Brazil Mining News

Miners try to move away from fossil fuels — report

A research report by Wood Mackenzie states that electrification and automation will be a key priority for global mining companies.

Runaway train wreck, copper outages cost BHP $600 million

Three incidents occurred during the second half of 2018 hit BHP's production volumes by 4 million tonnes of iron ore and 70,000 tonnes of copper.

Brazilian general with mining ties to solve industry-indigenous disputes

General Franklimberg Ribeiro de Freitas’s return to the country’s Indigenous Rights Agency (Funai) is seen by many as positive, as the agency has lost funding and authority on land issues.

Brazil general with mining link takes over indigenous agency

Environmentalists say the tribes are the last guardians of the rainforest and opening their lands to commercial activity will speed deforestation of the Amazon.

Mining the Americas in 2019 — a forecast

Canada's cobalt sector and Ecuador's budding mining sector for copper and gold will be investment hot spots.

Brazil miner Vale gets approval to buy 3 wind farms in northeast

The move has comes as Vale aims to generate all of its energy needs from renewable sources.

Norsk Hydro CEO eyes Brazil plant restart in "weeks or months"

The plant is operating at half capacity after early last year admitting it had made unlicensed emissions of untreated water.

Equinox’s gold mine in Brazil days away from commercial production

The Canadian junior expects to mine 230,000 to 265,000 gold ounces this year from both Aurizona mine in Brazil and its recently acquired Mesquite gold operation in California.

Anglo American management shake-up sees Brazil-based CEO replaced

Ruben Fernandes, who has led the company’s iron ore and nickel interests in the South American country for almost three years, will become CEO of Base Metals effective March 1.

Board of Brazil's Vale gives CEO Schvartsman another term

Schvartsman, appointed CEO in March 2017 to replace Murilo Ferreira, had been set to end his term in May.

Eight months and millions later, Anglo American restarts Minas Rio mine

The massive iron ore mine was expected to produce 16 million tonnes this year, but that will now generate just 3 million tonnes of the steelmaking material.

Largo more than doubles strike length at NAN vanadium deposit

Largo expects to table a maiden resource at NAN in early 2019 after receiving all the assays from its latest program.

The security risks of mining in Latin America

Americas Market Intelligence says companies need to do their due diligence.

Vale buys innovator New Steel for $500m

Vale has focused on sales of better quality iron ore, mostly from its S11D project in Pará state, as demand for the cleaner and less polluting product rises in China, its main market.

Toronto miner Amarillo allowed to stay in Brazil

The company received approval for a three-year extension of its mining concessions for the Posse gold deposit.

TechMet appoints Admiral Mike Mullen Chairman of advisory board

TechMet has been operational for over a year and has assets, deployed in mining, processing and recycling projects around the world, including Canada, Brazil, Rwanda and Burundi.

Anglo ending 2018 on high note, predicts higher output, lower costs

The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.

Vale doubles down on nickel ahead of EV revolution

Vale needs to sort out once and for all its problem child, Goro, and keep its fingers crossed that Tsingshan's announcement is, for now at least, "just talk".

Brazil to auction 20,000 mining areas in first half 2019

The agency is creating a system to carry out the auction electronically,

Vale says recent dip in global steel prices is temporary

Global capacity utilisation in the steel sector has risen to 76% this year from 73% last year, indicating excess capacity in the sector is shrinking.

Altamira expands land position in Brazil

The Vancouver-based miner submitted an application to expand to 300,000 hectares its land position at the Firminho project.

Brazil launches new mining agency days before Temer steps down

Changes to Brazil’s 50-year-old mining regulations also came in effect Wednesday and include measures that make the country’s industry more competitive and sustainable.

Vale to go it alone on $500m investment in New Caledonia nickel mine

New Caledonia could be a very important part of our strategy to supply nickel, especially given the EV revolution.

What to watch in commodities: Trump-Xi, OPEC, iron, Tesla, crops

It’ll be an important week for iron ore, which has been badly beaten up in November.

Navy admiral named Brazil’s Minister of Mines and Energy

Albuquerque, 60, will tackle offshore oil licensing rounds and planned energy privatizations.