As Australia’s water supplies continue to plummet, mining companies are searching for new ways to process minerals without using a tailings dam. Alfa Laval offers an answer to this need with advanced dewatering solutions.
Experts have blamed the massive tailings dam rupture at Vale’s Córrego do Feijão iron ore mine in Brumadinho in the Brazilian state of Minas Gerais on drainage problems.
Protest and activism led to the International Mining and Resources Conference (IMARC) in Melbourne hitting global headlines this year.
Samarco joint venture partners BHP and Vale have received a licence to continue iron ore operations in the state of Minas Gerais in Brazil.
An increase in global demand for high quality iron ore coupled with a supply shortage has some of Australia’s lesser known mining companies optimistic.
Technology is changing how mining companies can manage risk. But is the industry tech-ready to prepare for the diverse risks it now faces?
Vale has warned of the possible dam collapse at the Gongo Soco mine in Barão de Cocais, Minas Gerais, 65 kilometres away from the site of the Brumadiho dam failure.
Brazilian mining giant Vale has reported a US$1.6 billion loss ($2.3 billion) in the March quarter after the Brumadinho dam disaster led to disruptions to its supply of iron ore.
BHP has been hit with the largest damages claim in British legal history through a group action lawsuit seeking $US5 billion ($7.2 billion) over the 2015 Fundão dam collapse in Brazil.
Vale chief executive officer Fabio Schvartsman has temporarily resigned from his role due to controversy related to the Brumadinho tailings dam disaster in Brazil in January.
In the wake of ICMM’s announcement of new global tailings facilities standard for its members, BHP, its member company said it had increased the rigour of its management of tailings facilities since the failure of the Samarco dam in 2015.
Anglo American produced 10 per cent more copper last year than in 2012 with just half the number of assets, the company revealed in its annual report.
Rio Tinto plans to strengthen how its global portfolio of tailings dams is managed in the wake of Vale’s latest disaster in Brazil.
South32 has highlighted tailings safety in its latest 2019 half-year report, emphasising the company’s dam management standard.
Australian iron ore majors such as Fortescue, BHP and Rio Tinto have all seen a significant boost to their share prices while Brazilian company Vale’s has dropped significantly.
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.
BHP has been served a Federal Court of Victoria class action by investors over the 2015 Samarco dam disaster in Brazil.
An Independent Scientific and Technical Advisory Panel will be created this year to support recovery efforts following BHP and Vale’s Samarco mine disaster in Brazil.
Vale, BHP Billiton Brazil and Samarco have entered a preliminary agreement with Brazil’s Federal Prosecutors’ Office over remediation fees following the Samarco tailings dam failure.
Iron ore miner Samarco and joint venture owners BHP Billiton and Vale have entered a non-binding agreement allowing Samarco to use Vale’s Timbopeba tailings pit if it restarts operations.