Brazil’s Samarco mining firm has pledged to pay at least $260 million in reparations for the environmental damage caused by the bursting of two dams two weeks ago.
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2013 study warned of Samarco dam break risk
As the death toll from the Samarco tailings dam disaster continues to rise while BHP shares fall to the lowest prices since 2005, questions are being raised over the preventative measures taken to prevent a disaster from occurring.
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BHP, Vale set up emergency fund for Brazil mining disaster
An emergency fund to assist affected families and rebuilding works in Brazil has been set up by mining companies BHP Billiton and Vale after the deadly iron ore mine dam burst
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BHP CEO provides address on serious Brazil Incident
BHP Billiton CEO Andrew Mackenzie made a public address about the tragic Samarco Mineração incident last Friday.
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BHP tailings dam burst in Brazil
A BHP iron ore mine's tailings dam has burst in Brazil’s southeast on November 6, leaving 15 dead, and 45 missing
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Shipping costs on the rise
Shipping costs are on the rise according to the Baltic Dry Index, which last week saw its largest gain since 2009.
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MACA wins Brazilian mining contract
MACA has been awarded a Letter of Intent for work at Beadell Resources’ Antas North copper mine.
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Vale cuts 25 million tonnes of high-cost iron ore production
Vale plans to cut 25 million metric tonnes of high cost iron ore from its portfolio, but analysts say the move will do little to help the depressed price of the commodity.
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MACA partners with Beadell Resources on Tucano gold project
Beadell Resources has signed a Letter of Intent for a mining partnership with MACA on its Tucano gold project in Brazil.
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China lifts ban on Valemax carriers
In another blow for Australian iron ore, China has lifted its ban on Valemax iron ore bulk carriers allowing more Brazilian iron ore.
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ABB wins massive truckless mine automation contract
ABB has won a contract to make the world's largest iron truckless.
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Seven new underwater mining licences issued
The International Seabed Authority has gotten behind seabed mining after issuing seven new underwater mining licences.
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World’s largest iron ore mine to go truckless
ABB is working Vale to make its Carajas Serra Sul S11D iron ore mine automated and completely truckless.
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Safety company buys gold mine
Australian company Safety Medical Products has announced it will acquire a Brazilian gold project.
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