Vale faces fresh US$3.8B lawsuit over 2015 dam disaster
Vale (NYSE: VALE) is facing a £3-billion (US$3.8 billion) lawsuit in the Netherlands related to the 2015 collapse of a dam in Brazil, adding to a long list of existing…
Vale
Vale ex-president could escape Brumadinho homicide charges
Fábio Schvartsman claims no connection to dam breach.
Feds must force pensions to fund Canadian mining, Lassonde, Giustra say
Ottawa has to pressure pension funds to invest billions in Canadian mining, a radical change from their almost non-existent stakes, if the industry is ever going to produce enough metals…
Anglo American to produce iron ore from Vale’s deposit in Brazil
The miners have signed an agreement to integrate the Serra da Serpentina deposit into the Minas-Rio iron ore complex.
NiCAN shares soar on high-grade nickel results at Wine project in Manitoba
Shares in Manitoba-focused NiCAN (TSXV: NICN) surged 266.6% Wednesday on new assay results showing its longest zone of nickel-equivalent mineralization to date at its Wine property in west-central Manitoba. Diamond…
Vale considers shorter CEO term for Bartolomeo
According to Valor Econômico, the federal government is attempting to appoint former Brazilian Minister of Finance Guido Mantega as a Vale executive director.
How did Vale tailings dam burst and kills hundreds?
Construction details in the tailings dam at Vale’s (NYSE: VALE) Corrego do Feijao iron ore mine in Brazil may have caused the burst that killed at least 270 people when…
At Saudi Arabia’s Future Minerals Forum, the buzz word is partnership
Barrick Gold’s (TSX: ABX; NYSE: GOLD) Mark Bristow and Vale’s (NYSE: VALE) Mark Cutifani like Saudi Arabia’s plan to be a regional financial partnership hub because others racing to develop…
Future Minerals Forum: Vale’s US$10B for Canada targets existing potential
Vale (NYSE: VALE) is spending US$10 billion ($13.3 billion) in Canada over the next decade to keep operations running in a district it values for its low-carbon production.The funds are…
Saudi Arabia forum looks to boost Middle East, Africa exploration
Saudi Arabia is attracting global mining companies to its third annual Future Minerals Forum in Riyadh on Wednesday as it invests its vast oil wealth into mining exploration with some…
The biggest global mining news of 2023
The mining world was pulled in all directions in 2023: the collapse of lithium prices, furious M&A activity, a bad year for cobalt and nickel, Chinese critical mineral moves, gold’s…
Brazil judge votes to dismiss homicide case against Vale’s ex-president over Brumadinho
Former Vale (NYSE: VALE) president Fábio Schvartsman achieved an initial victory in his bid to evade trial for the 2019 Brumadinho dam collapse, which claimed the lives of over 250 people in Brazil….