MINING.COM

Finland’s new government plans spending spree, Iltalehti reports

The new government intends to look into establishing a mining tax and analyzing the possibility of taxing capital gains from the sale of mining rights.

Bloomberg News | June 2, 2019 | 12:07 pm

Minas Gerais signs MoU with tech company to monitor tailings dams

Inmarsat has committed to providing the state government with a smart monitoring solution which is based on IoT and satellite technology.

Valentina Ruiz Leotaud | June 2, 2019 | 9:03 am

Wall at Vale’s Gongo Soco pit begins gradual slide; dam holds

Vale said the Sul Superior dam, located just 1.5 km from the mine, remains intact and that it continues to be monitored 24/7 via radar, drones and a robotic station capable of detecting the slightest movements.

Cecilia Jamasmie | May 31, 2019 | 10:08 am

Vale downplays risk of dam break at Gongo Soco mine

Vale said risk of a new dam break as a consequence of an unstable embankment at Gongo Soco open pit, in the southeastern state of Minas Gerais, are now minimal.

Cecilia Jamasmie | May 28, 2019 | 8:55 am

South African carbon tax finally becomes law

The tax was first mooted in 2010 but has been postponed at least three times after mining companies, steelmakers and state-owned power utility Eskom said it would erode profit and push up electricity prices.

Reuters | May 26, 2019 | 10:50 am

Anger mounts at Vale in Brazil town at risk for new dam burst

The Minas Gerais environment secretary estimated this week that the dam had a 10-15% chance of collapsing.

Reuters | May 24, 2019 | 10:35 am

Brazil’s Vale, China’s CCCC to co-invest in northern Brazil steel plant

State-controlled China Communications Construction Co and iron ore miner Vale SA have agreed to set up a steel mill in Brazil's northern state of Pará with a $450 million investment.

Reuters | May 23, 2019 | 9:18 am