Vale Suspends Nickel Sales
Reuters reported Vale (NYSE:VALE) will suspend sales and purchase agreements at its Goro project on the French Pacific island of New Caledonia after an accident at the mine's sulfuric acid plant.
Reuters reported Vale (NYSE:VALE) will suspend sales and purchase agreements at its Goro project on the French Pacific island of New Caledonia after an accident at the mine's sulfuric acid plant.
Reuters reported Vale's (SAO:VALE5) nickel production likely fell in the first quarter.
Bloomberg reported Indonesia's new law regarding foreign ownership isn't slowing companies from investing in the mineral rich nation.
Mining Weekly reported Vale (SAO:VALE) said work at its Sudbury nickel mine halted due to a fatality, but production output will not be impacted.
Bloomberg reported Vale SA (SAO:VALE5) plans to invest $21.4 billion on mining projects in 2012 after failing to meet spending targets this year.
CNBC reports that Vale (NYSE:VALE,SAO:VALE5) has been outbid by Jinchuan Group (FRA:GDZD,ETR:GDZD) for Metorex (JNB:MEMTX,PINK:MRXLY).
Bloomberg reports that Jinchuan Group Co. may outbid Vale SA (NYSE:VALE) for Metorex Ltd. (PINK:MRXLY).
Forbes reports a price estimate for Vale (NYSE:VALE,SAO:VALE5) at $42, which is roughly 30% ahead of market price.
Forbes reports that their price estimate for Vale (NYSE:VALE,SAO:VALE5) is $42, which is roughly 30% ahead of market price.
Bloomberg reports since Murilo Ferreira helped Vale SA (ETR:CVLC,FRA:CVLC) win a takeover he has built a global nickel business.
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