A panel commissioned to investigate the cause of BHP and Vale’s Samarco mine dam failure have released their findings.
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Samarco unlikely to restart by year’s end; 1000 jobs may go
Brazil’s Samarco iron ore mine is unlikely to resume production by the end of this year following the disastrous tailings dam burst last year.
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Civil lawsuit dismissed for Samarco disaster: Vale
Iron ore giant Vale SA said the 20 billion reals (AU$7.8 billion) civil lawsuit claiming damages for the Samarco mine disaster last year has been dismissed.
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Miners wasted the boom, PwC says
Nearly a third of capital expenditure spent by the top 40 major miners since 2010 has been wasted, according to a new PricewaterhouseCoopers' report.
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Iron ore stable as majors prepare for additional supply
Iron ore has begun stabilising after a series of falls, with a stronger price point likely to see more marginal players re-enter the market.
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Iron ore slips below US$60
Iron ore’s rally appears to be receding, as the metal slides below US$60 per tonne.
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BHP and Vale face new US$43 billion Samarco lawsuit
Brazilian Federal prosecutors have begun civil proceedings against BHP and Vale joint venture operation Samarco , seeking compensation for social, environmental, and economic damages.
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Iron ore leaps above US$70 per tonne
Iron ore continues from strength to strength as it reaches US$70.46 per tonne.
This continual upwards movement extends this year’s gains to 61.7 per cent, and marks the third largest surge since spot
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Iron ore rallies above US$60
Iron ore has defied predictions and risen above US$60 per tonne overnight.
The metal rose 4.1 per cent to US$62.85 per tonne at Qingdao on Tuesday, taking the year’s total gain to 44 per cent.
Northen
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A new guard? [opinion]
Mining is entering a new era, but will this mean a new era of leaders too?
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Former Vale CEO killed in plane crash
Roger Agnelli, the former CEO of Vale who was removed by the government, has been killed in a light plane crash.
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Samarco due to restart by year’s end
The Samarco Mineracao iron ore mine in Brazil expects to restart in the fourth quarter this year, following the disastrous tailings dam collapse in November last year which resulted in the deaths of 19 people.
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Septentrio delivers machine control receivers to world’s largest iron ore mine
Septentrio Americas has delivered over 40 GNSS machine control receivers for deployment at Vale's S11D Iron Project in Carajás, Brazil.
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Fortescue and Vale sign China focused MoU
Fortescue has signed a non-binding MoU with fellow iron ore major Vale S.A. to create a JV and blend their own together.
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Samarco to compensate Brazil for tailings spill tragedy
The Samarco joint venture has reached a settlement with the Brazilian government for a minimum of $US1.7 billion over six years for the tailings spill that killed 19 people last year.
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Legal action continues to mount against Samarco joint venture
Brazilian Police have accused six Samarco executives of homicide over the deaths of 19 people in the tragic Samarco Mineracao tailings dam collapse and subsequent mudslide.
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Vale posts its worst loss ever
Vale has recorded its worst quarterly net loss, and is considering the divestment of core assets.
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Which miner will be downgraded next?
As the mining industry continues to suffer amidst a massive downturn, high debt, and low commodity prices, miners’ ratings are being heavily downgraded and many are left wondering who will be next to see their grade suffer.
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Second spill at Samarco site in Brazil
The Samarco mine in Brazil has experienced another spill at the site, only three months after the disaster that killed 17 people and caused devastation to waterways and a nearby village.
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Vale push to mine Hunter Valley biodiversity offset areas
The Planning and Assessment Commission will today determine if Vale will be allowed to change its environmental conditions of consent for the Integra Mine Complex.
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