November 19, 2019 SEC opens preliminary probe of Vale over dam tragedy The US regulator decided to proceed with the probe of the company last week after a meeting with Brazilian prosecutors.
November 18, 2019 Deforestation in Brazil’s Amazon hits “highest level in a decade” Areas where trees have been removed soared 29.5% to 9,762 square km in the year to July 30, 2019 at a pace equivalent to about two soccer fields a minute…
November 15, 2019 Russian steel giant MMK to spend $600 million on environmental projects The news comes only a week after Russia ditched plans to set greenhouse-gas emissions targets.
November 15, 2019 Global public consultation launched on tailings dam standards The initiative aims to prevent a repeat of Vale's tailings dam burst in January, which killed 300 people.
November 14, 2019 BHP’s incoming CEO a much needed breeze of fresh air for the mining industry “Ethical,” “thoughtful,” “gender-equality champion,” are just some of the adjectives describing Mike Henry, BHP's next leader.
November 13, 2019 Caterpillar moves a billion tonnes autonomously at Fortescue Metals The mine’s fleet of autonomous trucks traveled more than 33.5 million km without a single safety incident.
November 13, 2019 BHP names Mike Henry as new CEO Henry will replace Andrew Mackenzie effective January 1, 2020.
November 13, 2019 China-backed JV to develop giant Simandou north iron ore deposit in Guinea Guinea’s Societe Miniere de Boke (SMB) and Singapore’s Winning International Group offered $14 billion to build a mine and related infrastructure.
November 11, 2019 Global iron ore production to grow 0.9% annually until 2028 – report Fitch analysts expect to see continued regulatory scrutiny over Vale and the iron ore sector.
November 11, 2019 Vale outlook cut implies at least 14.7% sales drop in 2019 The outlook change is due to "greater visibility on sales expected for the fourth quarter."
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