Brazil Mining News

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.

Samarco could reach partial deal with Brazil prosecutors on Monday

Samarco's operations have been suspended since Brazil's mining disaster.

Samarco is said nearing settlement with Brazil prosecutors

Resolving the legal cases will allow talks with creditors to begin as the company starts to draft its long-term business plan.

Brazil's new mining code rules rolled out

The new rules are a clear effort to improve the current legislation as seamlessly as possible, but in close attention to the international industry dynamics and to a number of other sensitive issues (such as environmental recovery and security).

Brazilian President changes decades-old mining laws to lure investment, protect environment

The two separate decrees aim at making the local industry more competitive and sustainable, while while implementing rules on the collection of higher mining royalties.

Vale moves ahead with long-awaited expansion of Voisey's Bay mine

Transiting Voisey's Bay nickel mine from open-pit operations to underground will cost about $2 billion, and is expected to extend its productive life to 2035.

Vale confirms coming ‘announcement’ about Canada’s Voisey's Bay mine

Government and company officials told CBC News that a "significant" mining announcement would take place on Monday.

Brazil’s President to change mining regulations as early as next week

Michel Temer is expected to issue a decree next week introducing key changes to mining rules that date back to the 1960s.

OZ Minerals closer than ever to grabbing Brazil-focused Avanco

The takeover offer, which expires next week, offers great exploration potential because Avanco owns a vast landholding in the copper and iron ore-rich Carajás region, second only to giant Vale.

Miners creep through legal minefield as Brazilian scales tip

Global miners face a new reality in Brazil as local, judges included, react quicker and more ferociously to legal infractions.

Brazil truckers strike having limited impact on Vale operations – CEO

The company will announce "organic growth" in the coming months.

Avanco axes Brazil copper mine production over truck drivers strike

The company had warned last week that operations at the open pit mine would be affected by the strike, as fuel and consumables failed to be delivered to site, while road blocks on highways prevented sending output to port.

Vale sees key mine topping iron ore output forecasts in 2018 -source

Brazilian miner Vale SA expects iron ore output at its premier S11D mine to reach 58 million tonnes this year.

Iron ore market dynamics are shifting beneath calm facade: Russell

Structural changes in the world's biggest importer, China, are re-shaping how the industry works.

It’s not about scoring the big win, it’s about not backing losers

MINING.com discusses the state of private equity investment in mining with Michael Scherb founder of Appian Capital.

Iron ore king vows to protect market from days of boom and bust

Fabio Schvartsman is pursuing a disciplined approach, keeping tens of millions of tons in the ground each year to prevent another painful glut.

Yamana begins gold and silver production at Cerro Moro mine in Argentina

Commercial production is expected in the second quarter of the year.

BHP faces shareholder class action over Brazil mine disaster

Australian law firm Phi Finney McDonald alleges BHP knew the dam was at imminent risk of breaking but did not tell markets.

Votorantim swings to profit on higher metal prices

Votorantim said profit was also boosted by sales growth in its aluminum and cement businesses.