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Vale ( VALE +1.1% ) is in talks to increase its stake in Alianca Energia, a Brazilian energy generation and trading joint venture with Cemig ( CIG +2.1% ) set up in 2015, newspaper Valor Economico reports. More news on: Vale S.A., Companhia Energética de Minas Gerais, Energy s...
Are These On Your Mining Stocks Watch List? This week started off with a volatile bout of consolidation. Early in the morning on January 13, the S&P saw some consolidation from its premarket highs. However, once the day got rolling, things were back in order and the S&P once again inke...
In the base metals sector this week, news broke that a Brazilian state prosecutor investigating the January 2019 Brumadinho tailings dam disaster was preparing to charge multiple executives and employees of Vale (NYSE: VALE ) and German inspection firm TÜV SÜD as well ...
Globally, the overall trends in the resources industry in 2019 were the ongoing impact of the US-China trade war coupled with general uncertainty — as shown by the rising gold price and a mixed bag of results across base metals. For Australia, it was a year that saw the resources ind...
A Brazilian state prosecutor plans to bring criminal charges against Vale ( VALE +0.3% ) "in the next few days" over last year's mining waste dam collapse, even as the prosecutor's federal counterpart continues to investigate the case, Reuters reports. More news on: Vale S.A., Read...
Chinese iron ore futures rallied to their highest close in more than five months , on hopes of strong restocking demand from mills ahead of local holidays. More news on: BHP Group, Rio Tinto Group, Fortescue Metals Group Limited, Commodities news, Read more ...
The Samarco iron ore venture between Vale ( VALE ) and BHP ( BHP ) has rejected creditors' formal request to resume talks to restructure its defaulted debt, signaling heightened risks for bond holders, Bloomberg reports. More news on: Vale S.A., BHP Group, Commodities news, Read...
Iron ore prices have come off their highest level of 2019, but are still ending on a high note. The year was marked once again by a disaster in the space, with Vale’s (NYSE: VALE ) news of a dam collapse in January remaining in the spotlight throughout the 12 month period. As the ...
Welcome to the nickel miners news for December. The past month saw nickel prices the same as last month and some very good drill results from some nickel juniors. Nickel price news As of December 27, the nickel spot price was USD 6.35 , similar to USD 6.38 last month. Nickel inventory a...
Despite many analysts predicting nickel would have a quiet 2019, nickel had a stellar year. Prices for the base metal are up almost 30 percent year-to-date, with one of the main drivers being Indonesia’s export ban news. Nickel started the year trading for US$10,435 per metric ton...
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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...