Vale has faced growing pressure to prove that its remaining dams are safe.
Iron Ore Mining News
The world’s iron ore producer has faced continued backlash from Brazilian authorities since the deadly mining dam accident that killed around 300 people in January.
Miner has hit back at a push to make it more accountable for carbon emissions produced by its customers, including Chinese steel makers.
Brazilian prosecutors requested that mining company Vale SA be ordered to guarantee the funds.
Gold production surged 150% year-on-year to 285,000 ounces, while copper production of 159,100 tonnes marked a 1.1% increase over 2017.
Output reached 1.34 million tonnes, the National Bureau of Statistics said on Friday.
The parcel of land proposed by state officials in September 2018 was deemed unsuitable from a social and environmental standpoint.
Once one of the great hopes of West African mining, Sierra Leone was hit by the iron-ore price collapse and the Ebola epidemic around the same time.
Producing a single metric ton of steel in a blast furnace typically releases around 2.3 tons of carbon dioxide, not much less than you’d get from burning a ton of thermal coal for energy.
Brazil's government wants Congress to reconsider a decades-old proposal to allow mining in indigenous reserves, which occupy 13% of the country's territory.
The train had to be deliberately derailed after it reached speeds of 162 km/hour (101 mph), destroying two locomotives, 245 ore cars and 2 km (1.2 miles) of track.
More certainty is needed on the demand outlook before prices can lock in a definitive direction.
The drop in futures mirrored weakness that has prevailed in the physical market since last week, as steel mills reduced output to comply with anti-smog measures.
Out of 800 people polled, 40% prioritize work-life balance.
Vale did not identify the executives or say what relation they had with the operation in Brumadinho, where the Jan. 25 disaster occurred.
Brazil’s new right-wing government is going ahead with announced changes to current mining regulations, which include a controversial plan to open up indigenous reserves to mining.
The hit comes just days after the miner's investors were handed a $4 billion special dividend.
The level 1 alert, the highest in China's four-tier pollution warning system, has been in place since March 1 and requires steel mills to curb output by 40%-70%.
Production at the mine was halted after talks on the deal with the Zeljeznice RS railway company collapsed last week.
The members of the Alliance agreed on the urgency of examining tailings from the perspective of disposal and closure.
ABB Ability MineOptimize connects all electrification, automation and digital offerings to optimize all stages in the lifecycle.
The recent collapse of the tailings dam at the Brumadinho iron mine in Brazil underscores the urgent need for effective tailings management.
The world's largest iron ore miner plays an important role in Brazil's economic development.
The diversified miner's CEO Mark Cutifani earned $72,000 per day last year.
The allegations were contained in a document given to Vale recommending the immediate “temporary removal” of top executives.