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Heavy rainfall and poor drainage were among several factors that caused the deadly dam breach at Vale's (NYSE: VALE ) Córrego do Feijão mine early this year, according to an independent report commissioned by the company. More news on: Vale S.A., Commodities news, Read more...
Vale ( VALE +2.2% ) is higher after Jefferies upgrades shares to Buy from Hold with a $16 price target, up from $13, as part of a broader sector note on metals and mining. More news on: Vale S.A., Antofagasta plc, Antofagasta plc ADR, Commodities news, Stocks on the move, Read more...
Vale ( VALE +0.7% ) says it will put up for sale its Goro nickel operation in New Caledonia, which has been plagued with problems since it came on stream two years behind schedule in 2011. More news on: Vale S.A., Commodities news, Read more ...
Vale (NYSE: VALE ) recently announced it would set Scope 3 emissions targets, which includes reducing greenhouse gas emissions from its products after they have been sold. At an investor briefing on Monday (December 2) in New York, Vale outlined plans to target net-zero emissions by 2...
China's iron ore futures rebounded overnight after top iron ore miner Vale (NYSE: VALE ) lowered its Q1 2020 production outlook to 68M-73M metric tons from prior guidance 70M-75M mt. More news on: Vale S.A., BHP Group, Rio Tinto Group, Commodities news, Stocks on the move, Read more...
Vale ( VALE +3.2% ) says it expects iron ore production to recover in the coming years from a sharp drop after the Brumadinho dam burst, rising to 390M-400M metric tons in 2022 from 340M mt in 2020 while anticipating $5B in capital spending in 2020-21. More news on: Vale S.A., Commodit...
Welcome to the nickel miners news for November. The past month saw nickel prices lower despite LME inventories falling further to only 66,820 tonnes. Nickel price news As of November 28, the nickel spot price was USD 6.38 , down from USD 7.66 last month. LME inventories fell again to ve...
As the week and month of November finish up, the base metals all experienced different weeks as we march toward the final month of 2019. Copper started the week on a high note but began to fall by Thursday (November 28). On Monday (November 25), copper traded for US$5,872 per metric ton...
Vale (NYSE: VALE ) says it will place its coal operations in Mozambique on maintenance for three months , which could affect the country's balance of payments and currency, as coal is by far its biggest source of export earnings. More news on: Vale S.A., Commodities news, Read more .....
Steel: Neutral; top picks POSCO ( PKX ), Hyundai Steel, Korea Zinc We do not expect investor sentiment to improve dramatically as global demand remains in the low-growth phase and steel prices are expected to decline due to raw material price weakness. However, we believe the supply-dema...
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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...