Vale Mining News

China's iron ore posts first weekly loss in 2019

China's steel mills appeared reluctant to restock despite the supply outage from Brazil.

Anglo American core profit beats, on journey to 'zero harm'

No degree of financial performance is worth a life.

Brazil mining authority halts two Vale complexes

The decision was made in light of a possible failure of five dams at both complexes, which are located in Minas Gerais, the same state where the Feijão mine dam collapsed last month.

China steel futures extend gains, iron ore ends flat

Iron ore continues to influence the ferrous complex, steel prices reflect the rising cost of iron ore and producers are passing it on to the consumers.

Dry bulk market prospects worsen after Brazil dam disaster-shipper Golden Ocean

The final effect on seaborne volumes is yet to be seen, but it is likely that an expected increase in exports from Brazil for 2019 will instead be a small contraction.

BHP can't rescue iron ore market after Brazil dam disaster

'We don’t see the case for any major investment in iron ore' - Mackenzie

Miners' waste problem will only get worse

It’s taken two tragedies in just over three years, but the mining industry is finally starting to clean up its act.

BHP urges miners to create global body to oversee tailings dams

CEO Andrew Mackenzie said it was too early to say what impact the recent Vale tailings dam disaster will have on efforts to restart BHP and Vale's jointly owned Samarco mine, shut since November 2015 after a dam collapse killed 19 people.

Brazil bans upstream mining dams after Vale's latest disaster

All so-called upstream dams need to be decommissioned or removed by August, 2021, according to a resolution the National Mining Agency published on Monday.

Vale evacuates 200 people from town near its Mar Azul mine

The tailings dam at the iron ore mine is inactive so the miner said the evacuation is precautionary.

Fire shuts down Vale’s Malaysia distribution center

The majority of material from the Malaysian distribution center is Brazilian Blend fines destined for China.

Trust in tailings? Vale dam disaster spurs investors into action

The disaster has called into question the willingness of investors and lenders to continue funding the broader industry.

Miner Vale says fire to halt operations at Malaysia distribution center

The company said the fire should have a reduced impact on shipments as 10 days of preventive maintenance was already programmed at the terminal.

Eight Vale employees arrested in Brazil as part of dam collapse probe

Four people from the German consulting group Tüv Süd, company that certified the safety of Vale’s dams, were also detained.

China iron ore imports rise on pre-holiday restocking

Iron ore supply is expected to tighten after the Vale accident, but actual effects in the Chinese market will not occur until late March.

Brazilian mine tragedy will not be the last tailings dam disaster

Our current prediction is for 19 very serious failures between 2018 and 2027.

Brazil's Vale resumes operations at Espírito Santo port terminal -filing

The authorities had closed the port terminal operated by the miner and fined it 35 million reais ($9.43 million) for throwing mining residues in the sea.

'Let's make Vale private again,' but just not yet

State-development bank BNDES intends to sell shares in the miner, but has yet to find a good moment to do so.

China's iron ore futures extend pullback amid supply speculation

"I think this is just a natural volatility after such a big supply shock"

Nickel rally fades, electric vehicle buzz doesn't

Was it another false dawn for the nickel market?

Inside the global iron ore crisis: What's next in four charts

Iron ore’s dramatic rally will raise costs for steelmakers, potentially crimping their profit margins, unless they are able to pass on the additional burden to customers.

Iron ore futures tumble in Singapore as Vale-driven rally frays

Vale has flagged production cuts of as much as 70 million tons in the wake of the deadly dam breach, spurring worries about a substantial loss of seaborne supply.

Brazil miner Vale knew deadly dam had heightened risk of collapse

We used to say these kinds of mining incidents were acts of God, but now ... we consider them failures in engineering.

Half of the world’s biggest miners do not keep track of their tailings risk management measures -report

The Responsible Mining Foundation says many of the world’s largest mining companies are not able to ‘know and show’ how effectively they are addressing the risks of tailings dam failure and seepage.

Iron ore powers to highest since 2014 as Vale crisis intensifies

This week’s drama has played out as the most important iron ore user has been offline, with Chinese markets closed for Lunar New Year.