Vale told to fork out $1.5bn for dam burst damages
Judge’s order say fund should be used to pay potential fines related to the deadly 2019 tailings dam collapse in Brumadinho.
Vale told to fork out $1.5bn for dam burst damages Read More »
Top Companies
New Century eyes Vale’s New Caledonia mines
The zinc miner plans to buy 95% of Vale’s assets on the Pacific island of New Caledonia.
New Century eyes Vale’s New Caledonia mines Read More »
“Evidence” against Vale in Simandou case may hinder $2bn award
Billionaire Beny Steinmetz claims to have fresh evidence that will help him reverse a $2bn arbitration award to Vale.
“Evidence” against Vale in Simandou case may hinder $2bn award Read More »
Tanzania allows Barrick to ship gold concentrate
The containers had been withheld at Dar es Salaam Port for three years due a tax dispute with Barrick’s former local subsidiary.
Tanzania allows Barrick to ship gold concentrate Read More »
Alrosa cuts 2020 production over falling demand
Company is cutting its output to 28-31 m carats, compared to initial guidance of 34 m carats.
Alrosa cuts 2020 production over falling demand Read More »
Barrick supports higher education, community development in Zambia
The company donated 10 computers to the University of Zambia School of Mines and agreed to help repair the Kakayindu Police Post.
Barrick supports higher education, community development in Zambia Read More »
Rio Tinto preps plans for 2020 at Janice Lake
Rio can earn an initial 51% in Janice Lake by spending C$10 million on exploration over four years.
Rio Tinto preps plans for 2020 at Janice Lake Read More »
World’s fourth biggest diamond mine cuts output, processing
Angola’s Sociedade Mineira de Catoca, which operate the namesake diamond mine in the country, cited weak demand as the reason.
World’s fourth biggest diamond mine cuts output, processing Read More »
CHART: Mining’s covid-19 capital spending cuts
Demand for metals has also been hit as the coronavirus spread from China to other parts of the world.
CHART: Mining’s covid-19 capital spending cuts Read More »
Justice revokes Brumadinho decree that prevented Vale from operating
Authorities suspended Vale’s operating license after agents said that the company’s onsite activities have “not respected the rules of social isolation.”
Justice revokes Brumadinho decree that prevented Vale from operating Read More »