Brazil names Belo Sun’s Volta Grande “strategic” project

Mining News Pro - Brazil has selected Canada’s Belo Sun Mining’s proposed Volta Grande gold mine for its investment partnership programme (PPI), which supports projects producing minerals and metals deemed strategic for the country.

Damage from Brazil’s Samarco disaster at least $6.7bn, study says

Mining News Pro - The “socio-environmental” damage brought about by the 2015 rupture of a tailings dam in Brazil owned by miner Samarco is between 37.6 billion reais ($6.73 billion) and 60.6 billion reais, according to a study done by a company contracted by prosecutors to measure the costs of the disaster.

How Brazil could become a ‘green lithium powerhouse’

Mining News Pro - The growth in electric vehicle sales in Europe, Asia and the US represents a “fantastic opportunity” for Brazil to position itself as a ‘green lithium powerhouse,’ co-CEO of Canadian lithium developer Sigma Lithium, Ana Cabral-Gardner, recently told the Brazilian Congress.

Sibanye-Stillwater buys nickel-copper mines in Brazil for $1 billion

Mining News Pro - South Africa-based Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW) is buying two nickel and copper mines in Brazil from private equity firm Appian Capital Advisory in a $1 billion deal that boosts the company’s growing battery materials portfolio.

Sibanye-Stillwater in talks to buy two Brazilian nickel-copper mines

Mining News Pro - South African Sibanye-Stillwater is in advanced talks to buy two Brazilian nickel and copper assets, as miners across the globe try securing supplies of the metals used in batteries for electric cars and are key for the transition to a green economy.

Sibanye-Stillwater in talks to buy Brazil nickel and copper assets

Mining News Pro - Precious metals miner Sibanye-Stillwater is in talks to buy nickel and copper assets in Brazil, as it looks to step up supplies of raw materials that are key to the transition to low-carbon energy sources.

Brazil prosecutors seek $457 million from Vale, Samarco, BHP for dam disaster

Mining News Pro - State prosecutors in the state of Minas Gerais have filed a lawsuit seeking 2.5 billion reais ($457 million) from miners Vale, Samarco and BHP related to a tailings dam disaster in 2015, according to a statement on Tuesday.

Alcoa powers up in Brazil as China aluminum powers down

Mining News Pro - After six years of lying idle the Alumar aluminum smelter in Brazil is about to restart operations.

Vale and Asian miner seek Brazil nod to fast-track mine projects

Mining News Pro - Mining giant Vale SA and an Asian-owned metals producer are among the first to tap a Brazilian program that aims to cut red tape and speed up mining projects in the South American nation.

Osisko secures gold from Eldorado’s project in Brazil

Mining News Pro - Osisko Gold Royalties has agreed to as much as a 2.75% net smelter return royalty on a Brazilian gold project operated by Eldorado Gold from Sailfish Royalty in a $10 million cash deal.

London judges re-open £5bn Brazil dam lawsuit against BHP

Mining News Pro - London's Court of Appeal agreed on Tuesday to reopen a major lawsuit against Anglo-Australian mining giant BHP, reviving a £5-billion claim over a 2015 dam rupture that triggered Brazil's worst environmental disaster.

Osisko secures gold from Eldorado’s project in Brazil

Mining News Pro - Osisko Gold Royalties has agreed to as much as a 2.75% net smelter return royalty on a Brazilian gold project operated by Eldorado Gold from Sailfish Royalty in a $10 million cash deal.

Creditors in Brazil miner Samarco oppose restructuring plan

Mining News Pro - Creditors in bankrupt miner Samarco Mineracao, a joint venture between Vale and BHP Group, made on Thursday an objection to the company's restructuring plan, according to a court document.

Brazil prosecutors seek final settlement over Samarco dam disaster

Mining News Pro - Federal prosecutors in Brazil are seeking a definitive settlement with miner Samarco and it's shareholders, BHP Group and Vale, for damages caused by the rupture of a tailings dam in 2015, the lead prosecutor said.

Brazil to ease licencing of newly listed strategic minerals projects

Mining News Pro - The Brazilian government has issued a list of specific metals it aims to boost production of through a recently established policy that seeks to identify projects of minerals deemed of special interest to the country.

Brazil to deploy special force to protect the Yanomami from wildcat gold miners

Mining News Pro - The Brazilian government on Monday authorized the employment of the National Security Force (FNS) to protect the Yanomami indigenous people and their reservation lands for 90 days in the northern state of Roraima bordering Venezuela.

Sigma joining lithium top tier after doubling Brazil project capacity

Mining News Pro - Sigma Lithium Resources’ preliminary economic assessment (PEA) for the second deposit at its Grota do Cirilo project, released on Wednesday, doubles production capacity of battery-grade lithium concentrate to around 440,000 tonnes per year (66,000 lithium carbonate equivalent)

Bolsonaro vows to keep mining out of Yanomami reservation in Brazil

Mining News Pro - Brazil’s President Jair Bolsonaro promised the Yanomami Indigenous peoples he would respect their wishes to keep mining out of their reservation in the Amazon, though he still plans to use other Indigenous lands for commercial agriculture and mining.

Brazil's Vale, eyeing EV market, mulls base metal spinoff

Mining News Pro - Vale is "closely analyzing" a possible spinoff of its base metals division, Chief Executive Eduardo Bartolomeo said on Tuesday, a move that could help the company take advantage of increasing demand from electric car manufacturers.

Brazil's Vale beats Q1 profit estimates

Mining News Pro - Iron-ore miner Vale SA beat first quarter profit estimates on Monday, with the Brazilian company boosted by a record performance in its ferrous minerals division.

Brazil court flags rupture risk at Vale’s Norte Larajeiras dam

Mining News Pro - The Brazilian Superior Court of Justice (STJ) ruled on Thursday to reestablish a decision that prevents the resumption of activities in the Norte Larajeiras dam, owned by Vale, in Minas Gerais state.

All eyes on Brazil for iron’s next move with Vale set to report

Mining News Pro - Vale, one of iron-ore’s biggest swing factors, may determine whether prices of the steelmaking ingredient break through to multiyear highs or retreat once again.

Brazil prosecutors close investigation into Vale executives related to Simandou

Mining News Pro - razilian prosecutors have closed an investigation into Vale executives related to the Simandou mine, in Guinea, the iron-ore miner said in a securities filing on Monday.

Vale executives investigated in Brazil over Simandou deal

Mining News Pro - The police in Rio de Janeiro, Brazil, will investigate Vale CEO Eduardo Bartolomeo, and other executives and former directors over the deal to explore the giant Simandou iron-ore mine in Guinea, as newspaper Valor Econômico first reported.

Fortescue looks at Brazilian hydrogen

Mining News Pro - The energy arm of iron-ore major Fortescue, Fortescue Future Industries (FFI) and a subsidiary of Prumo Logistica S.A, Porto do Açu Operações S.A. (Port of Açu), have signed a memorandum of understanding (MoU) to assess the opportunity to develop hydrogen-based green industrial projects in Rio de Janeiro, Brazil.

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