Decision comes on the same day a Brazilian court froze an additional 1 billion reais ($255 million) in assets as possible compensation for damages related to a recent evacuation of the area around the company’s Vargem Grande dam in Minas Gerais state.
The post Vale denied stability re-certifications on 17 dams, dikes appeared first on MINING.com.
Vale denied stability re-certifications on 17 dams, dikes Read More »
Currently there are no established global standards defining what a tailings dam is, how to build one and how to care for it after it is decommissioned.
The post U.N., ethical investors join miners quest for global tailings rules appeared first on MINING.com.
U.N., ethical investors join miners quest for global tailings rules Read More »
The updated resource model spans three contiguous zones and includes a higher grade core that the company could access early in a potential mine’s life.
The post Amarillo reinterprets Posse with new resource model appeared first on MINING.com.
Amarillo reinterprets Posse with new resource model Read More »
The world’s biggest iron ore producer said the injunction will impact production at its massive Brucutu mine, as it will now take longer than expected to bring it back on line.
The post Vale ordered to halt 13 more dams, Brucutu mine restart delayed appeared first on MINING.com.
Vale ordered to halt 13 more dams, Brucutu mine restart delayed Read More »
The dam is located in the municipality of Barão de Cocais, in the southeastern Brazilian state of Minas Gerais.
The post Vale’s Sul Superior Dam in critical condition appeared first on MINING.com.
Vale’s Sul Superior Dam in critical condition Read More »
The preventive measure was taken after a stress test failed to guarantee stability of the mine’s structures. Vale noted it would restart production when new studies are completed and their results are conclusive.
The post Another 10MT of iron ore off the market as Vale halts Alegria mine appeared first on MINING.com.
Another 10MT of iron ore off the market as Vale halts Alegria mine Read More »
The world’s iron ore producer has faced continued backlash from Brazilian authorities since the deadly mining dam accident that killed around 300 people in January.
The post Brazilian court freezes $260 million from Vale’s accounts appeared first on MINING.com.
Brazilian court freezes $260 million from Vale’s accounts Read More »
Brazil’s new right-wing government is going ahead with announced changes to current mining regulations, which include a controversial plan to open up indigenous reserves to mining.
The post Amazon’s riches up for grabs as Brazil to open indigenous reserves to mining appeared first on MINING.com.
Amazon’s riches up for grabs as Brazil to open indigenous reserves to mining Read More »
The Vancouver-based company now owns the Tucano mine, considered the second largest gold producer in Brazil.
The post Great Panther completes acquisition of Brazilian miner appeared first on MINING.com.
Great Panther completes acquisition of Brazilian miner Read More »
“The outlook for all ratings is negative.”
The post Moody’s cuts Vale’s credit rating to junk appeared first on MINING.com.
Moody’s cuts Vale’s credit rating to junk Read More »
