Vale - world's largest iron ore miner post the dam collapse of 25th Jan is proceeding with decommissioning of Forquilha I, Forquilha II, Forquilha III and Grupo dams which is expected to affect around 3 MnT production loss in 2019.
News ID: 3938 Publish Date : 2019/03/10
Chinese spot iron ore fines prices this week have dropped yesterday by USD 4/MT to USD 90.2/MT, CFR China against USD 94.20/MT, CFR China towards last weekend. The prices have softened amidst low buying interest from Chinese mills post mills reopened on Monday after week long New Year holidays. The Chinese mills also seem to have enough stocks to fulfill demand in upcoming days.
News ID: 3859 Publish Date : 2019/03/06
Brazilian iron ore miner Vale fired an inspection firm because the company refused to certify one of its dams as safe, months before the barrier collapsed and killed hundreds, prosecutors said in a document filed this week, as they explained why they wanted top Vale executives ousted.
News ID: 3851 Publish Date : 2019/03/05
Mining giant Vale (NYSE: VALE) took a hit on Wednesday when Moody's Investor Service downgraded its debt to junk.
News ID: 3779 Publish Date : 2019/02/28
Excluding Vale (NYSE:VALE), close to 8 million tonnes of seaborne iron ore supply from Brazil is at risk in 2019, a report by Wood Mackenzie states.
News ID: 3744 Publish Date : 2019/02/25
Brazil's mining agency (ANM) has ordered Vale (NYSE:VALE) to suspend operations at its Fabrica and Vargem Grande complexes, as part of an ongoing crack down following last month's deadly dam break at the iron producer’s Corrego do Feijão mine.
News ID: 3692 Publish Date : 2019/02/21
Brazilian mining giant Vale (NYSE:VALE) issued a statement on Saturday saying that it had ordered the evacuation of some 200 people residing or working in 49 buildings that are located near its Mar Azul mine, in Nova Lima, Minas Gerais.
News ID: 3658 Publish Date : 2019/02/17
Iron ore mining giant Vale (NYSE:VALE) issued a statement Friday advising that there was a fire in one of the transfer houses of the belt conveyor system at its distribution center in Malaysia.
News ID: 3648 Publish Date : 2019/02/16
Eight employees of the Brazilian mining giant Vale (NYSE:VALE) were arrested on Friday as part of an ongoing criminal investigation into the deadly dam disaster in the town of Brumadinho, which killed at least 166 with over a hundred still missing.
News ID: 3627 Publish Date : 2019/02/15
About 700 people were evacuated on Friday from two different towns in the Brazilian state of Minas Gerais where a dam collapse last month killed at least 157 people, with nearly 200 still missing and feared dead.
News ID: 3595 Publish Date : 2019/02/08
Iron ore prices reached an almost two-year high on Tuesday, following January’s fatal tailings dam breach in Brazil at Vale ’s Córrego do Feijão mine. Iron ore was at $86.65/dry ton on Feb. 4, up 14% since the dam breach and the highest since March 2017, according to S&P Global Platts.
News ID: 3594 Publish Date : 2019/02/07
SAO PAULO, Feb 6 (Reuters) – Brazilian iron ore miner Vale SA was made aware of problems with sensors designed to monitor the structure of a dam that ended up bursting, killing an estimated 300 people, two days before the disaster, Globo TV reported on Wednesday.
News ID: 3591 Publish Date : 2019/02/07
Brazil's Minas Gerais state labour prosecutors have frozen more than 800 million reais ($219 million) of Vale 's funds as compensation for victims of last week’s tailing burst, which killed at least 99 people.
News ID: 3517 Publish Date : 2019/02/01
Top iron ore producer Vale ’s decision to decommission its upstream tailings dams following the deadly dam burst Friday at its facility in Córrego do Feijão, Brazil has lit a fire under iron ore prices.
News ID: 3500 Publish Date : 2019/01/30
As the death toll continues to rise from a fatal accident at a dam owned by Vale SA, the Brazilian miner’s top management is coming under increased criticism in the highest levels of government.
News ID: 3477 Publish Date : 2019/01/29
The Brazilian Securities and Exchange Commission (CVM) has launched a probe into mining giant Vale SA's filings related to the mining dam collapse in the town of Brumadinho, where the collapse of a dam at the company’s Córrego do Feijão mining complex on Friday killed at least 60, while more than 300 missing people are feared dead.
News ID: 3470 Publish Date : 2019/01/29
According to the latest reports, Brazilian iron ore mining company, Vale has acquired domestic iron ore processing technology firm New Steel for USD 500 million. The transaction is expected to occur in 2019 but is subject to approval by antitrust authorities in Brazil.
News ID: 2989 Publish Date : 2018/12/19
Vale , the Brazilian mining giant built on supplying the world's steel mills with iron ore, is now betting on the electric vehicle (EV) revolution to turn its nickel division around.
News ID: 2843 Publish Date : 2018/12/08
IMIDRO Ranks 16th among the world’s top 20 iron ore producers in 2015.
News ID: 159 Publish Date : 2016/01/05
Brazil's federal government and two states are suing Samarco, an iron ore miner jointly owned by BHP Billiton and Vale , for $5.3 billion over a catastrophic tailings dam burst that devastated the country's second largest river system, the Rio Doce.
News ID: 87 Publish Date : 2015/11/29