After dumping Vale, Church of England says miner has ‘way to go’
The church has also blocked investments in the miner through an ethical exclusion process.
The church has also blocked investments in the miner through an ethical exclusion process.
Mining has been halted since September 2017 as the company failed to undergo a requested environmental impact on local indigenous communities affected by pollution caused by the operation.
Police said the companies presented fake documents backing the stability of the dam that collapsed in January.
Brazilian prosecutors are looking into ex-CEO Schvartsman's declaration that Vale had already shuttered nine upstream dams in response to the 2015 collapse.
Brucutu, which has an annual capacity of 30 million tonnes of iron ore, is Minas Gerais state's largest mine.
The governance standard would also help ensure independent reviews of dams and adequate disclosure of safety risks.
Marathon is advancing its Valentine gold project 55 km south of Buchans.
Highlights include 3.36 g/t gold over 13.0 metres, 3.87 g/t over 11.0 metres, and 1.44 g/t over 62.0 metres.
The water stream was seriously contaminated in January, after a dam at the company’s Feijão mine, in the state of Minas Gerais, burst.
CVM is investigating whether the company's management fulfilled its "fiduciary duties" to shareholders related to the disaster.
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