Page 48 - Jake Spring News Today

Brazil’s Bahia Mineracao starts production at iron ore mine – CEO Brazilian miner Bahia Mineracao, a subsidiary of Kazakhstan’s Eurasian Resources Group, started production at a mine in northeastern Brazil with expected 2021 output of 1 million tonnes of iron ore, its chief executive said on Tuesday. Bahia Mineracao plans to double output at the Pedra de Ferro mine in Bahia state to 2 million tonnes of iron ore by next year, CEO Eduardo Ledsham said in an interview. The mine shipped its f...

A view of a collapsed tailings dam owned by Brazilian mining company Vale SA, in Brumadinho RIO DE JANEIRO (Reuters) – Brazilian miner Vale SA and authorities in the state of Minas Gerais said on Wednesday they have defined potential settlement terms regarding a 2019 mining disaster, with a source saying the deal is worth about 37 billion reais ($6.89 billion). A dam containing mining waste burst in January 2019 at a Vale facility in the town of Brumadinho in Minas Gerais, releasing a tor...

(Adds more chief executive comments) RIO DE JANEIRO, Feb 2 (Reuters) - Brazilian miner Bahia Mineracao, a subsidiary of Kazakhstan’s Eurasian Resources Group, started production at a mine in northeastern Brazil with expected 2021 output of 1 million tonnes of iron ore, its chief executive said on Tuesday. Bahia Mineracao plans to double output at the Pedra de Ferro mine in Bahia state to 2 million tonnes of iron ore by next year, CEO Eduardo Ledsham said in an interview. The mine shipped its ...

Brazil's main environmental enforcement agency, Ibama, handed out 20% fewer fines in 2020, a Brazilian non-profit factchecking initiative said on Tuesday, as the government rolls back conservation efforts and Amazon deforestation skyrockets.

By Reuters Staff 2 Min Read SAO PAULO, Feb 1 (Reuters) - Traffic was flowing freely on Monday morning on all of Brazil’s highways, the government said, on the first day of a planned truckers strike that raised fears of a repeat of a 2018 protest that snarled roadways and depleted store shelves. The Infrastructure Ministry, in a series of tweets citing highway patrol police around Brazil, said that on all federal roadways as of 7 a.m. and 9 a.m. there was free flow of vehicles without holdups....

3 Min Read BRASILIA (Reuters) - Brazil’s government needs to do more to combat rising illegal deforestation in the Amazon rainforest that is damaging the country’s business reputation, said João Paulo Ferreira, Latin America CEO at cosmetics maker Natura & Co. Slideshow ( 5 images ) The business community is having positive discussions with Vice President Hamilton Mourão, who has taken the lead on Amazon issues, Ferreira said. But this talk is still not being reflected in the actions of t...

2 Min Read BRASILIA, Jan 27 (Reuters) - An area the size of Israel was deforested in the Amazon biome last year as destruction surged 21% in the region spanning nine countries that is home to the world’s largest rainforest, according to the Amazon Conservation organization. A first look at deforestation in the full year of 2020 shows that roughly 21,000 square kilometers (8,108 square miles) of old-growth forest was cut or burned down, about the size of New Jersey, the U.S.-based non-profit g...

Two years after Brazil mining disaster, no closure for victims or Vale 25 Jan 2021 / 23:03 H. By Leonardo Benassatto BRUMADINHO, Brazil, Jan 25 (Reuters) - Families of the roughly 270 victims of a Vale SA mining dam collapse in Brazil held protests and vigils on the disasters second anniversary on Monday, raising pressure on the company as it struggles to settle legal claims. Firefighters are still searching for the bodies of 11 victims presumed lost in a torrent of mining sludge that buried...

Brazilian miner Vale SA and state authorities narrowed their gap in a potential settlement deal over the Brumadinho mining disaster to 11 billion ...

2 Min Read FILE PHOTO: The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. REUTERS/Washington Alves RIO DE JANEIRO (Reuters) - Brazilian miner Vale SA and state authorities narrowed their gap in a potential settlement deal over the Brumadinho mining disaster to 11 billion reais ($2 billion) before talks fell apart, a person close to the negotiations told Reuters on Friday. The 2019 disaster in the town of Brumadin...