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-0.000589622641509526 0 -0.00176886792452837 -0.00412735849056605 -0.00206367924528303 -0.000589622641509526 -0.00513561320754714 -0.00560141509433956
Stock impact report

Mining industry has golden opportunity to prove its value to world, Vale CEO tells PDAC [Yahoo! Finance Canada]

VALE S.A. American Depositary Shares Each Representing one common share (VALE) 
Last vale s.a. american depositary shares each representing one common share earnings: 4/29 04:02 pm Check Earnings Report
US:NYSE Investor Relations: vale.com/en/investors/pages/default.aspx
sector, but the industry needs to improve its reputation in order to take full advantage, the head of the world's largest producer of iron ore told a mining conference in Toronto Sunday. “For me, this is one of the fundamental issues that we have to be able to address,” Gustavo Pimenta, chief executive of Brazil-headquartered Vale SA, said in a keynote speech to kick off the Prospectors and Developers Association of Canada (PDAC) convention. “This is going to have an enormous impact even on valuation, but more than that, on our licence to operate.” Pimenta said limited though growing valuations in the mining industry are “completely disproportional” to the outsized economic impact the sector has, noting that the combined market capitalization of the world's 300 largest mining companies is less than that of Nvidia Corp. What exactly is driving that disconnect may be up for debate, but Pimenta said a “fundamental element” can't be ignored, referencing a GlobeScan report that showe Show less Read more
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