Vale News

Brazil Mining Disaster to Lead to Stricter Insurance Standards, Oversight

Brazil’s worst mining accident will lead to stricter insurance standards under a revised version of an industry bill first introduced to Congress two years ago. The cost of damage to communities, loss of life and environmental consequences from the Nov. …

Mine Disasters Show Real Cost of Using Cheap Solutions for Waste Storage

As miners globally review the way they store waste in the wake of another horrific dam spill, the solution may be as simple as it is dramatic: spend a lot more. Images of sludge spewing into towns and rivers could …

Brazil Mine Disaster Could Devastate Ecosystem for Many Years

The collapse of two dams at a Brazilian mine has cut off drinking water for quarter of a million people and saturated waterways downstream with dense orange sediment that could wreck the ecosystem for years to come. Nine people were …

Brazil Slaps Initial Fine of $66 Million on Mine for Burst Dam Disaster

Brazil’s president slapped preliminary fines of 250 million reais ($66.2 million) against a mine in the country’s southeast where two dams burst, killing nine people and coating a two-state area with mud and mine waste. The fines, announced after President …

Brazil Vows to Make BHP & Vale Pay Fine & Cleanup Costs for Mine ‘Catastrophe’

Brazil’s government said on Wednesday it may fine mining giants BHP Billiton Ltd and Vale SA for the “environmental catastrophe” caused by ruptured dams at an iron ore mine jointly owned by the companies in a southeastern state. The government …