| Brazil's Vale says permitted to restart Onca Puma nickel mine | |
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(Changes million to thousands in dollar conversion in third paragraph) RIO DE JANEIRO, Sept 2 (Reuters) - Brazil's Vale SA said on Wednesday it had received a ruling allowing it to restart operations at the Onca Puma nickel mine in Para state. A federal court last month ordered operations stopped due to a dispute over payments to local indigenous communities. Vale said in an email to Reuters that a court order for the company to pay the indigenous communities 3 million reais ($796,000) had also been suspended. ($1 = 3.77 reais) (Reporting by Stephen Eisenhammer; Editing by Cynthia Osterman)
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Vale
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EXPLORATION STAGE |
CODE : VALE3.SA |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Vale is a producing company based in Brazil. Its main exploration property is GALIURO in USA. Vale is listed in Brazil and in France. Its market capitalisation is BRL 297.2 billions as of today (US$ 150.8 billions, € 136.0 billions). Its stock quote reached its lowest recent point on February 19, 2016 at BRL 10.51, and its highest recent level on August 27, 2021 at BRL 99.80. Vale has 5 244 319 744 shares outstanding. |