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.
None of mining's top companies escaped the carnage on Thursday after a survey of manufacturing in China showed activity slowed for a fifth straight month.
Beijing launched the new spot price platform in January in a bid to shift the balance of power in price negotiations away from the big three.
This month, Vale opened its first nickel operation in Brazil. Onça Puma, in Ourilândia do Norte, southeast Pará, is one of the largest ferronickel production plants in the world. The project, which covers the municipalities of Ourilândia do Norte, Tucumã and Parauapebas, has an annual production capacity of 220,000 tons of ferronickel, containing 53,000 tons of nickel, a highly valued product in the steel industry. Read more
Baffinland Iron Mines shares are pushing well past the most recent offer price for the company on bets that a company such as Vale SA or Xstrata PLC will make a blockbuster bid to keep the big iron ore deposit …
U.S. mining technology company Modular Mining Systems’ fleet management and machine guidance solutions have been selected by the Vale-owned Moatize coal mine, in Mozambique. Read more
Vale announces the successful commissioning of its two large nickel projects, Vale New Caledonia (VNC), formerly Goro, and Onça Puma. Read the full press release
Tenova TAKRAF was recently awarded a new order by Vale for an iron ore stacker to be installed at Ponta de Madeira Terminal, Brazil. Read more
Samarco is an iron ore mining company formed by a joint venture between two giants: Vale and BHP Billiton. Samarco's mine is located in the Southeast region of Brazil, in Minas Gerais State, approximately 600 kilometers from São Paulo city. …
Vale S. A. announces that its strategic 50:50 joint venture with African Rainbow Minerals Limited (ARM), a company listed on the Johannesburg Stock Exchange, will release the development of the Konkola North copper project in Zambia. Read more
Vale S.A. has signed an agreement with Ferrosur Roca S.A. a general cargo railroad operator in Argentina, for the transference of the concession of a 756-kilometer railroad stretch connecting Zapala, in the province of Neuquén, to General Cerri, in the …
Immersive Technologies’ Advanced Equipment simulators have recently come under high praise – in February they were awarded first prize in the category of Machines & Products Display at the International Mining Exhibition in India. Now MCC Contracts (MCC) has followed …
Brazil's Companhia Vale do Rio Doce (Vale), the dominant name in seaborne iron ore, has seemingly found Guinea's iron ore potential irresistible, following the announcement that it has agreed to pay USD 2.5bn for a 51% stake in BSG Resources …
The mills, which already face excessive output, have been asked to accept a doubling of prices from their top supplier, Vale, a Chinese official said.
VALE’S Integra Underground operation lost more than half of its typical metallurgical coal production in the December quarter due to a large roof fall, while Carborough Downs is getting ready to go full steam into longwall production……more at International Longwall …
The company will use contract employees to restart a mine and boost production at another
JOHN Holland has won a $A260 million mining contract from Aquila Resources and Vale for the Isaac Plains open cut coal mine in Queensland’s Bowen Basin……more at International Longwall News
Ground support methods grouping MIGS now has Vale Inco and the Amberg Group as new members.
Aglobal leader in power and automation technology, ABB is honoured to be Vale Inco’s electrification, hoisting and automation partner for the Totten Mine Project. Vale Inco’s reopening of Totten mine is a $400 million project and the first new Vale …
Sudbury mining staff turn to green energy business By: Nick Stewart Gary Poxleitner and Brad Wright, partners in local green energy system installer 3e Solutions, stand next to Sudbury's first use of Cansolair technology. (Photo supplied) Young Sudbury entrepreneur Brad …
Houston, TX, July 16, 2009 – ABB, the world’s leading power and automation technology group announced it was recently awarded a three-year service contract worth approximately $19 million, by Vale Inco Nouvelle Caledonie. Under this contract, awarded during the second …
By: Northern Ontario Business Staff Vale Inco’s Copper Cliff North Mine has been recognized as the safest metal mine in Canada for the third year in a row. Copper Cliff North Mine, located in the City of Greater Sudbury, was …
Purchasing.com (May 15, 2009) – Vale Inco has extended a planned three-week scheduled maintenance shutdown at its Sudbury, Ont., mining and Port Colborne, Ont., refinery operations by an additional eight weeks through the end of July. Xstrata Nickel recently decided to shutter all former Falconbridge mining operations in Sudbury, except for a development mine that won't reach full production until 2010. Another producer, FNX, has suspended its nickel production after the sharp drop in the metal's price made operations uneconomical.
NEWFOUNDLAND — The four-year construction project that will culminate in completion of Vale Inco's new hydrometallurgical plant has begun at Long Harbour, 120 km west of St. John's. At its peak in 2011 the project will employ 1,600 workers…more at …
Vale Inco is shutting down its nickel mining and processing operations in Sudbury, Ont., for eight weeks starting June 1 due to weak demand for the metal used to make stainless steel, the company said Thursday.
ABB, a leading power and automation technology group, has won a $32 million order from Vale in Mozambique for complete electrification and automation solutions to maximise productivity, monitor energy use and minimise energy consumption at a new coal mine. The new mine is, according to ABB, one of Vale's major investments in Africa and will [...]
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.