Latest Company News: BHP

Mining: Brazils Vale faces its most challenging moment
Sat, 25 May 2019 23:17:00 GMT
Samarco, the operator of the mine and dam near Mariana ... For its part, Vale this week announced it would invest $2.5bn over the next five years in dry iron ore processing, a production technique


The little town that explains why there can be no old normal ...
Sun, 19 May 2019 07:08:00 GMT
And Samarco, in turn, is the 100 per cent owner of the fatal precursor to the Brumadinho catastrophe, the Fundao dam. It was part of the Germano complex, a set of three dams that supported the


Big gains may not be over for the price of iron ore
Wed, 15 May 2019 04:54:46 GMT
Shareholders in Fortescue Metals Group, the worlds fourth-biggest producer of iron ore, were pleasantly surprised this week when the board announced a special dividend of $1.3bn. The Perth-based group along with rivals BHP and Rio Tinto is generating large amounts of excess cash because of a sharp rise in the price of the steelmaking


BHP faces $5B claim over Brazilian dam collapse
Mon, 13 May 2019 11:00:00 GMT
The dam was used to store up to 55 million cubic metres of iron ore tailingsa toxic industrial waste productfrom the mining operations of Samarco Minerao, a 50/50 joint venture between BHP and


Samarco joint venture output to resume by 2H 2020 Vale CFO
Mon, 13 May 2019 02:36:00 GMT
Reuters - reported that Vales CFO Mr Luciano Siani told analysts on a conference call that it expects iron ore production at its Samarco joint venture with BHP Group Ltd to resume in the second


What if Vale is being too optimistic by half
Sun, 12 May 2019 01:07:00 GMT
Now, Friday's bullish assessment included a prediction by Vale's new chief financial officer, Luciano Siani Pires, that he expected the Samarco iron ore pellet business to recover government licensing


Stronger for longer as Vale flags three-year iron supply impact
Sat, 11 May 2019 22:27:00 GMT
Mr Pires said more approvals for a restart of Samarco were due in September, but it could be a further year before production resumed. The forecast restart date as we speak is middle of 2020 to


Brazil's Vale CFO expects Samarco joint venture output to resume ...
Fri, 10 May 2019 09:40:00 GMT
SANTIAGO Reuters - Vales chief financial officer said on Friday that the Brazilian miner expects iron ore production at its Samarco joint venture with BHP Group Ltd to resume in the second half of


Brazil's Vale CFO expects Samarco joint venture output to resume ...
Fri, 10 May 2019 09:18:00 GMT
SANTIAGO, May 10 Reuters - Vale's chief financial officer said on Friday that the Brazilian miner expects iron ore production at its Samarco joint venture with BHP Group Ltd to resume in the second


BHP faces 5bn claim over Brazilian dam collapse that killed 19 ...
Tue, 07 May 2019 15:51:00 GMT
The 5billion claim alleges that BHP 'knew of the risks' surrounding the deteriorating condition of the Fundao dam, which collected waste at the Samarco iron ore mine. Court documents argue that BHP


Vale's latest legal blow boosts iron ore stocks
Mon, 06 May 2019 23:56:00 GMT
Samarco remains closed some 39 months after the tailing dam ... of high-grade iorn ore from Koolan Island off the WA coast. It is estimated global iron ore production has taken a hit of up to 120


Vale's Good News Doesn't Improve Its Outlook
Sat, 04 May 2019 20:52:00 GMT
Iron ore prices moved higher on the news ... Vale and BHP have yet to settle all of the outstanding legal issues surrounding Samarco. According to a federal prosecutor, the $41 billion settlement


Jaguar Mining: the mining world digs in for a thriller in Brasilia
Sat, 20 Apr 2019 15:16:00 GMT
Brazils mining heritage has been dominated by the major players in the global iron-ore and base metals industry ... After the tragedies of the tailings dam failures at Samarco and Brumadinho, the


Wisconsin Could Face a Mining Disaster
Sat, 20 Apr 2019 14:40:00 GMT
The Brumadinho dam is owned by the mining giant Vale, the same company responsible for a tailings dam failure four years earlier at the Samarco mine ... producer of iron ore and nickel in the


Iron ore's darkish clouds create silver lining for Pilbara miners
Thu, 18 Apr 2019 00:00:00 GMT
Cyclone Veronica cost Rio Tinto and BHP more than 20 million tonnes of iron ore production but could add billions to their - and the federal government's - bottom


Number of news reports: 15