Brazil Mining News

Prosecutors, Samarco to ask more time for disaster's compensation plan

They are seeking to obtain 30 more days to finish details of the plan.

Brazil's Usiminas plans to raise steel prices, reopens furnace

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.

After setbacks, Anglo American counting on turnaround for Minas-Rio mine

Minas-Rio is Anglo American’s biggest development project, and its bet on the future of iron ore.

Anglo gives 30-day leave to workers at suspended Brazil iron ore mine

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.

Brazil's Vale reports iron ore output slips in Q1

The world's top iron ore producer said that heavy rains in the first three months of the year impacted its output.

Canada’s new player in Brazil gets to work

A diamond drilling campaign is about to start at the Salobro Zinc Project.

ICSID rejects BSGR’s motion in battle over Simandou iron ore project in Guinea

The information was made public by The Wall Street Journal, whose journalists had access to a procedural order.

Brazil state fines Anglo American $37.73 million over pipeline leak

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.

Canadian junior joins 'staking rush' in Brazil

Altamira Gold is mimicking big players' strategies in the Juruena Belt.

Anglo needs 90 days to inspect leak at Brazil iron ore operations

It said the leak of non-hazardous iron ore slurry was stopped within eight minutes and caused no disruption to local water supply.

Anglo American ordered to halt Brazil ops again after leak

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.

Avaaz launches campaign against Belo Sun’s massive Brazilian mine

The U.S.-based online activist network launched a campaign to gather signatures to oppose the construction of the Volta Grande project.

Aura Minerals wants to reactivate projects under care and maintenance

The miner is working towards reactivating its Aranzazu and São Francisco gold projects in Mexico and Brazil, respectively.

Copper price: 120% premium for Brazil junior another bullish sign

Oz Minerals offers top dollar for Avanco which boasts top private equity players and Glencore as major shareholders.

Labour groups file OECD complaint against BHP and Vale over dam-burst disaster

The accident killed 19 people, left hundreds homeless and unemployed and caused sludge to wash downstream into the neighbouring state of Espírito Santo.

Brazilian pension funds to sell stakes in Vale

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 […]

U.S. govt to accept metals tariffs exclusion requests from Monday

It could take up to 90 days to make determinations.

Anglo says cleaning up mining will earn it billions in profit

Mining is a dirty business, but Anglo American Plc Chief Executive Officer Mark Cutifani says it doesn’t have to be.

Anglo American halts output at Brazil ore unit after duct failure

Anglo said there was leakage of a mixture of iron ore and water to a local watershed.

Workers at Cajamarquilla zinc smelter in Peru end strike

Workers had downed tools on Monday to demand higher wages and better benefits, according to a union leader.

More countries want to be exempt from Trump’s tariffs

Brazil, Argentina, Japan and the EU have expressed concerns about the measure.

Brazil court denies Norsk Hydro request to resume production

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's ex-wife says he hid a gold mine during divorce

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 iron ore mine could reopen this year

Samarco Mineracao – a Vale-BHP joint venture – ceased operations in November 2015 following a deadly tailings dam burst.

Brazil's Vale 4th-qtr profit misses as costs rise, forex weighs

Vale said in a securities filing that net income totaled $771 million, compared with an average consensus estimate of $2.537 billion.