May 10, 2019 Vale hopes to return to 400 million tonnes annual output in 2-3 years, CFO says At the same time, CFO Luciano Siani said that quickly restarting production was not the company's top priority after the Brumadinho disaster, for which the company was forced to take…
May 10, 2019 Amazon rainforest is ours and not yours, Brazil tells the world The comments coincide with government plans to review existing conservation areas amid growing pressure from mining and agriculture lobbies.
May 9, 2019 Vale posts $1.64B loss for quarter marred by deadly dam burst The company had posted a net profit of $1.59 billion in the year-ago period.
May 9, 2019 China to tighten steel capacity swapping, boost domestic iron ore output The announcement follows illegal capacity expansions approved by local governments under the cover of capacity swaps.
May 8, 2019 Rio Tinto and Caterpillar to build intelligent mine in Western Australia Once completed, the mine will have an annual capacity of 43 million tonnes, underpinning output of the Pilbara Blend, Rio Tinto’s flagship iron ore product.
May 7, 2019 ArcelorMittal to cut iron ore output, slash jobs in Bosnia Output will be reduced by a third to 1 million tonnes and the job cuts will be carried out from September.
May 7, 2019 Iron ore tugged between Brazilian supply shock, Trump’s trade war Brazil shipped 18.34 million tonnes of iron ore in April, down 17% from the prior month and a massive 29% from the same month a year earlier.
May 7, 2019 BHP hit by $5 billion lawsuit over 2015 dam failure in Brazil The group action suit describes in detail a series of failures and errors of judgment over several years leading to the collapse of the Fundão tailings dam in 2015, owned…
May 6, 2019 Vale says court halts Brucutu iron mining operations World's top iron ore miner guides down production again for 2019 after earlier decision is reversed.
May 2, 2019 Brazil’s Vale asks court for inspection firm documents on burst dam Vale argues that if the German inspection firm TÜV SÜD had not fulfilled its contract it could be held responsible.
Russia says stake in gold producer UGC to be put up for public auction soon In July 2025, a Russian court ruled that the majority stake in UGC should be seized and transferred to the state. December 30, 2025 | 08:24 am
