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Vale says OK to restart Onca Puma nickel mine

Sep. 02, 2015 5:32 PM ETVale S.A. (VALE) StockVALEBy: Carl Surran, SA News Editor1 Comment
  • Vale (NYSE:VALE) says it received a ruling allowing it to restart operations at the Onca Puma nickel mine in Brazil, after a court last month ordered operations stopped due to a dispute over payments to local indigenous communities.
  • Vale also says a court order for the company to pay the indigenous groups 3M reais ($796K) also was suspended.

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