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Dam collapse provisions and decreased ore prices cause Vale's third-quarter profit to drop by 15%.
On: October 25, 2024 Comments: 0

Dam collapse provisions and decreased ore prices cause Vale's third-quarter profit to drop by 15%.

One of the biggest producers of iron ore in the world, Vale, a Brazilian miner, reported on Thursday that its third-quarter net profit dropped 15% from the same period last year due to weaker pricing for the steel-making ingredient and preparations for the Mariana dam disaster. Nevertheless, Vale reported a net profit of $2.41 billion […]

On: October 25, 2024 Comments: 0

Dam collapse provisions and decreased ore prices cause Vale's third-quarter profit to drop by 15%.

One of the biggest producers of iron ore in the world, Vale, a Brazilian miner, reported on Thursday that its third-quarter net profit dropped 15% from the same period last year due to weaker pricing for the steel-making ingredient and preparations for the Mariana dam disaster. Nevertheless, Vale reported a net profit of $2.41 billion […]

Innovations in Mining: The NextThree Console and NextRemote
On: October 24, 2024 Comments: 0

Innovations in Mining: The NextThree Console and NextRemote

In the mining field, safety and efficiency are essential, especially when it comes to controlled blasting. The NextThree console is presented as an advanced solution for activating blasting devices, standing out for its capacity to manage up to 2,400 Next3e® Adapters in a single operation. This next-generation tool, manufactured by Nextdet, combines cutting-edge technology with […]

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