Cleveland Cliffs Newswire

Comprehensive Real-Time News Feed for Cleveland Cliffs.

Results 1 - 20 of 463 in Cleveland Cliffs

  1. Cliffs extends Bloom Lake restructuring to Wabush groupRead the original story

    Thursday | Business North

    Cliffs Natural Resources has extended its Eastern Canada restructuring action, which protected its Bloom Lake Group properties, to also include Wabush Iron Co. and Wabush Reources Inc. In a Companies' Creditors Arrangement Act filing in Canada, the corporation Cliffs said 'including the Wabush Group in the CCAA proceedings of the Bloom Lake Group would facilitate a more comprehensive restructuring and sale process of both the Bloom Lake Group and the Wabush Group which collectively include mine, port and rail assets and lead to a more effective and streamlined exit from Eastern Canada.'


  2. Lack of transportation bill leaves Highway 53 project in the airRead the original story w/Photo

    Thursday May 21 |

    With the inability of the Minnesota legislature to pass a transportation bill comes a hostage: the nearly $150 million needed to move Highway 53 in Virginia. "If the Highway 53 reroute is not approved.


  3. 3 Key Numbers for Cliffs Natural ResourcesRead the original story w/Photo

    Thursday May 21 | Investopedia

    As hard as stocks across the commodities industry have gotten hit, it's hard to find companies that have seen bigger declines than Cliffs Natural Resources . The iron-ore producer has lost 95% of its value in four short years, as demand for steel has sent prices of the key ingredients for its manufacture plunging.


  4. Vale's Turnaround Looks Like a Pipe DreamRead the original story

    Wednesday May 20 |

    Iron ore prices have been depressed for quite some time now. As a result, iron miners like Vale , Cliffs Natural Resources struggled for the majority of 2014 and 2015.


  5. Cliffs Natural Resources: Better Times Lie Ahead for This MinerRead the original story

    Monday May 18 |

    Cliffs Natural Resources recently released mixed results for the first quarter of fiscal 2015. The revenue of the company declined due to a soft commodity market, but the net income rose impressively as a result of extinguishment of debt and other income tax valuation allowances.


  6. Junior iron ore miners back parliamentary inquiryRead the original story w/Photo

    Monday May 18 | ABC News

    A group of iron ore miners has backed calls for a parliamentary inquiry into the industry, amid the commodity's plunging prices. Fortescue Metals Group chairman Andrew Forrest has pushed for the inquiry, claiming BHP Billiton and Rio Tinto are flooding the global iron ore market in a bid to lower prices and push out high cost producers.


  7. Abbott vows not to interfere with iron market as cabinet rumbles over inquiryRead the original story w/Photo

    Sunday May 17 | Sydney Morning Herald

    Prime Minister Tony Abbott's plans for a parliamentary inquiry have split the mining community as well as his own party. Prime Minister Tony Abbott has vowed not to interfere with the iron ore market despite pushing ahead with plans to hold a controversial parliamentary inquiry into the sector.


  8. Twiggy Forrest makes surprise investment in Atlas IronRead the original story w/Photo

    Saturday May 16 | Sydney Morning Herald

    Mining billionaire Andrew Forrest has emerged as a new investor in rival Atlas Iron, despite continuing to serve as the chairman and major shareholder in Fortescue Metals Group. "I am just so pleased to be able to announce that Andrew Forrest was the first person to put his hand up and say he was going to invest personally in that raising," he said.


  9. BlackRock(R) Announces May Cash Distributions for the iShares(R) ETFsRead the original story w/Photo

    Tuesday May 12 | Market Wire

    BlackRock Asset Management Canada Limited , an indirect, wholly-owned subsidiary of BlackRock, Inc. , today announced the May 2015 cash distributions for the iShares ETFs listed on the Toronto Stock Exchange which pay on a monthly basis. Unitholders of record of a fund on May 26, 2015 will receive cash distributions payable in respect of that fund on May 29, 2015 .


  10. Jim Cramer cautious on cliffs natural resources and Vale.Read the original story w/Photo

    Monday May 11 | USA Today

    Jim Cramer cautious on cliffs natural resources and Vale. Jim Cramer says even with China improving, investors should avoid stock of Cliffs Natural Resources (CLF) and Vale (Vale). Check out this story on


  11. Jim Cramer Cautious on Cliffs Natural Resources, Vale Even With Improving ChinaRead the original story w/Photo

    Monday May 11 |

    Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 8+ You may proceed to the site by clicking here , however some pages might not work correctly.


  12. Weekly Research Analysts' Ratings Updates for Cliffs Natural ResourcesRead the original story

    Monday May 11 |

    They now have a $2.00 price target on the stock. 4/30/2015 - Cliffs Natural Resources had its price target raised by analysts at Citigroup Inc. from $2.00 to $2.50.


  13. MFC Industrial Ltd. Offers A 6% Yield And Probable Capital AppreciationRead the original story w/Photo

    Friday May 8 | Seeking Alpha

    MFC Industrial Ltd is a global supply chain company that delivers commodities and materials with a special expertise in financing and offering risk management to this business. The company has experience with ores, metals, energy and lumber and can source and deliver these commodities in a timely and efficient manner.


  14. Cliffs Natural Resources: Why Investors Should Not Get Carried Away By The Recent RallyRead the original story w/Photo

    Thursday May 7 | Seeking Alpha

    Cliffs Natural Resources has appreciated an impressive 40% in the past month due to a strong earnings report, production cuts by miners, and an expected improvement in iron ore prices. Cliffs, however, is still a risky investment as iron ore prices are expected to fall to $30 per ton due to shrinking steel demand in China.


  15. U.S. Steel reducing number of layoffs with idling of Minntac plantRead the original story w/Photo

    Thursday May 7 | Star Tribune

    Thanks to an agreement with the union, only 400 instead of 700 workers will be laid off when U.S. Steel cuts back work at its Minntac taconite plant in Mountain Iron. To reduce the layoffs when the plant partially idles on June 1, Minntac will adopt a 32-hour work week.


  16. 3 directors elected to board at TimkenSteel's first annual meetingRead the original story

    Wednesday May 6 |

    Shareholders at Canton specialty steel maker TimkenSteel elected three board members to three-year terms at the company's first annual meeting since its spinoff from Timken Co. last year.


  17. Cliffs Natural Resources: Here Comes Another Positive CatalystRead the original story w/Photo

    Wednesday May 6 | Seeking Alpha

    When I wrote a bullish piece on Cliffs Natural Resources this January, I stated that a possible sale of Bloom Lake mine assets could be a major upside catalyst for the company. Thus, I was not surprised when Cliffs' shares gained more than 10% after Quebec stated that it was ready to buy a rail line and port facilities from the company.


  18. Cliffs to cut 95 across five minesRead the original story

    Tuesday May 5 | Business North

    Cliffs Natural Resources will cut 95 salaried positions spread across its five mine properties in Minnesota and Upper Michigan, the company said Tuesday. 'We've been adjusting our staff levels to match our current operating footprint,' said Patricia Persico, director, global communications for the mining and minerals processing firm.


  19. Cliffs Natural Resources (CLF) Stock Spikes on Potential Quebec InvestmentRead the original story w/Photo

    Tuesday May 5 |

    The Quebec government taking over the transportation infrastructure at the Bloomfield Lake mining site is expected to lower the mine's operating costs by as much as $20 per ton, according to Bloomberg . Economy Minister Jacques Daoust said that the government is also considering purchasing a 20% stake in the mine itself.


  20. Cliffs Natural Resources (CLF) Stock Rises on Encouraging Iron Ore OutlookRead the original story w/Photo

    Monday May 4 |

    An increase in capacity "enables us to close higher-cost and lower-quality production if necessary," said Vale Head of Ferrous Peter Poppinga on a conference call, according to Reuters . "The capacity will be there, 450 million tonnes, and we are going to use it according to market conditions."