Tag: Vale SA

Friday, September 4th 2020 - 08:44 UTC
Brazil tightens safety demands for dams in the mining industry

Brazil's Senate passed a bill on Wednesday that tightens the safety rules and inspection for dams in the mining industry, setting fines of up to 1 billion reais (US$ 200 million) for failure to comply.
Wednesday, December 18th 2019 - 08:58 UTC
Brazilian investigative journalism unveils cracks in a tailings' dam, like the one that burst a year ago killing hundreds

State prosecutors in Brazil have identified cracks in a tailings dam owned by iron ore mining company Vale SA and have asked the firm to hire an independent auditor to look into the matter, a television station reported on Friday night.
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 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.