The Global Resource For Connecting Buyers and Sellers

Cliffs Natural Resources reports smaller net loss year-on-year

NYSE-listed iron-ore miner Cliffs Natural Resources has reported a net loss of $748-million for the full-year ended December 31, 2015 – a smaller loss compared with the $8.3-billion net loss recorded in the prior year. The 2015 full-year net loss was attributable to Cliffs’ common shareholders of $788-million, or $5.13 per diluted share, compared with a net loss attributable to Cliff’s common shareholders of $7.3-billion, or $40.35 per diluted share recorded in 2014.