In the weeks and months after Vale SA ’s deadly dam disaster, some of Brazil’s biggest investors snatched up shares in a bet they’d bounce back and then keep rising.
News ID: 8307 Publish Date : 2020/01/16
Brazil’s federal prosecutors’ office has threatened to revive a 155 billion reais ($37 billion) lawsuit against Vale SA and BHP Group, citing delays in helping survivors of a deadly dam burst at their Samarco joint venture, a source close to ongoing talks on the matter between the companies and prosecutors told Reuters.
News ID: 8306 Publish Date : 2020/01/17
Samarco Mineracao SA has rejected creditors’ formal request to resume talks to restructure its defaulted debt, signaling heightened risks for bond holders, according to people with direct knowledge of the situation.
News ID: 8296 Publish Date : 2020/01/07
The world’s biggest iron ore miners are looking for novel ways of satisfying their customers and protecting market share in the $150 billion global industry.
News ID: 7856 Publish Date : 2019/12/05
Vale SA ’s chief executive officer said on Friday that a resumption in paying dividends or share buybacks would depend on progress in repairing the damage from its Brumadinho tailings dam collapse, which killed more than 250 people.
News ID: 7142 Publish Date : 2019/10/26
Miner Vale SA said on Friday it had been authorized by Brazilian regulator ANM to resume operations at its Alegria mining site, which were interrupted last March after a “stress test” failed to guarantee its stability.
News ID: 7135 Publish Date : 2019/11/05
Brazilian miner Vale SA on Wednesday said it expects to finish paying for most of the expenses related to the disaster at one of its facilities that killed at least 250 people by 2021.
News ID: 6493 Publish Date : 2019/10/05
Brazilian pellet maker Samarco to start pellet operations in early 2020, which was closed since 2015
News ID: 2963 Publish Date : 2018/12/18
Vale SA is holding talks with Brazilian officials about expanding the world’s largest open pit iron-ore mine to meet growing Chinese demand for the high-grade ore.
News ID: 2620 Publish Date : 2018/11/15
The chief executive officer of Brazil's Vale SA , the world's largest iron ore producer, said in an interview published on Sunday that the company would ramp up annual production to 450 million tonnes only when prices rise.
News ID: 2182 Publish Date : 2018/08/28