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The Brazilian government may annul major miner Vale’s (NYSE: VALE ) acquisition of iron ore producer Ferrous Resources if the company does not provide sufficient environmental compliance documents within the next 30 days. Vale purchased Ferrous Resources on August 1 ...
The Samarco mining joint venture between Vale ( VALE +0.1% ) and BHP ( BHP +2.3% ), inactive since 2015 following a fatal tailings dam collapse, is expected to resume talks to restructure $8.7B in defaulted debt in the coming weeks, Reuters reports. More news on: Vale S.A., BHP Group...
This article first appeared in Trend Investing on September 5, 2019; therefore all data is as of that date. Indonesia has declared that they will ban nickel ore exports as of January 1st, 2020 (previously scheduled for 2022). However, on Monday, September 2, 2019, Indonesia’s Ener...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . More highs are in store for the three major U.S. stock indexes as reports suggest the Trump administration is weighing whether to...
Authorities are investigating ex-Vale (NYSE: VALE ) CEO Fabio Schvartsman's response as they explore whether a culture of retaliation at the company contributed to the deadly mine-dam collapse that killed 270 people on Jan. 25. More news on: Vale S.A., Commodities news, Read more ......
BHP approves $44M to restart operations at the Samarco iron ore mine in Brazil, four years after the failure of a tailings dam caused worst environmental disaster in Brazil's history. More news on: BHP Group, Vale S.A., Commodities news, Read more ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . Today's non-farm payrolls report is expected to be unusually weak, weighed down by a strike at General Motors (GM). Economists exp...
Diversified miner Rio Tinto (ASX: RIO ,LSE:RIO,NYSE:RIO) has announced its expectations for 2020, with high hopes for its iron ore asset, the Pilbara project. In a press release on Wednesday (October 31) , Rio Tinto forecasts that its shipment guidance could increase by up t...
Vale ( VALE -3.8% ) says it pre-emptively triggered an emergency protocol at its Forquilha IV dam which processes waste from its Fábrica mine near the town of Ouro Preto in Brazil. More news on: Vale S.A., Commodities news, Stocks on the move, Read more ...
Welcome to the nickel miners news for October. The past month saw nickel prices slightly lower. LME inventories fell dramatically to very low levels (below 80kt), and are at a nine-year low. This is approaching the previous nickel low inventory levels that resulted in significant nickel pric...
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2024-07-26 16:30:15 ET Image source: The Motley Fool. Vale (NYSE: VALE) Q2 2024 Earnings Call Jul 26, 2024 , 10:00 a.m. ET Operator Continue reading For further details see: Vale (VALE) Q2 2024 Earnings Call Transcript
2024-07-26 08:52:27 ET Vale SA (NYSE: VALE), the world’s largest iron ore producer, reported its Q2 earnings for 2024 earlier today, presenting a mixed financial picture but reaffirming its production outlook for the year. Despite falling short of revenue expectations with $9...
The International Energy Agency predicts that existing and planned mines will only meet 80% of global copper needs by 2030 Torr Metals is developing two highly prospective copper-gold projects in Canada, one of the most mining-friendly and infrastructure-rich jurisdictions in the world In Jun...