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Vale to restore full Brucutu mine output after court ruling

By: Reuters     19th June 2019 Brazilian miner Vale said on Wednesday that it would fully resume operations at its Brucutu mine within 72 hours after an appeals court overturned an earlier ruling that halted processing because of concern about the safety of a nearby dam. In a corporate filing, Vale also reaffirmed its 2019... 

Vale says mulls new railway, port for Carajas expansion

By: Reuters     19th June 2019 Brazilian miner Vale is considering building a new railway and port in the Para state for the potential expansion of its Carajas Serra Sul mine, the company said in a presentation to investors published on Tuesday. The new railway would stretch for 400 km from the current Carajas railroad to... 

GBF adds scale to Macmahon’s underground contracting business

By: Simone Liedtke     18th June 2019 Mining services company Macmahon has executed a binding agreement to buy mining contractor GBF Holdings for A$48-million, consistent with a growth plan of scaling up its underground division. The acquisition, which was confirmed to the market earlier in June, includes all GBF subsidiaries and is... 

Non-disclosure of dam safety risks could prompt big investors to pull out 

By: Reuters     17th June 2019 Investors with a combined $12.5-trillion in assets, including the Swedish National Pension Funds and the Church of England, could review their stakes in resource companies that use storage dams if they do not release information to assess safety risks. The safety of dams used to store mining... 

Vale sets aside $1.9bn to decommission nine dams

By: Bloomberg     10th June 2019 Vale, the world’s largest iron-ore miner, set aside $1.9-billion to accelerate the decommissioning of nine mine-waste dams in Brazil’s Minas Gerais state as part of its response to the deadliest tailings disaster in the country’s history. Between $150-million and $200-million will be spent this... 

Swiss expert to start work on new standards for mining dam safety

By: Reuters     10th June 2019 A Swiss environmental expert will make a fact-finding trip this week to the site of the Vale dam disaster in Brazil to start work on setting new dam safety standards for miners. The safety of dams used to store mining waste, known as tailings, gained prominence after the collapse of Vale's dam... 

Global miners respond to call to publish tailings dam details

By: Marleny Arnoldi     7th June 2019 Global mining companies have responded to a call by ethical investors working on a global standard for tailings dams to provide information about the facilities that they control, with several companies having published information about their tailings storage facilities (TSFs). These include... 

Anglo’s South African units confirm integrity of tailings dams 

By: Marleny Arnoldi     7th June 2019 The JSE-listed subsidiaries of global miner Anglo American have confirmed the structural integrity of their tailings dams, in line with a global call for better disclosure about tailings storage facilities (TSFs). Anglo American Platinum (Amplats) operates nine mineral residue facilities, of... 

Vale creates role of safety czar after two deadly dam collapses

By: Reuters     6th June 2019 Brazilian mining giant Vale said on Wednesday it had created the new role of executive director for safety and operational excellence, following a dam burst in January that killed hundreds, its second such disaster in three years. The world's largest iron ore miner said it had recruited Carlos... 

Macmahon eyes acquisition

By: Creamer Media Reporter      3rd June 2019 Mining contractor Macmahon has confirmed market speculation that it is in discussions about a potential acquisition of GBF Underground Mining Group. The potential transaction is still in the early stages, Macmahon said in an announcement to the ASX last week. 

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