Brazil Mining News

Anglo American ‘encouraged’ by drilling results from copper asset in north Brazil

The company's chief executive in Brazil talked about “very promising” drilling results at property located on the edge of the Amazon rainforest.

Samarco could begin partial production in 2020 after dam burst – Vale CEO

Samarco, a joint mining venture between Brazil's Vale and BHP Billiton, could resume production at a third of its capacity at the beginning of 2020.

Anglo American delays Minas Rio ramp-up

Operations will resume before year end, but a planned ramp-up to 26.5 million tonnes per year is likely to be pushed back to 2021 from 2020.

Vale rules out major acquisitions

CEO Fabio Schvartsman said the company would only invest further in nickel if global prices for the metal rise from $13,000 per tonne currently to around $20,000 per tonne.

Rio Tinto Says Q3 production falls on planned maintenance and safety pauses

Iron shipments fell about 5 percent, hurt by planned maintenance and safety pauses across all operations following a fatality.

Brazil's Vale third-quarter iron ore output hits all-time high

Iron ore production at the S11D and Carajás projects grew nearly 20 percent to record 53.9 million tonnes, accounting for most of the increase.

Leagold closing Brazil mine for two months due to drought

The company's recently-acquired Riacho dos Machados (RDM) mine will be closed for about two months.

Norsk Hydro to resume Brazil's Alunorte output at half capacity

Norsk Hydro said on Tuesday it has won permits from Brazilian authorities to restart operations at half capacity at its Alunorte alumina refinery.

Norsk Hydro to resume Brazil's Alunorte output at half capacity

Norsk Hydro has won permits from Brazilian authorities to restart half the capacity of its Alunorte, the world's largest alumina refinery.

Hydro shutdown pushes up shares of South 32, Alumina Ltd

Hydro plans to halt production and lay off 4,700 people at Alunorte, which has been operating at half capacity since March due to an environmental dispute.

BHP and Vale reach final settlement in Brazil over dam failure

The definitive agreement comes almost three years after the incident, which killed 19 people and became the country’s worst ever environmental disaster.

Brazil's Vale shareholders near deal to pay Eletron $692m

Two major shareholders of Brazilian mining company Vale SA are likely to reach an agreement on Wednesday to pay 2.82 billion reais ($692 million) to Eletron to settle a dispute over Vale shares.

Canada’s Maxtech Ventures to expand footprint in Brazil with manganese JV

The Vancouver-based miner said it has signed a non-exclusive letter of interest to form a JV with an undisclosed local company on claims where manganese mineralization has been proven.

Great Panther acquires Brazil gold miner for $105 million

The transaction includes the acquisition of three producing mines and an advanced stage project.

BHP seeks approval for $50m US pact over fatal Brazil dam burst

It would resolve shareholder claims stemming from the Nov. 5, 2015 bursting of the Fundão dam in Minas Gerais run by Samarco.

Vale eyes expansion of Brazil iron ore mine to feed Chinese demand

China, the world's biggest consumer of the steelmaking ingredient, has ramped up buying of higher-quality, less polluting grades of iron ore as it battles to clear its notoriously smoggy skies.

Nexa says to invest $1.17 bln in Peru, Brazil in five years

About $816 million will be invested in Peru, including $555 million in copper projects and $216 million in zinc.

Yamana warns Argentina’s looming tax on exports could hit bottom line

Miner is mulling ways to mitigate the impact of Argentine President Mauricio Macri's surprise decision to impose a temporary tax on all exports to strengthen the country’s ailing economy.

Belo Sun license should be reviewed by Brazil federal Gov’t, court rules

The Canadian company's Volta Grande project is expected to become the South American country’s largest gold mine.

Vale truck fleet at Brazil mine going fully autonomous in 2019

Using seven Caterpillar 793F CMD autonomous trucks, the miner was able to transport 26% more ore at Brucutu mine in just a month.

Chinese aluminum gushes onto world markets on Rusal supply fears

Aluminum prices jumped in April after the U.S. announced sanctions on Rusal, the top supplier outside of China.

Glencore seeks to grow Brazil fuel distribution unit -Ale CEO

Glencore expects its recently acquired Brazilian fuel distribution company Ale Combustíveis SA to pursue growth opportunities without making acquisitions.

Norsk Hydro working to convince Brazil to resume full output at Alunorte refinery

Hydro was ordered to slash output by half at Alunorte after the company admitted to making unlicensed emissions of untreated water during severe rains.

Trump allows targeted relief on steel, aluminum quotas -Commerce Department

South Korea, Brazil and Argentina will benefit from the measure.

Seven new powerhouses to drive mineral demand: EMR exec

"It is not just China."