Vale Int (VALE) News

UPDATE: Junior Iron Ore Miners Move To Flexible Pricing

Junior iron ore miners watching the weakening of the annual iron ore benchmark pricing system from the sidelines are increasingly moving toward...

CISA Denies Report Iron Ore Price Talks Halted With Rio, BHP

China Iron and Steel Association officials said Tuesday that iron ore negotiations were ongoing, despite a domestic media report saying the...

LATIN AMERICAN MARKETS: Brazil Jumps After Upbeat Manufacturing Data

By Carla Mozee Brazilian and Mexican equities vaulted Monday to levels not seen in roughly a year following a round of better manufacturing data...

Brazil Miner Vale Reports Oil, Gas Find In Santos Basin

Brazilian mining company Vale SA (VALE) confirmed Friday the existence of oil and gas deposits at its Vampira exploratory well in the Santos Basin...

UPDATE: China Assoc Wants "Reasonable Solution" In Ore Talks

Quashing speculation that a resolution was imminent or had been secretly reached over troubled iron ore price talks between global miners and...

China Assoc: Hope Iron Ore Talks Reach 'Reasonable Solution'

China, the world's biggest iron ore importer, hopes annual iron ore talks will reach a "reasonable solution," said Luo Bingsheng, vice chairman of...

Brazil's Vale Lost $1 Billion Revenue From 1st Half 09 Iron Ore Discounts

Brazilian mining company Vale SA(VALE) saw a first-half 2009 revenue loss of $1 billion from iron ore contract discounts, Jose Carlos Martins...

Brazil's Vale Sees Signs China Opting For Ore Term Deals

Brazilian miner Vale S.A. (VALE) sees signs Chinese steel companies are opting for iron ore term contract prices instead of the spot market, a...

UPDATE:BHP Confirms Shift To More Flexible Iron Ore Pricing

BHP Billiton Ltd. (BHP) has taken a significant step forward in its campaign to change the way iron ore is priced, announcing that 30% of its...

LATIN AMERICAN MARKETS: Brazil Slips; Mexican Benchmark Dodges Losses

By Carla Mozee Brazilian stocks slipped and Mexican stocks managed to wiggle out of negative territory on Tuesday in the wake of a downbeat...

LATIN AMERICAN MARKETS: Mexico, Brazi Benchmarks Set To Post Losses

By Carla Mozee Equities in major Latin American markets fell Tuesday in the wake of a downbeat outlook for crude demand and a report that U.S...

Repsol Finds Traces Of Oil, Gas In Brazil's Santos Basin

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Brazil Vale, Italy's Eni Discover Gas In Offshore Block

The Brazilian unit of Italy's Eni SpA (E) and mining company Vale (VALE) reported late Friday a natural gas discovery at an offshore block in the...

UPDATE: China Iron Ore Price Deal Unlikely This Week -Source

China's standoff with global miners over this year's iron ore term price isn't expected to be resolved this week, a person familiar with the...

Miners Unlikely To Agree On China Iron Ore Price This Week-Source