Vale cuts full-year production forecast, buoying iron ore market
One of the world's largest miners, now expects iron ore output for the year to be between 310 Mt and 320 Mt, from a previous estimate of 320-335 Mt.
Vale Indonesia Q2 nickel matte output falls 16.5%
Nickel miner reported 12,567 tonnes of nickel matte output for the April-June period, down 16.5% from the same period last year.
Marathon Gold reaches permit milestones for Valentine
The company is moving the Valentine gold project forward thanks to new permits and stakeholder agreements.
Illegal gold mining in Amazon equivalent to half of Brazil’s production — report
According to Instituto Escolhas, there has been a seven-fold rise in deforestation caused by mining in the Amazon over the last seven years.
Vale secures natural gas supply for 100% of pelletizing ops
The deal is set to allow Vale's Sao Luis plant to stop running on fuel oil when the supply starts in 2024.
Vale to spend $400 million in 2022 to remove tailings dams
The dam elimination program has already cost the company $857 million of the $4 billion it projects to spend by 2035.
BHP, Vale reject Brazil steelmaker CSN’s interest, say miner Samarco is not for sale
Brazilian steelmaker CSN hired restructuring firm RK Partners to draft a proposal to buy control of Samarco.
Vale moves closer to developing nickel sulfate operation in Canada
The project in Becancour, Quebec, would be the first fully domestic nickel sulfate production plant in North America.
Vale creates $100 million venture capital arm to spur mining innovation
Vale Ventures is starting with a $100 million budget to invest in firms involved in sustainable mining initiatives.
Marathon awards key contracts for Valentine gold project in Newfoundland
The company has signed a letter of intent with SNC-Lavalin for detailed engineering for the mill and major facilities.
