Cleveland Cliffs Newswire

Comprehensive Real-Time News Feed for Cleveland Cliffs.

Results 1 - 20 of 969 in Cleveland Cliffs

  1. Cliffs Natural Resources Isn't a Good Buy Until Iron Ore Prices ImproveRead the original story

    26 min ago | GuruFocus.com

    Cliffs Natural Resources released not-so-impressive results in the fourth quarter. It fell shy of analysts' estimates.

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  2. Noront CEO says new acquisition changes how industry, First Nations and goverment work togetherRead the original story w/Photo

    5 hrs ago | Thunder Bay's Source

    THUNDER BAY The president and CEO of Noront Natural Resources acknowledges the acquisition of the claims formerly held by Cliffs Natural Resources is a game changer for the Ring of Fire. Alan Coutts was in Thunder Bay on Friday in hopes of meeting with Matawa chiefs regarding the announcement earlier this week of Noront now holding nearly 65 per cent of the Ring of Fire.

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  3. Chiefs rain on Ring paradeRead the original story

    3 hrs ago | The Chronicle-Journal

    WHILE many people viewed Noront Resources' plan this week to acquire the vast chromite properties of Cliffs Natural Resources as a welcome shot in the arm of the stalled Ring of Fire mining project, Matawa First Nation Chiefs are grumpy. When Cliffs pulled out of the project, a sense of gloom settled over this region.

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  4. Big Iron Ore Producers Debate Supply-Demand BalanceRead the original story

    14 hrs ago | Resource Investing News

    Industry giants' battle over the iron ore supply-demand balance continued this week, with the most recent development coming when Rio Tinto CEO Sam Walsh described the idea of boosting prices via a production cap "hare brained." The cap was suggested by Andrew Forrest, chairman of Fortescue Metals Group , at an Austcham dinner in Shanghai.

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  5. Chiefs feel left out of loopRead the original story

    16 hrs ago | The Chronicle-Journal

    Saying they're still waiting for "a genuine partnership," First Nations in the Ring of Fire orbit are again raising concerns that plans to develop the mining belt are progressing too fast and without their consent, particularly in regard to how mining projects will be reviewed for potential environmental impacts. The opposition, echoing concerns the Matawa First Nations group flagged last fall, comes just a few days after Noront Resources announced its plan to purchase major chromite deposits from former Ring of Fire proponent Cliffs Natural Resources.

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  6. Gravelle says province is committed to working with First Nations on Ring of FireRead the original story w/Photo

    Yesterday | Thunder Bay's Source

    The Minister of Northern Development and Mines is taking the concerns of First Nation leaders seriously and says they have an important role to play in the development of the Ring of Fire. "The province, our government, remains absolutely committed to continuing the work we are doing with the Matawa First Nations related to implemented the regional framework agreement," said Michael Gravelle Thursday morning.

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  7. One Factor Bringing Cliffs Natural Resources (CLF) Stock Down TodayRead the original story w/Photo

    Yesterday | TheStreet.com

    Cliffs Natural Resources extended the offer to exchange its 7.75% senior secured notes due 2020 until March 30, 2015. The company said that all other terms of the exchange offers are unchanged.

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  8. Canada's "Next Oil Sands Miracle" a BustRead the original story w/Photo

    Yesterday | The Motley Fool

    You can't get there from here. Noront Resources' Eagle's Nest chromite project in the Ring of Fire wilderness region of northern Ontario.

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  9. Ring of Fire still emergingRead the original story

    Yesterday | The Chronicle-Journal

    When the bottom fell out of iron-ore giant Cliffs Natural Resources last year and the company's big plans for Northern Ontario began to unravel, a competitor remarked that development in the Ring of Fire would still happen one day, "not just on Cliffs' timetable." The remark was unfair because, up until the fall of 2013, Cliffs was the real deal: It had spent $500 million in pre-development work on its RoF properties, and was very close to operating the remote region's first mine.

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  10. Learn the Basics of Corrective WavesRead the original story

    Yesterday | Safehaven

    See how three Elliott wave patterns develop -- in Cliffs Natural Resources Inc , iShares Russell 2000 Index and Direxion Daily Financial Bull 3X Shares -- in this classic 5-minute video excerpt from Jeffrey Kennedy's Trader's Classroom service. If you are prepared to take the next step in educating yourself about the basics of the Wave Principle -- access the FREE Online Tutorial from Elliott Wave International.

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  11. Matawa chiefs oppose Ring of Fire project saleRead the original story w/Photo

    Wednesday | Northern Ontario Business

    This week's acquisition by Noront Resources of the chromite properties from Cliffs Natural Resources has raised a furor among the First Nation communities closet to the Ring of Fire. This week's acquisition by Noront Resources of the chromite properties from Cliffs Natural Resources has raised a furor among the First Nation communities closet to the Ring of Fire.

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  12. Could Cliffs Natural's Latest Move Save the Stock?Read the original story w/Photo

    Wednesday | Investopedia

    Commodities stocks have been punished in recent years, and one of the hardest-hit companies has been iron-ore specialist Cliffs Natural Resources . With demand for steel production pressured by sluggish global economic conditions, the price of iron ore and metallurgical coal used to make steel have come crashing downward, threatening Cliffs Natural's profitability at a particularly unfortunate time.

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  13. Matawa First Nation chiefs voice objection to Noront's Ring of Fire purchaseRead the original story w/Photo

    Wednesday | Thunder Bay's Source

    Chief-elect Wayne Moonias says it feels like Noront and the Ontario government have put a collective gun to the heads of Northern Ontario First Nations. Moonias, who will take the reins of Neskantag First Nation on April 1, was reacting to news earlier this week that Noront Resources Inc. was maneuvering to purchase 103 Ring of Fire claims from subsidiaries of Cliffs Natural Resources, meanwhile setting a March 31 deadline to reveal the terms of reference for its environmental assessment process for claims the company had already staked. 1 comment

  14. Noront, KWG in Ring of Fire talksRead the original story w/Photo

    Tuesday Mar 24 | Northern Ontario Business

    Junior miners KWG Resources and Noront Resources announced they have been in talks to develop their properties in the Ring of Fire in partnership with First Nations in the remote region, after the latter announced Monday it had purchased 103 Ring of Fire claims from Cliffs Natural Resources for $20 million. Junior miners KWG Resources and Noront Resources announced they have been in talks to develop their properties in the Ring of Fire in partnership with First Nations in the remote region, after the latter announced Monday it had purchased 103 Ring of Fire claims from Cliffs Natural Resources for $20 million.

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  15. Cliffs Natural Resources Inc. to Sell its Chromite Assets in CanadaRead the original story

    Tuesday Mar 24 | Resource Investing News

    Cliffs Natural Resources Inc. announced its agreement to sell its Chromite assets in Northern Ontario, Canada to Noront Resources Ltd. for $20 million. The sale of these assets to Noront, an experienced mining company with a strategic interest in the Ring of Fire region, further demonstrates execution of Cliffs' strategy which includes divesting non-core assets and focusing on being the major supplier of iron ore pellets to the North American steel industry.

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  16. Cliffs Natural Resources: My Thoughts On Recent DevelopmentsRead the original story w/Photo

    Tuesday Mar 24 | Seeking Alpha

    Shares of Cliffs Natural Resources have recently been under pressure as iron ore prices fell to six-year lows. Continuing growth of supply from major miners, weakening growth in China and strong U.S. dollar put serious pressure on iron ore prices.

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  17. Cliffs Natural Resources Golden Shield And Gonclaves Will PrevailRead the original story w/Photo

    Tuesday Mar 24 | Seeking Alpha

    Years of buildup in supply by major producers like BHP Billiton , Rio Tinto , and Brazil's Vale to match Chinese demand has caused a supply glut. Chinese demand cooling has exacerbated the problem.

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  18. Noront Resources: Locking Down the Ring of FireRead the original story w/Photo

    Monday Mar 23 | Resource Investing News

    It's been a rough ride for investors who've been hoping to see mining activity kickstarted in Ontario's Ring of Fire these past few years. Though the area was once lauded as having the potential to "rival Alberta's oil sands," it's since fallen upon hard times.

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  19. Noront, Cliffs sign US$20m mine dealRead the original story w/Photo

    Monday Mar 23 | The Chronicle Herald

    Noront Resources shares surged more than 35 per cent Monday after the company signed a US$20-million deal to buy chromite mining claims in the remote Ring of Fire area owned indirectly by Cleveland-based iron ore producer Cliffs Natural Resources Inc. The Ontario-based junior miner said it will buy the shares of two Cliffs subsidiaries that own 103 claims, adding to the TSX Venture-listed company's own holdings in the Ring of Fire area, about 500 kilometres northeast of Thunder Bay, Ont. Its shares closed up 13 cents at 48.5 cents on the TSX Venture Exchange.

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  20. Cliffs Natural Resources Inc (CLF) Stock Up 11% on Asset SaleRead the original story

    Monday Mar 23 | The Motley Fool

    Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. ) stock jumped more than 11% in afternoon trading on Monday.

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