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Christian Plumb

Brazil regulator says Vale 'negligence' may have cost lives

05 Nov 2019

BRASILIA/SAO PAULO Brazil's mining regulator on Tuesday blasted iron ore miner Vale SA for failing to disclose problems with a mining dam before a deadly collapse in January, saying this kept the agency from taking actions that could have saved lives.

Vale CEO received anonymous email warning ahead of Brazil dam disaster - congress report

05 Nov 2019

SAO PAULO The former chief executive of Brazilian iron ore miner Vale received an anonymous email weeks before the deadly collapse of a tailings dam at Brumadinho in January 2019 warning about "dams at their limit," according to the findings of an exhaustive congressional report on the disaster.

UPDATE 2-Vale to open shuttered Alegria mine, starting to restore lost output

01 Nov 2019

SAO PAULO, Nov 1 Miner Vale SA said on Friday it had been authorized by Brazilian regulator ANM to resume operations at its Alegria mining site, which were interrupted last March after a "stress test" failed to guarantee its stability.

Brazil's Vale CEO says not yet time to resume dividends

25 Oct 2019

SAO PAULO Vale SA's chief executive officer said on Friday that a resumption in paying dividends or share buybacks would depend on progress in repairing the damage from its Brumadinho tailings dam collapse, which killed more than 250 people.

Brazil's Vale earnings miss expectations, cites dam shutdown progress

25 Oct 2019

SAO PAULO Brazilian miner Vale on Thursday reported a weaker-than-forecast 15% gain in quarterly earnings as the iron ore exporter tries to overhaul its operations to avoid a recurrence of the dam burst that killed more than 250 people in January.

Vale misled public on dangerous dams, prompting Brazil probe - source

18 Sep 2019

RIO DE JANEIRO/BRASILIA/SAO PAULO Faced with public outrage after its second mining dam collapse in four years killed at least 240 people in Brazil, Vale SA misrepresented what it had done to shut down its riskiest dams, a review of the company's statements shows.

FOCUS-Vale misled public on dangerous dams, prompting Brazil probe -source

17 Sep 2019

RIO DE JANEIRO/BRASILIA/SAO PAULO, Sept 17 Faced with public outrage after its second mining dam collapse in four years killed at least 240 people in Brazil, Vale SA misrepresented what it had done to shut down its riskiest dams, a review of the company's statements shows.

FOCUS-Vale misled public on dangerous dams, prompting Brazil probe -source

17 Sep 2019

RIO DE JANEIRO/BRASILIA/SAO PAULO, Sept 17 Faced with public outrage after its second mining dam collapse in four years killed at least 240 people in Brazil, Vale SA misrepresented what it had done to shut down its riskiest dams, a review of the company's statements shows.

Brazilian lithium producer Sigma in talks with Tesla, other automakers

12 Sep 2019

BELO HORIZONTE, Brazil Brazil-based lithium startup Sigma Lithium Resources Corp has held talks with Tesla Inc and other automakers about supplying the key battery ingredient in the coming years, the company's chief executive said on Thursday.

Global mining panel looks to boost accountability after Brazil disaster

12 Sep 2019

BELO HORIZONTE, Brazil New safety standards being drawn up by a global mining industry panel will include rules to better define management accountability after Vale SA's January tailings dam disaster, a top industry official said on Wednesday.

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