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Brazil's Vale Shuts Down Operations At Australia Coal Mine

SAO PAULO -(Dow Jones)- Brazilian miner Vale SA (VALE, VALE5.BR) said Thursday it has declared force majeure on shipments from an Australian coal mine. The Carborough Downs mine, part of Vale's operations in the Central Bowen Basin in Queensland, was shut down after high levels of carbon monoxide were detected, Vale said in a statement. The Queensland State Inspectorate for Mines subsequently ordered all employees be evacuated from the mine, it said, adding that no one was hurt. Vale said about 7,700 tons of production has been lost since May 29. In the first quarter of the year, Carborough Downs produced 325,000 tons of coal, it said. Vale said it is working with the regulator to restart operations as soon as possible. -By Matthew Cowley, Dow Jones Newswires, +55 11 3544 7082; [email protected]

Stock News for Companhia Vale Do Rio Doce (VALE)
DateTimeHeadline
03/21/201714:30:30Amended Report of Foreign Issuer (6-k/a)
03/21/201706:09:13Report of Foreign Issuer (6-k)
03/17/201706:03:41Report of Foreign Issuer (6-k)
03/16/201721:06:00Judge Suspends Lawsuit Against Firms Involved in 2015 Brazilian...
03/16/201706:05:15Report of Foreign Issuer (6-k)
03/10/201708:57:35Report of Foreign Issuer (6-k)
03/08/201717:22:00ADRs End Lower; Petrobras Trades Actively
03/03/201712:34:16Report of Foreign Issuer (6-k)
02/25/201703:02:00Vale's CEO to Exit Amid Political Pressure -- WSJ
02/24/201717:04:18Report of Foreign Issuer (6-k)
02/24/201716:52:00ADRs End Lower; Baidu, Grana y Montero Trade Actively
02/24/201713:09:06Report of Foreign Issuer (6-k)
02/24/201713:07:00Vale CEO Murilo Ferreira to Step Down in May -- 2nd Update
02/24/201710:39:00Correction to Vale CEO Story
02/24/201709:49:00Vale CEO Murilo Ferreira to Step Down in May -- Update
02/24/201708:51:00Vale CEO Murilo Ferreira to Step Down in May
02/23/201715:34:00Vale Dusts Off Crystal Ball, Sees $70-$75 'Floor' for Iron Ore
02/23/201708:10:47Report of Foreign Issuer (6-k)
02/23/201708:10:27Report of Foreign Issuer (6-k)
02/23/201708:10:27Report of Foreign Issuer (6-k)

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