Vale (mining company)
Faithful pray in a temple in Vale do Amanhecer (Sunrise Valley), a mystical city four kilometres from Brasilia, on April 29, 2013. The Vale do Amanhecer is the largest spiritualist community in the Federal District, with more than 10000 residents. It was based upon the doctrine of the Dawn founded by Brazilian truck driver Neiva Zelaya, known as 'Aunt Neiva' 53 years ago in a region that mystics claim has a high concentration of cosmic forces. Since then the city has attracted esotericists and there is even a developping esoteric tourism in Brasilia and surroundings.
Connections
Quotes
Vale doesn't consider the production of bricks in Moatize to have been paralyzed or to be paralyzed by the coal-mining project ... It was merely transferred from the area of the mining concession to another area in Moatize, where it continues to be done.
We consider it our duty to fight to increase our market share for iron ore in Brazil ... Vale is a mining company and we don't want to lead any new [steel] projects in Brazil.
Apple, which recently traded at its lowest levels since December of 2012, is more widely owned by TD Ameritrade clients than ever before as additional clients established positions at lower price points ... Clients were net buyers of names in the basic materials sector including Cliff Natural Resources, Alcoa Inc and Vale S.A.More quotes »
Around the web
-
Vale Has Substantial Upside Potential
over the book value. However, they can be good plays to invest in global economic recovery. Based on my FED+ valuation, Vale is trading at least 6% below its fair value range. I rate Vale as a buy for long-term investors. At the current prices, Vale is trading 5/20/13 from Seeking Alpha Read more »
-
Mining Giants Face Reality Of Soft Global Demand
is forcing the global mining giants to sell less lucrative assets of falling quality. BHP Billiton (BHP) the world's biggest mining company and third leading iron-ore miner behind Vale (VALE) and Rio Tinto (RIO), is now planning to sell 10 assets as the company 5/20/13 from Seeking Alpha Read more »
-
Vale's Coal Woes Continue... For Now
or coking coal market. While the short-term effects of the Moatize coal mine in Mozambique will have some impact on the company, over the long term Vale is positioning itself for a solid, growing coal business. The successful completion of the railway and from Seeking Alpha Read more »
-
Cliffs Still Has a Long Way to Climb
by an annualized 6% over the next five years. How do the comps stack up? Vale (NYSE: VALE) is a Brazil-based metals and mining company. Vale's iron ore production fell by 3.5% year over year during 1Q 2013, after various licensing and permits issues. Heavy from Motley Fool Read more »
-
Brazil's Vale cuts Mozambique coal export
© Copyright 1999 - 2012 Independent Online, a division of Independent Newspapers (Pty) Limited. The copyright in the literary and artistic works contained in this online news publication and its other related and connected websites, as well as in the publi from Independent Online (South Africa) Read more »