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Last updated on April 20, 2014 at 8:28 EDT

Latest Iron mining Stories

2013-07-02 16:21:40

CLEVELAND, July 2, 2013 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that it has restarted its Wabush Scully mine that was temporarily idled due to the forest fires in the region since June 28. (Logo: http://photos.prnewswire.com/prnh/20101104/CLIFFSLOGO) The town of Wabush rescinded their emergency evacuation order and reduced the threat level back to an evacuation alert. Cliffs called back workers on Monday, July 1, and the Scully mine...

2013-07-01 08:22:23

CLEVELAND, July 1, 2013 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today said it intends to announce unaudited 2013 second-quarter financial results after the U.S.-market close Thursday, July 25, 2013. (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 to discuss the results. When:...

2013-06-28 20:20:34

CLEVELAND, June 28, 2013 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that it has evacuated employees from its Wabush Scully mine and temporarily idled the operation due to the forest fires in the region. The mine and processing plant are located in the town of Wabush in Labrador. (Logo: http://photos.prnewswire.com/prnh/20101104/CLIFFSLOGO ) The Company stated that due to the rapidly changing wildfire, the safety of its workers and their...

2013-06-26 20:21:00

CLEVELAND, June 26, 2013 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that Dana Byrne, vice president - government and public affairs, will retire from the Company effective July 1, 2013. The Company said Mr. Byrne will assume a one-year consultancy role with Cliffs after his retirement. (Logo: http://photos.prnewswire.com/prnh/20101104/CLIFFSLOGO ) "Dana served Cliffs for 34 years and has provided exceptional leadership to the Company...

2013-06-13 16:22:30

CLEVELAND, June 13, 2013 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that it has entered into an agreement with Essar Steel Algoma Inc. to extend the iron ore Pellet Sale and Purchase Agreement between the two companies to 2024. The previous agreement was expected to expire in 2016. The Agreement includes Essar's minimum volume iron ore pellet purchases from Cliffs beyond 2016 and pricing for 2013 through 2024. (Logo:...

2013-05-21 16:22:15

GRAND RAPIDS, Minn., May 21, 2013 /PRNewswire/ -- Magnetation LLC (Magnetation) announced today that it has successfully completed a $325 million senior secured notes offering and has entered into a $50 million senior secured credit facility. The proceeds from the notes offering will be used for capital expenditures to construct a new concentrate reclamation plant northwest of Coleraine, Minnesota and a new manufacturing plant in Reynolds, Indiana to produce high-quality iron ore pellets, a...

2013-03-11 20:21:40

CLEVELAND, March 11, 2013 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that it expects to idle its Wabush Pointe Noire pellet plant within the city of Sept-Iles in Quebec by the end of the second quarter of 2013. The Company indicated that its decision to idle its iron ore pellet operation is due to high production costs and lower pellet premium pricing which is expected to persist in certain markets during the year. (Logo:...

2013-02-26 16:28:20

GRAND RAPIDS, Minn., Feb. 26, 2013 /PRNewswire/ -- Magnetation LLC (Magnetation) announced today that it has successfully closed $110,000,000 of Senior Secured Credit Facilities (Credit Facilities). The Credit Facilities are comprised of a $25,000,000 Senior Secured Revolving Credit Facility, $50,000,000 Senior Secured Term Loan A and $35,000,000 Senior Secured Delayed Draw Term Loan. The proceeds from the Credit Facilities will be used for growth-related capital expenditures for Phase 2 of...

2013-02-20 08:24:03

DEERFIELD BEACH, Fla., Feb. 20, 2013 /PRNewswire/ -- CD International Enterprises, Inc. ("CD International") (OTCQB: CDII), a U.S. based company that produces, sources, and distributes industrial commodities in China and the Americas and provides business and financial corporate consulting services, today announced that its CDII Minerals subsidiary has begun delivery of 10,000 metric tons of iron ore produced in Ecuador to a major Chinese trading company. The company expects to complete...

2013-02-11 12:21:37

HIBBING, MN, Feb. 11, 2013 /PRNewswire/ - Essar Steel Minnesota LLC ("ESML" or the "Company") is pleased to announce that it has entered into a long term iron ore pellet off-take agreement with ArcelorMittal USA ("AMUSA"). The term of the agreement is ten years and the supply of pellets is expected to commence during the second half of ESML's fiscal year ending March 31, 2014. As per the agreement, ESML will supply 3.5 million metric tonnes of standard and fluxed iron ore pellets...