The global iron ore price is expected to temporarily rise above $US100 ($138) per tonne due to fallout from Vale's recent tailings dam disaster in Brazil, according to Capital Economics.
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Iron ore prices rise on Brazil dam disaster concerns
Iron ore prices have been bolstered by the threat of supply disruptions caused by last week's tailings dam disaster in Brazil.
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Latest Vale tailings dam breach could affect Samarco talks
A dam disaster in Brazil that left 60 people dead and over 300 missing last Friday has cast a new light on the safety record of iron ore major Vale.
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OZ Minerals pushes for major project growth in 2019
OZ Minerals will focus on a series of major project developments in 2019 after generating $1.1 billion in net revenues and exceeding its production guidance last year.
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BHP, Vale finalise Samarco dam disaster compensation
Brazilian prosecutors in the state of Minas Gerais have released a statement detailing final compensation payments with Vale and BHP over the 2015 Samarco dam disaster.
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BHP to settle US Samarco class action for $US50m
BHP is to settle a US class action complaint concerning the purchasers of American depositary receipts of BHP in the wake of the Samarco dam disaster in Brazil.
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OZ Minerals completes compulsory acquisition of Avanco
OZ Minerals now owns 100 per cent of Avanco Resources' shares through its subsidiary OZ Minerals Brazil, as the $418 million acquisition of all Avanco's outstanding shares has moved into completion.
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BHP to defend imminent class action over Samarco dam failure
BHP has been served a Federal Court of Victoria class action by investors over the 2015 Samarco dam disaster in Brazil.
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Beadell leaders move on, new Tucano contract signed
Beadell Resources chief executive and managing director Simon Jackson, along with two directors, has stepped down from his position as the Brazil-focused company tries to improve its operating performance.
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OZ Minerals takeover of Avanco becomes ‘compulsory’
OZ Minerals will commence a compulsory takeover of Brazil-focused miner Avanco Resources after acceptances for the deal moved beyond 90 per cent.
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BHP, Vale settle Samarco dam disaster lawsuit
BHP, Vale and their joint-owned subsidiary Samarco have reached a compensatory agreement with the Brazilian Government over the 2015 Bento Rodrigues dam disaster.
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Glencore accepts OZ Minerals’ Avanco offer, shares now stand at 73.9%
OZ Minerals this week reached acceptances in its bid for Brazilian copper-gold miner Avanco totalling 73.9 per cent of company shares.
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OZ Minerals nears finish line of Avanco takeover
OZ Minerals $418 million takeover bid for Brazil-focused Avanco Resources is a step closer to completion after OZ declared it unconditional.
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BHP gets more time at Samarco
BHP, with joint venture partners Vale and Samarco, has been granted an additional 66 days to negotiate a settlement over the dam collapse at the Brazilian iron ore operations in 2015.
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OZ Minerals launches $444m takeover offer for Avanco
OZ Minerals plans a significant expansion into South America through a takeover of Brazilian-focused copper-gold miner and developer Avanco.
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Beadell to merge with Golden Harp to form new company
ASX-listed Beadell Resources, an Australian-headquartered mining company known for its gold operations in Brazil, in particular the Tucano mine, has announced a merger with Canadian company Golden Harp Resources to from a new dual-listed company, Americano Mining.
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Avanco builds a Brazilian empire
If there is one piece of advice that Avanco managing director Tony Polglase can offer about mining in Brazil, it’s that local credibility is critical for success.
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Avanco pushes CentroGold project towards 2Moz
Brazilian-focused miner Avanco has delivered a 20 per cent increase in gold ounces at its CentroGold project in Maranhão State.
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Vale executes deal for Pantera copper project with Avanco
Avanco has agreed to a deal with Brazilian major Vale to purchase 100 per cent of its Pantera copper project in Brazil, in an acquisition expected to cost anywhere between $25 to $44 million.
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Orinoco Gold hits a 45g/t average at Brazilian operation
Orinoco has cited the benefits of its back-to-basics approach to milling at its Cascavel gold mine in Brazil, returning six samples from its pilot hammer mill with an average grade of 36.68 grams of gold per tonne.
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