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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. 

Meteoric readies for gold exploration

By: Esmarie Iannucci     31st May 2019 Junior Meteoric Resources has completed its purchase of fellow-listed Crusader Resources’ Juruena-Novo Astro gold projects, in Brazil. Under the March sales agreement, Crusader received A$1-million in cash and 50-million shares in Meteoric, with a deemed price of 1c a share, which will remain in... 

China's iron-ore scales new peak, but rally loses steam

By: Reuters     28th May 2019 China's iron-ore jumped to a fresh record on Tuesday, but the rally fizzled out, as bets continued that there could be a further squeeze in supply of the steelmaking feedstock from Brazil, while domestic demand remained brisk. Iron-ore inventory at Chinese ports dived to 127.8-million tonnes, as... 

Vale says risk of dam break at Gongo Soco mine has diminished

By: Reuters     28th May 2019 An unstable embankment at Vale's Gongo Soco mining pit in Brazil has a lower risk than previously thought of collapsing in a way that would destabilize the nearby Sul Superior dam, the iron-ore miner said in a statement on Tuesday. Last week, an environmental official for the state of Minas... 

Mosaic's Brazilian unit resumes operations in Catalao mine

By: Reuters     28th May 2019 Mosaic's unit said on Tuesday it resumed mining operations at its Catalao mine in Brazil, following suspension of production in April. The unit, Mosaic Fertilizantes, had stopped production at its Tapira and Catalao phosphate mines after failing to obtain a deadline extension for providing... 

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