Vale’s Sul Superior Dam in critical condition
The dam is located in the municipality of Barão de Cocais, in the southeastern Brazilian state of Minas Gerais.
Latest Stories
China dumped steel wheels on U.S. market — Commerce Dept
U.S. imports of steel wheels from China were valued at $388 million in 2017.
VanEck shares Paulson’s concerns on Newmont-Goldcorp merger
Mounting investor concerns sent Goldcorp shares tumbling in New York.
30 countries face higher resource nationalism risk — report
On the upside, the RNI report shows that 24 nations have seen improvements in their index performance.
Antofagasta expects water agreement with BHP for Zaldivar mine
Both companies are seeking to extend existing permits to draw water from Chile's water-constrained Salar de Atacama.
Philippines’ Philex delays copper-gold mine start by four years
The Silangan copper and gold mine could be Philex's biggest source of revenue after its 61-year-old Padcal mine in the north is expected to close in 2022.
Glencore suspends Australian zinc mine as cyclone nears
Authorities have declared a state of emergency in the region as Tropical Cyclone Trevor nears.
Hudbay Minerals granted final permit for $1.9B Rosemont copper mine
The operation is expected to be the third-largest copper mine in the U.S., employing about 500 people and accounting for approximately 10% of the country’s total copper production.
U.S. coal miners are shovelling more money than ever at investors
Strong export prices are providing healthy cash flows for now. But with U.S. utilities largely shifting to cheap natural gas and clean renewables, there’s not much reason to dig new mines or scoop up acquisitions.
