Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced that it is offering to sell, subject to market and other conditions, 9,000,000 common shares through an underwritten offering. In connection with the offering, the underwriters have been granted an over-allotment option to purchase an additional 1,350,000 common shares.
CLEVELAND, June 2, 2011 /CNW/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today 2011 and 2012 outlooks for its Bloom Lake Mine, an iron ore operation acquired as part of its recent acquisition of Consolidated Thompson Iron ...
Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced the launch of a multi-language, international corporate advertising campaign dubbed 'Together. It Starts Here.' The campaign commemorates the completion of Cliffs' approximately C$4.9 billion (including net debt) acquisition of Consolidated Thompson Iron Mines Limited with a broad-reaching placement schedule
Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) and Consolidated Thompson Iron Mines Limited (TSX: CLM) jointly announced today that Cliffs has closed on its acquisition of Consolidated Thompson. Cliffs financed the approximately C$4.9 billion (including net debt) transaction through committed financing, including a $1.25 billion term loan, $750 million in bridge
CLEVELAND, May 10, 2011 /PRNewswire/ -- Cliffs Natural Resources Inc.
(Paris: CLF) today announced it has been ranked No. 7 on the 2011 Barron's 500 America's Top Companies list. Cliffs is distinguished as the only mining and natural resources company positioned with a top ten ranking.
Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced that the Chinese Ministry of Commerce (MOFCOM) has cleared Cliffs' proposed acquisition of Consolidated Thompson Iron Mines Limited (TSX: CLM). MOFCOM is the final regulatory agency whose approval was necessary to proceed with the closing of the acquisition of Consolidated Thompson. Subject to certain other
CLEVELAND, May 6, 2011 /PRNewswire/ -- Cliffs Natural Resources Inc.
(Paris: CLF) today announced it has been added to the Fortune 500 list 2011, Fortune Magazine's annual ranking of America's largest companies by revenue. Cliffs is ranked at No. 477, with annual revenues of $4.7 billion for 2010.
CLEVELAND, April 28, 2011 /CNW/ -- << - Revenue Increases 63% over Last Year to a First-Quarter Record of $1.2 Billion; Net Income Reaches $423 Million, or $3.11 Per Diluted Share
- Company Increases 2011 Sales Volume Outlook for North American Iron Ore to 29 Million Tons
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Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today reported first-quarter results for the period ended March 31, 2011. Consolidated revenues in the seasonally slow first quarter were up 63% to a record $1.2 billion, from $728 million in the same quarter last year. Operating income for the first quarter was $541 million, an increase of 377% from the comparable quarter in
CLEVELAND, April 28, 2011 /PRNewswire/ -- Cliffs Natural Resources Inc.
(Paris: CLF) today reported that during the evening of April 27, 2011 its above ground operations at its Oak Grove Mine in Alabama were struck by severe weather, including a tornado storm. All mine operations employees are accounted for and safe with no known injuries at this point in time. Cliffs indicated that it does appear that the severe [...]
CLEVELAND, April 20, 2011 /PRNewswire/ -- Cliffs Natural Resources Inc.
(Paris: CLF) today announced that it has reached a settlement agreement with Essar Steel Algoma Inc. The settlement agreement includes Essar's acceptance of the previously announced arbitration award. In addition to acknowledging the method to calculate the contract prices beginning in 2010 through the duration of the contract, the settlement [...]
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 $0.14 per share. The cash dividend will be payable on June 1, 2011, to shareholders of record as of the close of business on April 29, 2011.