Vale vs IMF: Who are you going to believe?
Using the dismal science to make forecasts and taking risks with real money are two very different things. And the Brazilian giant is definitely putting its money where its mouth is.
Vale seeks nickel near Repulse Bay
Vale — the second largest nickel producer in the world — plans to begin looking for nickel this year on the Melville Peninsula near Repulse Bay, Nunavut.
Valemax No. 8 has not even loaded its first ore and it’s already worth 36% less than it cost
According to website VesselsValue.com the latest Valemax is worth 36% less than the $107 million the Brazilian iron ore titan paid for it last year because of a "slump in values of dry-bulk ships that were ordered before returns plunged."
Protest against iron ore operation of Vale in Malaysia
About 100 members of Jaringan Aktivis Alam Sekitar Perak JAASP, an environmental non governmental organization, staged a demonstration against the operation of an iron ore processing company, Vale SA, in Teluk Rubiah, Seri Manjung near here.
Rio Tinto follows Vale and joins Chinese iron ore trading platform
The move will allow the London-listed miner to sell non-contracted iron ore directly into China through the electronic trading platform.
La Mancha’s measured and indicated resources more than double to 4.8 million ounces of gold equivalent
Dominique Delorme, President and CEO of La Mancha, noted: "Having quadrupled our resource base to nearly 5 million ounces of gold equivalent since 2007, it is exciting to see that this appears to only be the beginning, as we are just starting to scratch the potential at our Hassaï property, where nine more VMS targets remain to be explored."
Aquila and Vale take a break on coal sales dispute
A legal clash between Brazilian mining giant Vale (NYX:VALE) and Australia's Aquila Resources (ASX: AQA) has taken a step towards resolution this morning after the companies announced they’ve reached an agreement on coal shipments from their co-owned Isaac Plains mine in Queensland.
Vale shuts railroad from world’s biggest iron ore mine
Vale SA (VALE3), Brazil’s biggest exporter, has shut a railroad that transports production from the world’s largest iron ore mine after a construction accident.
Brazil’s Vale halts transport on Carajas iron ore railroad due to accident – report
Brazilian mining company Vale SA (VALE, VALE5.BR) halted iron ore and passenger transport for an undetermined period on a stretch of its Carajas railroad in north Brazil after an accident occurred during bridge construction work, Brazil's Radio CBN...
Vale, Newmont Retain Appetite for Indonesia Mines Amid Stake Cut
Global companies led by Vale SA (VALE5) and Newmont Mining Corp. (NEM) plan to invest in Indonesia’s mines, undeterred by a new rule cutting foreign ownership, as they hunt for resources in the world’s biggest exporter of tin and thermal coal.
