Venezuela could lose its largest U.S. asset after a court allowed Crystallex to seize shares of Citgo Petroleum Corp.’s parent to satisfy an arbitration award.
Usiminas released quarterly earnings earlier in the day, posting net income of 171 million reais ($45.5 million), reversing losses from a year earlier.
As declining ore reserves push mines to greater depths and also to remote locations, companies are increasingly testing wearables to cut costs, decrease risk and drive productivity.
Government formalization efforts are meant to expand labor protections, safeguard the environment and collect more taxes and royalties from subsistence miners.