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.

Brazil Supreme Court rejects Brumadinho victims appea

Mining News Pro - The Brazilian Supreme Federal Court (STF) denied an order against the deal signed by Vale and the government of Minas Gerais for the reparation of the socio-economic and environmental damages caused by the Brumadinho dam collapse in 2019.

Brazilian Nickel gets green light for small-scale Piauí project

Mining News Pro - Brazilian Nickel announced on Wednesday it had received an installation licence for PNP1000, the initial, small-scale production phase of its 100% owned Piauí nickel-cobalt laterite project (PNP), in Brazil’s north-east.

Brazil nickel/cobalt project advances to BFS stage

Mining News Pro - A bankable feasibility study (BFS) at the Piauí nickel project (PNP), in Brazil, is under way, privately held Brazilian Nickel has announced.

Vale and Brazil state sign $7bn deal over Brumadinho

Mining News Pro - Vale executives and members of the state of Minas Gerais, Brazil, signed on Thursday a R$ 37.6 billion ($7bn) deal for the reparation of the socio-economic and environmental damage caused by the Brumadinho dam rupture.

Vale and Brazil state reach agreement over Brumadinho

Mining News Pro - Vale has reached an agreement on a settlement for damages from the deadly Brumadinho dam disaster in January 2019, which killed 270 people.

Brazil state eyes $5.3bn Vale deal after dam burst Reuters

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.

Brazil, Australia iron ore shipments set 2020 record

Mining News Pro - The total volume of iron ore dispatched to global destinations from Australia and Brazil was 29.7 million tonnes from December 21-27, the highest since June 2019, according to a survey from Mysteel.

Brazilian miners to tighten up tailings self-regulations

Mining News Pro - Brazilian mining regulator ANM announced that it will hold a public hearing on new guidelines to tighten safety rules and inspections of mining dams.

Brazil’s lower house to evaluate Brumadinho compensation

Mining News Pro - Brazil’s lower house has created a special commission to evaluate talks between Vale and Minas Gerais state officials over compensation for the Brumadinho tailings dam collapse.

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