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Iron Ore Price and Demand Future, Vale Beats BHP, Rio as Top Pick on China Ore Demand
Cia. Vale do Rio Doce fell 27 percent this year in Sao Paulo, heading for the first annual decline since 2000. Now analysts say the world’s largest iron-ore producer is poised for its best performance in a decade.
Vale may double in the next year, more than twice the expected gains for the world’s biggest mining […]
Mining merger would boost competition in Brazil
Resource-rich Brazil is in the crosshairs of world mining giants as they race to uncover new deposits to feed red-hot demand for metals from fast-growing economies such as China.
Analysts say the possible mining sector takeover of Rio Tinto by BHP Billiton would boost competition for CVRD on its home turf in Brazil, where some of […]
Gemcom Signs Agreement With the University of Sao Paulo to Establish Centre of Mining Research Excellence
Gemcom Software International (TSX:GCM), a global supplier of specialised mining productivity solutions, and Laboratory of Mine Planning Technology (LAPOL), from the Department of Mining and Petroleum Engineering of University of Sao Paulo (USP), announced today the signing of a technical cooperation agreement, to establish LAPOL as a Centre of Mining Research Excellence of Gemcom technology […]
Nippon Steel, Vale to Study Joint Coal, Ore Projects (Update2)
Nippon Steel Corp., Asia’s biggest steelmaker, and Brazil’s Cia. Vale do Rio Doce. said they had signed an alliance to study the joint development of coal and iron ore projects.
The accord, signed by Nippon Steel President Akio Mimura and Vale Chief Executive Officer Roger Agnelli, didn’t list details of the projects’ possible locations, costs or […]
