A judge in the Brazilian state of Minas Gerais has partially granted an injunction sought by prosecutors by ordering Vale (NYSE: VALE) to set aside…
Vale ordered to pay US$1.5B for damages from tailings dam disaster Read More »
State prosecutors in Brazil have charged Vale’s (NYSE: VALE) former chief executive, Fabio Schvartsman, with homicide after the catastrophic tailings dam disaster last January at…
Prosecutors charge ex-Vale CEO and others with homicide for dam disaster in Brazil Read More »
Vale said the Sul Superior dam, located just 1.5 km from the mine, remains intact and that it continues to be monitored 24/7 via radar, drones and a robotic station capable of detecting the slightest movements.
The post Wall at Vale’s Gongo Soco pit begins gradual slide; dam holds intact appeared first on MINING.com.
Wall at Vale’s Gongo Soco pit begins gradual slide; dam holds intact Read More »
Vale said the Sul Superior dam, located just 1.5 km from the mine, remains intact and that it continues to be monitored 24/7 via radar, drones and a robotic station capable of detecting the slightest movements.
The post Wall at Vale’s Gongo Soco pit begins gradual slide; dam holds intact appeared first on MINING.com.
Wall at Vale’s Gongo Soco pit begins gradual slide; dam holds intact Read More »
Risk of a new dam break as a consequence of an unstable embankment at Gongo Soco open pit, in the southeastern state of Minas Gerais, are now minimal, said Vale.
The post Vale downplays risk of dam break at Gongo Soco mine appeared first on MINING.com.
Vale downplays risk of dam break at Gongo Soco mine Read More »
Move is aimed at providing a tool for institutional investors to assess the risk from their holdings in mining companies.
The post Miners challenged to urgently reveal tailings safety records appeared first on MINING.com.
Miners challenged to urgently reveal tailings safety records Read More »
Decision comes on the same day a Brazilian court froze an additional 1 billion reais ($255 million) in assets as possible compensation for damages related to a recent evacuation of the area around the company’s Vargem Grande dam in Minas Gerais state.
The post Vale denied stability re-certifications on 17 dams, dikes appeared first on MINING.com.
Vale denied stability re-certifications on 17 dams, dikes Read More »
Currently there are no established global standards defining what a tailings dam is, how to build one and how to care for it after it is decommissioned.
The post U.N., ethical investors join miners quest for global tailings rules appeared first on MINING.com.
U.N., ethical investors join miners quest for global tailings rules Read More »
The world’s biggest iron ore producer said the injunction will impact production at its massive Brucutu mine, as it will now take longer than expected to bring it back on line.
The post Vale ordered to halt 13 more dams, Brucutu mine restart delayed appeared first on MINING.com.
Vale ordered to halt 13 more dams, Brucutu mine restart delayed Read More »
The preventive measure was taken after a stress test failed to guarantee stability of the mine’s structures. Vale noted it would restart production when new studies are completed and their results are conclusive.
The post Another 10MT of iron ore off the market as Vale halts Alegria mine appeared first on MINING.com.
Another 10MT of iron ore off the market as Vale halts Alegria mine Read More »
