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Companhia Vale Do Rio Doce Share News

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Brazil's Vale Sells Colombia Coal Assets To CPC For $407 Million

SAO PAULO -(Dow Jones)- Brazilian mining giant Vale SA (VALE, VALE5.BR) on Monday said it has agreed to sell its Colombian thermal coal assets to CPC S.A.S., a unit of privately-held Colombian Natural Resources SAS, for $407 million in cash. "The sale of the thermal coal in Colombia is part of our continual efforts to optimize our portfolio of assets," the company said in a statement. The deal is subject to regulatory approvals, Vale said. Vale's coal assets in Colombia include an integrated mine-railroad-port system, including 100% of the El Hatillo coal mine and the Cerro Largo coal reserves; 100% of the Rio Cordoba port, and an 8.43% equity stake in the Ferrocarriles Del Norte de Colombia SA, or Fenoco, railroad. -By Matthew Cowley, Dow Jones Newswires; +55 11 3544 7082; matthew.cowley@dowjones.com

Stock News for Companhia Vale Do Rio Doce (VALE)
DateTimeHeadline
02/05/201611:01:51UPCOMING DEADLINE: Levi & Korsinsky, LLP Reminds Shareholders...
02/05/201606:25:25Report of Foreign Issuer (6-k)
02/04/201618:36:00February 5 Deadline Alert: Law Offices of Howard G. Smith Reminds...
02/04/201610:20:00Glencore's Credit Rating Cut to Just Above Junk
02/03/201615:33:00UPCOMING DEADLINE: Levi & Korsinsky, LLP Notifies Shareholders...
02/02/201617:55:00February 5 Deadline Alert: Glancy Prongay & Murray LLP Reminds...
02/01/201610:30:00February 5 Deadline Alert: The Law Offices of Howard G. Smith...
02/01/201609:00:00Bottini & Bottini, Inc. Files Securities Class Action Lawsuit...
02/01/201606:16:41Report of Foreign Issuer (6-k)
01/29/201613:12:00S&P Downgrades Brazil Miner Vale--Update
01/29/201613:09:00Brazil's Vale Scraps Dividend in Face of Metals Slump--Update
01/29/201612:54:00S&P Downgrades Brazil Miner Vale
01/29/201611:45:00February 5 Deadline Alert: GPM Announces the Filing of a Securities...
01/29/201606:00:00Brazil's Vale Set to Scrap Dividend
01/29/201604:50:00Brazil's Vale Scraps Dividend in Face of Metals Slump
01/28/201617:21:29Report of Foreign Issuer (6-k)
01/27/201617:02:00SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders...
01/27/201616:10:00Remains of Samarco's Collapsed Dam Unstable Because of Heavy...
01/26/201608:17:49Report of Foreign Issuer (6-k)
01/25/201620:02:00Vale Cleared to Reopen Tubarão Port

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