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 ...
Global steel demand to grow to 1535 MT in 2017: WorldsteelMon, 24 Apr 2017 10:40:00 GMT
The steel industry, worth about $900 billion a year, is seen as a gauge of the world's economic health. We expect Russian Federation and Brazil will finally move out of their recessions. After the demonetization shock, the Indian economy is expected to ...
Asia steelmaker shares rise despite Trump salvo on tradeThu, 20 Apr 2017 21:38:00 GMT
Shares in Baoshan Iron & Steel Co, Angang Steel and Baotou Steel were up anywhere from 0.3 percent to 0.6 percent. Beijing has long pledged to downsize the industry which is plagued by oversupply from inefficient, high-polluting mills, but has baulked at ...
China Plans Winter Smog ShutdownsMon, 17 Apr 2017 11:45:00 GMT
Henan, Shanxi and Shandong seems bound to have a beneficial effect on Beijing's winter smog. But the seasonal nature of the measures may make the benefits temporary at best. Given their past performances, steel and cement makers seem likely to compensate ...
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 ...
China Consumer Prices Driven Higher by Greater Education and ...Tue, 11 Apr 2017 21:42:00 GMT
Gao Wenbin, a 46-year-old software engineer at a steel mill in the northern city of Baotou, said he welcomes lower food prices amid concern over the financial health of the steel industry, which is undergoing government-mandated production cuts.
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.
An Amazon Community Braces for Monster Gold MineTue, 04 Apr 2017 11:23:00 GMT
The enviromentalists claim that in the event of an accident at Belo Sun people downriver could suffer a similar fate that befell those caught in the 2015 Mariana Disaster, when a dam holding back 32 million cubic meters of waste from an iron ore mine ...
Aluminium shines brightSun, 02 Apr 2017 11:07:00 GMT
According to Rusal, a major Russian aluminium producer, this plan will decrease pollution intensity in Beijing and the neighbouring regions of Hebei, Shandong, Shanxi, Henan and Tianjin ... products in place of steel products will keep demand robust ...
Rio Tinto boss confident about iron ore outlook, but bond market ...Tue, 28 Mar 2017 18:07:00 GMT
Prices for iron ore and steel have come under pressure this week amid reports that Beijing is preparing to send inspectors into the north-eastern city of Tangshan, a steel-making hub, to investigate whether reported closures of ageing and polluting steel ...
Killing draws attention to struggling local counties plagued ...Tue, 28 Mar 2017 05:23:00 GMT
Photo: CFP A debt collector was shot to death in Changsha, Central China's Hunan Province in 2013 ... the county official said. The plunge in steel prices in 2012 also aggravated the situation. A business owner who declined to be named told Caixin magazine ...
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 ...
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