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Last updated on April 24, 2014 at 5:50 EDT

Latest Taconite Stories

2014-01-23 16:21:36

GRAND RAPIDS, Minn., Jan. 23, 2014 /PRNewswire/ -- Magnetation LLC ("Magnetation") announced that it will hold a conference call on Thursday, February 20, 2014, at 10:00 a.m. Central Time to discuss fourth quarter and full year 2013 financial results. The financial results will be available on https://magnetation.com/financial_reporting/ no later than February 28, 2014. To access the financial results and login information for the conference call, a party must pre-register and...

2013-10-04 12:20:50

GRAND RAPIDS, Minn., Oct. 4, 2013 /PRNewswire/ -- Magnetation LLC ("Magnetation") announced that it will hold a conference call on Wednesday, November 13, 2013, at 10:00 a.m. Central Time to discuss financial results for the three and nine months ended September 30, 2013. The third quarter and year-to-date financial results will be available on https://magnetation.com/financial_reporting/ no later than November 8, 2013. To access the financial results and login information for the...

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...

2012-11-27 08:22:26

GRAND RAPIDS, Minn., Nov. 27, 2012 /PRNewswire/ -- Magnetation LLC (Magnetation) announced today that it has selected Reynolds, Indiana as the site to build its new iron ore pellet plant. The new facility will produce high-quality iron ore pellets, a critical raw material in the steelmaking process. Magnetation currently anticipates breaking ground during the first quarter of 2013. The plant is expected to become operational in late 2014 or early 2015 and employ approximately 100-120...

2012-11-09 20:21:29

CLEVELAND, Nov. 9, 2012 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that the United Steelworkers (USW) ratified the tentative settlement agreement signed by both parties this past October. All USW local memberships representing workers from Michigan and Minnesota operations ratified the new 37-month labor contract effective Sept. 1, 2012. The new contract will cover approximately 2,400 USW-represented workers at Cliffs' Empire and Tilden mines in...

2012-10-10 19:20:50

CLEVELAND, Oct. 10, 2012 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today a tentative agreement with the United Steelworkers (USW), on a new three-year labor contract offer that will cover approximately 2,400 USW-represented workers at Cliffs' Empire and Tilden mines in Michigan, and its United Taconite and Hibbing Taconite mines in Minnesota. (Logo: http://photos.prnewswire.com/prnh/20101104/CLIFFSLOGO ) David Blake, Senior Vice President, North...

2012-08-31 10:20:51

CLEVELAND, Aug. 31, 2012 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today a short-term extension of its labor contract with the United Steelworkers (USW) since both parties have not reached a new agreement. The parties have agreed that the Union will not strike and the Company will not lock out until 48 hours after providing written notice to the other party of their intent to be released from this no strike/no lockout commitment. (Logo:...

2012-06-28 10:21:17

TSX.V: AWS VANCOUVER, June 28, 2012 /PRNewswire/ - Arrowstar Resources Ltd. ("Arrowstar" or the "Company") (TSXV: AWS), is preparing its exploration program on the Company's Rannie Lake project in Labrador, Canada.  Desk top research of the available data has been concluded. The property covers some 4,300 hectares and it is noted that outcrop is sparse and undergrowth is prolific.  A detailed ground based geophysics and sampling study is being considered in July 2012...

2009-07-27 18:25:11

Workers in Minnesota's taconite industry are being asked to take part in a study to determine why so many of them are getting a rare cancer, researchers say. University of Minnesota scientists said letters began going out Monday to current and former employees of mining companies that extract the iron-bearing rock from the earth of northern Minnesota, the Minneapolis Star Tribune reported. The mystery is why higher-than-expected numbers of the workers have developed -- and succumbed to --...

2008-11-06 18:00:14

Cliffs Natural Resources Inc. (NYSE: CLF) today reported that in anticipation of potentially necessary production curtailments, its North America business unit has initiated compliance with the U.S. Department of Labor's Worker Adjustment and Retraining Notification (WARN) Act, by notifying local officials and the United Steelworkers in four operating locations of the potential for production curtailments and employee reductions. WARN Act notification is required 60 days in advance under...