Shares in Brazil's Vale gain 8 pct on iron ore price rise
March 07, 2016 at 08:14 AM EST
BRASILIA, March 7 (Reuters) - Shares of Brazilian miner Vale SA gained more than 8 percent in early trading on the Sao Paulo stock exchange after spot iron ore prices rocketed nearly 20 percent to the highest in more than eight months on Monday. (Reporting by Silvio Cascione)