They are seeking to obtain 30 more days to finish details of the plan.
Brazil Mining News
Shares of the company rose over 2 percent on Tuesday on the outlook for stronger steel demand, driven by a growing recovery in Brazil's auto industry.
Minas-Rio is Anglo American’s biggest development project, and its bet on the future of iron ore.
The company halted production and transport operations for 90 days at the Minas-Rio mine to comply with a request by authorities that it inspects a pipeline that has leaked twice.
The world's top iron ore producer said that heavy rains in the first three months of the year impacted its output.
A diamond drilling campaign is about to start at the Salobro Zinc Project.
The information was made public by The Wall Street Journal, whose journalists had access to a procedural order.
The leak in the pipeline, which carries slurry to a port in Rio de Janeiro state, occurred on March 12 and forced the miner to suspend operations until March 27.
Altamira Gold is mimicking big players' strategies in the Juruena Belt.
It said the leak of non-hazardous iron ore slurry was stopped within eight minutes and caused no disruption to local water supply.
A document by Brazilian environmental watchdog Ibama seen by Reuters said Anglo American would only be allowed to resume operations once it demonstrates the pipeline's security.
The U.S.-based online activist network launched a campaign to gather signatures to oppose the construction of the Volta Grande project.
The miner is working towards reactivating its Aranzazu and São Francisco gold projects in Mexico and Brazil, respectively.
Oz Minerals offers top dollar for Avanco which boasts top private equity players and Glencore as major shareholders.
The accident killed 19 people, left hundreds homeless and unemployed and caused sludge to wash downstream into the neighbouring state of Espírito Santo.
Exclusive information obtained by Reuters reveals that Brazilian pension funds led by Previ are planning to sell 10 per cent to 12.5 per cent of their stakes in iron ore miner Vale SA (NYSE:VALE) through […]
It could take up to 90 days to make determinations.
Mining is a dirty business, but Anglo American Plc Chief Executive Officer Mark Cutifani says it doesn’t have to be.
Anglo said there was leakage of a mixture of iron ore and water to a local watershed.
Workers had downed tools on Monday to demand higher wages and better benefits, according to a union leader.
Brazil, Argentina, Japan and the EU have expressed concerns about the measure.
Norsk Hydro ASA to resume full operations at its unit Hydro Alunorte, a court said, in the latest setback after allegations it had contaminated water in the area.
Eike Batista, the former billionaire who lost his fortune and spent time in jail for alleged corruption, has a new headache: a lawsuit from his ex-wife.
Samarco Mineracao – a Vale-BHP joint venture – ceased operations in November 2015 following a deadly tailings dam burst.
Vale said in a securities filing that net income totaled $771 million, compared with an average consensus estimate of $2.537 billion.