Brumadinho dam collapse could have been predicted weeks in advance – study
A new study shows that by applying satellite radar imaging InSAR, it is possible to predict a dam burst.
Vale says BSG ordered to pay it $1.25B
Simandou holds over two billion tonnes of iron ore reserves and some of the highest grades in the industry. (Image courtesy of Rio Tinto Simandou)
SAO PAULO – Vale SA said on Tuesday a London arbitration court had ordered BSG Resources Limited to pay the iron ore miner $1.246 billion related to a dispute between the companies over a joint venture in Guinea.
The joint venture intended to explore for iron assets at the Simandou prospect, but the concession was revoked in 2014 by Guinea’s government.
