May 21, 2019
Brazilian miner Vale‘s tailings dam in the town of Barao de Cocais in Minas Gerais has up to a 15% chance of breaking, the state’s environment secretary said on Monday. The dam at Vale‘s Gongo Soco mine is about 40 …
May 17, 2019
Brazilian iron ore miner Vale SA told prosecutors in the state of Minas Gerais that a dam is at risk of rupturing at its Gongo Soco mine, about 40 miles from where its Brumadinho dam collapsed, killing more than 230 …
May 16, 2019
Colorado oil and gas regulators are outlining some of their first planned rule changes under a new law that makes public safety and the environment their top priorities. The Oil and Gas Conservation Commission will meet with industry representatives and …
May 10, 2019
Brazil’s Vale said on Thursday that it plans to invest $2.5 billion over the next five years in technology that removes the need for tailings dams, the waste facilities responsible for two deadly mining disasters in the past four years. …
May 8, 2019
Anglo-Australian mining giant BHP is facing a landmark, $5.0 billion damages claim in England for being “woefully negligent” in the run-up to a 2015 dam failure that led to Brazil’s worst environmental disaster, a lawsuit alleges. The claim, which will …
April 18, 2019
If you’re among those who regard “environmental, social and governance” as just another in a long line of trendy buzz-phrases, then you may want to rethink. ESG standards, which companies use to highlight operations that interest socially conscious investors, will …
March 25, 2019
Brazilian mining giant Vale said Saturday [March 23] that communities in the southeastern state of Minas Gerais have been ordered to evacuate after independent auditors found that one of its dams could collapse at any moment. On Friday, the company …
March 19, 2019
Vale SA’s shares declined on Monday as the world’s biggest iron ore producer faced continued backlash from Brazilian authorities after a deadly mining accident in January. Rio de Janeiro-based Vale was ordered on March 15 to shut its Timbopeba mine …
March 6, 2019
Brazilian iron ore miner Vale fired an inspection firm because the company refused to certify one of its dams as safe, months before the barrier collapsed and killed hundreds, prosecutors said in a document filed this week, as they explained …
March 4, 2019
Brazilian iron ore miner Vale SA Chief Executive Fabio Schvartsman and several other senior executives resigned on Saturday in what the company described as a temporary move, after one of its mining dams burst in January, killing hundreds. Vale said …