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Vale SA (VALE3.SA)

VALE3.SA on Sao Paulo Stock Exchange

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Thu, May 16 2019

Vale warns Brazil prosecutors another dam at risk of collapse

RIO DE JANEIRO Brazilian iron ore miner Vale SA told prosecutors in the state of Minas Gerais that a dam is at risk of rupturing at its Gongo Soco mine, about 40 miles from where its Brumadinho dam collapsed, killing more than 230 people.

UPDATE 1-Vale warns Brazil prosecutors another dam at risk of collapse

RIO DE JANEIRO, May 16 Brazilian iron ore miner Vale SA told prosecutors in the state of Minas Gerais that a dam is at risk of rupturing at its Gongo Soco mine, about 40 miles from where its Brumadinho dam collapsed, killing more than 230 people.

Vale tells prosecutors there is the risk of rupturing of new dam in Minas

RIO DE JANEIRO, May 16 Brazilian iron ore miner Vale SA told prosecutors in the state of Minas Gerais that a dam is at risk of rupturing at its Gongo Soco mine, about 40 miles (65 kilometers) from where its Brumadiho dam collapsed, leaving more than 230 people dead.

Brazil's Vale says may expand Carajas Serra Sul mine, doubling output

SAO PAULO Brazilian miner Vale SA said on Tuesday it is considering doubling the output of its Carajas Serra Sul iron ore mine in the northern part of the country after 2020, saying the move would allow it to cut the use of tailings dams.

Brazil's Vale says co is reviewing its asset portfolio

SAO PAULO, May 14 Brazilian miner Vale SA is reviewing its assets portfolio, considering their risk and return, the company said in slides prepared for a presentation to investors on Tuesday.

Vale CFO says hopes to restore lost output within two to three years

RIO DE JANEIRO/SANTIAGO Brazilian miner Vale SA expects to restore capacity lost after the deadly Brumadinho tailings dam burst within two to three years, executives said on Friday, emphasizing that the company is not rushing to resume full output.

UPDATE 2-Vale CFO says hopes to restore lost output within two to three years

RIO DE JANEIRO/SANTIAGO, May 10 Brazilian miner Vale SA expects to restore capacity lost after the deadly Brumadinho tailings dam burst within two to three years, executives said on Friday, emphasizing that the company is not rushing to resume full output.

Brazil's Vale CFO expects Samarco joint venture output to resume by 2H 2020

SANTIAGO, May 10 Vale's chief financial officer said on Friday that the Brazilian miner expects iron ore production at its Samarco joint venture with BHP Group Ltd to resume in the second half of 2020 after a tailings dam burst in 2015.

Vale CFO says hopes to return to 400 mln tonnes annual output in 2-3 years

SANTIAGO/RIO DE JANEIRO, May 10 Brazilian miner Vale's chief financial officer said on Friday that the company could restore production to a level of 400 million metric tonnes of iron ore within 2 to 3 years after a deadly dam burst curtailed activity at several mines.

Vale's new CEO says committed to reparations for dam burst victims

SANTIAGO/RIO DE JANEIRO Brazilian miner Vale SA's newly appointed Chief Executive Eduardo Bartolomeo said during his first conference call with analysts that the miner is fully committed to paying reparations to those affected by a deadly dam burst in January.

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