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Vale Faces Charges For Deaths Of Two Ontario Miners

By Edward Welsch Of DOW JONES NEWSWIRES CALGARY -(Dow Jones)- Brazilian mining giant Vale S.A. (VALE) faces charges from the Ontario government related to the deaths of two Canadian miners in an underground accident last year. Vale faces nine charges under Ontario laws regulating workplace safety. The provincial government alleges Vale failed to take "reasonable precautions" to prevent the accident that killed Jason Chenier and Jordan Fram at the Stobie nickel mine last year. Chenier and Fram died after being buried under a mixture of nickel ore and rock called "muck" that moved down a shoot where they were working, some 3,000 feet underground. A spokesman for Vale's Canadian operations wasn't immediately available to comment. The union Chenier and Fram belonged to has been pushing for an investigation since the incident happened last June. The charges "reinforce the need for urgent action to better protect workers in the mining industry and to strengthen corporate accountability for workplace health and safety," said Rick Bertrand, president of a local United Steel Workers chapter in Sudbury. A court date has been set for Aug. 14 in Sudbury, Ont., according to a statement from the Ontario Ministry of Labour. -By Edward Welsch, Dow Jones Newswires; 403-229-9095; edward.welsch@dowjones.com

Stock News for Companhia Vale Do Rio Doce (VALE)
DateTimeHeadline
04/15/201417:02:39ADR Shares End Lower; Infosys, Diageo Shares Active
04/15/201413:06:06Brazil's Vale Secures Loan Package From BNDES -- Update
04/15/201410:02:19Brazil's Vale Secures BRL6.2 Billion Loan Package From BNDES
04/11/201409:43:44Brazil's CVM Authorizes IADB to Issue Debt in Local Markets
04/09/201408:44:34BSG Resources, Vale Face Loss of Guinea Licenses -- Update
04/08/201413:20:03Veolia Seeks More Revenue from Mining Industry's Water, Waste...
04/02/201418:27:45Vale Suspends Transporting Coal From Mozambique Mines -- Update
04/02/201416:55:18ADR Shares End Higher; Noah Education Shares Active
04/02/201415:58:33Vale Suspends Coal Shipments From Mozambique Mines
03/19/201412:23:43Vale Says Stock Price Pressured by China Worries
03/11/201417:21:55ADR Shares End Lower; Vale, Barclays Shares Active
03/11/201413:41:59Brazil's Petrobras Reveals BRL8.77 Billion in Tax Disputes
03/04/201417:13:52Glencore Xstrata Posts Large Loss -- 2nd Update
02/27/201414:51:43Brazil's Vale Doesn't Foresee New Debt Issuance This Year
02/27/201413:04:26Brazil's Vale Develops Green Iron Ore To Reduce China Emissions
02/27/201412:33:45Brazil's Vale Sees Ebitda In Base-Metals Division Surging
02/27/201407:21:49Falling Iron-Ore Prices Pinch Producers -- Update
02/26/201421:58:20Vale Posts Smallest Annual Profit Since Privatization -- Update
02/26/201420:30:25Brazil's Vale Posts Its Biggest Loss
02/26/201419:46:50Brazil's Vale Sees Chinese Economic Growth Gradually Slowing...

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