Miner Vale says fire to halt operations at Malaysia distribution center

By Reuters / February 15, 2019 / www.mining.com / Article Link

Brazilian miner Vale SA said a fire broke out on Friday in its distribution center in Malaysia, temporarily affecting shipments, according to a securities filing.

Vale added that the fire caused "only material damages" and that operations are likely to resume in 10 to 15 days.

The company said the fire should have a reduced impact on shipments as 10 days of preventive maintenance was already programmed at the terminal.

(By Carolina Mandl)

Recent News

Market sees gold sector nearing full value overall after target upgrades

August 18, 2025 / www.canadianminingreport.com

Gold stocks gain even as metal pulls back

August 18, 2025 / www.canadianminingreport.com

Gold stocks rocket to new highs, valuations no longer inexpensive

August 11, 2025 / www.canadianminingreport.com

Tariff issue caused by potential definition change of traded gold bars

August 11, 2025 / www.canadianminingreport.com

US BLS head removed after revisions to employment data

August 04, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok