Vale expects rise in total iron ore output to 320m tonnes
The Brazilian group, which produced 311m tonnes last year has previously said it is planning to raise its annual output to 522m […]
The Brazilian group, which produced 311m tonnes last year has previously said it is planning to raise its annual output to 522m […]
The former Vale executive, who has previously led the group’s Canadian nickel operations, will take up the post on May 22 and […]
The ability of mining giant Vale (VALE.N: Quote) to execute on its capital spending plans will be paramount for its stock to rise, according to a Morgan Stanley report on Monday. Analysts Carlos de Alba and Bruno Montanari said that Peru's Bayovar, Vale's first greenfield project outside Brazil, "offers a good example that the company can deliver."
Brazilian mining company Vale has pushed out Chief Executive Roger Agnelli under heavy government pressure and is in discussions to replace him with an executive from within, local media reported on Sunday. President Dilma Rousseff has used the government's influence as a key Vale (VALE5.SA: Quote) shareholder to insist the company remove Agnelli following years of accusations it was not doing enough to bolster Brazil's economic development.
Two mining companies announced Thursday that their respective dealings with Japanese smelters and steel manufacturers have not been impacted by the devastating Japanese earthquake and tsunami at this time.
Brazilian mining giant Vale (VALE5.SA: Quote) said on Thursday the government is overcharging it for mineral royalties and will seek a legal review of some the requested payments amid a dispute over debts to the government that could reach $2.4 billion. Vale, the world's largest iron ore miner, insisted it had made payments according to the law and said it disagreed with the government over criteria for calculating what it owed.
Michael Moore, political activist and academy-award winner, took sides in the labour fight between Vale and the workers in Thompson, Manitoba. On […]
Vale was the most profitable mining company in 2010, says an earnings report released this week by the Brazilian diversified mining giant. […]
The Brazilian mining giant said iron ore production from the Zogota mine will have a capacity of 15m tonnes in 2012 before […]
The Brazilian miner said on Friday it will lose 5% of its total nickel production for 2011 as a result of a 16-week shut down of a smelter furnace in Canada Brazilian miner Vale said on Friday it will lose around 5 percent of its total 2011 nickel