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Colin Bennett

Zambia Lures Vale, Vedanta in $6 Billion Copper-Mine Expansion - 0 views

  • Zambia, Africa’s largest copper- mining nation, is set to enter the world’s top five producers as Vale SA (VALE3), First Quantum Minerals Ltd. (FM) and Vedanta Resources Plc (VED) lead more than $6 billion of investment in the country’s mines.
Colin Bennett

Vale may leave ICMM over Rio Tinto lawsuit - 0 views

  • The Wall Street Journal, relying on unnamed sources who are "familiar with the situation", reports that Vale wrote a letter to the ICMM "regarding its membership in the body."
Glycon Garcia

Vale eyeing US$1.4bn in extra revenues with new copper biotechnology - 0 views

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    Brazilian miner Vale has been developing technology with the University of São Paulo (USP) to identify bacteria and fungi able to absorb copper particles, aiming to take economic advantage of tailings from mineral processing
Colin Bennett

Vale reports sharp increase in copper production - 0 views

  • Vale´s copper output jumped 30% to an all-time high in the second quarter of 2013, mainly due to the ramp-up of its operations in Brazil and Zambia.
Colin Bennett

KGHM, Vale sign deal to develop Victoria project - 0 views

  • KGHM International, a fully owned subsidiary of KGHM Polska Miedź, has signed an agreement with Vale Canada for the development of the Victoria project as well as the ore off-take to the mining company’s processing facilities in Sudbury, Canada.
Glycon Garcia

Paranapanema descarta utilizar cobre da Vale vindo de Salobo | Negócios | Reu... - 0 views

  • SÃO PAULO (Reuters) - A grande produção de cobre prevista pela Vale na mina de Salobo, no Pará, a partir de 2010, deverá se destinar à exportação, devido a questões tributárias que dificultam economicamente o uso da matéria-prima pela indústria local, informou a principal refinadora brasileira nesta terça-feira.
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    Paranapanema group will not use the copper produced by Vale in Brazil due to tax issues.
Colin Bennett

Chinalco, Anglo may join forces - 0 views

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    CHINALCO's interest in resources acquisitions and Anglo American's early moves into China back up the speculation that the two companies could engage in some form of partnership. Chinalco is the Chinese state-owned resources group tipped as a potential suitor to rescue Anglo American from the unwelcome advances of Xstrata, or as a co-investor in Anglo's MMX Minas- Rio iron-ore project in Brazil. Chinalco and Anglo American have declined to comment on the speculation that, after Anglo's board rejected Xstrata's all-share merger proposal last month, Anglo has been seeking a white knight in either Chinalco or Brazilian iron-ore giant Vale. Vale, though, has said publicly that it is not seeking acquisitions at present.
Colin Bennett

Vale´s copper production up 23% in Q1 2013 - 0 views

  • Production totalled 90,000 tonnes in the January-March period, compared with 73,000 tonnes a year ago, according to the company´s quarterly production report.
Colin Bennett

Vale plans new investments in iron ore, copper, other units - 0 views

  • "I can say that there are several projects and focused in the businesses that the company wants to concentrate: iron ore, nickel, copper, metallurgical coal and fertilizers",
Colin Bennett

Brazilian miner Vale to diversify into copper - 0 views

  • The Brazilian miner has boosted its 2015 copper output estimate by 45% to 1m tonnes in an effort to diversify its business to take advantage of rising prices
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Australia regulator targets iron ore in BHPB-Rio bid - 0 views

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    Australia`s competition regulator on Friday identified iron-ore as a potential major concern in evaluating mining giant BHP Billiton`s US$128 billion bid for rival Rio Tinto and said it would make a final ruling on the hostile takeover by October 1. The Australian Competition and Consumer Commission (ACCC) devoted most of its nine-page "statement of issues" to the proposed deal`s likely impact on the iron ore trade and, in particular, on Australian steel-makers. Rio Tinto and BHPB are the world`s second and third largest iron-ore producers, respectively, behind Brazil`s Vale. But the ACCC saw no major competition issues surrounding trade in copper, gold, uranium, bauxite and alumina.
Colin Bennett

Vale's copper production drops 11.3% in second quarter - 0 views

  • Vale’s copper output fell by 11.3% in the second quarter year-on-year, mainly affected by a planned maintenance shutdown at its Canadian operations.
Colin Bennett

Copper production in Zambia on track for 1.5m tonnes in 2017 - 0 views

  • According to The Africa Report new projects due to come on stream include the expansion of the Lumwana mine, Canadian firm First Quantum's $2 billion greenfield Trident project, China Nonferrous Mining Corporation's $832m project and the Lubambe mine – a joint venture by Brazil's Vale, South Africa's African Rainbow Minerals and state-owned ZCCM Investments.
Glycon Garcia

Folha Online - Dinheiro - Lucro da Vale sobe 48,95% e bate R$ 20 bilhões em 2... - 0 views

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    CVRD Brazilian Mining Company reports a copper production record of 284 k ton
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