March 29, 2019 Brazil’s Vale proposes increase of board, more mining execs According to a securities filing on Thursday night, three board members will be independent and nine will be appointed by controlling shareholders.
March 28, 2019 Brazil’s Vale slashes iron ore sales estimate after dam burst Vale SA estimates selling up to 75 million tonnes less iron ore this year, after several mines were halted following its second deadly dam burst in less than four years.
March 28, 2019 Struggling small miners may lead to bigger industry woes Small miners are finding it increasingly difficult to raise capital to fund new ventures despite the positive demand outlook for several commodities.
March 28, 2019 Australia launches Critical Minerals Strategy 2019 focused on innovation and tech The plan puts emphasis on emphasis on agritech, aerospace, defense, renewable energy and telecommunications.
March 27, 2019 Brazil’s Vale announces writedowns, profit after dam disaster Vale posted fourth-quarter profit of $3.786 billion, compared with $771 million a year earlier.
March 27, 2019 UNEP, ethical investors join miners’ quest for global tailings rules Currently there are no set of universal rules defining exactly what a tailings dam is, how to build one and how to care for it after it is decommissioned.
March 26, 2019 Brazil’s Vale iron ore output rose 8% in 4th quarter For all of 2018, Vale's output was 384.639 million tonnes, slightly below its previously divulged outlook of 390 million tonnes.
March 26, 2019 Vale reports Brazil state authorities freeze $765m of its assets The decision was based on ensuring compensation for those who may have suffered losses from the cessation of operations at Vale’s South Upper dam.
March 25, 2019 Australian miners see some impact from two cyclones, clean up begins Businesses affected included those in the iron ore export hubs of the Pilbara region, as well as Rio Tinto's bauxite operations in Weipa to the east.
March 25, 2019 Vale ordered to halt 13 more dams, Brucutu mine restart delayed The world’s biggest iron ore producer said the injunction will impact production at its massive Brucutu mine, as it will now take longer than expected to bring it back on…
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