A Blog for Browsing Mining, Mineral Processing, and Metals Info

RIO DE JANEIRO, Dec 3 (Reuters) – Brazil’s Vale SA , the world’s second-largest mining company, cut estimated 2013 capital spending by 24 percent after a global slowdown and a drop in iron ore prices led the company to rethink its outlook for expansion.

http://www.reuters.com/article/2012/12/03/vale-investments-idUSL1E8N30UO20121203