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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; matthew.cowley@dowjones.com

Stock News for Companhia Vale Do Rio Doce (VALE)
DateTimeHeadline
08/24/201517:37:00ADRs End Lower; Chinese, Commodities Firms Decline
08/24/201504:20:00Turbo Power Systems to Get New Parent; Strategic Review Continues
08/14/201513:02:52Report of Foreign Issuer (6-k)
08/13/201510:50:37Vale to Investigate Nitrous Oxide Leak at Northern Ontario Nickel...
08/11/201517:50:53ADRs End Lower; Miners, Steelmakers Among Decliners
08/06/201506:04:45Report of Foreign Issuer (6-k)
08/05/201516:30:55Report of Foreign Issuer (6-k)
07/30/201510:11:19Brazil's Vale Posts $1.68 Billion Profit--3rd Update
07/30/201510:09:35Report of Foreign Issuer (6-k)
07/30/201510:09:09Report of Foreign Issuer (6-k)
07/30/201509:43:36Brazil's Vale Sells Minority Stake In MBR For BRL4 Billion
07/30/201508:33:59Brazil's Vale Posts $1.68 Billion Profit--2nd Update
07/30/201508:07:09Report of Foreign Issuer (6-k)
07/30/201507:38:05Brazil's Vale Posts $1.68 Billion Profit--Update
07/30/201506:59:15Report of Foreign Issuer (6-k)
07/30/201506:09:27Report of Foreign Issuer (6-k)
07/30/201506:09:26Report of Foreign Issuer (6-k)
07/30/201506:09:06Brazil's Vale 2Q Net Profit Up 17.3% to $1.68 Billion
07/29/201509:25:00Signing of Memorandum to Trigger Business Expansion - Report...
07/23/201511:31:37Report of Foreign Issuer (6-k)

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