Brazil's Samarco Mineração SA expects to pay up to 2 billion reais ($512.5 million) this year to 19,000 families affected by the 2015 mining disaster in the state of Minas Gerais, the foundation ...
With operations, offices, exploration projects and joint ventures spread across five continents, Vale is a world leader in the mining sector. Headquartered in Brazil, the company operates in more than 30 countries and employs more than 195,000 people (including employees and long-term contractors).
Major foreign acquisitions are nothing new for Vale. In 2006, Brazil suddenly became the sixth largest foreign investor in Canada when Vale bought nickel mining giant Inco for a cool $17 billion cash.
Mining companies operating in the state of Pará, such as Vale Group, which was already one of its leading mining companies in Brazil, gained more elements to become one of the largest mining companies in the world, with the potential territorial of projects that .
A study of analyst recommendations at the major brokerages shows that Vale SA is the #18 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans ...
Vale plans to build a synthetic quartz production plant in a mining-intensive region of its home country, which will create 80 jobs directly and diversify the local economy.
To maximize their effectiveness, color cases should be printed in color.In 2009 the management of Vale, a Brazilian diversified mining company and the largest iron ore producer in the world, was ...
Daneben fördert Vale auch Kupfer, Platin, Gold, Silber, Kohle und Bauxit. Außerdem hielt Vale bis 2010 mehr als 50 % Anteil am größten brasilianischen Aluminiumproduzenten Alunorte, der im Staate Pará eine eigene Verladeanlage in Vila do Conde bei Belém betreibt.
· Vale is one of Brazil's biggest companies, and the world's largest producer of iron ore, but like BHP and others in the industry, its profits have been pummelled by falling commodity prices.
SAO PAULO, Sept 26 (Reuters) – Two major shareholders of Brazilian mining company Vale SA are likely to reach an agreement on Wednesday to pay 2.82 billion reais ($692 million) to Eletron to settle a dispute over Vale shares, according to securities filings by Bradespar SA and Litel Participações SA.
Rio de Janeiro-based Vale continues to reap the rewards of China's surging demand for its low-cost, higher quality iron ore. At the same time, Vale is producing at record levels, while the depreciation of the Brazilian real is bolstering the company's earnings.
Sep 26, 2018· Shareholders of Brazilian mining company Vale SA should reach an agreement on Wednesday to pay 2.82 billion reais to Eletron to settle a dispute, holding company Litel .
In 1995, Brazil's Constitution was modified as to allow majority foreign ownership in mining projects and Vale became a privately-run company. Companhia Vale do Rio Doce is a Brazilian mining multinational and also a one of the most important logistic operator of Brazil.
JOHN'S, N.L.—Brazilian mining company Vale says it will proceed with construction of an underground mine at Voisey's Bay, N.L., extending operations by .
SAO PAULO/RIO DE JANEIRO | Brazilian prosecutors in Minas Gerais state said on Tuesday they reached a final compensation deal with mining companies Samarco, Vale and .
Vale's iron ore production for 2013 at Carajas was 104.88 million metric tonnes, a decline of 1.8% from 2012. In January 2012, Vale also obtained the operation licence for the N5 Sul pit, which allows accessing the new ore body in the N5 mine of Carajas. The new ore body is believed to have the highest ferrous content within Vale's portfolio.
Vale-Mozambique, a subsidiary of the Brazilian mining giant Vale, in 2017 produced a record amount of coal from its open cast mine in Moatize district, in the western province of Tete.
With greenfield mineral exploration in six countries, Vale maintains a network integrating its mines with railroads, ports and ships. Additionally, it has a sustainable energy project in Brazil, hydroelectric plants in Brazil, Canada and Indonesia, and pursues investments in energy and steel businesses through affiliates and joint ventures.
Mr Sampaio accused Brazilian mining company Vale, Anglo-Australian giant BHP Billiton and iron ore producer Samarco, which they co-own, of pursuing profits rather than attending to safety.
Brazilian mining company Vale will deploy its cash wisely and "does not need" to chase big acquisitions because it has a big opportunity to grow organically in nickel.
BHP Billiton & Vale lawsuit (re dam collapse in Brazil) On 5 November 2015, two mining dams operated by Samarco Mineração SA, a joint venture of Vale and BHP Billiton, collapsed in Brazil releasing 50 million cubic meters of toxic iron-ore residue.
Vale is Brazil's premier mining company, and is currently a worldwide leader in iron ore exports. As such, the company has acknowledged the need for a new export port in northern Brazil, and is investing a reported $2.9 billion into the construction of the Ponta da Madeira terminal.
Brazilian mining giant Vale SA says it hopes to restart operations in mid-2017 at its Samarco Mineração SA joint venture, which has been shut down since a dam failure killed 19 people in ...
A Brazilian judge has suspended a nearly US50 billion A65bn lawsuit against the mining firms responsible for the 2015 Samarco tailings dam disaster, as negotiations between the companies and ...
Vale S.A. ADR Stock - VALE news, historical stock charts, analyst ratings, financials, and today's Vale S.A. ADR stock price. DOW JONES, A NEWS CORP COMPANY News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services.
SAO PAULO, Oct 2- Brazilian prosecutors in Minas Gerais state said on Tuesday they reached a final compensation deal with mining companies Samarco, Vale .
Nov 11, 2015· MARIANA, Brazil (Reuters) - As despair turns to anger over a deadly dam burst at a Brazilian mine, lawmakers pushed on Tuesday for tougher regulations in a new mining code and iron ore giant Vale ...
Apr 23, 2018· Samarco, co-owned by BHP and Brazilian mining giant Vale, is facing a 155 billion reals (US$45.4 billion) legal claim for clean-up costs and .
In 2015, Brazil faced its worst environmental mining disaster in history with the bursting of two dams at an iron ore mine operated by Samarco, a joint venture between BHP Billiton and Vale, in Mariana in the state of Minas Gerais.
Brazilian prosecutors in Minas Gerais state said on Tuesday they reached a final compensation deal with mining companies Samarco, Vale and BHP Billiton regarding a 2015 dam burst, Brazil's largest ...
Hebei Jingye Group, a medium-size steel mill in the smog-prone northern province of Hebei, is looking for a contract with Vale for supplies of high-grade ore in 2019, a company official said.