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Brazil shuts 47 mining dams deemed unsafe

Cecilia Jamasmie | April 03, 2020 | 3:52 am Markets News Top Companies Latin America Iron Ore 

Brazil has ordered the immediate closure of 47 mining dams that failed to certify their stability, with more than half of them belonging to Vale (NYSE: VALE), whose Córrego do Feijão iron ore mine’s tailings suffered a catastrophic failure in January...

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