Canadian Mining Journal

Vale S.A.

  • News

    Vale buys Mitsui’s stake in Moatize amid plan to exit coal

    April 20, 2021 by Cecilia Jamasmie

    Vale SA (NYSE: VALE) has inked a deal to acquire Mitsui & Co’s stake in the Moatize metallurgical and thermal coal mine and port project in Mozambique, as the Brazilian miner works to exit the fossil fuel and become carbon

  • News

    Exclusive iron ore port could boost Vale expansion plan

    March 22, 2021 by Bruno Venditti

    The global production of iron ore products reached 2.2 billion tonnes in 2020 and is expected to reach 2.35 billion tonnes in 2021, according to Fastmarkets. Despite the Covid-19 pandemic, China has imported a record amount of iron ores, pushing

  • News

    Vale starts operations at Vargem Grande filtering plant

    March 18, 2021 by MINING.COM Staff

    Vale (NYSE: VALE) has gradually started operations at a waste filtering plant in the Vargem Grande complex, the first of four the company plans to install at sites in Minas Gerais, Brazil, at a cost of US$2.3 billion between 2020 and

  • News

    Vale accepting applications for MINE innovation challenge

    February 16, 2021 by Canadian Mining Journal Staff

    Vale is offering the MINE (Mining Innovation for a New Environment) program in collaboration with the MIT Professional Education, MIT Environmental Solutions Initiative, Brazil-based SENAI CIMATEC and startup accelerator the Bakery. The program gives 30 professionals the opportunity to help

  • News

    Iron ore price jumps as Vale reports low output

    February 4, 2021 by MINING.COM Staff

    Iron ore futures jumped on Thursday, after Vale reported fourth-quarter output of 84.5 million tonnes, a 5% decline over the third quarter (when it generated 88.6 million tonnes). According to Fastmarkets MB, benchmark 62% iron fines imported into northern China (CFR Qingdao)

  • News

    JV Article: New standard strives to improve safety and transparency in tailings management

    November 30, 2020 by Northern Miner staff

    The Global Tailings Review (GTR) released the first-ever Global Standard on Tailings Management in August. The standard aims to strengthen current best practices around the management of tailings dams in the mining industry, with the goal of zero harm to

  • Brazilian state rejects Vale’s US$4B offer for dam disaster

    November 19, 2020 by Cecilia Jamasmie

    The head of the Brazilian state of Minas Gerais, where Vale’s (NYSE: VALE) Brumadinho dam collapsed in January 2019 leaving 270 people dead, has rejected the miner’s proposed settlement of around 21 billion reais (US$3.97 billion). Minas Gerais’ Secretary General

  • News

    IRON: Brazil Minerals encouraged by resource estimates for Iron project

    July 21, 2020 by MINING.COM Staff

    BRAZIL – Brazil Minerals announced that an independent technical report for the Iron project in Minas Gerais estimates that the project area contains 7.4 million tonnes of iron ore, within a deposit that is up to 45 metres deep. The 16.7-sq.-km

  • COMMENTARY: Dominion Diamond latest to seek creditor protection

    May 13, 2020 by Marilyn Scales

    Blaming the COVID-19 pandemic, Dominion Diamond sought and was granted creditor protection last month. Mining was suspended in March due to requirements to limit the spread of the virus. Dominion is the 100% owner and operator of Canada’s first diamond

  • News

    Ex-Vale CEO and others charged with homicide for dam disaster in Brazil

    January 23, 2020 by Trish Saywell

    State prosecutors in Brazil have charged Vale’s former chief executive, Fabio Schvartsman, with homicide after the catastrophic tailings dam disaster last January at the company’s Feijao iron ore mine in Minas Gerais killed more than 250 people. Schvartsman left his position

  • News

    MINING PEOPLE: CIM, Ivanhoe Mines, Vale, and Wolfden

    May 2, 2019 by Canadian Mining Journal

    Earlier this week the Canadian Institute of Mining, Metallurgy and Petroleum recognized Roy Slack as the new president for a one-year term. He is the former president and is currently a board member of Cementation Americas. Toronto-based Ivanhoe Mines has

  • News

    IRON ORE: BMO updates production estimates for Vale after additional mine closure

    March 18, 2019 by Northern Miner Staff

    TORONTO – BMO Capital Markets has cut Vale’s iron ore production estimate this year by a further 30 million tonnes due to the continued suspension of the iron ore miner’s Brucutu mine, and the recent suspension of the Timbopeba mine. A