Tag: miner

• Thursday, August 1st 2019 - 09:56 UTC

  Brazilian miner Vale reports quarter loss: US$ 2bn write-downs to compensate for deadly dam bursts

  

  Brazilian miner Vale SA on Wednesday said it swung to a quarterly loss as the company announced more than US$2 billion in fresh write-downs related to two deadly dam bursts suffered by the company over a period of less than four years.

• Thursday, June 13th 2019 - 09:31 UTC

  Chilean copper miners on the verge of strike as of Friday

  

  More than 3,200 workers at Chile's huge Chuquicamata copper mine plan to go on strike this week after union-management talks broke down, state-run miner Codelco - the world's largest copper producer - said on Wednesday.

• Tuesday, February 12th 2019 - 10:25 UTC

  Growing evidence shows Vale was made aware of dam's rupture risk

  

  Vale SA, the world’s largest iron ore miner, knew last year that the dam in Brazil that collapsed in January and killed at least 165 people had a heightened risk of rupturing, according to an internal document, Reuters reported on Monday

• Wednesday, January 30th 2019 - 09:14 UTC

  Vale vows to cut 10% iron ore output and decommission ten dangerous sludge dams

  

  Vale SA, the world’s largest iron ore miner, on Tuesday vowed to take as much as 10% of its ore output offline in order to decommission ten more dams like the one that burst last week, killing scores of workers and nearby residents.