iron ore prices

Global Mining: Vale’s Sudbury assets finally come of age

Posted on November 5, 2014 by Mozambique Resources Post

Even with iron ore prices in the gutter, the national currency at a low ebb, a chief executive touted as the country’s next finance minister and the posting of a hefty September quarter loss, Brazil’s Vale still seems to have something to cheer about, the Mining Journal reports.

You Must Know This: Vale admits concern over the price of iron ore

Posted on October 2, 2014 by Mozambique Resources Post

Director of Strategic Planning at Vale, Stephen Potter, said the company is also concerned about the fall in the price of iron ore, which fell below $80 a tonne recently. The statement was made during the International Mining and Resources Conference, held in Melbourne, Australia.

Global Markets: Vale to analysts – “End fixation on China, iron-ore price”

Posted on August 5, 2014 by Mozambique Resources Post

Analysts following Brazil’s Vale should stop obsessing over iron-ore prices and Chinese demand to focus instead on the company’s other divisions and cost cuts, one of the miner’s top executives said on Thursday.