CORRECTION FROM SOURCE/Canadian Banking Group Led by Export Development Canada Co-Finance USD 775 M for Brazil's Vale
Marketwire - Tue Apr 08, 11:22AM CDT
This document corrects and replaces the press release that was sent today, April 8, 2014 at 10:21 am EDT. The error occurred in the 2nd paragraph where it should have read "...and The Bank of Nova Scotia providing the remaining USD 275 M."
CORRECTION FROM SOURCE/Canadian Banking Group Led by EDC Co-Finance USD 775 M for Brazilian Mining Leader Vale
Marketwire - Tue Apr 08, 10:39AM CDT
This document corrects and replaces the press release that was sent today, April 8, 2014 at 10:21 am EDT. The error occurred in the 3rd paragraph where it should have read "...and The Bank of Nova Scotia providing the remaining USD 275 M."
Exercise Caution With Molycorp Inc for Now
Charles Sherwood, The Motley Fool - Motley Fool - Tue Apr 08, 9:41AM CDT
The recent ruling by the World Trade Organization against China and its export restrictions may drive the price of rare earths even lower and hurt rare earth miner Molycorp . The WTO deemed that China had been using export taxes and quotas to...
Canadian Banking Group Led by Export Development Canada Co-Finance USD 775 M for Brazil's Vale
Marketwire - Tue Apr 08, 9:38AM CDT
A Canadian banking partnership led by Export Development Canada (EDC) today announced USD 775 million in financing for the global capital expenditure plans of Vale SA, Brazil's mining leader.
Canadian Banking Group Led by EDC Co-Finance USD 775 M for Brazilian Mining Leader Vale
Marketwire - Tue Apr 08, 9:22AM CDT
A Canadian banking partnership led by Export Development Canada (EDC) today announced USD 775 million in financing for the global capital expenditure plans of Vale SA, the Brazilian mining conglomerate.
After Yesterday's Rally of 3.45% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Apr 07, 4:30PM CDT
Vale (NASDAQ:VALE) traded in a range yesterday that spanned from a low of $14.52 to a high of $15.05. Yesterday, the shares gained 3.5%, which took the trading range above the 3-day high of $14.80 on volume of 30.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SmarTrend Watching for Potential Pullback in Shares of Vale After 3.45% Gain
Comtex SmarTrend(R) - Mon Apr 07, 4:29PM CDT
Vale (NASDAQ:VALE) traded in a range yesterday that spanned from a low of $14.52 to a high of $15.05. Yesterday, the shares gained 3.5%, which took the trading range above the 3-day high of $14.80 on volume of 30.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Ebola Virus Brings Mining to a Halt in West Africa
Rich Duprey, The Motley Fool - Motley Fool - Mon Apr 07, 2:00PM CDT
Simandou operations. Source: Rio Tinto Simandou. It wasn't all that long ago energy and mineral resources were rushing pell-mell into Africa in a bid to exploit its vast wealth , but in the continent's western nation of Guinea activity has been...
China Shouldn't Be Counted Out, At Least Not Yet
Reuben Brewer, The Motley Fool - Motley Fool - Mon Apr 07, 9:21AM CDT
According to China's State Council, the country will, "accelerate preliminary work and construction on key investment projects..." That spending is supposed to help boost growth, but it also speaks to the opportunity for continued construction of the...
Company Updates, Capacity Reduction, Dividend Proposals, Share Price Movements, and Commencement of Production - Analyst Notes on ExxonMobil, Alcoa, Vale, CF Industries, and Hess
PR Newswire - Thu Apr 03, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Exxon Mobil Corporation (NYSE: XOM), Alcoa Inc. (NYSE: AA), Vale SA (NYSE: VALE), CF Industries Holdings Inc. (NYSE: CF), and Hess Corp. (NYSE: HES). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
M&A Activity Could Pick up in the Mining Sector
Varun Chandan, Arora, The Motley Fool - Motley Fool - Wed Apr 02, 9:15AM CDT
Mergers and acquisitions activity in the global metals and mining sector hit a seven-year low in 2013, according to Ernst & Young. The accounting firm, however, expects deal making activity to pick up this year. That certainly seems likely, given...
Iron Ore Prices Are Falling but These Miners Aren't Worried
Rupert Hargreaves, The Motley Fool - Motley Fool - Tue Apr 01, 10:42AM CDT
Since the beginning of 2014, the price of iron ore has dropped around 20% as concern over China's slowing economy grows while output of iron ore continues to rise. However, the world's three largest publicly traded iron ore miners, BHP Billiton ...
Why Vale (VALE) Shares Are Falling Today
at The Street - Tue Apr 01, 10:40AM CDT
Shares of Vale (VALE) are falling Tuesday after JP Morgan cut its 2014 forecast for iron ore by 6% to $118 a metric ton.
Vale Set to Possibly Pullback After Yesterday's Rally of 1.10%
Comtex SmarTrend(R) - Mon Mar 31, 4:01PM CDT
Vale (NASDAQ:VALE) traded in a range yesterday that spanned from a low of $13.80 to a high of $14.10. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $13.86 on volume of 21.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SmarTrend Watching for Potential Pullback in Shares of Vale After 1.10% Gain
Comtex SmarTrend(R) - Mon Mar 31, 4:01PM CDT
Vale (NASDAQ:VALE) traded in a range yesterday that spanned from a low of $13.80 to a high of $14.10. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $13.86 on volume of 21.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Statoil ASA Makes 2 Moves That Could Benefit Investors
Daniel Gibbs, The Motley Fool - Motley Fool - Mon Mar 31, 12:03PM CDT
Norwegian oil giant Statoil has been strongly focused on expanding its operations internationally over the past few years, largely to compensate for the maturation of its original production base in the Norwegian part of the North Sea and on the...