June 9, 2019 Brazil’s Vale will invest $1.9B to shut down nine dams All of the tailing dams are located in the Brazilian state of Minas Gerais.
June 7, 2019 This 50-year chart shows just how undervalued commodities are New study plotting US equities against raw material prices going back to 1970 points to 112% upside for commodities just to return to trend.
June 7, 2019 Major miners reveal tailings dam data, action plans following disasters In April, ethical investors working on a global standard for tailings dams had written to 683 listed resource companies, including major miners, asking for information to be made public within…
June 6, 2019 Dalian iron ore falls on supply growth expectation China's iron ore dipped on Thursday and marked its weakest weekly performance in nearly two months.
June 5, 2019 Guinea iron ore prospectors set sights on ArcelorMittal rail The race to mine Guinea's iron ore has started although the focus is not on its giant Simandou deposits but on smaller finds whose output could be transported via Liberia…
June 5, 2019 Vale creates role of safety czar after two deadly dam collapses Brazilian mining giant Vale SA said on Wednesday it had created the new role of executive director for safety and operational excellence.
June 5, 2019 Top 40 miners’ good performance not enough for investors — report According to PwC, investors seemed unimpressed last year, as market valuations fell 18%.
June 4, 2019 Steinmetz’s BSGR bankruptcy fends off Vale’s $2B award Billionaire Beny Steinmetz’s mining company has sought bankruptcy protection in the US, two months after losing a $2 billion arbitration award to Brazilian mining giant Vale.
June 4, 2019 Nippon Steel fears potential earnings damage from US tariffs on Japan The world's third-biggest steelmaker said any move by Washington to impose tariffs on Japanese cars and auto parts will hurt its earnings.
June 4, 2019 Venezuelan ministers say Pemón tribe supports Mining Arc, NGOs disagree Two ministers met with captains from the Indigenous tribe, however, activists say their complaints against the environmental and social impacts of the Orinoco Mining Arc tend to fall on deaf…