Vale S.A. (VALE3) has secured a significant R$17 billion ($3.5 billion) agreement with the Brazilian government for the renegotiation of its railway concessions. The deal, announced on December 30, 2024, includes a R$11.3 billion ($2.3 billion) commitment for the Carajás Railroad and Vitória-Minas Railroad concessions. Additionally, it includes R$6 billion ($1.2 billion) for a new […]
Seventeen Chinese men have been arrested on suspicion of running an illegal gold mine in Democratic Republic of Congo, authorities said there on Friday, as the government pressed on with a crackdown on unlicensed extraction of its minerals. The men were brought into the press conference called to announce their detention in Bukavu, the main […]