Tag: Vale SA

• Thursday, June 20th 2019 - 09:20 UTC

  Vale resumes full operations at Brucutu mine easing pressure on iron ore markets

  

  Brazilian miner Vale SA said on Wednesday that it will fully resume operations at its Brucutu mine within 72 hours after an appeals court overturned an earlier ruling that halted processing because of concern about the safety of a nearby dam.

• Thursday, April 11th 2019 - 09:07 UTC

  Brazilian prosecutors planning to file criminal charges to mining giant Vale SA

  

  Brazilian prosecutors plan to file criminal charges against Vale SA and employees of the mining giant over the deadly collapse of a mine-waste dam in January, the lead investigator told The Wall Street Journal.

• Saturday, March 23rd 2019 - 08:58 UTC

  Brazil's Vale allegedly quashed efforts to audit the dam that killed 300 people

  

  Executives at Vale SA, the world's largest iron ore miner, quashed efforts by Brazilian authorities to audit one of the company's mining dams months before it collapsed and killed over 300 people, a state prosecutor was quoted as saying by news website G1 on Wednesday.

• Tuesday, March 19th 2019 - 08:17 UTC

  
Brazil's Vale iron ore miner ordered to suspend operations in two more dams

  

  Brazilian court has ordered Vale SA, the world's largest iron ore miner, to suspend operations at two more dams, demanding that it prove the structures are stable. The court decision dated Friday is the latest in a series of orders forcing Vale to halt operations at various dams that contain the muddy detritus of mining operations after one such barrier collapsed in January, killing some 300 people.

• Friday, February 22nd 2019 - 09:12 UTC

  Brazil's Vale ordered to suspend more iron ore operations fearing dam breaks

  

  Brazil's mining agency (ANM) has ordered Vale to suspend operations at its Fabrica and Vargem Grande complexes, as part of an ongoing crackdown following last month's deadly dam break at the iron producer’s Corrego do Feijão mine.

• Saturday, February 16th 2019 - 10:26 UTC

  Brazil arrests eight officials from mining giant Vale over the dam collapse

  

  Brazilian authorities arrested eight employees of mining giant Vale on Friday over a dam collapse at one of its mines three weeks ago that killed at least 166 people and left 147 missing, presumed dead.

• Wednesday, February 13th 2019 - 09:12 UTC

  NGOs demand Brazilian miner Vale be excluded from UN's corporate responsibility pact

  

  A group of international non-governmental organizations on Tuesday demanded that Brazilian miner Vale SA be excluded from the United Nations' corporate responsibility pact, after a mining dam burst that killed an estimated 300 people.

• 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

• Tuesday, February 12th 2019 - 09:24 UTC

  China iron ore futures soar on concerns over the Vale tragedy in Brazil

  

  China iron ore futures rose to a record on Monday, the first session after a week-long national holiday, on concerns that supply from Brazil, the country’s second-largest ore supplier, may decline after a fatal dam accident at a Vale mine.

• Wednesday, February 6th 2019 - 09:20 UTC

  Vale in deep legal “sludge” over dam burst: 135 dead and 200 missing

  

  A report commissioned by Brazilian miner Vale SA last year to look into the stability of the tailings dam that ruptured January 25, killing 135, certified it as sound but raised concerns over its drainage and monitoring systems, newspaper Folha de S Paulo reported on Tuesday.