Looking at Vale’s USD 5bn Dividend for 2011

Mineweb.com reports that  diversified miner Vale (NYSE:VALE) will be paying a dividend of at least $4bln this year.

The editorial is quoted as saying:

While Vale has for some time been mulling such 2011 dividend disbursements, media reports in the UK have it that individual institutional shareholders are “campaigning” BHP Billiton, the world’s biggest diversified resources group, and Rio Tinto, the No 3 by market value (Vale is No 2), to return cash to shareholders, mainly by way of stock buybacks

To access the full editorial, click here.

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Equitas Resources (TSXV:EQT; FSE:T6UN) is one of the first junior resource companies in the last 20 years to hold such a large, consolidated land package in the Voisey’s Bay district. With a first-class, experienced team of professionals skilled in raising capital and managing successful exploration projects Equitas Resources has a tight share structure on early stage of nickel focused exploration. Learn more about this world class deposit.

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