Vale launches pilot plant for dry magnetic separation

World's number one heavy equipment manufacturer arrests sales decline in March.

Full voting results will be released on Friday.

The gold and copper miner didn’t specified where the alleged misconduct took place.

The spot price for benchmark 62% fines gained 8.78%, the third largest surge since iron ore pricing first began in May 2009.

Vale says 2016 output will come in at the lower end of expectations, potentially pushing the Brazilian giant to number two in global iron ore rankings.

Should the court decide the claim can be heard in Canada, it could have wider implications for Canadian mining companies operating in countries with less than sterling environmental and human rights records.

The outlook for zinc appears bullish, says Stefan Ioannou of Haywood Securities, spearheaded by mine closures, dwindling production and the dearth of replacement projects.

The world's No. 2 iron ore miner has cut its production guidance for 2017 by as much as 20 million tonnes.

Chile's Codelco said that it loses about 1,500 tonnes of copper output for each day El Teniente mine remains inactive.