- Write by:
-
Monday, October 28, 2019 - 10:36:53 AM
-
725 Visit
-
Print
Mining News Pro - Samarco Mineração, a joint venture between Vale and BHP received on Friday its Corrective Operation License (LOC) for its operating activities in the Germano Complex, located in the state of Minas Gerais, Brazil.
The license was approved by the Mining Activities Chamber (CMI) of the State Council for Environmental Policy (COPAM). Samarco has now obtained all environmental licenses required to restart its operations.
The news comes four years after a tailings dam burst at Germano in November 2015, killing 19. A torrent of mud and debris was unleashed, polluting local rivers and reaching the Atlantic ocean. The incident has been called the worst environmental disaster in Brazil’s history.
Vale has previously said that it expected production at the joint venture, which is trying to restructure $3.8 billion in debt it defaulted on about a year after the accident, to resume in the second half of 2020.
The mine, which once produced nearly 25 million tonnes of iron ore a year, will restart at an annual rate of less than a third of that, Vale said, with a potential increase to 14 to 16 million within another six years.
Short Link:
https://www.miningnews.ir/En/News/438493
BHP, the world’s largest miner, has come a long way in the matter of female representation in its workforce, ...
Brazilian miner Vale does not see signs of environmental or social breach at two of its mines whose operating licenses ...
Mining giant Vale is looking at expanding the use of industrial batteries to power ports and mining sites, said the ...
BHP has shown up to support vulnerable women and children with a $CAD500,000 ($571,050) donation to the YWCA Saskatoon ...
Iron ore train drivers at BHP Group’s Pilbara operations in Western Australia have voted to strike on Friday in a bid to ...
Mining News Pro - The chief executive of Brazilian miner Vale painted a brighter picture about the company’s future on ...
Mining News Pro - Brazilian miner Vale said on Tuesday it has created a company that will sell and distribute sand ...
Mining News Pro - Global miner BHP reached a preliminary deal with the supervisors’ union at its Escondida mine in ...
Mining News Pro - Miner BHP Group’s CEO on Thursday called for the introduction of a “small set of common standards” ...
No comments have been posted yet ...