Vale SA (VALE5.SA)
R$ 0.09 (+0.57%)
|Market Cap(Mil.):||R$ 89,151.47|
RIO DE JANEIRO, Sept 28 - Brazil's Vale SA said on Monday it plans to cut its dividend for the year by $500 million in order to help shore up the miner's balance sheet in the face of weaker commodity prices, especially iron ore.
RIO DE JANEIRO, Sept 24 - Brazilian miner Vale SA said on Thursday it approved the election of Jennifer Maki as executive director of the company's base metals division.
* China steel exports seen at 100 mln T/year as local demand peaks (Adds details throughout)
SAO LUIS, Brazil, Sept 19 - Two kilometers out to sea, workers battle treacherous currents to build a huge dock capable of loading the largest iron ore ships on earth, a vital step as Brazil's Vale fights for dominance in a tumbling market.
RIO DE JANEIRO, Sept 14 - Murilo Ferreira will take a leave of absence as chairman of state-run oil firm Petrobras, turning his full attention to his job as chief executive officer of Vale SA as the mining company grapples with a downturn in the sector.
RIO DE JANEIRO, Sept 14 - Murilo Ferreira will take a leave of absence as chairman of state-run oil firm Petrobras, turning his full attention to his job as chief executive of Vale SA as the mining giant grapples with a downturn in the sector.
RIO DE JANEIRO, Sept 14 - The chairman of Brazil's Petrobras, Murilo Ferreira requested leave from the state-run oil company to focus on running mining giant Vale SA, a senior Petrobras source said on Monday.
RIO DE JANEIRO, Sept 11 - Brazilian miner Vale SA said on Friday it launched a public offering for 1.35 billion reais ($352 million) of debentures.
SAO PAULO, Sept 8 - Brazilian electricity utility Cemig is considering acquisitions of power generation and transmission assets as a way to maintain current levels of revenues if it loses its concessions for three key hydro power plants, a company official said on Tuesday.
SAO PAULO, Sept 4 - China's stock market crash and currency devaluation have not dampened the optimism of mining giant Vale's chief executive, who said he is most upbeat on the iron ore market in two years, according to a newspaper interview published Friday.
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