Brazil Mining News

Vale ordered to halt 13 more dams, Brucutu mine restart delayed

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.

Vale’s Sul Superior Dam in critical condition

The dam is located in the municipality of Barão de Cocais, in the southeastern Brazilian state of Minas Gerais.

Brazil court orders Vale to halt operations at Dique III mine

Vale has been targeted by several court verdicts related to mines that use dams similar to the one that burst in the town of Brumadinho in January.

Another 10MT of iron ore off the market as Vale halts Alegria mine

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.

Miner Vale quashed efforts to validate dam safety before disaster – prosecutor

A state prosecutor filed subpoenas with Vale last June to review safety documents regarding its dam, but Vale's lawyers later argued that they had received positive reviews by an auditor.

Brazil's Vale to resume work at largest mine in Minas Gerais state

A local court has cleared the way for Vale to resume operations at the Brucutu mine.

Brazilian court suspends operations at two more Vale dams

Vale has faced growing pressure to prove that its remaining dams are safe.

Brazilian court freezes $260 million from Vale’s accounts

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.

U.S., Brazil could collaborate on nuclear reactors — Brazil energy minister

Brazil is preparing legislation that would clear the way for both private and foreign investment in prospecting and mining for uranium in the country.

Prosecutors seek $13 billion from Vale for environmental restoration

Brazilian prosecutors requested that mining company Vale SA be ordered to guarantee the funds.

Brazil government kickstarts efforts to mine indigenous reserves: official

Brazil's government wants Congress to reconsider a decades-old proposal to allow mining in indigenous reserves, which occupy 13% of the country's territory.

Brazil's Vale removes executives after request by dam burst prosecutors

Vale did not identify the executives or say what relation they had with the operation in Brumadinho, where the Jan. 25 disaster occurred.

Amazon rainforest's riches up for grabs as Brazil to open indigenous reserves to mining

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.

Great Panther completes acquisition of Brazilian miner

The Vancouver-based company now owns the Tucano mine, considered the second largest gold producer in Brazil.

Tin's bright electric future poses supply problem

Research by the Massachusetts Institute of Technology (MIT) projected that tin could be the metal with the most to gain.

Brazil minister calls Vale 'important' even as prosecutors probe miner

The world's largest iron ore miner plays an important role in Brazil's economic development.

Vale fired inspection firm that failed to certify dam: prosecutors

The allegations were contained in a document given to Vale recommending the immediate “temporary removal” of top executives.

Investors spooked by Brazilian Vale's surprise CEO shake-up

"Being part of the old Brazil, the land of impunity, doesn't work anymore."

Vale's CEO, other execs, to step down after Brazil dam burst

The company described the move as 'temporary.'

Vale probe could lead to fine of 20% of revenue from 2018

Vale will be on the hook for about $7.2 billion should Brazil’s government fine the company 20% of annual revenue.

Brazil gold mine blast kills two — Canada's Leagold

The company has started an investigation.

Brazil judge orders Vale workers out of jail

The company and its workers are under investigation for criminal responsibility for "qualified homicides."

Moody's cuts Vale's credit rating to junk

“The outlook for all ratings is negative.”

Brazil’s deadly dam collapse pushes miners to set global rules for tailings

The International Council on Mining and Metals (ICMM), a London-based industry group representing 27 companies, is setting an independent panel of experts to develope a global standard for tailings facilities to be enforced to its members.

Brazilian iron ore supply disruptions to be expected – Report

Wood Mackenzie says close to 8 million tonnes of seaborne supply from Brazil is at risk in 2019.