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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The mining giant of Brazil, Vale, announced that it received an operating license for the exploration of the S11D iron ore mine in the Amazon state of Pará. This is...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Cargo movement at Brazil’s main ports registered a record in 2015, totaling 1,006 billion tons, according to the Ports Secretary Office. The volume is the highest ever registered in the...
By Maria Lopez Conde, Contributing Reporter RIO DE JANEIRO, BRAZIL – A number of companies created to make use of Brazilian mining giant Vale's iron ore have shut down their operations in Carajás, home to the world’s largest iron ore...
By Andrew Willis, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazilian miner Vale suffered a series of financial setback’s last week that will significantly hit fourth quarter figures this year, the company said. The Rio-headquartered company settled two tax...
By Andrew Willis, Contributing Reporter RIO DE JANEIRO, BRAZIL – A mining bill in Brazil aims to create a powerful new independent regulator for the sector, endowed with powers to auction mining concessions and set minimum investment levels for companies....
By Mary Carroll, Contributing Reporter RIO DE JANEIRO, BRAZIL – A logistics project worth US$4.1 billion has been stopped in its tracks, as the world’s largest iron ore producer, Vale, was forced to suspend work on the extension of the...
By Stephen Eisenhammer, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Vale, the Brazilian mining giant, has sold its coal operations in Colombia to CPC S.A.S., a unit of privately-held Colombian Natural Resources SAS, for US$407 million, the company announced...
By Stephen Eisenhammer, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Vale, the Brazilian mining giant and the world’s largest iron ore exporter, said Friday that it expected a resolution to the impasse surrounding the access of its giant vessels, known...
By Stephen Eisenhammer, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - MMX, the mining part of the industrial conglomerate EBX owned by Brazil’s richest man, Eike Batista, is entering the final phase of construction of its iron ore export port in...
By Laura Madden, Contributing Reporter RIO DE JANEIRO, BRAZIL - Vale is the world's largest producer of iron ore, and the second largest mining company in the world, and along with Petrobras, headquartered in Rio de Janeiro. On January...
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