{"id":1108518,"date":"2019-04-01T12:53:07","date_gmt":"2019-04-01T12:53:07","guid":{"rendered":"http:\/\/www.mining.com\/?p=979178"},"modified":"2019-04-01T12:53:07","modified_gmt":"2019-04-01T12:53:07","slug":"vale-denied-stability-re-certifications-on-17-dams-dikes","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1108518","title":{"rendered":"Vale denied stability re-certifications on 17 dams, dikes"},"content":{"rendered":"

Brazilian mining giant\u00a0Vale\u00a0(NYSE:VALE) has been denied stability certificates<\/a> for at least 17 dams and dikes whose licences expired on March 31, as a result of an ongoing review of the miner\u2019s operations in the country following the January dam disaster<\/a> at its C\u00f3rrego do Feij\u00e3o mine, which killed hundreds.<\/p>\n

The loss of certificates will not require additional evacuations around structures that have not already been evacuated, nor will it alter the company’s previously disclosed sales projection for iron ore and pellets, Vale said in a securities filing<\/a>.<\/p>\n

Fresh assets freeze are a possible compensation for damages related to Vale’s evacuation of the area around its Vargem Grande dam in Minas Gerais state.<\/q><\/p>\n

The news comes the same day the iron ore producer, the world\u2019s No. 1, revealed that a local had frozen an additional 1 billion reais (about $258 million) in assets to be held as possible compensation for damages related to the recent evacuation of the area around its Vargem Grande dam<\/a> in Minas Gerais state.<\/p>\n

Last month, another court ordered the company to freeze 1 billion reais<\/a>, a decision that was shortly followed by another verdict that asked Vale to set aside 2.95 billion reais<\/a> ($763 million).<\/p>\n

Brazilian prosecutors began probing in March more than 100 high-risk dams across the country early this month. They say they doubt the legitimacy of the safety audits carried out at the nation\u2019s mines, especially considering that\u00a0C\u00f3rrego do Feij\u00e3o was certified as stable by German consulting group T\u00fcv S\u00fcd only days before the deadly accident.<\/p>\n

Click here<\/a>\u00a0for complete coverage of the dam burst at Vale’s C\u00f3rrego do Feij\u00e3o mine.<\/em><\/p>\n

The post Vale denied stability re-certifications on 17 dams, dikes<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

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.<\/p>\n

The post Vale denied stability re-certifications on 17 dams, dikes<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1274,1275,404,369,440,703],"tags":[19,294,71],"class_list":["post-1108518","post","type-post","status-publish","format-standard","hentry","category-brumadinho","category-corrego-do-feijao","category-mining-news-and-commentary","category-miningcom","category-south-america","category-vale","tag-brazil","tag-iron-ore","tag-latin-america"],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1108518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1108518"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1108518\/revisions"}],"predecessor-version":[{"id":1108636,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1108518\/revisions\/1108636"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1108518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1108518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1108518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}