Iron ore output hit 96.755-million tonnes in the three months to June 30, while pellet output reached 12.838-million tonnes, despite a nationwide truck drivers strike that paralyzed the country in May.
Vale Mining News
The sale of Vale stakes has been a subject of market speculation since the world's largest iron ore miner moved to a single class of stock in October. Mitsui currently holds a 5.51 percent stake in Vale.
Top iron ore exporter forecasts a return to the $50s as Chinese imports starts annual decline after decades of growth.
Copper, iron ore prices drop, mining majors punished as US threatens more tariffs on "predatory" Chinese imports and Beijing calls it "blackmail".
A week choc-a-bloc with billion dollar copper, iron ore and cobalt deals ends with huge drop in prices and sell-off in stocks of mining's biggest names.
Resolving the legal cases will allow talks with creditors to begin as the company starts to draft its long-term business plan.
Vale agreement sets something of a price benchmark for long-term cobalt deals by showing what financial investors are willing to pay.
The two separate decrees aim at making the local industry more competitive and sustainable, while while implementing rules on the collection of higher mining royalties.
Michel Temer is expected to issue a decree next week introducing key changes to mining rules that date back to the 1960s.
Global miners face a new reality in Brazil as local, judges included, react quicker and more ferociously to legal infractions.
The company will announce "organic growth" in the coming months.
Brazilian miner Vale SA expects iron ore output at its premier S11D mine to reach 58 million tonnes this year.
Fabio Schvartsman is pursuing a disciplined approach, keeping tens of millions of tons in the ground each year to prevent another painful glut.
Australian law firm Phi Finney McDonald alleges BHP knew the dam was at imminent risk of breaking but did not tell markets.
The companies were recognized with the awards yesterday at the CIM Awards Gala in Vancouver.
China to allow foreign investors in iron ore futures from Friday.
The comments came a day after Vale reported a first-quarter slide in profit of 36 percent on higher costs and lower iron ore prices.
A day after first quarter results showed a 36 percent slump in profit, executives said they were not satisfied with nickel prices.
The world's largest iron ore producer posted a 36 percent slump in first-quarter profit compared to the same quarter a year earlier.
They are seeking to obtain 30 more days to finish details of the plan.
The world's top iron ore producer said that heavy rains in the first three months of the year impacted its output.
A diamond drilling campaign is about to start at the Salobro Zinc Project.
Cobalt, nickel still on the boil, but gloomier outlook reflected in copper price and fall in market value of top mining companies during first quarter.
The accident killed 19 people, left hundreds homeless and unemployed and caused sludge to wash downstream into the neighbouring state of Espírito Santo.
The are two main factors that appear to be emerging that may threaten an end to the current quite rosy picture surrounding demand for commodities such as iron ore, steel and the metals most exposed to the battery boom, cobalt, lithium and nickel.