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Vale Do Rio DoceVALE3:SAO

30.71
0.32 / 1.03%
2.82m
24.75%
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Latest price in BRLToday's changeShares traded1 year changeBeta
As of Jun 19 2013 19:58 BST.Data delayed by at least 15 minutes.

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Jun 19 2013 18:01 BST
Iron ore rebounds on low Chinese stocks
Iron ore prices have rebounded to $120 a tonne, bucking the slide in other industrial metals and supporting investor sentiment towards the beleaguered mining sector. Benchmark Australian iron ore has risen 8.2 per cent in the last week, hitting a 2½-week high of $120 a tonne on Wednesday. The commodityBy Jack Farchy
Jun 19 2013 00:43 BST
Royalty rise tests Brazilian mining relations
Brazil's president Dilma Rousseff on Tuesday launched a mining bill that proposes to potentially double royalties in a move that will test strained relations with investors. But the long-awaited proposal, which will now go before Congress, was less onerous than some in the industry had feared when negotiations on itBy Joe Leahy in Rio de Janeiro
Jun 12 2013 23:08 BST
Mining code setback to Guinea project
One of Africa's largest undeveloped mining projects will miss its planned 2015 start date as the Rio Tinto-led group that owns the concession tries to strike a deal with Guinea's government about up to $20bn of required investment. Guinea's Simandou mountain is one of the world's highest-grade iron ore depositsBy James Wilson and Cynthia O'Murchu in London
Jun 10 2013 20:02 BST
Steinmetz and Malloch-Brown settle Guinea damages claim
Legal action that pitted an Israeli diamond tycoon against a former UK government minister - and involved the billionaire investor George Soros and one of Africa's richest mineral deposits - has been settled for €90,000. Beny Steinmetz Group Resources, which is managed on behalf of the Steinmetz family, had suedBy James Wilson and Cynthia O'Murchu in London
Jun 09 2013 20:58 BST
Ansteel braced for 'long-term struggle'
Iron ore prices will fall dramatically during the second half of this year due to sluggish steel demand in China, the head of Anshan Iron and Steel, China's fourth-largest steelmaker by output, has predicted in a rare and candid assessment. Zhang Xiaogang, Ansteel chairman, told the Financial Times he expectedBy Leslie Hook in Beijing
Jun 09 2013 19:28 BST
The Week Ahead: June 10 - June 16
Diary commentary from FT reporters; data and company announcements, unless otherwise stated, from Thomson Reuters. Company announcements are of information publicly available before last week. < The tabular content relating to this article is not available to view. Apologies in advance for the inconvenience caused. > Earnings Diamond Foods Q3
Jun 02 2013 14:39 BST
Departure opens the door for Verde Potash
For Cristiano Veloso, Vale's decision to abandon its potash project in Argentina was the best news he had heard in years, writes Samantha Pearson. Since 2008 his company, Verde Potash, has been developing its own $2.3bn potassium venture in Brazil's southeastern state of Minas Gerais. With Vale's Rio Colorado mine
Jun 02 2013 14:39 BST
Argentines hope Lula will pull off miracle on potash mine
It was an unnerving sight for Vale's investors. Dressed in a traditional Andean poncho, Brazil's former president Luiz Inácio Lula da Silva was pictured in Argentina in May discussing the future of the miner's suspended potash project. "We are trying to make the venture viable and he seemed open toBy Samantha Pearson in São Paulo
May 31 2013 18:25 BST
Iron ore suffers sharp fall on China fear
Iron ore prices suffered their sharpest fall in more than a year this week as steel traders and mills rushed to dump their stocks amid fears over the outlook for Chinese demand. The price of iron ore is crucial to the global economy, as it is used to make steelBy Jack Farchy in London
May 29 2013 20:42 BST
Iron ore hit by Chinese steel doldrums
Iron ore prices tumbled to a seven-month low on Wednesday as negativity spread through the Chinese steel industry. Analysts said that both traders and steelmakers in China, which accounts for 60 per cent of global seaborne iron ore imports, had been selling down stocks amid widespread anxiety about the outlookBy Jack Farchy in London
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