Brazil Mining News

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."

Vale's iron ore output will rise only if prices increase -CEO

Fabio Schvartsman said the company would ramp up annual production to 450 million tonnes only when prices rise.

Brazil's Usiminas seeks to sell stake in miner Musa

Brazilian steelmaker Usiminas has hired Banco BTG Pactual SA to sell its 70 percent stake in its mining company.

Brazil's Samarco mine unlikely to restart in 2019 -BHP

There is little likelihood that Brazil's Samarco iron ore mine, a joint venture between Vale SA and BHP Billiton, will restart operations next year even though it expects to have all of the required licenses.

Brazil steelmaker Usiminas resumes some operations after plant blast

Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA will resume partial operations on Monday at its Ipatinga plant after an explosion injured 34 workers.

Brazilian steelmaker Usiminas: those injured in blast have left hospital

The blast was centered on a huge barrel-shaped piece of equipment that stores gases released during the steel production process.

CSN hires Jefferies to sell assets in Portugal, Germany -paper

The Brazilian steelmaker is also seeking to close a streaming deal next week with a Canadian bank for its mining output in coming years.

Several people hurt in blast at Brazil steelmaker Usiminas' plant

Brazilian steelmaker Usinas Siderurgicas de Minas Gerais said said none of the injuries were severe.

BHP says Brazilian court approves settlement for Samarco

Samarco, a joint venture of Vale SA and BHP Billiton, expects to obtain next year all licenses needed to resume operations.

Samarco eyes restart in 2019, when Brazil license analysis concludes

Samarco expects to obtain next year all licenses needed to resume operations suspended after the 2015 environmental disaster.

Miners set to spend $11B in search of the next jackpot

Miners and investors are poring over satellite images, tracking drilling rigs and quizzing company executives for clues.

Brazil mining exports to rise 2.5 pct in 2018 -Ibram

By value, mineral exports are expected to increase to $30 billion from $28.37 billion last year.

Brazil studying auction of rights to six unexplored mining areas in 2019

The unexplored areas that have significant potential output of copper, gold, phosphate and other minerals.

Has Anglo American found something big in Brazil?

The company might have found an exciting copper deposit in Brazil.

Norsk Hydro eyes restart of Brazil alumina refinery by mid-2019 or earlier

Brazilian authorities ordered Hydro in February to slash output from Alunorte, the world's largest alumina refinery.

BHP to fight class action over Samarco dam failure

Law firm leading the action says it has more than 3,000 investors signed up to pursue the miner for losses.

Brazil changes rules – Mining investor big winners

Brazil has been one of the hardest hit countries since the natural resources boom ended.

Vale’s iron ore output hit fresh record high despite trucker strike

Iron ore output hit 96.755-million tonnes in the three months to June 30, while pellet output reached 12.838-million tonnes, despite a nationwide truck drivers strike that paralyzed the country in May.

Brazilian ex-billionaire Batista sentenced to 30 years in jail for bribery

Eike Batista, who was once one of the richest men in the world, was found guilty of bribing former Rio de Janeiro governor Sergio Cabral in exchange for contracts.

OZ Minerals to complete Brazil-focused Avanco takeover

OZ Minerals has announced that it has a relevant interest in Avanco of more than 90%, which means the company will now “compulsorily acquire” all of the remaining shares and acquire the fellow copper producer entirely.

Yamana kicks off production at Argentina’s gold-silver mine

The miner, which has set an exploration objective of adding one million gold equivalent ounces to Cerro Moro's mineral inventory, has hiked its exploration budget for 2018 to $11.2 million from $9 million.