Vale SA (VALE.N)
18 Dec 2013
|Market Cap (Mil.):||$78,485.02|
|Shares Outstanding (Mil.):||5,365.30|
* Joint venture officials attended Monday hearing over mine deal dispute
TORONTO, Dec 18 - The Ontario government will launch a review of mining safety, looking at the effectiveness of health and safety rules, enforcement and prevention in the Canadian province after the 2011 deaths of two men at a Vale SA mine prompted calls for reform.
* New mines to more than replace canceled Argentina Rio Colorado plan -CEO
Brazilian mining giant Vale SA asked for permission to sell 750 million reais ($321 million) of notes maturing between 2021 and 2029 to finance railway construction in the Amazon state of Pará, the company said in securities filing late Sunday. The notes will be sold under a so-called infrastructure debt program, which allows companies to issue tax-free securities to finance long-term investment projects.
CONAKRY, Dec 10 - A committee reviewing Guinea's mining licences said it has delayed a Tuesday hearing with BSGR, the mining arm of Israeli billionaire Beny Steinmetz, and partner Vale, until next week.
MEXICO CITY, Dec 5 - Brazilian stocks rose for the first time in four days on Thursday, buoyed by steelmakers on a report they are seeking to hike prices, while miner Vale climbed after announcing plans to sell a stake in its coal operations.
(Adds comments from Vale CEO, details and comments on Serra Sul project and on Vale iron ore strategy)
(Adds J.C. Penney, Exillon, Credit Suisse, Precision, Telecom Italia, Alcatel-Lucent, Banca Popolare, Catalyst Capital, Galenika, GDF Suez, Vale, PostNL, TNT, Wencor, Sky Deutschland, Czech Airlines, LTS Lohmann, Repsol, Chanel; Updates BNP Paribas)
Dec 5 - Brazil's Vale SA ability to expand iron ore output at its giant Carajas mine complex in the Brazilian Amazon will be limited by rail capacity even after it resolves ecological and archaeological preservation issues related to mine-site caves, Jose Carlos Martins, the company's iron ore chief said in London on Thursday.
By Brad Haynes and Silvio Cascione SAO PAULO, Dec 3 - Brazil's economy contracted in the third quarter for the first time since early 2009 as a steep drop in investment showed flagging confidence in what was recently one of the world's most attractive emerging markets. The economy shrank 0.5 percent between July and September from the prior three months, government statistics agency IBGE said on Tuesday, missing forecasts in what has become a disappointing routine over the last
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