close Wednesday, Oct. 24, 2012.(Logo: http://photos.prnewswire.com/prnh/20101104/CLIFFSLOGO )The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors [...]
Iron ore producers earlier this year had experienced a downturn in Chinese demand after officials cut the country's 2012 target growth rate to 7.5 percent - the lowest year-on-year growth projection in eight years. But recent plans from the Chinese government to help boost their struggling economy have sparked a rally in iron ore prices. The Paragon Report examines investing opportunities in the Iron Ore Industry and [...]