Copper $ 5.8395 / lb 2.81%
Brent Crude Oil $ 60.64 / bbl -2.74%
Palladium $ 2023.3 / ozt 9.99%
Crude Oil $ 56.74 / bbl -2.76%
Natural Gas $ 4.366 / Btu 4.05%
Silver Futures $ 77.196 / ozt 6.15%
Aluminum Futures $ 2964.5 / ton -0.20%
Micro Gold Futures $ 4585.7 / ozt 1.12%
Micro Silver Futures $ 77.196 / ozt 6.74%
Platinum $ 2471.4 / ozt 7.77%
Gold Futures $ 4552.7 / ozt 0.65%
Go to MDC Markets

Vale profits fall 21% after bending to Chinese steelmakers

MINING.com Editor | February 16, 2012 | 1:27 am Energy China Europe Latin America Coal Iron Ore 

Brazil's Vale said on Thursday its fourth-quarter net profit fell 21% due to lower prices. Vale is the world's largest producer of iron ore and a top nickel miner, reported a quarterly net profit of $4.67 billion, compared to $5.9...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now