Vale cuts production guidance … again
Brazil’s Vale (NYSE: VALE), the world’s top iron ore producer, has once again lowered its production forecast for 2020 due to a mix of factors…
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Vale
Prosecutors charge ex-Vale CEO and others with homicide for dam disaster in Brazil
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…
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Bonus schemes play a role in tailings dams failures – research
According to a paper in Resources Policy, such compensation packages actively encourage managers to cut costs and increase production regardless of the risks associated with those decisions.
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Top 40 miners’ good performance not enough for investors – report
According to PwC, investors seemed unimpressed last year, as market valuations fell 18%.
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Minas Gerais signs MoU with tech company to monitor mining tailings dams
Inmarsat has committed to providing the state government with a smart monitoring solution which is based on IoT and satellite technology.
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Wall at Vale’s Gongo Soco pit begins gradual slide; dam holds intact
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.
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Wall at Vale’s Gongo Soco pit begins gradual slide; dam holds intact
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.
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Vale downplays risk of dam break at Gongo Soco mine
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.
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Iron ore price tops $100 a tonne for the first time in 5 years
Increasing supply worries after Vale warns of another dam burst.
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Vale Canada and Terrapure recognized for reclamation efforts
Terrapure Environmental and Vale Canada’s sustainable method for managing biosolids during winter months was recognized by the Environmental Leader, a Colorado-based publication.
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