Commodity Investor Amine Bouchentouf: Iron Companies to Watch in 2012
Resource Investing reported Amine Bouchentouf's recommendations of iron ore companies to watch in 2012 including Vale (NYSE:VALE) and Cuervo Resources (CNSX:FE,FWB:CRR).
Resource Investing reported Amine Bouchentouf's recommendations of iron ore companies to watch in 2012 including Vale (NYSE:VALE) and Cuervo Resources (CNSX:FE,FWB:CRR).
Bloomberg reported Vale SA (SAO:VALE5) will have a 2012 budget below the $24 billion planned for this year.
Bloomberg reported Vale SA (NYSE:VALE) said prices for iron ore have stabilized and are recovering from “rock bottom” levels earlier this year.
Reuters Africa reported Vale (NYSE:VALE,SAO:VALE5) joined its rivals in pledging on Thursday no let up in iron ore production, even as prices slump.
Reuters reported Vale (NYSE:VALE,SAO:VALE5) is open to discussing different iron ore pricing systems with its clients, as prices have tumbled.
Bloomberg reported Vale SA (NYSE:VALE) fell the most in three weeks on concern it is cutting prices for the steel-making material.
Reuters reported Vale (NYSE:VALE,SAO:VALE5) plans to produce at full capacity in 2012, reflecting optimism that China can weather any potential slowdown.
By 2015 iron ore production is set to grow by 53 percent. This has worried investors that falling prices will hurt the bottom line of some of the world’s largest mining firms. Recent movements in share prices have reflected these concerns. Yet the heads of the BHP, Vale, and Rio Tinto remain confident.
Mining Weekly reported Vale (NYSE:VALE,SAO:VALE5) it has started a demonstration plant to test and further develop technology which can produce pig iron.
Zacks.com reported the list of stocks featured in the Analyst Blog including Vale S.A (NYSE:VALE).
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