Vale SA
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Vale reaches deal with Argentine authorities, quits $6 billion potash project
It will pay two and a half months salary to about 4,000 workers.
Brazil’s iron ore industry loses ground in the global market
The country's share in the global iron ore market has dropped 7.5% decrease since 2000, close to mid-1970s levels.
Indian and Chinese investors eye Vale’s Rio Colorado potash project
The potential takeover comes only four years after Vale bought the project from Rio Tinto.
Clashes at coal mine owned by Vale in Mozambique
Mozambique’s coal industry has faced a number of challenges in recent months.
Argentine court bans Vale from closing down $11bn potash project
The miner must "abstain from … dismantling installations (and) removing tools, machinery and other work implements" or face heavy fines otherwise.
Australia sees iron ore prices only getting worse
The country's commodities forecasting agency expects average price to fall to $90 a tonne over the next five years.
Rio Tinto, Xstrata to slash over 100 coal jobs each
Rio and Xstrata are not the only miners rethinking their coal business in Australia. Vale and BHP are reportedly on the same page.
Iron ore fall strikes projects, miners and frightens investors
The steelmaking commodity hit a 2½-month low Monday as Chinese steelmakers resist restocking frightened by weakening economic data.
Brazil’s Vale reports first loss in a decade, takes $5.7bn write-down
It became the latest large miner to write down assets in the face of falling commodity prices.
Vale to invest $16 million in copper-gold project in Mexico
Vale's local subsidiary signed a deal with Canadian junior miner Corex Gold to explore for gold and copper in Mexico.
Mining investment in Argentina grows 72% despite risky business climate
Foreign and local investors spent a total of $3.8 billion in 2012 and the trend is expected to continue this year, with planned investments already amounting to more than $4 billion.
Vale halts $6 billion potash project in Argentina
The world’s third-largest miner is set to post the lowest annual profit in three years.
Rio Tinto fighting to keep Australia in top iron ore producer spot
Even with significant ore bodies coming on stream from 2015 onwards in Brazil (Anglo’s Minas Rio and Vale’s Serra Sul), Australia will be able to keep its crown in this commodity kingdom thanks to Rio, say analysts.
Global steel director for Brazil’s Vale quits amid division reshuffle
With the executive's resignation, the global steel director's position will no longer exist.
Vale’s CEO bullish about iron ore in 2013
Murilo Ferreira, CEO of Brazil’s mining giant VALE (NYSE: VALE) said he expect less volatility in terms of iron prices for 2013
Iron ore miners ending 2012 on a positive note
Vale, Rio Tinto and BHP Billiton reach an almost one-year high.
Vale applies to build homes at its Canadian mining sites
The company is requesting the Canadian city of Sudbury to allow the housing of hundreds of temporary construction workers at its mine, mill and smelter sites in the community.
Vale seeks $500 million IADB financing for potash project
Brazilian giant miner Vale (NYSE: VALE) is about to close a $500 million loan agreement with the Inter-American Development Bank (IADB) for its Rio Colorado potash project in Mendoza, Argentina.
Vale kicks off copper production at Zambia mine
Brazil's Vale (NYSE:VALE) announced it has started producing copper concentrate at its Lubambe mine in Zambia.
Vale the newest casualty of China’s slowdown
Brazilian mining giant, Vale SA, became the latest casualty of China's economic slowdown on Wednesday as its second-quarter profit fell almost 60% driven mainly by a weaker demand for iron ore coming from the Asian country.
Brazil's Vale confirms plans to sell euro-denominated bonds
Brazilian mining giant Vale SA confirmed Tuesday its plans to issue euro-denominated overseas bonds.
Millrock and Vale enter option agreement concerning the AUDN copper-gold Porphyry project, Alaska
Vale is providing funding to Millrock for research and exploration along the Alaska Peninsula porphyry belts. Vale may earn 65% interest by expending US$3.5 million for exploration on the project over a three-year period.
Brazil prosecutor requests suspension of Vale's Onça Puma nickel operations
Brazil's federal public ministry in Para state has filed legal action demanding that operations be halted at Onça Puma, a nickel mine in the northern Brazilian state owned and operated by Vale SA (NYSE:VALE).
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.
Vale hunts for local support for its vessels access to China
Brazilian mining giant Vale (NYSE: VALE) has contacted China's second largest container line China Shipping Group to negotiate a way for its very large ore carriers (VLOCs) to dock in Chinese ports again
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