US-based coal producer Cliffs Natural Resources has announced that in the second quarter of the current year its sales revenue decreased by 26 percent to $1.1 billion compared to the corresponding quarter of the previous year. The lower ...
Cliffs Natural Resources Inc. announced Thursday that the Company’s Board of Directors has appointed Lourenco Goncalves to the positions of Chairman, President and Chief Executive Officer, effective immediately. Goncalves replaces ...
Cleveland, Ohio-based Cliffs Natural Resources Inc. has announced that it is further reducing its expected 2014 capital spending range by approximately 25 percent, or $100 million, to $275-325 million. Cliffs indicated that the lower ...
Tags: Iron Ore, Natural Resources
Specialty metal and chemical products firm 5N Plus Inc of Montreal, QuÉbec, Canada has appointed Bertrand Lessard as chief operating officer, effective 28 April. 5N Plus provides specialty purified metals such as bismuth, gallium, ...
Tags: 5N Plus, Electrical, Electronics
Iron ore blast furnace pellet premiums rose further in March as some steelmakers were said to have agreed quarterly pricing for Q1 around the low $40s/dry mt, and leave open the opportunity to renegotiate for lower pricing later this year. ...
Tags: Iron Ore, Pellet premiums
Estrella Gold Corporation (TSX VENTURE:EST) ("Estrella" or the "Company") announces that Cliffs Natural Resources Exploration Inc., a wholly owned subsidiary of Cliffs Natural Resources Inc. (NYSE:CLF)(PARIS:CLF) ("Cliffs"), has released ...
Tags: Estrella Gold Corporation, Cliffs Natural Resources Exploration
Estrella Gold Corporation (TSX VENTURE:EST) ("Estrella" or the "Company") is pleased to announce that exploration work has begun on the Yanac Project in October 2013 by its JV Partner. The Yanac project is located in Departamento Ica ...
Tags: Estrella, Gold Corporation
Cleveland, Ohio-based Cliffs Natural Resources Inc. announced Thursday that the United Steelworkers Union local membership have ratified a three-year labor contract agreement for its Bloom Lake Mine in Fermont, Quebec. The new labor ...
Cleveland, Ohio-based Cliffs Natural Resources Inc. announced Tuesday that it has entered into a new agreement with West Chester, Ohio-based AK Steel to supply iron ore pellets from 2014 through 2023. The new agreement includes minimum and ...
Tags: AK Steel, Pellet Supply
Cleveland, Ohio-based Cliffs Natural Resources Inc. announced Tuesday that it has restarted its Wabush Scully mine that was temporarily idled due to the forest fires in the region since June 28. The town of Wabush rescinded their ...
Tags: Iron Ore Mine, Cliffs
It's reported Essar Steel Algoma has extend its current agreement with its iron ore pellet supplier-Cliffs Natural Resources Inc. from 2016 to 2024. This agreement is pleased to control the pallet cost. Essar Steel Minnesota is also ...
Tags: Construction, Metallurgy, Mineral, Energy
Cleveland, Ohio-based Cliffs Natural Resources reported late Wednesday Q1 2013 net income of $97 million, down significantly from $376 million in Q1 2012. Consolidated sales margin decreased 18 percent in Q1 to $238 million, from $292 ...
Cliffs Natural Resources said Monday that it expects to idle its Wabush Pointe Noire pellet plant within the city of Sept-Iles in Quebec by the end of Q2 2013. The company indicated that its decision to idle its iron ore pellet operation is ...
Cleveland, Ohio-based Cliffs Natural Resources Inc. reported Tuesday that for the full year 2012, Cliffs recorded a net loss attributable to Cliffs' common shareholders of $899 million, or $6.32 per diluted share, compared with net income ...
Tags: Mineral, Cliffs Natural Resources, Report
Star Tribune reported that Minnesota iron ore production rose slightly in 2012, a third consecutive annual increase and another sign of the industry's recovery from a recession induced downturn. According to state data, taconite output ...
Tags: Minnesota, iron ore, production, 2012