Coal – Reuters reported that Vale SA (NYSE:VALE) intends to sell a 15- to 25-percent stake in its coal operations as it works to bring in funding, cut capital commitments and help mitigate risk. The company has already seen interest from potential partners.
Articles Tagged "Vale"
Coal – Mineweb reported that attendees of the Coaltrans Mozambique conference were told that the country's major coal producers, such as Rio Tinto plc (ASX:RIO,LSE:RIO,NYSE:RIO) and Vale SA (NYSE:VALE), need to decrease their logistics costs in order to become profitable.
Potash – Brazil and Chile are the leading potash producers in South America. Here's a look at some of the projects in those countries as well as the companies operating them.
Nickel – Bloomberg reported that in early 2014, Vale SA (NYSE:VALE) and Glencore Xstrata plc (LSE:GLEN) will start formal negotiations to combine some of their operations in Canada's Sudbury Basin. Last month, news surfaced that the companies were in the early stages of discussion.
Iron – Now may be the time to take another look at iron ore companies as an investment, with many making major gains over the last 3 months.
Nickel – Mineweb reported that during the third quarter of 2013, Vale SA (NYSE:VALE) recorded strong nickel production, putting out 62,000 tonnes, a 27.5-percent increase from the 49,000 tonnes it produced in the year-ago quarter.
Premier Gold Mines, Alamos Gold, Vale and Agrium were among the companies that analysts saw as offering the best upside for resource investors.
Nickel – Glencore Xstrata and Vale are reportedly again in talks about combining their nickel-mining operations in Canada's Sudbury Basin.
Nickel – Late on Friday, Reuters reported that Glencore Xstrata plc (LSE:GLEN) and Vale SA (NYSE:VALE) are once again talking about combining their nickel mining operations in Canada's Sudbury Basin. Cost cutting is one reason they are considering the move.
Potash – Mining Weekly reported that Brazilian mining giant, Vale, is seriously considering starting output from a $4-billion potash project in Brazil's north-eastern Sergipe state by 2017.