Vale posts loss after surprise new dam burst charges
The Brazilian miner reported a second-quarter net loss of $133 million after a year-ago profit of $76 million.
The Brazilian miner reported a second-quarter net loss of $133 million after a year-ago profit of $76 million.
The venture, jointly owned by Vale and BHP, has already reached an agreement with the regulator and could get formal permission to operate as soon as mid-September.
Burundi's mining sector was thrust into prominence last month when the US said it was one of those it was considering to diversify its sources of rare earths.
An announcement could be made in the coming weeks though ABB has yet to make a final decision.
In the diamond trading world, becoming one of De Beers' elite buyers is viewed as essential to achieving success and making money. Now, it’s no longer so easy.
Authorities said that 14 bodies have been recovered and four people are missing and feared dead.
The Arctic contains vast oil and natural gas reserves—the U.S. Geological Survey estimates the Arctic could contain 1,670 trillion cubic feet of natural gas and 90 billion barrels of oil.
Global benchmark spot gold held above $1,400 an ounce this week, up more than 10% this year.
At issue was Siani's alleged failure to "fully and immediately" disclose information about the accident.