Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (21134)	6/10/2008 9:41:44 AM
From: LoneClone	Read Replies (1) \| Respond to of 193842

Brazil's Vale Prepares Bid for Top Mining Company, Estado Says By Diana Kinch bloomberg.com June 10 (Bloomberg) -- Cia. Vale do Rio Doce is preparing to make a bid for one of the world's biggest mining companies, O Estado de S. Paulo reported. Vale has studied and made informal inquiries about Anglo American Plc, aluminum producer Alcoa Inc. and copper producer Freeport-McMoran Copper & Gold Inc., the newspaper reported, citing people connected to Vale. Vale considered convening an extraordinary board meeting last week to vote on a share sale of more than $30 billion to help fund an acquisition, Estado said. Vale spokesman Fernando Thompson declined to comment when contacted by Bloomberg News at the company's headquarters in Rio de Janeiro. To contact the reporter on this story: Diana Kinch in Rio de Janeiro dkinch1@bloomberg.net Last Updated: June 10, 2008 08:46 EDT