Slow landslide at Vale’s Gongo Soco reduces risk to dam

A closely watched embankment at a Brazilian iron-ore mine run by Vale SA has begun to slide slowly into the bottom of a mining pit, the company said on Friday, reducing concerns that a sudden landslide would trigger a dangerous dam collapse.

Authorities had initially feared that a landslide at Vale’s Gongo Soco mine could destabilise the nearby Sul Superior dam, wreaking havoc on a nearby town. However, the dam remains intact, Vale said.