SAMARCO

Mozambique Mining: After record loss, Vale mulls core assets sale

Posted on February 26, 2016 by Mozambique Resources Post

Brazil’s mining giant Vale (NYSE:VALE) reported Thursday its deepest quarterly net loss ever, becoming at the same time the first of the three largest iron ore producers to put some of its core assets up for sale.

Mining & Environment: “BHP, Vale not shielded from dam disaster repercussions,” say lawyers

Posted on November 12, 2015November 12, 2015 by Mozambique Resources Post

When BHP Billiton and Vale started a joint iron-mining venture in rural Brazil nearly 40 years ago, the mining giants created a new corporate entity: a limited-liability company that, in theory, protected its owners from litigation in case of disaster.

Global Mining: Bloomberg estimates Vale iron ore production at 83.3Mt in Q3

Posted on October 23, 2014 by Mozambique Resources Post

Vale will release tomorrow the production report for the third quarter of 2014. According to a survey by Bloomberg, the production of iron ore from Brazilian mining will be approximately 83.3 million tons, excluding the participation that Vale has in Samarco. The volume would represent an increase of 0.3% compared to the same period last year.(Source: Infomine)