Fortescue Metal (FSUGY) 4.7700 $FSUGY
VALE at Risk from Headwinds, Retains Few Scopes for Growth
Zacks Equity Research - Zacks Investment Research - Tue Dec 29, 2:00PM CST
We have issued an updated research report on the premium industrial metals & minerals company Vale S.A. (VALE) on Dec 28, 2015.
HMY: 3.48 (+0.06), VALE: 4.46 (+0.04), CDE: 9.30 (+0.29)
Cliffs Closes Sale of Remaining North American Coal Business
Zacks Equity Research - Zacks Investment Research - Wed Dec 23, 12:10PM CST
Cliffs Natural Resources Inc. (CLF) has concluded the sale of its remaining coal business, Pinnacle Mine in West Virginia and Oak Grove Mine in Alabama, to Seneca Coal Resources, LLC.
CLF: 4.91 (+0.11), CDE: 9.30 (+0.29), REE: 0.15 (+0.01)
MRC Global Braves Headwind Perils on Positive Aspects
Zacks Equity Research - Zacks Investment Research - Tue Dec 22, 1:55PM CST
On Dec 21, we issued an updated research report on premium basic materials company MRC Global Inc. (MRC).
MRC: 14.04 (+0.44), CHMT: 27.69 (-0.21), CDE: 9.30 (+0.29)
Fortescue Announces Results Of Offer To Purchase For Cash Certain Unsecured Debt Securities And Determination Of Total Consideration
PR Newswire - Wed Nov 25, 8:37AM CST
FMG Resources (August 2006) Pty Ltd (the "Company"
, a direct wholly-owned subsidiary of Fortescue Metals Group Ltd ("FMG" (ASX: FMG) (OTC: FSUGY), announced today that as of 5:00 p.m., New York time, on November 24, 2015 (the "Early Participation Date", pursuant to its cash tender offer (the "Tender Offer", the Company has received tenders of approximately US$1,278.6 million aggregate principal amount of the notes listed in the table below (collectively, the "Notes" and accepted US$750.0 million aggregate principal amount of the Notes for aggregate total consideration (excluding accrued interest payable) of approximately US$618.0 million. The Company has accepted for purchase the principal amounts of tendered Notes of each series set forth in the table below and will pay the applicable total consideration for such tendered Notes set forth in the table below, which total consideration was determined in accordance with the terms of the Tender Offer based on the principal amounts of Notes tendered and the bid premiums at which such tenders were made.
Cliffs Natural Completes Transaction with First Point
Zacks Equity Research - Zacks Investment Research - Mon Nov 23, 12:25PM CST
Cliffs Natural Resources Inc.'s (CLF) affiliates have completed the divestment of 60% ownership of the Decar nickel project,located in central British Columbia, to First Point Minerals Corp. for a price of $4.75 million.
CLF: 4.91 (+0.11)
Cliffs to Temporarily Idle Iron Ore Pellet Production
Zacks Equity Research - Zacks Investment Research - Wed Nov 18, 11:00AM CST
Cliffs Natural Resources Inc. (CLF) said that it will temporarily idle iron ore pellet production at its Northshore Mining operation in Minnesota by Dec 1, 2015.
NG: 6.27 (-0.02), CLF: 4.91 (+0.11)
Cliffs Natural Q3 Loss Lower Than Expected, Sales Miss
Zacks Equity Research - Zacks Investment Research - Thu Oct 29, 10:24AM CDT
Cliffs Natural Resources Inc.'s (CLF) net loss (attributable to common shareholders) for third-quarter 2015 was at 10 cents per share, narrower than net loss of $38.49 per share recorded in the year-ago quarter.
CLF: 4.91 (+0.11), PPP: 1.99 (+0.03)
Buy into Mining Without Jumping on a Grenade
John Blank - Zacks Investment Research - Tue Oct 27, 12:22PM CDT
Is it time to buy a miner? Look closely
BHP: 27.71 (+0.84), VALE: 4.46 (+0.04), RIO: 29.19 (+0.74)
VALE Retains Few Scopes for Growth Amid Market Headwinds
Zacks Equity Research - Zacks Investment Research - Mon Oct 26, 3:21PM CDT
We issued an updated research report on the premium industrial metals & minerals company Vale S.A. (VALE) on Oct 23, 2015.
VALE: 4.46 (+0.04), AKG: 4.18 (-0.03)
Vale Posts Wider-than-Expected Loss in Q3, Lags Revenues
Zacks Equity Research - Zacks Investment Research - Fri Oct 23, 11:45AM CDT
Mining giant Vale S.A. (VALE) reported weak results for third-quarter 2015.
VALE: 4.46 (+0.04), AKS: 4.89 (-0.03)
Zacks Industry Rank Analysis Highlights: Rio Tinto Group, BHP Billiton, Vale and Fortescue Metals Group
Zacks Equity Research - Zacks Investment Research - Fri Oct 16, 8:30AM CDT
Zacks Industry Rank Analysis Highlights: Rio Tinto Group, BHP Billiton, Vale and Fortescue Metals Group
VALE: 4.46 (+0.04), BHP: 27.71 (+0.84), RIO: 29.19 (+0.74)
Cliffs Natural Ends Pellet Agreement with Essar Algoma
Zacks Equity Research - Zacks Investment Research - Thu Oct 08, 11:30AM CDT
Cliffs Natural (CLF) has ended its pellet sale and purchase agreement with Essar Algoma.
VALE: 4.46 (+0.04), CLF: 4.91 (+0.11), PPP: 1.99 (+0.03)
Should You Get Rid of Cliffs Natural Resources (CLF) Now?
Zacks Equity Research - Zacks Investment Research - Thu Sep 24, 7:57AM CDT
Cliffs Natural Resources has witnessed a significant price decline in the past four weeks and it has seen negative earnings estimate revisions for the current quarter and the current year
CLF: 4.91 (+0.11)
AngloGold Ashanti Partners with Randgold to Revamp Mine
Zacks Equity Research - Zacks Investment Research - Tue Sep 22, 5:02PM CDT
AngloGold Ashanti (AU) has entered into an investment agreement with Randgold Resources Limited for the renovation of the Obuasi gold mine.
GOLD: 94.87 (+0.31), AU: 16.03 (+0.21), MT: 5.08 (+0.06)
Steel Dynamics Forecasts Lower-than-Anticipated Q3 Earnings
Zacks Equity Research - Zacks Investment Research - Mon Sep 21, 2:30PM CDT
Steel Dynamics (STLD) provided its earnings outlook for the third quarter of 2015
STLD: 25.50 (-0.44)
AK Steel (AKS) Forecasts Lower-than-Expected Loss in Q3
Zacks Equity Research - Zacks Investment Research - Fri Sep 18, 11:00AM CDT
AK Steel (AKS) has provided its outlook for the third quarter of 2015.
AKS: 4.89 (-0.03)
VALE at Risk from Headwinds, Retains Few Scopes for Growth
Zacks Equity Research - Zacks Investment Research - Tue Dec 29, 2:00PM CST
We have issued an updated research report on the premium industrial metals & minerals company Vale S.A. (VALE) on Dec 28, 2015.
HMY: 3.48 (+0.06), VALE: 4.46 (+0.04), CDE: 9.30 (+0.29)
Cliffs Closes Sale of Remaining North American Coal Business
Zacks Equity Research - Zacks Investment Research - Wed Dec 23, 12:10PM CST
Cliffs Natural Resources Inc. (CLF) has concluded the sale of its remaining coal business, Pinnacle Mine in West Virginia and Oak Grove Mine in Alabama, to Seneca Coal Resources, LLC.
CLF: 4.91 (+0.11), CDE: 9.30 (+0.29), REE: 0.15 (+0.01)
MRC Global Braves Headwind Perils on Positive Aspects
Zacks Equity Research - Zacks Investment Research - Tue Dec 22, 1:55PM CST
On Dec 21, we issued an updated research report on premium basic materials company MRC Global Inc. (MRC).
MRC: 14.04 (+0.44), CHMT: 27.69 (-0.21), CDE: 9.30 (+0.29)
Fortescue Announces Results Of Offer To Purchase For Cash Certain Unsecured Debt Securities And Determination Of Total Consideration
PR Newswire - Wed Nov 25, 8:37AM CST
FMG Resources (August 2006) Pty Ltd (the "Company"
, a direct wholly-owned subsidiary of Fortescue Metals Group Ltd ("FMG" (ASX: FMG) (OTC: FSUGY), announced today that as of 5:00 p.m., New York time, on November 24, 2015 (the "Early Participation Date", pursuant to its cash tender offer (the "Tender Offer", the Company has received tenders of approximately US$1,278.6 million aggregate principal amount of the notes listed in the table below (collectively, the "Notes" and accepted US$750.0 million aggregate principal amount of the Notes for aggregate total consideration (excluding accrued interest payable) of approximately US$618.0 million. The Company has accepted for purchase the principal amounts of tendered Notes of each series set forth in the table below and will pay the applicable total consideration for such tendered Notes set forth in the table below, which total consideration was determined in accordance with the terms of the Tender Offer based on the principal amounts of Notes tendered and the bid premiums at which such tenders were made. Cliffs Natural Completes Transaction with First Point
Zacks Equity Research - Zacks Investment Research - Mon Nov 23, 12:25PM CST
Cliffs Natural Resources Inc.'s (CLF) affiliates have completed the divestment of 60% ownership of the Decar nickel project,located in central British Columbia, to First Point Minerals Corp. for a price of $4.75 million.
CLF: 4.91 (+0.11)
Cliffs to Temporarily Idle Iron Ore Pellet Production
Zacks Equity Research - Zacks Investment Research - Wed Nov 18, 11:00AM CST
Cliffs Natural Resources Inc. (CLF) said that it will temporarily idle iron ore pellet production at its Northshore Mining operation in Minnesota by Dec 1, 2015.
NG: 6.27 (-0.02), CLF: 4.91 (+0.11)
Cliffs Natural Q3 Loss Lower Than Expected, Sales Miss
Zacks Equity Research - Zacks Investment Research - Thu Oct 29, 10:24AM CDT
Cliffs Natural Resources Inc.'s (CLF) net loss (attributable to common shareholders) for third-quarter 2015 was at 10 cents per share, narrower than net loss of $38.49 per share recorded in the year-ago quarter.
CLF: 4.91 (+0.11), PPP: 1.99 (+0.03)
Buy into Mining Without Jumping on a Grenade
John Blank - Zacks Investment Research - Tue Oct 27, 12:22PM CDT
Is it time to buy a miner? Look closely
BHP: 27.71 (+0.84), VALE: 4.46 (+0.04), RIO: 29.19 (+0.74)
VALE Retains Few Scopes for Growth Amid Market Headwinds
Zacks Equity Research - Zacks Investment Research - Mon Oct 26, 3:21PM CDT
We issued an updated research report on the premium industrial metals & minerals company Vale S.A. (VALE) on Oct 23, 2015.
VALE: 4.46 (+0.04), AKG: 4.18 (-0.03)
Vale Posts Wider-than-Expected Loss in Q3, Lags Revenues
Zacks Equity Research - Zacks Investment Research - Fri Oct 23, 11:45AM CDT
Mining giant Vale S.A. (VALE) reported weak results for third-quarter 2015.
VALE: 4.46 (+0.04), AKS: 4.89 (-0.03)
Zacks Industry Rank Analysis Highlights: Rio Tinto Group, BHP Billiton, Vale and Fortescue Metals Group
Zacks Equity Research - Zacks Investment Research - Fri Oct 16, 8:30AM CDT
Zacks Industry Rank Analysis Highlights: Rio Tinto Group, BHP Billiton, Vale and Fortescue Metals Group
VALE: 4.46 (+0.04), BHP: 27.71 (+0.84), RIO: 29.19 (+0.74)
Cliffs Natural Ends Pellet Agreement with Essar Algoma
Zacks Equity Research - Zacks Investment Research - Thu Oct 08, 11:30AM CDT
Cliffs Natural (CLF) has ended its pellet sale and purchase agreement with Essar Algoma.
VALE: 4.46 (+0.04), CLF: 4.91 (+0.11), PPP: 1.99 (+0.03)
Should You Get Rid of Cliffs Natural Resources (CLF) Now?
Zacks Equity Research - Zacks Investment Research - Thu Sep 24, 7:57AM CDT
Cliffs Natural Resources has witnessed a significant price decline in the past four weeks and it has seen negative earnings estimate revisions for the current quarter and the current year
CLF: 4.91 (+0.11)
AngloGold Ashanti Partners with Randgold to Revamp Mine
Zacks Equity Research - Zacks Investment Research - Tue Sep 22, 5:02PM CDT
AngloGold Ashanti (AU) has entered into an investment agreement with Randgold Resources Limited for the renovation of the Obuasi gold mine.
GOLD: 94.87 (+0.31), AU: 16.03 (+0.21), MT: 5.08 (+0.06)
Steel Dynamics Forecasts Lower-than-Anticipated Q3 Earnings
Zacks Equity Research - Zacks Investment Research - Mon Sep 21, 2:30PM CDT
Steel Dynamics (STLD) provided its earnings outlook for the third quarter of 2015
STLD: 25.50 (-0.44)
AK Steel (AKS) Forecasts Lower-than-Expected Loss in Q3
Zacks Equity Research - Zacks Investment Research - Fri Sep 18, 11:00AM CDT
AK Steel (AKS) has provided its outlook for the third quarter of 2015.
AKS: 4.89 (-0.03)
