https://www.engineeringnews.co.za
R/€ = 16.06 Change: 0.00
R/$ = 14.40 Change: -0.02
Au 1274.80 $/oz Change: -1.24
Pt 815.48 $/oz Change: -8.81
 

Topic

Vale warns Brazil prosecutors another dam at risk of collapse

By: Reuters     17th May 2019 Brazilian iron ore miner Vale SA told prosecutors in the state of Minas Gerais that a dam is at risk of rupturing at its Gongo Soco mine, about 40 miles from where its Brumadinho dam collapsed, killing more than 230 people. According to a document published on Thursday, prosecutors said Vale is... 

Vale posts first loss since late 2015 after fatal dam disaster

By: Bloomberg     10th May 2019 Vale reported its first quarterly loss since late 2015 as the company set aside funds to cover damages, legal costs and other obligations related to the dam disaster that left hundreds dead in January. The world’s largest iron ore producer set aside $4.5-billion and posted a loss of... 

Vale iron-ore output, sales slump after deadly Brazil dam burst

By: Reuters     8th May 2019 Brazil's Vale said on Wednesday that its iron ore production and sales slumped in the first quarter from a year earlier, reflecting the impact of the deadly collapse of a tailings dam at Brumadinho in late January. Iron ore output fell 11% to 72.87-million tonnes while sales of the commodity... 

Vale minority shareholders elect independent member to board

By: Reuters     1st May 2019 Minority shareholders of Brazilian iron ore miner Vale SA succeeded in electing a representative to the board of directors at the company's shareholder meeting on Tuesday, a person who attended the meeting told Reuters. Independent member Patricia Bentes was elected under a new cumulative voting... 

Brazilian miner Vale files $2bn lawsuit over Guinea project

By: Reuters     24th April 2019 Brazilian miner Vale said on Wednesday it has filed a lawsuit in the United States to force BSG Resources (BSGR) to pay it about $1.25-billion, as mandated by an arbitrator in a dispute over a joint venture in Guinea, plus interest and expenses. Earlier this month, Vale said an arbitration court... 

South African delegation showcases country’s industrial capabilities at Brazil exhibition

By: Tasneem Bulbulia     3rd April 2019 A South African business delegation is participating in the twelfth Latin American Defence and Security Exhibition, which is being held in Rio de Janeiro, Brazil, this week. The event is open to companies that provide technology, equipment and services for armed forces, special forces, police,... 

Vale slashes iron-ore sales estimate after dam burst

By: Reuters     28th March 2019 Brazilian miner Vale on Thursday estimated 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. The estimate, which is 20% below its prior forecast, is the latest blow to Vale from the collapse at... 

Vale activates alarms near tailings dams amid risk of rupture

By: Reuters     28th March 2019 Brazilian mining firm Vale activated alarms in areas below three tailings dams on Wednesday night due to an elevated risk of rupture, amid a tense atmosphere in Minas Gerais state where a dam burst in January killed about 300 people. The company activated alarms in areas downstream of the B3/B4... 

Vale iron-ore output rose 8% in fourth quarter

By: Reuters     27th March 2019 Brazilian miner Vale said on Tuesday that total iron ore output rose 8.2% in annual terms to 100.988-million tonnes in the fourth quarter, which closed about a month before the collapse of its tailings dam at Brumadinho killed hundreds of people. For all of 2018, Vale's output was... 

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close