brazil

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.

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 »

BHP hit by $5 billion suit over 2015 dam failure un Brazil

The group action suit describes in detail a series of failures and errors of judgment over several years leading to the collapse of the Fundao tailings dam in 2015, owned by the Samarco joint venture between BHP and Vale.

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Iron ore miners should take advantage of high prices and improve their credit scores: Fitch

The credit ratings and research division of the Fitch Group says producers should take advantage of the current environment of lower supply, healthy demand and higher prices.

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Lundin Mining grabs Brazilian mine from Yamana in $1B deal

The Chapada copper-gold mine, in the northwest Brazilian state of Goiás, began production in 2007 and is expected to churn out about 54,500 tonnes of the red metal and 100,000 ounces of gold this year.

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Miners challenged to urgently reveal tailings safety records

Move is aimed at providing a tool for institutional investors to assess the risk from their holdings in mining companies.

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Japan’s Mitsui injects $30m into Sigma’s lithium project in Brazil

The Japanese trading house is backing Sigma’s Grota do Cirilo hard rock lithium project, in the south-eastern province of Minas Gerais.

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