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Ores Mar, 18, 2019 0

Vale redirects vessels from the Southwest of Brazil to São Luiz, while more mining activities are suspended

A Brazilian court has ordered Vale to suspend operations at Timbopeba mine following a legal case filed by the Public Prosecution Office in Minas Gerais. Use of Doutor dam and…
Goldcorp Inc Cerro Negro Gold Mine
Ores Mar, 14, 2019 0

Argentina’s largest gold mine restarts operations

Operations at Argentina’s largest gold mine at Cerro Negro in Santa Cruz have recommenced from today following a stoppage led by the Asociacion Obrera Minera Argentina (AOMA) Union. Mining operations…
Ores Mar, 07, 2019 0

Iron ore exports rise in February despite Vale’s cuts

According to Secex data, Brazil’s average daily shipments of iron ore rose by 9.5% to 1.4m tons per business day in February, year-on-year. This is a total of 28.9m tons…
Vale's replacement - Centaurus’ Jambreiro iron ore project
Ores Feb, 27, 2019 0

Who can fill Vale’s supply gap?

India’s iron ore pellet exports are expected to increase as importers seek alternative sources due to Vale’s production cuts following January’s disaster at Brumadinho. According to India Ratings and Research…
Iron ore exports: Court cancels Vale's licenses - A view of the Brazilian mining company Vale SA collapsed in Brumadinho
Ores Feb, 26, 2019 0

Iron ore exports rise in February despite Vale disaster

According to Secex data, Brazil’s average daily shipments of iron ore rose by 7.8% to 1.4m tons per business day for the month to February 22, year-on-year. This is a total…
Ores Feb, 14, 2019 0

Vale’s proposed acquisition of Ferrous Resources faces objections

  Brazilian steelmaker Companhia Siderurgica Nacional (CSN) and port company Porto Sudeste have formally lodged complaints to antitrust regulator Cade against Vale’s proposed acquisition of Ferrous Resources Ltd. Vale announced…
Iron ore exports: Court cancels Vale's licenses - A view of the Brazilian mining company Vale SA collapsed in Brumadinho
Ores Feb, 07, 2019 0

Minas Gerais cancels Vale’s licenses for one mine and one dam

The State of Minas Gerais canceled Vale’s license to operate Laranjeiras dam, used in the operation of the already suspended Brucutu mine and it has also canceled the license to operate…
Vale Dam Break
Ores Jan, 30, 2019 0

Vale announces plans to decommission 10 dams

Vale has announced plans to spend R$5bn dismantling 10 dams over the next three years following last week’s deadly tailing dam collapse which killed at least 99 people. The announcement…
Brazil dam collapse - Death toll rises as mining company faces criticism - fox13now
Ores Jan, 28, 2019 0

Vale’s shares plunge 21.5% following deadly dam collapse

Vale’s shares plunge 21.5% following deadly dam collapse   Shares of the world’s largest iron ore producer, Vale, have plunged dramatically on the São Paulo stock exchange (21.5%) following the…
Ores Jan, 03, 2019 0

Brazil’s iron ore exports rise 25.4% in 2018

Secex data shows Brazil’s iron ore exports rose sharply to 394.24m tons in 2018, up 25.4% YoY. The mining giant, Vale is responsible for the bulk of the country’s iron…