Keyword: "vale"

Mining News Pro - The Brazilian state of Minas Gerais is hoping to win at least 28 billion reais ($5.3 billion) from a compensation deal with miner Vale SA after the 2019 Brumadinho deadly dam burst, a senior state official said on Wednesday.

Mining News Pro - Iron ore miner Vale (NYSE: VALE) and the government of Brazil’s Minas Gerais state are negotiating an agreement to settle damage claims stemming from the 2019 Brumadinho dam disaster involving the injection of billions of reais into funds to be managed by the state government.

Mining News Pro - Wollongong Coal has received the green light to complete a major mine expansion at its Russell Vale coal operation in New South Wales.

Mining News Pro - Vale announced on Wednesday it expects to produce 300-305 million tonnes of iron ore this year, missing a previously lowered 2020 target of at least 310 million tonnes.

Mining News Pro - Brazilian diversified major Vale has marked another step on its path to return production to 400-million tonnes a year, announcing on Friday that it had received the green light for the resumption and expansion of its Serra Leste operations.

Mining News Pro - Vale has received approval from environmental authorities in the northern state of Pará, Brazil, to resume expansion activities at its Serra Leste mine.

Mining News Pro - The head of the Brazilian state of Minas Gerais, where Vale’s Brumadinho dam collapsed in January 2019, leaving 270 people dead, has rejected the miner’s proposed settlement of around 21 billion reais ($3.97bn).

Mining News Pro - A hearing between Brazilian miner Vale SA and the government of Brazil’s Minas Gerais state ended on Tuesday without the two sides agreeing on a settlement over a Jan. 2019 disaster in which a Vale dam burst and killed 270 people.

Mining News Pro - Vale and China’s Ningbo Zhoushan Port have signed a deal to invest around 4.3 billion yuan ($650.6 million) in iron ore storage and processing facilities in Zhejiang, a local government statement said on Friday.

Mining News Pro - Brazilian federal prosecutors have accused mining giants BHP and Vale of colluding with a lawyer to reduce compensation for victims of a fatal dam collapse and interfere with a landmark lawsuit against BHP in the UK.

Mining News Pro - Roughly 150 demonstrators staged a sit-in at Brazilian miner Vale’s administrative building in the town of Brumadinho on Thursday to protest their treatment nearly two years after a deadly mining waste dam collapsed there, killing about 270 people.

Mining News Pro - Vale produced more iron ore than expected last quarter amid a record haul at its newer mines in northern Brazil, in the latest sign of rising supplies that have stalled a rally in prices

Mining News Pro - In the third quarter, silver miner First Majestic Silver churned out 5.2 million silver-equivalent oz., made up of 3.2 million oz. of silver and 25,771 oz. of gold, from its three underground mines in Mexico.

Mining News Pro - The judge Elton Pupo Nogueira, of the 2nd Public Finance Court of Belo Horizonte, Brazil, rejected the request to freeze R$ 26.7 billion ($4.7 billion) from Vale’s accounts, in a decision related to losses incurred after the Brumadinho tailings dam burst last year.

Mining News Pro - Brazilian miner Vale SA is in talks with Tesla and others in the electric vehicle (EV) supply chain about securing nickel from its Canadian operations, the head of the miner’s base metals unit said on Friday.

Mining News Pro - Vale has resumed full operations at its Viga plant on Thursday evening, after a judge lifted an order that had suspended operations there, the mining firm said in a securities filing.

Mining News Pro - Federal prosecutors in Minas Gerais, Brazil, want to cancel a R$250 million ($44 million) agreement between Vale (NYSE: VALE) and the Brazilian government over compensations for the disaster in Brumadinho, which killed 270 people in 2019.

Mining News Pro - Brazilian miner Vale said in a filing on Monday it is temporarily suspending operations at its Viga concentration plant in Minas Gerais state, which will result in 11 000 t/d fewer of iron-ore fine production.

Mining News Pro - The New South Wales Government has recommended that the Independent Planning Commission approves the expansion of Wollongong Coal’s Russell Vale mine.

Mining News Pro - Vale is preparing to potentially shut down its nickel and cobalt operations on the Pacific island of New Caledonia after failing to reach an agreement on the asset’s sale with Australia’s New Century Resources (ASX: NCZ).

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