South America

Vale says alarms didn’t go off on time in Brumadinho due to ‘speed’ of sludge

Argument is being harshly criticized by experts and locals, who believe the law-enforced audible could have saved lives.

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Teck Resources flags fourth-quarter profit coming below estimates

Canada’s largest diversified mine expects profit for the period to be significantly below estimates, due mainly to the low oil prices at the end of 2018, issues at its operations in Trail, B.C., and a decline in commodity prices.

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SolGold wants Ecuadorian project for itself, plans buying minority shareholder

Miner has unveiled plans to make an all-share offer for Cornerstone Capital Resources, a Canadian firm that has a 15% interest in SolGold’s coveted Cascabel copper-gold project.

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U.N. calls for probe into Vale’s tailings as they head to large Brazilian river

Brazilian authorities and companies involved with river water management are trying to stop the torrent of mining waste from reaching the Sao Francisco river, a source of drinking water for communities in five of the country’s 26 states.

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Canadian miner Cordoba dealing with fraudulent transactions at Colombian subsidiary

Cordoba presented criminal charges before Colombian prosecutors against nine members of former management at its subsidiary in the South American country.

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Vale dam collapse: Panic after fresh alert at another mine in Brumadinho

An alarm warning of an imminent mining dam rupture was issued on Sunday morning near Brumadinho, the same Brazilian community where the collapse of Vale’s dam on Friday killed at least 58 and left over 400 more feared dead.

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Codelco and Ennomotive challenged engineers to find creative uses for copper-graphene nanocomposite

Sixty-five engineers from 15 countries came up with ideas.

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