Canadian Mining Journal

Vale S.A.

  • News

    POTASH: Mosaic to acquire Vale’s fertilizer business including Kronau project in Canada

    August 2, 2017 by Canadian Mining Journal

    SASKATCHEWAN – A Brazilian regulator has approved the sale by Vale SA of its fertilizer division to Mosaic Company of  Plymouth, Minn. The deal includes Vale’s Kronau potash project in this province. Mosaic is paying US$2.5 billion for the project

  • IRON ORE: Samarco restart delayed into 2018

    July 4, 2017 by Canadian Mining Journal

    BRAZIL – BHP Billiton of Australia has approved a total of US$250 million in financial support for the Samarco iron ore clean up through the end of this year. The company says operations are unlikely to restart this year. Samarco

  • FERTILIZERS: Mosaic to buy Vale’s fertilizer business

    December 20, 2016 by Canadian Mining Journal

    PLYMOUTH, MN – The Mosaic Company has announced plans to purchase Vale SA’s fertilizer business for US$2.5 billion. Mosaic is offering US$1.25 billion in cash and the other half through the issuance of 42.3 million shares to Vale. With an

  • Pressure grows on Samarco, one year after tailings disaster

    November 15, 2016 by Canadian Mining Journal

    Legal and financial pressures are mounting on Samarco, one year after a tailings dam failure sent 60 million m3 of mine waste and sludge into Brazil’s Rio Doce River system. A federal court in Minas Gerais state has ruled that BHP

  • News

    THE FUTURE: New Canadian research offers step change to global mining

    October 5, 2016 by Canadian Mining Journal

    MONTREAL – Although supported by the world’s largest miners and with 10 years of success under its belt, the COSMO-Stochastic Mine Planning Laboratory of McGill University in this city is not a familiar name to most industry followers. The lab

  • Silver Wheaton to pay Vale US$800M to increase gold stream at Salobo to 75%

    August 4, 2016 by Canadian Mining Journal

    Silver Wheaton (TSX: SLW; NYSE: SLW) is offering Vale (NYSE: VALE) US$800 million to buy another 25% gold stream from the miner’s Salobo copper-gold mine in Brazil, pushing up its annual gold production. Vancouver-based Silver Wheaton already has a 50% gold stream on

  • News

    SIMULATION: Vale chooses Immersive Technologies to train truckless system operators in Brazil

    July 5, 2016 by Canadian Mining Journal

    BRAZIL – The S11D project in Canaã dos Carajás is in the world spotlight as truckless mining production is slated to begin in 2016. S11D will be one of the biggest mines in the world and this new production method

  • BHP and Vale scramble to cope with Samarco disaster

    November 10, 2015 by Canadian Mining Journal

    VANCOUVER — Mining giants BHP Billiton (NYSE: BHP; LON: BLT) and Vale (NYSE: VALE) haven’t offered much detail relating to a large scale tailings dam breach at the Samarco iron ore joint venture in Brazil’s Minas Gerais State, but reports already indicate it will likely

  • News

    Vale green-lights underground mine at Voisey’s Bay

    August 24, 2015 by Canadian Mining Journal Editor

    The natural resources industry of Newfoundland and Labrador – beaten down as it is by the steep decline in iron ore and oil prices – has received a most welcome board level confirmation from Vale that it will indeed pursue…

  • News

    MINING PEOPLE: Eastmain, Manitou Gold, Lake Shore, Noront, and Vale

    April 30, 2015 by Canadian Mining Journal Editor

    Dr. John Hansuld has been named lead director at Toronto-based Eastmain Resources. He is a member of the Canadian Mining Hall of Fame, as well as being the Northern Miner’s Mining Man of the Year, the PDAC Developer of the Year, and…

  • News

    Miners adapt to lower coal prices

    December 16, 2014 by Canadian Mining Journal Editor

    Thermal coal prices recently touched a five-and-a-half year low of US$62.25 per tonne and the market has seen several mining companies announce plans to sell coal assets or take on partners to weather the downturn.

  • News

    Vale may sell part of its base metals division

    December 4, 2014 by Canadian Mining Journal Editor

    After paying almost US$20 billion for Inco in 2006, Vale (NYSE: VALE) says it may sell a portion of its base metals division to unlock value.