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Vale

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Reuters - 4 일 전

BHP, Vale agree deal over 2015 Brazil dam collapse proceedings in UK

UPDATE 4-BHP, Vale agree deal over 2015 Brazil dam collapse proceedings in UK Adds comment from law firm in paragraph 11 By Roushni Nair July 12 (Reuters) - Mining giant BHP BHP.AX said on Friday it had reached a deal with Brazilian peer Vale VALE3.SA to split equally the cost of any damages related to proceedings in Britain over a 2015 dam collapse in Brazil that killed 19 people, while denying liability for related claims.
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Reuters - 4 일 전

BHP reaches agreement with Vale over UK proceedings for 2015 dam collapse

BHP reaches agreement with Vale over UK proceedings for 2015 dam collapse July 12 (Reuters) - Australia's BHP BHP.AX said on Friday it has reached an agreement with Brazilian miner Vale VALE3.SA over proceedings in the United Kingdom related to damage caused by a 2015 dam collapse that killed 19 people in Brazil. Reporting by Roushni Nair in Bengal
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Reuters - 4 일 전

BHP, Vale In Agreement On UK Group Action Proceedings Related To Fundao Dam Failure

BRIEF-BHP, Vale In Agreement On UK Group Action Proceedings Related To Fundao Dam Failure July 12 (Reuters) - BHP Group Ltd BHP.AX : BHP GROUP - ENTERED INTO AN AGREEMENT WITH VALE S.A (VALE) IN RELATION TO GROUP ACTION PROCEEDINGS IN UNITED KINGDOM BHP GROUP - GROUP ACTION PROCEEDINGS IN RESPECT OF FUNDÃO DAM FAILURE IN BRAZIL. BHP GROUP - DOES N
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Reuters - 5 일 전

Brazilian miner Vale partners with Komatsu, Cummins to develop low-emission trucks

Brazilian miner Vale partners with Komatsu, Cummins to develop low-emission trucks July 11 (Reuters) - Brazilian mining giant Vale VALE3.SA said on Thursday it has partnered with Japan's Komatsu 6301.T and U.S.-based Cummins CMI.N to develop and test haul trucks powered by a mixture of ethanol and diesel. The dual-fuel engines made by Cummins will be retrofitted to the mining company's existing fleet of diesel-powered haul trucks, making them capable of using up to 70% ethanol and reducing direc
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Reuters - 5 일 전

Zambia says China's JCHX will invest $300 mln in Lubambe copper mine

Zambia says China's JCHX will invest $300 mln in Lubambe copper mine LUSAKA, July 11 (Reuters) - China's JCHX Mining 603979.SS plans to invest $300 million to breathe new life into Zambia's Lubambe Copper Mines which it recently acquired, Zambia's state mining investment unit, ZCCM-IH ZCCM.LZ said on Thursday. JCHX will invest in the Lubambe operations and extend the life of the copper mine, ZCCM-IH, the local partner, said.
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Reuters - 1 주 전

Candidates to be next CEO of Brazil miner Vale recommended, newspaper says

UPDATE 2-Candidates to be next CEO of Brazil miner Vale recommended, newspaper says Adds Vale's comment in paragraph 4 SAO PAULO, July 9 (Reuters) - A consulting firm hired by Brazilian mining company Vale VALE3.SA to help with its chief executive succession process has presented its board of directors with 15 potential candidates, local newspaper O Globo reported on Tuesday.
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Reuters - 1 주 전

Firm hired to help Vale pick new CEO recommends 15 candidates, newspaper says

Firm hired to help Vale pick new CEO recommends 15 candidates, newspaper says SAO PAULO, July 9 (Reuters) - A consulting firm hired by Vale VALE3.SA to help it with its CEO succession process has presented the Brazilian miner's board of directors with 15 potential candidates, local newspaper O Globo reported on Tuesday. Among those suggested by Russell Reynolds for Vale's top job are the heads of big Brazilian firms, the report said, naming Embraer's Francisco Gomes Neto, Gerdau's Gustavo Wernec
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Reuters - 2 주 전

U.S. Constellation Brands, Frontier Group Holdings, Spirit Airlines

U.S. RESEARCH ROUNDUP-Constellation Brands, Frontier Group Holdings, Spirit Airlines July 5 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Constellation Brands, Frontier Group Holdings and Spirit Airlines, on Friday. HIGHLIGHTS * Constellation Brands STZ.N : Jefferies raises target price to $311 from $310 * Frontier Group Holdings Inc ULCC.O : Raymond James cuts to underperform from market perform * Moody's Corp MCO
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Reuters - 2 주 전

Rio signs law to smooth path for new Brazil financial exchange to rival B3

UPDATE 1-Rio signs law to smooth path for new Brazil financial exchange to rival B3 Adds details, context in paragraphs 2-5 RIO DE JANEIRO, July 3 (Reuters) - Brazil's Rio de Janeiro city signed into law a bill that lowers taxes for the opening of a new financial exchange to compete with Sao Paulo's B3 B3SA3.SA , its mayor Eduardo Paes said on Wednesday.
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Reuters - 2 주 전

Brazil's Vale pledges to quickly replace outgoing board members

UPDATE 1-Brazil's Vale pledges to quickly replace outgoing board members Adds details about Inkster's exit from the board in paragraphs 7-8 RIO DE JANEIRO, July 2 (Reuters) - Brazilian miner Vale VALE3.SA on Tuesday pledged to "proceed swiftly" to replace two independent board members who have resigned in the last few months, one citing allegations of political influence in the CEO succession plan.
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Reuters - 2 주 전

Brazil's Vale pledges to quickly replace outgoing board members

Brazil's Vale pledges to quickly replace outgoing board members RIO DE JANEIRO, 2 July (Reuters) - Brazilian miner Vale VALE3.SA on Tuesday pledged to "proceed swiftly" to replace two independent board members who have resigned in the last few months. The departure of Vera Marie Inkster on Monday, which followed the resignation of Jose Penido in March, left Vale's board with six independent members, below the seven required by the firm's bylaws.
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Reuters - 2 주 전

Vale reports second board exit in four months amid CEO search

UPDATE 1-Vale reports second board exit in four months amid CEO search By Marta Nogueira RIO DE JANEIRO, July 1 (Reuters) - Brazilian miner Vale VALE3.SA has lost its second board member in less than four months, it said in a filing on Monday, reporting the resignation of Vera Marie Inkster. Vale, which is in the process of looking for a new CEO, gave no reason for Inkster's resignation in the filing.
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Reuters - 3 주 전

Brazil's Lula says deal with Vale on Mariana disaster '90% done'

Brazil's Lula says deal with Vale on Mariana disaster '90% done' SAO PAULO, June 28 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Friday that a deal with miner Vale VALE3.SA for reparations over the 2015 Mariana tailings dam disaster is 90% done and final details should be hammered out soon. WHY IT'S IMPORTANT Vale, BHP BHP.AX and their joint venture Samarco have presented Brazilian authorities with an offer totaling 140 billion reais ($25.18 billion) to settle reparations ov
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Reuters - 3 주 전

Brazil's Lula renews criticism of central bank for 'unreal' interest rate

Brazil's Lula renews criticism of central bank for 'unreal' interest rate SAO PAULO, June 28 (Reuters) - Brazilian President Luiz Inacio Lula da Silva on Friday renewed his criticism of the country's central bank, saying in an interview it was "unreal" for the benchmark interest rate to stand at 10.50% while annual inflation runs at around 4%. "I understand the interest rate is a tool to control inflation, but inflation is now controlled and within the target range," Lula told a local radio stat
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Reuters - 3 주 전

Claimants for deadly Mariana dam collapse file injunction against BHP, Vale

Claimants for deadly Mariana dam collapse file injunction against BHP, Vale LONDON, June 27 (Reuters) - Lawyers representing claimants taking legal action over Brazil's worst environmental disaster filed an injunction this week against miners BHP and Vale for "trying to derail" a potential 36 billion-pound ($46 billion) London lawsuit. More than 720,000 Brazilians, including 46 local governments, are suing BHP BHP.AX and Vale VALE3.SA over the 2015 collapse of the Mariana dam, which was owned an
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Reuters - 3 주 전

Vale expects to regain Onca Puma and Sossego copper mine licences

UPDATE 1-Vale expects to regain Onca Puma and Sossego copper mine licences Adds detail and background, paragraphs 2-5 SAO PAULO, June 27 (Reuters) - Vale VALE3.SA has reached a deal with the state of Para to have the operating licenses of its Onca Puma nickel mine and Sossego copper mine reinstated, the Brazilian miner said in a securities filing on Thursday.
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Reuters - 3 주 전

Vale inks deal with Brazil state to resume Onca Puma, Sossego operations

Vale inks deal with Brazil state to resume Onca Puma, Sossego operations SAO PAULO, June 27 (Reuters) - Vale VALE3.SA has reached a deal with the state of Para to have the operating licenses of its Onca Puma nickel mine and Sossego copper mine reinstated, the Brazilian miner said in a securities filing on Thursday. Both licenses are expected to be reinstated within 48 hours, Vale said, adding it would then resume operations at both mines "as soon as possible".
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Reuters - 3 주 전

Top four iron ore miners' carbon emissions reduction promises

FACTBOX-Top four iron ore miners' carbon emissions reduction promises MELBOURNE, June 26 (Reuters) - Here are the carbon reduction targets and goals set out by the world's biggest four iron ore miners. RIO TINTO Rio Tinto RIO.AX initially said it planned to cut operational or Scope 1 and 2 emissions by 15% by 2025, before later saying it could only meet those targets by buying offsets.
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Reuters - 3 주 전

Brazil's Vale Raises $1 Billion With The Issuance Of Notes Expiring In 2054 At 6.458% Yield

BRIEF-Brazil's Vale Raises $1 Billion With The Issuance Of Notes Expiring In 2054 At 6.458% Yield June 25 (Reuters) - Vale SA VALE3.SA : SUBSIDIARY RAISES $1 BILLION WITH THE ISSUANCE OF NOTES EXPIRING IN 2054 AT 6.458% YIELD - FILING Source text for Eikon: ID:nBVSFF1MYa Further company coverage: VALE3.SA Reporting by Sao Paulo newsroom
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Reuters - 3 주 전

Vale Announces Cash Tender Offers For Notes Due 2036, 2039 And 2034

BRIEF-Vale Announces Cash Tender Offers For Notes Due 2036, 2039 And 2034 June 25 (Reuters) - Vale Overseas Ltd [RIC:RIC:VALEO.UL]: VALE ANNOUNCES CASH TENDER OFFERS FOR NOTES DUE 2036, 2039 AND 2034 VALE OVERSEAS: COMMENCEMENT OF OFFERS TO PURCHASE FOR CASH UP TO US$500 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SOME OUTSTANDING NOTES ISSUED BY IT S
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