Barrick Gold (ABX) - Mining Stocks To Watch As Commodity Prices ...Tue, 25 Apr 2017 07:59:00 GMT
Iron ore is the odd man out here because its entered a bear ... because it doesnt have the negative baggage that comes along with an incident like the 2015 Samarco mine disaster in Brazil. But Rio isnt just a good bet by default, and thanks ...
Large Claims Becoming More Expensive, Complex & Global: AllianzTue, 25 Apr 2017 06:22:00 GMT
For example, one of the largest losses of 2015 came after the collapse of an iron ore tailings dam at the Samarco mine in Bento Rodrigues, Brazil. The Samarco mining disaster is one of the countrys largest environmental disasters, killing 19 people and ...
London: Brazilian campaigners challenge mining company's expansion ...Mon, 24 Apr 2017 05:22:00 GMT
The dam already has a capacity of 370 million cubic metres of tailings. In contrast, the Samarco breach spilled roughly 32 million cubic metres of iron ore tailings in the region, killing 20 and decimating countless local ecosystems along the Doce River.
Newly released market study: Brazil Mining Report Q1 2017Thu, 13 Apr 2017 08:28:00 GMT
Latest Developments & Structural Trends Iron ore will be Brazil's mining industry's growth bright ... In December, Vale and BHP Billiton joint-venture Samarco Mineracao submitted licensing applications to restart operations at a reduced capacity in 2017.
Ramboll hired to monitor cleanup of Bento Rodrigues dam disasterWed, 12 Apr 2017 06:33:00 GMT
The collapse of a iron ore tailing dam in Bento Rodrigues ... The owner of the mine, and dam, Samarco, has so far agreed to pay a fine of more than $4.8 billion, although this does not include compensation to people affected by the disaster, nor the ...
LatAm water scarcity, pollution to drive more stringent enviro ...Tue, 11 Apr 2017 21:27:00 GMT
In Brazil, following the 2015 tailings dam burst at the Samarco iron-ore mine, which killed nearly 20 people and polluted hundreds of kilometres of rivers, parent firms Vale and BHP Billiton face a $50-billion lawsuit for damages. In March, a Brazilian ...
BHP Billiton rejects proposed restructureMon, 10 Apr 2017 09:00:00 GMT
The mining giant posted a record full-year loss of $US6.39 billion ($A8.5 billion) in 2015/16 after plummeting oil and iron ore prices and the Samarco mine disaster wreaked havoc with its bottom line, and prompted it to scrap its generous dividend policy.
Australia's Port Hedland iron ore shipments to China up 4 pct ...Wed, 05 Apr 2017 07:47:23 GMT
Iron ore shipments to China from Australia's Port Hedland terminal, used by BHP Billiton and Fortescue Metals Group, rose to 31.50 million tonnes from 30.19 million in February, port data showed on Wednesday. ...
Iran to export DR PelletsTue, 04 Apr 2017 03:02:00 GMT
However, Iranian iron ore producers are not in a hurry to expand their presence ... Moreover, they managed to ramp up shipments to the region after the stoppage of Samarco. Consequently, it will be difficult for Iran to attract the MENA buyers.
BHP Billiton moves to terminate homicide indictmentsSun, 02 Apr 2017 08:53:00 GMT
Success in this one case would most likely conclude the prosecution of the other seven, and potentially close the door on similar indictments issued against executives at Samarco and the iron ore operator's other shareholder, Vale. The application to ...
CIS iron ore pellet premiums may weaken as supply improves: sourcesMon, 27 Mar 2017 15:24:00 GMT
Lower quality iron ore pellets in particular may be seeing the recent high ... said buyers. The anticipation of Samarcos return to supply after an extended idling and talk that blast furnace grades will be the focus has added to the notion of a ...
More focus needed on ESG factorsThu, 23 Mar 2017 15:15:00 GMT
Bolton cites the tailings dam disaster in 2015 of iron-ore miner Samarco owned by mining giants Vale and BHP Billiton in a joint venture as an example. Nineteen people were killed, dozens were injured and hundreds of people were displaced when the ...
Ramboll engaged by Brazils Federal Public Ministry to oversee ...Wed, 22 Mar 2017 08:24:00 GMT
Ramboll will evaluate and monitor the work of the Renova Foundation to remediate the damage caused by the dam rupture at the Samarco iron ore mine in Mariana, Minas Gerais. The disaster killed 18 people and resulted in environmental, social and economic ...
Ferrexpo restores dividend on premium performanceWed, 22 Mar 2017 07:40:00 GMT
Last year the company cancelled its final dividend as iron ore prices tumbled and its debt pile weighed ... helped in part by a reduction in supply from Samarco in Brazil, which closed following a fatal dam collapse. Revenue for the year to December ...
Brazil court suspends lawsuit over Samarco mine disasterThu, 16 Mar 2017 23:07:00 GMT
Brazilian iron ore miner Vale said on Thursday that a federal court in Minas Gerais has suspended a case brought by prosecutors seeking 155 billion reais ($US49.7 billion) in damages for the 2015 Samarco mine disaster. Vale said in a securities filing the ...
Number of news reports: 15