Vale CEO says miner will spin off copper, nickel unit
Rather than selling all or part of it, the company is now looking to separate and ring-fence the copper and nickel unit from the iron ore business.
Vale beats output estimate in new blow to iron ore prices
The Brazilian mining giant produced 89.7 million metric tonnes, topping the 87.2 million-tonne average analyst estimate.
Vale opens first phase of $684 million copper complex expansion in Canada
Project's initial expansion is expected to add 10,000 tonnes of low-carbon nickel and 13,000 tonnes of copper production per year.
Marathon Gold begins early works at Valentine project in Newfoundland
Valentine is considered the largest undeveloped gold project in Atlantic Canada.
Cosan acquires 4.9% of Vale, plans to buy more
Cosan said it made the purchase "through a subsidiary and a combination of direct investments, equity and derivative operations."
Vale hires advisors as it assesses ‘value-unlocking alternatives’
Financial Times reported that Vale was in talks to sell a $2.5 billion minority stake in its metals business.
Vale announces reorganization of Brazil base metals business
Miner will transfer its copper assets in the country to Salobo Metais SA and its nickel assets to a new venture it will form.
Vale says iron market ‘can only get better’ amid tight supply
Company has been pursuing partnerships with steelmakers looking to address the challenge of finding cleaner ways to process minerals.
Marathon Gold raises $114m to fund Valentine mine construction
Building the mine is expected to cost Marathon between C$470 million and C$490 million.
Vale Indonesia signs HPAL deal with China’s Huayou
Vale and Huayou plan to build a $1.8 billion HPAL plant in Sorowako, South Sulawesi, to produce 60,000 tonnes of nickel.
