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Silver Futures $ 77.196 / ozt 6.15%

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Micro Gold Futures $ 4585.7 / ozt 1.12%

Micro Silver Futures $ 77.196 / ozt 6.74%

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Vale’s 350,000 Ton Cargo of Iron Ore to Be Auctioned to the Highest Bidder

Hellenic Shipping News Worldwide | January 15, 2012 | 11:18 pm China Europe Iron Ore

Brazilian iron ore producer Vale SA (VALE) will likely wait until the end of the Lunar New Year to sell a massive cargo of iron ore that was delivered into the Chinese port of Dalian via one of its “very large ore carriers” or VLOCs at the end of…