These are the first results under CEO Murilo Ferreira, who in May substituted Roger Agnelli.

FORBES: Thanks to China, Brazil's VALE reports record-breaking Q2 profits. $3 bn dividends offered.

This year, mining major Vale saw its CEO Roger Agnelli ousted due to government pressure.

FORBES: USAA Emerging Market Funds Sticks to Cherry Picking

Shares of Brazil mining company Vale (VALE) could have a tough opening on Monday following news that its CEO, Roger Agnelli, is stepping down.

FORBES: Vale Shares Could Suffer Monday

Investors can breath a sigh of relief Tuesday over what kind of executive will move into the desk of Roger Agnelli, the recently ousted CEO of Brazilian multinational mining company Vale.

FORBES: Market Will Like New Vale CEO Ferreira