ADVFN - Advanced Financial Network.
HOME» NYSE » C » RIO Stock Price » RIO Stock News

Companhia Vale Share News

 Companhia Vale Do Rio Doce Stock Price
RIO Stock Price
 Companhia Vale Do Rio Doce Stock Chart
RIO Stock Chart
 Companhia Vale Do Rio Doce Stock News
RIO Stock News
 Companhia Vale Do Rio Doce Company Information
RIO Company Information
 Companhia Vale Do Rio Doce Stock Trades
RIO Stock Trades

BHP Closing In On A$3.5 Billion Gabon Iron Ore Deal - Report

MELBOURNE -(Dow Jones)- BHP Billiton Ltd. (BHP) is close to striking a A$3.5 billion deal with the government of Gabon over the Belinga iron ore project, which is said to contain about 4 billion metric tons of ore, the Australian newspaper reported Wednesday without citing a source for the information. A deal would represent BHP's most significant foray into Africa's emerging iron ore sector, which has already attracted rivals Rio Tinto PLC (RIO) and Vale SA (VALE) as well as a host of junior exploration companies, the newspaper said in an article on its website. It reported that BHP has so far declined to comment. News agency Reuters in an article Friday cited Sosthene Nguema Nguema, a member of Gabonese government delegation in charge of overseeing the Belinga project, as saying a deal with BHP had been reached after the concession had been removed from China National Machinery and Equipment Import and Export Corp., as the Chinese company didn't have sufficient expertise to mine the resource. Newspaper website: http://www.theaustralian.com.au/business/mergers-acquisitions/giant-poised-to-take-35bn-african-plunge/story-fn91vdzj-1226265157070 -By Melbourne bureau; +61 3 9292 2094; djnews.sydney@dowjones.com

Stock News for Companhia Vale (RIO)
DateTimeHeadline
03/27/201508:04:18Why Fortescue Metals' Call For Cap On Iron Ore Production Will...
03/26/201504:24:56It Had To Happen - An Outright Call For Iron Ore Collusion
03/25/201508:58:48Turquoise Hill sees 2015 production of 600K-700K oz. of gold...
03/25/201505:11:09LONDON MARKETS: FTSE 100 Edges Up, But Barclays Falls After Downgrade
03/25/201505:05:03LONDON MARKETS: FTSE 100 Edges Up, But Barclays Falls After Downgrade
03/25/201502:31:28Australia Shares Little Changed Despite Rise by Banks
03/24/201517:07:39LONDON MARKETS: U.K. Stocks Fall, With Centrica Shares Hurt
03/21/201511:10:02Why This Mining CEO Is Worth His Weight in Gold
03/20/201509:28:25Fortescue Metals Group: Great Execution, Bad Timing
03/19/201518:30:08U.S. Probe Into Guinea Mining Could Yield Six Indictments
03/19/201514:38:31LONDON MARKETS: FTSE 100 Logs Record Closing High
03/17/201521:03:16Fortescue Scraps $2.5 Billion Bond Sale
03/13/201517:28:09Small Mining Companies Hibernate to Survive Industry Slump
03/13/201515:51:39LONDON MARKETS: FTSE 100 Logs Worst Week In 2015; Pound In 'free...
03/13/201515:46:49LONDON MARKETS: FTSE 100 Driving Toward Weekly Loss; Pound In...
03/13/201502:46:40Fortescue Could Get Squeezed In The Iron Ore Market By Rio Tinto...
03/13/201501:13:14Stocks Appear To Be Rebounding From Here: How To Play The Rally...
03/12/201516:19:39LONDON MARKETS: FTSE 100 Rises As Miners, SABMiller Advance
03/12/201516:11:47LONDON MARKETS: FTSE 100 Rises As Miners, SABMiller Advance
03/11/201502:10:43Cliffs CEO Urges Iron-Ore Miners to Rethink Supply Surge

Companhia Vale and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad