Final trading week of August, but some big news still to come ...Fri, 18 Aug 2017 16:54:00 GMT
In a production update published on July 19, BHP Billiton said it was on target to meet its full-year guidance after reporting an 8% rise in its fourth quarter iron ore output ... Additional information on the Samarco dam disaster in Brazil will also ...
Two workers killed in explosion at Gerdau BrazilThu, 17 Aug 2017 03:55:00 GMT
Two Gerdau workers lost their lives on 15 August after an explosion at the company's steel plant in Ouro Branco, Brazil. Gerdau workers continue to die because of health and safety problems at the company's plants. Less than a year after an accident caused ...
Explosion kills two at Gerdau steel plant in BrazilTue, 15 Aug 2017 15:26:00 GMT
SAO PAULO Reuters - An explosion at a Brazilian steel plant operated by Gerdau SA killed two people on Tuesday, according to the company and the local metalworkers union. The blast occurred at a coke oven at Gerdau's plant in the center-south state of ...
Battery Factory Boom Leaves Toxic LegacyTue, 15 Aug 2017 03:31:00 GMT
Li, 38, was hired in 2000 by Henan Huanyu Power Source Co. to assemble steel-case storage batteries using cadmium oxide electrodes and sponged cadmium. He did so with his bare hands even though the reddish cadmium oxide was poisonous.
Samarco Executives Homicide Charges Suspended in Brazil SpillMon, 14 Aug 2017 04:02:00 GMT
A Brazilian judge suspended and could potentially dismiss homicide charges against 21 officials of Samarco mining company, Vale SA and BHP Billiton Ltd., in connection with the rupture of an iron-ore tailings dam two years ago that killed 19 people.....more
CBH Group taps former BHP executive Jimmy Wilson for CEO roleWed, 09 Aug 2017 07:16:00 GMT
The South African-born Mr Wilson was the most senior BHP representative on the board of BHPs Samarco iron ore joint venture with Vale in Brazil, where a November 2015 tailings burst killed 19 people and caused widespread environmental damage.
Ex-BHP iron ore boss Jimmy Wilson appointed CBH Group CEOWed, 09 Aug 2017 05:01:00 GMT
Mr Wilson was a BHP veteran until last year, when he left the miner as part of a management restructure after poor group financial results and the Samarco disaster in Brazil. Mr Wilson, who is credited with significantly improving BHP's iron ore output ...
Brazil suspends Vale and BHP Billiton murder trial in Samarco ...Tue, 08 Aug 2017 05:38:00 GMT
Vale and BHP Billiton, joint owners of the Samarco iron ore mine, are among those accused of crimes related to a burst tailings dam that unleashed a torrent of waste in what is considered to be Brazil's worst-ever environmental disaster. READ MORE ...
Brazil suspends murder trial over disasterMon, 07 Aug 2017 21:20:00 GMT
Vale SA and BHP Billiton, joint owners of the Samarco iron ore mine, are among those accused of crimes related to a burst tailings dam that unleashed a torrent of waste in what is considered to be Brazil's worst-ever environmental disaster. A judge in ...
Sustainability key to Olympics effortsSun, 30 Jul 2017 23:40:00 GMT
Shougang Group began relocating from the site in 2005, as part of measures to reduce air pollution in the run-up to the 2008 Beijing Summer Olympics. In the next five years, the steel company gradually moved its entire operations to Caofeidian in Hebei.
Brazil hikes mining royalties to ease budget deficitTue, 25 Jul 2017 17:57:00 GMT
Royalties for iron-ore will rise to as much as 4% ... and expressly require companies to clean up degraded areas, in the wake of the Samarco mining disaster in November 2015. In that instance, a tailings dam burst at the mine owned by Samarco, a joint ...
Govt urged to recapitalise engineering sectorMon, 24 Jul 2017 09:52:00 GMT
The closure of major companies like ZISCO Steel has also dampened the performance of the sector which now has a bloated skilled labour base and very few opportunities. Experts however believe the sector holds vast potential to emerge as the countrys ...
Broker slaps buy rating on BHP Billiton LimitedThu, 20 Jul 2017 18:32:00 GMT
This week BHP reported that total iron ore production hit a record 231 million tonnnes for ... a US$250 million compensation program it has put in place for victims of the Samarco dam disaster in Brazil, with some US$47.5 billion in public civil claims ...
BHP's solid end to a bad year will not keep Elliott awayWed, 19 Jul 2017 18:21:00 GMT
The miner also flagged a return to iron ore production growth in the 2018 financial year, forecasting output of between 239 million and 243 million tonnes. The Samarco dam collapse in Brazil in 2015 was a disaster for the company on many levels ...
Escondida copper mine key to BHP Billiton growth ambitionWed, 19 Jul 2017 06:56:00 GMT
That would be a dramatic contrast with the year just ended, where BHP experienced (with the exception of iron ore and energy coal ... and the continuing costs and lost production of the Samarco disaster that affected operations in 2016-17 BHP ought ...
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