MINING.COM

US Steel wins tax breaks from one of America’s poorest cities

"The 50% tax cut for U.S. Steel to stay in Gary is not going to cause a population growth and employment opportunities."

Reuters | February 8, 2019 | 10:33 am

Iron ore powers to highest since 2014 as Vale crisis intensifies

This week’s drama has played out as the most important iron ore user has been offline, with Chinese markets closed for Lunar New Year.

Bloomberg News | February 8, 2019 | 9:14 am

Hundreds evacuated in Brazil on fears over mining dams safety

About 700 people were evacuated from two towns located near tailings dams operated by Vale and ArcelorMittal on mounting fears after last month's breach at Brumadinho, the country's deadliest mine disaster.

Cecilia Jamasmie | February 8, 2019 | 3:13 am

Brazil set to ban upstream tailings dams after collapse kills hundreds

The National Mining Agency aims to issue an ordinance on Friday requiring that upstream tailings dams be taken down or converted into other types of dams.

Reuters | February 7, 2019 | 10:35 am

Iron ore prices reach almost two-year high

Analysts believe the price surge lines up with the market halting up to 40 million metric tonnes of Vale’s iron ore production.

MINING.com Editor | February 6, 2019 | 2:48 pm

Vale knew about sensor problems at dam before burst – Globo TV

Vale SA was made aware of problems with sensors designed to monitor the structure of a dam that ended up bursting, 2 days before the disaster.

Reuters | February 6, 2019 | 2:02 pm

Samarco said to reboot creditor talks after Vale Dam disaster

Creditors rejected Samarco’s offer to treat the injections as senior or pari-passu debt.

Bloomberg News | February 6, 2019 | 12:52 pm

Vale licenses to operate Laranjeiras dam, Jangada mine canceled

The cut in output forced Vale to declare force majeure in iron ore and pellets contracts on Tuesday.

Reuters | February 6, 2019 | 12:48 pm

Brazil’s Vale to invest $400m to reduce need for tailings dams

Vale has come under intense public pressure since the Jan. 25 dam burst, with some politicians and prosecutors calling for criminal prosecution and a management shakeup.

Reuters | February 6, 2019 | 11:22 am

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