In the same category


Published : July 21st, 2016

Production Report in 2Q16

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  


Production highlights


Rio de Janeiro, July 21, 2016 � Vale S.A. (Vale) reached 86.8 Mt of iron ore production in the second quarter of 2016 (2Q16), 9.3 Mt higher than in 1Q16, mainly due to the good performance of the Northern System.

Caraj�s achieved a production record for a second quarter of 36.5 Mt in 2Q16, representing an increase of 4.9 Mt (or 15.5%) in relation to 2Q15, mainly due to the increase in the overall equipment efficiency of the truck fleet and the ramp-up of the N4WS and N5S extension pits.

Pellet production, excluding Samarco�s attributable production, reached 10.0 Mt in 2Q16, 12.4% and 17.9% lower than in 1Q16 and 2Q15, respectively, mainly as a result of (i) the halt of the F�brica pelletizing plant, due to delays in obtaining environmental permits for the expansion of adjacent mines; and (ii) the scheduled maintenance stoppages at the Tubar�o plants in 2Q16. Tubar�o 8 production achieved the monthly record of 637 kt in May.

Global Recovery (GR), measured by final production output divided by the total tons extracted, reached 39% in 2013, 41% in 2014 and 46% in 2015. On a quarter-on-quarter basis, GR increased from 45.4% in 2Q15 to 46.1% in 2Q162.

Nickel production reached a record for a second quarter of 78,500 t in 2Q16, representing an increase of 11,400 t in relation to 2Q15, mainly due to the stronger operational performance from PTVI and the ongoing ramp-ups of Long Harbour and Vale New Caledonia (VNC).

Copper production reached a record for a second quarter of 107,400 t in 2Q16, representing an increase of 2,500 t in relation to 2Q15, mainly due to the better operational performance at Sudbury and the successful ramp-up of Salobo.

Gold production reached a record for a second quarter of 109,000 oz in 2Q16.

Coal production totaled 1.5 Mt in 2Q16, 9.5% and 25.2% lower than in 1Q16 and 2Q15, respectively, mainly due to the lower production at Carborough Downs as a result of geological instability issues in 2Q16.

In June, the total mine movement in Mozambique reached a new monthly record of 12.7 Mt due to higher equipment productivity and the development of new mining areas which will feed the Moatize II coal handling and preparation plant. Commissioning of the Moatize II plant is almost concluded and its start-up is expected by early August. The ramp-up of Moatize II will enable the increase in production and the reduction in costs in the next quarters.

Click here for full report

For further information, please contact:

Andre Figueiredo:
Carla Albano Miller:
Fernando Mascarenhas:
Andrea Gutman:
Bruno Siqueira:
Claudia Rodrigues:
Denise Caruncho:
Mariano Szachtman:
Renata Capanema:

This press release may include statements that present Vale�s expectations about future events or results. All statements, when based upon expectations about the future and not on historical facts, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comiss�o de Valores Mobili�rios (CVM), the French Autorit� des March�s Financiers (AMF), and The Stock Exchange of Hong Kong Limited, and in particular the factors discussed under �Forward-Looking Statements� and �Risk Factors� in Vale�s annual report on Form 20-F.  

Data and Statistics for these countries : Brazil | Canada | Hong Kong | Mozambique | New Caledonia | All
Gold and Silver Prices for these countries : Brazil | Canada | Hong Kong | Mozambique | New Caledonia | All


Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
Projects & res.
Asset profile
Contact Cpy

Vale is a producing company based in Brazil.

Its main exploration property is GALIURO in USA.

Vale is listed in Brazil and in France. Its market capitalisation is BRL 349.1 billions as of today (US$ 150.8 billions, € 132.1 billions).

Its stock quote reached its lowest recent point on February 19, 2016 at BRL 10.51, and its highest recent level on August 27, 2021 at BRL 99.80.

Vale has 5 244 319 744 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
Financings of Vale
6/20/2016informs about debt amortization
Financials of Vale
4/1/2016files Form 20-F report for the fiscal year ended 2015
2/16/2011=?UTF-8?Q?News from Hydro: Fourth quarter 2010 affected by l...
Project news of Vale
7/21/2016Production Report in 2Q16
1/22/2016Moody's puts miner Vale on review for possible downgrade to ...
1/22/2016Moody's puts Brazil miner Vale under review for downgrade
9/2/2015Brazil's Vale says permitted to restart Onca Puma nickel min...
8/14/2015Vale halts Amazon nickel mine output after court order
8/14/2015Brazilian court orders Vale to halt Amazon nickel mine opera...
7/3/2015China to lift ban on entry of miner Vale's mega-ships
4/30/2014Vale says iron ore mining costs to fall with new mine
4/30/2014Brazil miner Vale reports Q1 net profit of $2.52 bln
6/14/2013Marathon - Marathon's Continued Prospecting Delivers: Report...
8/1/2012Marathon - Marathon Gold Reports Positive Results in Near Su...
1/12/2012Marathon - Marathon Gold Commences 40,000 m Drilling Program...
Corporate news of Vale
7/28/2016informs the completion of the delisting of HDRs on the HKEx
7/20/2016launches Vale Investors & Media App
5/10/2016informs the end of MRN negotiations with Hydro
5/5/2016clarifies Public Civil Action
1/25/2016Vale wins order reopening iron port for at least 60 days
1/25/2016Vale confirms court order allowing it to reopen Port of Tuba...
1/25/2016Vale wins order reopening iron port; has 60 days to fix prob...
1/25/2016BHP, Vale to be financial guarantors of any Samarco accord -...
1/25/2016The Supply Side Doesn’t Have Good News for Iron Ore Prices i...
1/25/2016Why Vale S.A. (VALE) Could Be Positioned for a Slump
1/22/2016Vale says 200,000 tns/day of iron ore halted at Tubarão port
1/22/2016Global Iron Trade Faces Disruption as Port Shut; Prices Jump
1/21/2016Samarco, Brazil gov't move closer on $4.8 bln dam-disaster a...
1/21/2016Will the Iron Ore Carnage Continue in 2016?
1/14/2016The Zacks Analyst Blog Highlights: Compañia de Minas Buenave...
1/6/2016The 52-Week Low Club for Wednesday
12/29/2015VALE at Risk from Headwinds, Retains Few Scopes for Growth
12/24/2015Zacks Industry Outlook Highlights: BHP Billiton, Rio Tinto, ...
12/23/2015Industrial Metals Stock Outlook - Jan 2016
12/21/2015Why Are These Five Stocks Losing Ground Today?
12/21/2015Brazil Vale says operations normal despite court asset freez...
12/19/2015Why Fertilizers Are a Strategic Fit for Vale’s Portfolio
12/17/2015African Development Bank approves loan for Vale Nacala rail ...
12/14/2015Is Vale Looking at Another Challenging Year in 2016?
12/13/2015Top 5 Cheap Miners Poised to Explode
12/4/2015Why Are These Stocks Falling Today?
12/2/2015The 52-Week Low Club for Wednesday
12/2/2015Hedge Funds Are Crazy About Vale SA (ADR) (VALE)
11/30/2015The 52-Week Low Club for Monday
11/30/2015BHP Billiton, Vale Shares Are Crashing Following Lawsuit Ove...
11/29/2015Brazil to sue BHP, Vale for $5 bln in damages for dam burst
11/28/2015Is SBA Communications Corporation (SBAC) Going to Burn These...
11/27/2015The 52-Week Low Club for Friday
11/25/2015The 52-Week Low Club for Wednesday
11/23/2015The 52-Week Low Club for Monday
11/20/2015Iron Ore Companies’ Production Continues Unabated Growth
10/23/2015Vale Posts Wider-than-Expected Loss in Q3, Lags Revenues
10/22/2015Vale posts $2 bln loss on weak Brazil currency, low iron ore...
10/22/2015Vale expects to negotiate ocean freight rates, cut costs in ...
10/22/2015Brazil's Vale posts $2 bln loss in 3rd-qtr
10/21/20154 Analyst Stock Picks With 50% to 100% Upside Potential
10/20/2015Will Vale S.A. Beat Q3 Earnings on High Industrial Demand?
10/19/2015Cliffs Natural Resources Has Underperformed Iron Ore Peers S...
10/12/2015Production Growth from Major Iron Ore Miners Continues Unaba...
10/12/2015Can the Rally in Vale (VALE) Shares Continue?
10/9/2015Canada environmental officers raid Vale offices in Ontario
10/9/2015Canadian environment authorities raid Vale offices in Ontari...
10/8/2015Why Iron Ore Companies Are Still Going Ahead with Expansions
9/29/2015Mining Giant Vale SA to Slash Dividend
9/14/2015Can Vale Counter Multiple Headwinds with Growth Strategies?
9/14/2015Petrobras chairman asked for leave to focus on running Vale ...
9/8/2015Is Everything Going According to Plan for BHP Billiton?
9/3/2015Zacks Industry Outlook Highlights: Rio Tinto, BHP Billiton, ...
9/1/2015Zacks Industry Outlook Highlights: BHP Billiton, Vale, Rio T...
8/28/20155 Ultra-High Dividend Stocks Hedge Funds Are Betting On
8/15/2015Assessing Vale’s Position after Its 2Q15 Results
8/13/2015Vale declares emergency at Copper Cliff smelter -CBC
8/12/2015The 6 Most Shorted NYSE Stocks: Short Sellers Flee AT&T
8/11/2015Why Vale’s Financial Condition Is Deteriorating
8/11/2015Vale’s Asset Sales Are Progressing as Planned
8/11/2015Why Outlook on Vale’s Coal Business Is Still Negative
8/11/2015What Led to Vale’s Increased Realized Iron Ore Prices in 2Q1...
8/11/2015Vale’s 2Q15 Profitability Gets Boost from Iron Ore Cost Cont...
8/10/2015Vale’s Base Metals Profitability Impacted by Lower Prices in...
8/6/2015Why Did Vale Report a Beat on Market Expectations in 2Q15?
8/6/2015Vale Reports a Beat in 2Q15 Results, but Stock Falls
8/5/2015Brazil's Vale plans debt sale to expand Carajas railway
8/3/2015Brazil's Bradespar renews buyback plan for another year
8/1/2015China Lifts Ban on Valemax Vessels: Will Dry Bulkers Be Affe...
7/31/2015Vale Beats Q2 Earnings, Lags Revenues; Outlook Positive - An...
7/30/2015Vale says Mozambique coal stacker collapse won't affect 2016...
7/30/2015Vale says start of Posco, Dongkuk Brazil steel mill delayed ...
7/30/2015Vale beats forecasts with Q2 profit of $1.7 bln
7/29/2015VALE at Risk from Market Headwinds; Few Options Exist - Anal...
7/29/2015Brazil's Vale resumes Amazon rail expansion after suspension
7/29/2015Should You Buy Vale (VALE) Ahead of Earnings? - Tale of the ...
7/26/2015Brazil’s Iron Ore Exports Remain Strong in June
7/24/2015It’s Hard to Be Positive on Long-Term Iron Ore Price Fundame...
7/3/2015Which Iron Ore Companies Benefit from this Price Environment...
7/2/2015Thursday's Top 10 Volume Stocks
5/12/2015The 5 Most Shorted NYSE Stocks in April
4/22/2015EMERGING MARKETS-Vale drives Bovespa higher, Petrobras drops...
4/22/2015Vale defies price rout to hit new iron production record
4/15/2015Vale S.A. Downgraded to Sell on Macro-Level Headwinds - Anal...
4/3/2015Vale’s Gold Stream Agreement with Silver Wheaton Seems Posit...
4/3/2015Is Base Metals IPO a Near-Term Possibility for Vale?
4/3/2015Vale on Track to Achieve 450 Million Tons of Iron Ore
3/31/2015The 52-Week Low Club for Tuesday
3/31/2015A Look at Vale’s Fertilizer Nutrients Performance in 2014
3/30/2015The 52-Week Low Club for Monday
2/25/2015Webcast Alert: Vale Announces Fourth Quarter 2014 Results We...
2/20/2015Webcast Alert: Vale Announces Fourth Quarter 2014 Results We...
10/27/2014Webcast Alert: Vale Announces Third Quarter 2014 Results Web...
4/30/2014Brazil's Vale profit falls on lower iron ore prices
2/13/2014ntine car insurance offer!!!
12/11/2013Marathon - Marathon Completes Financing with Rambler and Ann...
9/17/2013Marathon - Marathon Gold Announces Filing of Valentine Lake ...
4/22/2013Marathon - Marathon Announces 2.72 g/t Au over 19.0 meters (...
4/3/2013Marathon - Marathon Hits 4.14 g/t Au over 11.0 meters (TT) i...
2/13/2013Treat your loved one with Domino's Pizza this Valentine
1/29/2013Marathon - Marathon Step-Out Hits 9.57 g/t (cut) Au over 6.3...
1/15/2013Marathon - Marathon Gold Drills for New Potential at Valenti...
1/8/2013Best Valentine Gift 10% Off
11/5/2012Marathon - Marathon Gold Files 43-101 Technical Report with ...
10/31/2012Marathon - Marathon Gold Expands Area of New Tourmaline-rich...
10/24/2012Marathon - Marathon Gold Discovers New High-Grade Gold and S...
10/10/2012Marathon - Marathon Gold Hits Near Surface High-Grade Minera...
9/13/2012Marathon - Marathon Gold Discovers New High-Grade Gold Quart...
9/5/2012Silver Bull Announces Analyst Coverage Initiated By Roth Cap...
8/27/2012Marathon - Marathon Gold Extends High-Grade Gold Intercepts ...
7/10/2012Marathon - Marathon Gold Hits 6.53 g/t Au over 15.3 meters a...
6/5/2012Marathon - Marathon Gold Hits 3.81 g/t Au over 21.6 meters i...
5/14/2012Marathon - Marathon Gold Intersects Further High-Grade Gold ...
4/10/2012Marathon - Marathon Gold Hits Significant New High-Grade Gol...
4/3/2012Marathon - Marathon Gold Hits High-Grade Intercepts in Step-...
3/29/2012Marathon - Marathon Gold Reports Updated NI 43-101 Resource ...
3/2/2012Marathon - Marathon Gold Hits New High-Grade Mineralization ...
9/8/2011Marathon - Marathon's Potential Open Pit Resource Continues ...
8/30/2011Marathon - Marathon Advances Resource Development with In-fi...
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
BRL 66.57
09/28 16:06 0.870
Prev close Open
65.70 66.11
Low High
65.96 66.79
Year l/h YTD var.
61.05 -  92.44 -25.54%
52 week l/h 52 week var.
61.05 -  92.44 -2.59%
Volume 1 month var.
14,036,900 5.73%
24hGold TrendPower© : 25
Explores for Copper - Gold - Molybdenum
Interactive chart Add to compare
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
5 years chart
3 months chart
3 months volume chart
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
announces expected non-cash impairment
AU$ 7.92+3.33%Trend Power :
Oceana Gold(Au)OGC.AX
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
US$ 6.54+0.00%Trend Power :
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
Reduced Funding Requirement
GBX 0.66+0.61%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.05-23.08%Trend Power :
Closes Bridge Loan Financing
CA$ 2.13+1.43%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 9.74+1.51%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.22-2.22%Trend Power :
Q A April 2017 Quarterly Report
AU$ 0.24+2.08%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.53+0.66%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 48.64-0.40%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
2nd Quarter Report
AU$ 0.02+0.00%Trend Power :